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As we publish this final edition of the Trinidad and Tobago Newsday, it is with a deep sense of respect for the employees, the readers, the advertisers, and the nation that I share this message. Whilst the process is not new to me as a liquidator, with every liquidation there are unique challenges and responsibilities which I take very seriously. The domino effect in our small country is always of concern as many businesses rely on each other in our small society.

The decision to place Newsday into liquidation was not taken lightly. Like many legacy media institutions around the world, Newsday faced the combined challenges of rising operational costs, a rapidly shifting digital landscape, and the structural decline of traditional advertising markets. My role as liquidator is to ensure an orderly and transparent wind-down of the business while acting in the best interests of all stakeholders.

The largest creditor in this process is however, the employees of the Newsday. Their severance obligations represent both a financial liability and a reflection of decades of service, sacrifice, and commitment. Their work told the nation’s stories, safeguarded its democracy, and built a newspaper that became part of everyday life in TT. Ensuring that they are treated with fairness and dignity remains the foremost priority of this liquidation. It is therefore important for all parties owing sums to the Newsday to recognise that collections will be key to enable these employees to get the financial reward that are as much 30-plus years (in some instances) to the organisation.