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Martin George & Company > Articles posted by site_admin (Page 38)

Tobago Chamber: Make Tobago VAT-free zone

With Budget Day set for October 5, the Tobago Business Chamber is proposing several ways in which the Government can stimulate Tobago’s economy. One such proposal is to make Tobago a VAT-free zone. In a WhatsApp voice note on the Chamber’s budget proposal, chairman Martin George said changing the island’s VAT-status is not a new proposal as the Chamber “floated” the idea before. “We are requesting that Tobago be made a totally VAT-free zone. It is not impossible. You have places like Panama, where they have within the country a declared duty-free zone. We think that will also help to stimulate greater investment...

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Tobago Chamber to Govt: ‘Please reopen beaches, bars’

Tobago business chamber chairman Martin George wants the Government to ease its covid19 restrictions for beaches, bars and food establishments in Monday’s budget presentation as a means of generating some much needed economic activity on the island. In an attempt to prevent the spread of the virus, beaches remain closed to the public while bars and restaurants are offering pick-up services only. The Prime Minister has said the Government will review these restrictions on October 11 if the rate of new covid19 infections decreases significantly. But in a Whatsapp voice note on Friday, George said with the borders still closed to the international...

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Hotels started getting financial relief

Head of the Tobago Business Chamber, Martin George, says some of the hotels on the island have started getting the financial relief stimulus packages being offered the state to cushion the effects of COVID-19. Speaking on Power 102’s Power Breakfast Show, he said that persons have applied for those relief packages and that there have been challenges with the administration of it as they took quite some time to get themselves initially organised. But he said he is pleased with the interaction the Tobago Tourism Agency is having with the various stakeholders on the sister isle. “In fairness to them they have been trying...

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