Andrew Gioannetti

Tobago, Trinidad and Tobago

Freelance Writer at Freelance

Reporter and writer at Newsday (Trinidad and Tobago)

Freelance writer & reporter

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Articles

Aranguez's commercial pivot: From farmland to enterprise

1 week ago | newsday.co.tt | Andrew Gioannetti

Business WHAT was once one of Trinidad’s largest farming belts on the outskirts of Port of Spain is swiftly transforming into a dense patchwork of hardware stores, warehouses, fast food outlets, plazas and malls. The district of Aranguez, long known for its fertile fields and steady supply of fresh produce, is in the midst of a dramatic evolution – one that farmers and business leaders alike believe is inevitable, though not without its consequences. The signs are obvious.
"Swaratsingh leads first ministerial executive discussion"

1 week ago | newsday.co.tt | Andrew Gioannetti

News NEWLY appointed Minister of Planning, Economic Affairs and Development Senator Kennedy Swaratsingh officially assumed duties on May 5. He met with the ministry’s executive team, including permanent secretary Aarti Bedassie-Maharaj, deputy permanent secretaries, heads of department, managers and staff, to begin strategising and planning the ministry’s work programme under his watch.
"Plipdeco appoints new director amid ongoing leadership changes"

1 week ago | newsday.co.tt | Andrew Gioannetti

Business THE Point Lisas Industrial Port Development Corporation Ltd (Plipdeco) has appointed Sheldon Baptiste as a director on its board, effective April 25. The appointment was disclosed in a notice of material change published on the TT Stock Exchange website on April 29. Baptiste's appointment comes during significant leadership changes at the state-owned corporation, which operates the port of Point Lisas and manages the Point Lisas Industrial Estate.
"UNC celebrates 36th anniversary after historic election win"

1 week ago | newsday.co.tt | Andrew Gioannetti

News THE UNITED National Congress (UNC) marked its 36th anniversary on April 30, just two days after a landslide general election victory – a moment leader Kamla Persad-Bissessar described as one of “deep, historic significance” for the country. In a message marking the occasion, Persad-Bissessar, who was sworn in as Prime Minister on May 1, described the coincidence of the UNC regaining government while celebrating its anniversary as a source of “gratitude, humility and renewed purpose.
"TTNGL cuts losses to $119.4m"

1 week ago | newsday.co.tt | Andrew Gioannetti

News TRINIDAD and Tobago NGL Ltd (TTNGL) recorded a reduced after-tax loss of $119.4 million for the financial year ended December 31, 2024 – a marked improvement from the $547.7 million loss it posted in 2023. The company, a subsidiary of the TT National Gas Company, attributed the narrowed loss to a stronger operational performance from its core asset, Phoenix Park Gas Processors Ltd (PPGPL), as well as higher product prices and improved production volumes.
"TCL reports $25.8m first-quarter profit"

2 weeks ago | newsday.co.tt | Andrew Gioannetti

News TRINIDAD Cement Ltd (TCL) has reported a strong start to 2025, posting a net profit attributable to shareholders of $25.8 million for the first quarter ended March 31. In its unaudited financial statements published on the TT Stock Exchange website on May 1, TCL said this marks a significant turnaround from the $7.5 million loss recorded in the same period last year, as the company benefited from higher revenues and ongoing cost management initiatives.
"MPC Clean Energy completes reorganisation, widens regional footprint"

2 weeks ago | newsday.co.tt | Andrew Gioannetti

Business MPC Caribbean Clean Energy Ltd closed 2024 having completed a major group reorganisation. It expanded its renewable energy portfolio and reportedly deepened its community impact across the Caribbean and Central America. In its annual report for the year ended December 31, 2024, the company confirmed the transfer of all assets from its former investment fund to the company itself.
"NIF income grows, portfolio value slips in 2024"

2 weeks ago | newsday.co.tt | Andrew Gioannetti

Business THE NATIONAL Investment Fund Holding Company (NIF) closed 2024 with higher income but a weaker portfolio valuation, as it contended with continued market volatility and falling share prices across key holdings on the local stock exchange. In its annual report for the year ended December 31, 2024, NIF reported a 72 per cent rise in net income to $145.2 million, driven by an $87.7 million or 27 per cent increase in dividend income, alongside higher interest earnings.
Griffith pleased to offer alternative, knocks 'filthy' campaign spending

2 weeks ago | newsday.co.tt | Andrew Gioannetti

Your Vote, Your Future NATIONAL Transformation Alliance (NTA) political leader Gary Griffith has criticised what he described as obscene levels of campaign spending ahead of the April 28 general election, while commending the public for a largely peaceful and mature campaign season. Griffith, contesting the St Joseph seat, spoke to Newsday on April 26 as his party closed its campaign with a motorcade from Bagatelle, Diego Martin, to the Larry Gomes Stadium, Arima.
Griffith unveils new elite unit at NTA's final motorcade

2 weeks ago | newsday.co.tt | Andrew Gioannetti

Your Vote, Your Future NATIONAL Transformation Alliance (NTA) political leader Gary Griffith has promised to establish a new elite crime-fighting unit, ten times the size of the defunct Special Operations Response Team (SORT), if elected to office. Griffith made the announcement as the NTA closed its campaign on April 26 with a motorcade from Bagatelle, Diego Martin, to the Larry Gomes Stadium, Arima, two days ahead of the April 28 general election.