Sunday 9 December, 2018

T&T Express goes up by a dollar

The cost of the Trinidad and Tobago Express newspaper has increased by one dollar.

The Express issued a notice to readers on Wednesday, a day after the Newsday announced its price increase. Both are expected to take effect on Thursday.

The Express weekly paper will now cost $4 while its Sunday Express will cost $5.

The press house cited publication costs and challenges in acquiring foreign exchange as the reason for the price hike.

“The increase is however inevitable given that as a business, we, too have had to grapple with increased costs for raw materials and other inputs necessary in producing a high quality newspaper such as the Express. We are facing difficulties in the T&T foreign exchange market for acquiring raw material supplies, and having regard to this and other higher costs of production, a cover price increase by $1 has become necessary.”

The Express says the decision was not taken lightly as it is aware of the economic challenges plaguing the general public.

“The decision to raise the price of all Express publications effective tomorrow was not an easy one as we are sensitive to the economic hardships faced by many of our loyal readers who have supported us through their own challenging time.”

The newspaper promised that its investigative and seasoned journalists will continue to report fearlessly.

 

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