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Businesses that closed down in Trinidad & Tobago due to Covid-19 lockdown

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Numb3r4
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Re: Businesses that closed down in Trinidad & Tobago due to Covid-19 lockdown

Postby Numb3r4 » August 26th, 2020, 7:28 pm

Ok cool.

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Re: Businesses that closed down in Trinidad & Tobago due to Covid-19 lockdown

Postby Duane 3NE 2NR » August 26th, 2020, 7:51 pm

Image

K74T
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Re: Businesses that closed down in Trinidad & Tobago due to Covid-19 lockdown

Postby K74T » August 26th, 2020, 8:04 pm

#comenahman

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Re: Businesses that closed down in Trinidad & Tobago due to Covid-19 lockdown

Postby Tortilla_Man » August 26th, 2020, 10:33 pm

Meanwhile Massa Stores open another branch, and Victoria Secret open here a while back.
1% unaffected as usual.

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Re: Businesses that closed down in Trinidad & Tobago due to Covid-19 lockdown

Postby MaxPower » August 26th, 2020, 10:38 pm

Tortilla_Man wrote:Meanwhile Massa Stores open another branch, and Victoria Secret open here a while back.
1% unaffected as usual.


Hello Tortilla_Man,

The 1% is always a step ahead.

They are born to make visions a reality.

We all can be our own inner 1% by working harder and not let the actions of others or the Govt affect us.

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Re: Businesses that closed down in Trinidad & Tobago due to Covid-19 lockdown

Postby SPK1983 » August 26th, 2020, 10:48 pm

Meanwhile my workplace is actually expanding. Since lockdown began, the company numbers have increased by 20%, with a further 30% increase estimated in the next 2-3 months. The entire org is operating remotely, and is actually past office capacity if we were to all return to work come Monday.

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Re: Businesses that closed down in Trinidad & Tobago due to Covid-19 lockdown

Postby Numb3r4 » August 26th, 2020, 11:20 pm

What type of business are you a part of?

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Re: Businesses that closed down in Trinidad & Tobago due to Covid-19 lockdown

Postby agent007 » August 27th, 2020, 12:42 am

ProtonPowder wrote:sad if true

What can even take the space that a cinema leaves behind?


The original Faith Center church on Prince of Wales St, SF was a cinema prior to becoming holy. Similarly, Astor in Woodbrook is now a church too. So there are Pentecostal Pastor/s probably waiting for a large cinema to close down so they can invest in a new business/church to collect more tithes and offerings..

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Re: Businesses that closed down in Trinidad & Tobago due to Covid-19 lockdown

Postby RedVEVO » August 27th, 2020, 1:34 am

^^

There use to be a "chinese/ african/ indian" mix up man selling pancakes with doubles channa on Ariapita Ave.,

He close down .

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Re: Businesses that closed down in Trinidad & Tobago due to Covid-19 lockdown

Postby De Dragon » August 27th, 2020, 12:13 pm

ProtonPowder wrote:lmao

fixing roof already though?

Prolly used the same contractor as JUHN and Co. used for the Red House :roll:

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De Dragon
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Re: Businesses that closed down in Trinidad & Tobago due to Covid-19 lockdown

Postby De Dragon » August 27th, 2020, 12:25 pm

Caxxos "minimarts" and "bars", wait........do imaginary, figment of a pea sized brain businesses count? :lol: :lol:

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Re: Businesses that closed down in Trinidad & Tobago due to Covid-19 lockdown

Postby SPK1983 » August 27th, 2020, 12:38 pm

Numb3r4 wrote:What type of business are you a part of?


IT field - providing ERP, CRM, cloud and other related solutions.

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Re: Businesses that closed down in Trinidad & Tobago due to Covid-19 lockdown

Postby redmanjp » August 27th, 2020, 12:53 pm

SPK1983 wrote:Meanwhile my workplace is actually expanding. Since lockdown began, the company numbers have increased by 20%, with a further 30% increase estimated in the next 2-3 months. The entire org is operating remotely, and is actually past office capacity if we were to all return to work come Monday.


we should have a list of businesses booming due to the pandemic: sanitation services definitely making money
delivery services like wi-eat also

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Re: Businesses that closed down in Trinidad & Tobago due to Covid-19 lockdown

Postby pugboy » August 27th, 2020, 1:26 pm

Quite a few of them food delivery services, wonder if they making money or will weed themselves out eventually
I for one find paying $50 extra for a meal kinda high

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Re: Businesses that closed down in Trinidad & Tobago due to Covid-19 lockdown

Postby Dizzy28 » August 27th, 2020, 1:35 pm

pugboy wrote:Quite a few of them food delivery services, wonder if they making money or will weed themselves out eventually
I for one find paying $50 extra for a meal kinda high


I wouldn't use it for a single meal. But if you having a small gathering in your household like a birthday for the household $50 on a $500 or greater bill not that bad.

