Monday, December 5, 2016

Business

CEMEX makes takeover bid for TCL

Dec. 5, 2016, 8:24 AM AST Comments

The Multimedia Desk - Mexican multinational building materials company today announced that one of its indirect subsidiaries, Sierra Trading, will present an offer and take-over bid to all shareholders of Trinidad Cement Limited.


Why a retirement fund is right for you*

Dec. 4, 2016, 8:45 PM AST Comments

This week, we at Bourse discuss an often overlooked area, investing for retirement. We provide some insight on the importance of planning for retirement by taking a closer look at group retirement funds. We also examine the benefits available to both employers and employees by investing in such fund


TSTT promises better quality as it rebrands*

Dec. 2, 2016, 8:56 PM AST Comments

STATE-controlled telecoms provider Telecommunications Services of Trinidad and Tobago (TSTT) is promising customers an improved quality of service as it rebrands its products and services and rolls out a $3.7 billion strategic plan to upgrade technology and infrastructure.



Government re-negotiating multi-billion dollar gas project

Dec. 2, 2016, 8:50 PM AST Comments

The Trinidad and Tobago government Friday said it is re-negotiating the TT$6.3 billion Caribbean Gas Chemical Ltd (CGCL) plant in La Brea, south of here, after accusing the former administration of agreeing to a number of items that raised cause for concern and potentially exposed Trinidad and Tobag



TSTT to roll out $3.7b strategic plan *

Dec. 1, 2016, 6:41 PM AST Comments

By Aleem Khan—REPUBLIC Bank Ltd (RBL) and majority State-owned telecoms provider TSTT will today share details of a $2 billion financing package to partially fund TSTT’s $3.7 billion strategic plan to invest in new technology and infrastructure




WASA woes

Nov. 30, 2016, 4:59 PM AST Comments

EMERGENCY repairs at the Desalination Plant in Point Lisas is the reason why citizens in central and south west Trinidad may be experiencing a reduced water supply or low water pressure.