Thursday, March 5, 2015

Top Business Story

First Citizens seeks to settle wage negotiations

First Citizens executive chairman Anthony Smart has assured workers that the bank’s management and board are seeking to resolve ongoing wage negotiations. Read more »

  • Govt records $328m budget surplus

    In the last three months of 2014, Government recorded a budget surplus of more than $328 million. This was a marked improvement from the $1 billion deficit Government was expected to realise after oil prices plummeted on international markets. Read More »

  • Scotia appoints new chairman

    Bank of Nova Scotia executive Brendan King has been appointed Scotiabank Trinidad and Tobago’s new chairman. Read More »

  • First Citizens gets new CEO

    First Citizens has appointed former Citibanker Karen Darbasie to fill the post of chief executive officer of majority state-owned bank. Read More »

  • Massy, WCO and FCI drive ahead

    Today we at Bourse take a look at the most recent quarterly performance of Massy, WCO and FCI. Year-to-date, all of these companies’ share price has been on the move albeit in contrasting directions; Massy has retreated 6.8 per cent while WCO and FCI has advanced 3.0 per cent and 0.60 per cent. As such, this article would also seek to provide investors with an outlook for the rest of the 2015 calendar year with respect to the projected financial performance of these companies. Read More »

  • Republic Bank donates $5.3m to help sick children in Caribbean

    Republic Bank has donated CDN$1 million (TT$5.3 million) to the Canadian Hospital for Sick Children to assist in the provision of treatment to children across the Caribbean. Read More »

  • More issues can be addressed

    ALTHOUGH Trinidad and Tobago and Venezuela are working together to develop the energy sector in both countries, more issues could be addressed that would be mutually beneficial. This is according to Dr Thackwray Driver, chief executive of the Energy Chamber who said the Chamber welcomed the news that a field specific unitisation agreement for the Manakin-Cocuina cross border field was signed. Read More »

  • Witco records $655.1m profit

    Cigarette maker West Indian Tobacco Company’s profits are rising. Read More »

  • TCL records $97m loss for 2014

    Trinidad Cement Limited (TCL) has recorded major losses for financial year 2014. Read More »

  • RBL, First deliver modest growth

    Today we at Bourse recap the year-to-date performance of the banking sector and take a look at the most recent quarterly performance (Q1) Republic Bank Limited (RBL) and First Citizens Bank Limited (FIRST). We also provide investors with a brief outlook on factors which could affect the 2015 performance of the Banking Sector. Read More »

  • Howai meets with protective services

    Finance Minister Larry Howai yesterday met with representatives of the protective services to discuss the status of their salary negotiations. Read More »

  • Kamla: No plans to reintroduce property tax

    No Land and Building taxes. No property taxes. Read More »

  • No proposal to revise 2015 budget, says PM

    There is no proposal to reduce or revise the appropriations made by Parliament for the 2015 budget, Prime Minister Kamla Persad-Bissessar said yesterday. Read More »

  • Sacha Thompson now Digicel CEO for T&T

    Digicel Trinidad and Tobago chief executive John Delves has been promoted to the role of Digicel regional CEO for Trinidad and Tobago, the French West Indies, Suriname and Barbados, the mobile telecoms provider announced yesterday. Read More »

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