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Re: Businesses that closed down in Trinidad & Tobago due to Covid-19 lockdown

Postby pugboy » August 27th, 2020, 1:47 pm

It will be more as it’s usually a percentage

Dizzy28 wrote:
pugboy wrote:Quite a few of them food delivery services, wonder if they making money or will weed themselves out eventually
I for one find paying $50 extra for a meal kinda high


I wouldn't use it for a single meal. But if you having a small gathering in your household like a birthday for the household $50 on a $500 or greater bill not that bad.

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Re: Businesses that closed down in Trinidad & Tobago due to Covid-19 lockdown

Postby adnj » August 27th, 2020, 1:48 pm

...........

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Re: Businesses that closed down in Trinidad & Tobago due to Covid-19 lockdown

Postby Dizzy28 » August 27th, 2020, 2:49 pm

pugboy wrote:It will be more as it’s usually a percentage

Dizzy28 wrote:
pugboy wrote:Quite a few of them food delivery services, wonder if they making money or will weed themselves out eventually
I for one find paying $50 extra for a meal kinda high


I wouldn't use it for a single meal. But if you having a small gathering in your household like a birthday for the household $50 on a $500 or greater bill not that bad.


Ohhh. %age with a minimum fee for orders below a certain value?

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Re: Businesses that closed down in Trinidad & Tobago due to Covid-19 lockdown

Postby pugboy » August 27th, 2020, 3:01 pm

not sure but i was looking at fooddrop and it’s def a percentage worked in

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Re: Businesses that closed down in Trinidad & Tobago due to Covid-19 lockdown

Postby wingnut » August 27th, 2020, 3:06 pm

I wud rather put $50 in gas and go collect it myself as most food places adapting an offering call and order pickups curbside or drive tru
Dizzy28 wrote:
pugboy wrote:Quite a few of them food delivery services, wonder if they making money or will weed themselves out eventually
I for one find paying $50 extra for a meal kinda high


I wouldn't use it for a single meal. But if you having a small gathering in your household like a birthday for the household $50 on a $500 or greater bill not that bad.

pugboy
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Re: Businesses that closed down in Trinidad & Tobago due to Covid-19 lockdown

Postby pugboy » August 27th, 2020, 3:11 pm

$50 is a bit exaggerated

i just checked, for a $120 burger from trotters
delivered to pos total it’s about $30
the percentage part is 5%

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Re: Businesses that closed down in Trinidad & Tobago due to Covid-19 lockdown

Postby redmanjp » August 27th, 2020, 3:26 pm

^ yeah. kfc and i think papa johns pizza delivery charge is about $10

maybe they expecting ppl who under quarantine orders to be desperate enough to pay that as they can't legally just jump in dey car

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Re: Businesses that closed down in Trinidad & Tobago due to Covid-19 lockdown

Postby bluefete » August 27th, 2020, 7:11 pm

https://newsday.co.tt/2020/08/27/ilo-ca ... collapsed/

NEWS
ILO: Caribbean tourism employment has collapsed
JULIEN NEAVES 3 HRS AGO

The International Labour Organisation (ILO) said sustainable solutions are urgently needed to address the collapse of Caribbean tourism employment because of covid19.

In a release, the ILO referred to its new publication – Tourism sector in the English- and Dutch-speaking Caribbean: An overview and the impact of covid19 on growth and employment.

The ILO reported almost half a million Caribbean tourism workers face the prospect of decent work deficits in the form of job losses, reduction in working hours, and loss of incomes, with the worsening of working conditions. The move to informal employment appears as a concrete possibility.

"It also advises that recovery from the adverse impact on sector jobs could be prolonged by a reversal in economic growth, and calls for a human-centred approach to resilient and sustainable solutions."

The report included ILO guidance and data as well as research done around the region to demonstrate the severity of the crisis on the sector’s labour market.

On average, the tourism industry directly contributes up to about 33 per cent of the region's GDP and over 52 per cent of export receipts. With approximately 30 million annual entries per year (the majority of which are cruise passengers, or from the US), the industry provides direct employment to 413,000 workers in the Caribbean. This figure represents, on average, 18.1 per cent of total employment. If indirect and induced employment is considered, such figures could rise to 43.1 per cent.

