The TTMA's Ryan Lewis says it's becoming more difficult to do and get business done in Trinidad and Tobago, and government needs to work towards creating a more enabling environment.
According to Ryan Lewis, increased taxes are hurting businesses, and this is combined with the reality that government's business-related processes and procedures are not as efficient as they should be.
The TTMA head is urging government to start doing what is required to create the enabling environment business needs to reignite the T&T economy.
The Trinidad and Tobago Manufacturers’ Association (TTMA) is "strongly" urging the government and the opposition to come to an agreement regarding the Income Tax Amendment Bill, which is needed to facilitate an exchange of taxpayers’ information with European Union/Global Forum states.
In a statement issued Monday, the TTMA sais it is aware that failure to pass this legislation could lead to significant delays in local transactions with overseas banks, a situation that would have severe consequences for the business community and the general public.
The Trinidad and Tobago Manufacturers’ Association (TTMA) says it has signaled to the government, through its budget recommendations for 2018/19, the need for the expansion and growth of non-energy manufacturing sector as a priority area for moving the country forward.
“We have listened to the concerns of our members and in this year’s budget submission and have shortlisted and prioritized the areas we believe that can have the most gains for manufacturing to grow,” President of the Association, Christopher Alcazar said in a statement.
The Trinidad and Tobago Manufacturers’ Association (TTMA) says a nationwide shutdown on Friday will negatively impact the interests of the majority of citizens.
The TTMA is the latest organisation to object to the nationwide shutdown on Friday.
The TTMA issued the following statement on Tuesday.
"The Trinidad and Tobago Manufacturers’ Association (TTMA) stands in solidarity with all unions negotiating for safe working conditions, fair wages and the best interests of their workers.
The Trinidad and Tobago Medical Association says it is concerned about the lack of employment for qualified medical professionals and in particular House Officers in the public sector. They estimate that there are close to 200 doctors who continue to seek permanent employment.
The President of the Trinidad and Tobago Manufacturers' Association (TTMA) Mr Christopher Alcazar is welcoming the appointment of Gary Griffith to the position of police commissioner.
In a press release today Alcazar says “Crime has affected all persons in Trinidad and Tobago, the manufacturing sector included.
The Trinidad and Tobago Manufacturers’ Association (TTMA) has embarked on the trade mission to Jamaica and is scheduled to return April 21st, 2018.
The delegation is led by Permanent Secretary in the Ministry of Trade and Industry, Norris Herbert and TTMA President Christopher Alcazar.
The TTMA is also working closely with the Jamaican Chamber of Commerce (JCC) and the Trinidad and Tobago High Commission in Jamaica.
The Trinidad and Tobago Manufacturers’ Association (TTMA) says it does not support the statement made by Trinidad and Tobago’s permanent representative to the OAS on March 23 to Dominica's First Secretary Judith Anne Rolle’s request for a two (2) year waiver of its fees to the OAS.
At the meeting, contrary to the position of all other nations' representatives, a deferral was recommended by our country's representative rather than the requested waiver.
The Trinidad and Tobago Manufacturers' Association (TTMA) is welcoming the Finance Minister’s commitment to the manufacturing sector in relation to the distribution of foreign exchange.
In a release the TTMA's Chief Executive Ramesh Ramdeen says the position will “no doubt aid manufacturers in accessing much needed raw materials.”