“While Caribbean labour force data is not yet available to determine exactly how tourism workers have been affected by the crisis thus far, studies conducted by regional organisations and preliminary national administrative data, however, have begun to paint a picture of what is happening,” explained Lars Johansen, director of the ILO decent work team and office for the Caribbean.

Reduced sample surveys indicate that 71 per cent of hotels had laid off staff by April 2020 to address the revenue shortfall caused by the crisis, some 66 per cent had also reduced the work-week or hours worked, and 53 per cent had cut salaries.

Tourism, the ILO noted, is traditionally a labour-intensive industry with a higher than average multiplier effect on employment in other sectors (for example, agriculture, food processing, construction, transport, as reflected by indirect employment figures). The industry tended to benefit vulnerable categories of workers experiencing disadvantage in the labour market such as youth, women and migrants and, more generally, is capable of absorbing workers with limited skill levels.

The ILO said most regional countries have taken multi-pronged approaches such as direct transfers for individuals and loans, grants and tax relief for businesses.

"Special attention should be placed on dismissed workers to ensure the shortest and most productive spans of labour market detachment through measures aimed to enhance their human capital such as upskilling and retraining."

The ILO also stressed in line with the already developed country and industry-specific protocols for the resumption of activities, occupational health and safety for workers and customers will remain paramount.

“I’m confident that the tourism that emerges from covid19 will be different from the tourism that we have grown used to. And the key difference will be significant integration of tourism and health functions to ensure the safety and health of visitors and locals alike,” said Neil Walters, acting secretary-general of the Caribbean Tourism Organisation.

The ILO said there is also room for more sustainable recovery mechanisms such as positioning the tourism sector to lead the green and blue economic transition and job creation, which can be pursued through tripartite social dialogue between governments, employers’ organisations and workers’ organizations.

Numb3r4
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Re: Businesses that closed down in Trinidad & Tobago due to Covid-19 lockdown

Postby Numb3r4 » August 27th, 2020, 11:51 pm

Oh Boy.

What hasn't collapsed yet though?

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Re: Businesses that closed down in Trinidad & Tobago due to Covid-19 lockdown

Postby sharadu2 » August 28th, 2020, 5:55 am

Following

pugboy
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Re: Businesses that closed down in Trinidad & Tobago due to Covid-19 lockdown

Postby pugboy » August 28th, 2020, 6:40 am

Tourism is a tough one, if the foreign tourists aren’t traveling there is not much you can do.

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Re: Businesses that closed down in Trinidad & Tobago due to Covid-19 lockdown

Postby agent007 » August 28th, 2020, 9:40 am

The govt pumped $50M for Tobago hotels just a few weeks ago. Prior to that, the THA through the govt got $40M to be pumped into two other hotels. That is $90M dollars pumped into Tobago tourism and it doesn't take rocket science to realize that there would hardly be any ROI to taxpayers who dished out that cash any time soon. There would be another bail-out package coming I am sure.

Keeping in mind, Magdalena Grand lost $276M within the space 2008-2018 and the govt still pumped millions more into that establishment for upgrading etc.

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Re: Businesses that closed down in Trinidad & Tobago due to Covid-19 lockdown

Postby Redress10 » August 28th, 2020, 11:43 am

agent007 wrote:The govt pumped $50M for Tobago hotels just a few weeks ago. Prior to that, the THA through the govt got $40M to be pumped into two other hotels. That is $90M dollars pumped into Tobago tourism and it doesn't take rocket science to realize that there would hardly be any ROI to taxpayers who dished out that cash any time soon. There would be another bail-out package coming I am sure.

Keeping in mind, Magdalena Grand lost $276M within the space 2008-2018 and the govt still pumped millions more into that establishment for upgrading etc.


Crazy
Last edited by Redress10 on August 28th, 2020, 3:03 pm, edited 1 time in total.

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Re: Businesses that closed down in Trinidad & Tobago due to Covid-19 lockdown

Postby j.o.e » August 28th, 2020, 11:45 am

Saw Iworld in C3 closed. Not sure if related but Covid19 probably didn’t help

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Re: Businesses that closed down in Trinidad & Tobago due to Covid-19 lockdown

Postby bluefete » August 28th, 2020, 12:34 pm

j.o.e wrote:Saw Iworld in C3 closed. Not sure if related but Covid19 probably didn’t help


Any closures you see will be impacted by Covid19.

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