Business

Saturday, November 29, 2014

Top Business Story

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  • Scotiabank records $560m net income

    Scotiabank Trinidad and Tobago Ltd yesterday reported net income of $560 million for the year ended October 31, an increase of $3 million or 0.5 per cent over the comparative period in 2013. Read More »

  • Con artist targets Flow customers

    As the Christmas spending season draws nearer, a cyber con artist is targeting Flow’s cable TV customers. In an e-mailed message to its cable TV viewers Tuesday, Columbus Communications—operators of Flow—said customers were receiving fake e-mails/correspondence requesting their personal information, such as email addresses and passwords. Read More »

  • Bharath: Inflation at lowest level in ten years

    Minister of Trade Vasant Bharath said yesterday that Trinidad and Tobago’s non-petroleum sector has had an increase in gross domestic product (GDP) since 2010 and inflation has reached its lowest level in ten years. Read More »

  • CAL chairman defends new CEO

    Caribbean Airlines chairman Philip Marshall says the “investment” in chief executive officer Michael DiLollo is for the purpose of equipping the airline with the most suitable leadership to meet and overcome its financial challenges. Read More »

  • Sfc: More questions than answers

    Today, we at Bourse review the recently released results of Sagicor Financial Corporation (SFC) for the nine months ended September 30, 2014. Read More »

  • Digicel to TATT: Withstand ‘severe pressure’

    Mobile service provider Digicel is calling on the Telecommunications Authority of Trinidad and Tobago (TATT) to hold firm and withstand what the company describes as the “severe pressure” being applied by UK-based Cable and Wireless Communications (CWC) and Columbus International Inc (Columbus) to approve the proposed acquisition of Columbus by CWC.  Read More »

  • Dutch Caribbean airline takes to T&T’s skies again

    Dutch Caribbean airline InselAir will be operating a service from Piarco International Airport to Curacao from December 15. Read More »

  • Consortium invests in Phoenix Park Gas

    An investment consortium, comprising the National Insurance Board (NIBTT), National Enterprises Ltd (NEL), and the Unit Trust Corporation (UTC), has acquired a ten per cent stake in Phoenix Park Gas Processors Ltd for US$168 million. Read More »

  • Petrotrin trims budget

    PETROTRIN president Khalid Hassanali said yesterday with the sharp drop in crude oil prices, the State oil company’s budget for next year will now be based on an oil price of US$75 per barrel. Read More »

  • ‘...Why the branch president was fired’

    Trinmar’s branch president Ernesto Kezar, who was fired, did not lose his job because he stayed away for four hours, but because of a series “of escalated disciplinary actions”, Petrotrin president Khalid Hassanali said yesterday. Read More »

  • Digicel: CWC overpaid by US$1b for Columbus

    Mobile services provider Digicel and pay to view company DIRECTV yesterday both called on regional telecommunications authorities to ensure Cable & Wireless’ purchase of Columbus Communications was transparent and benefited customers. Read More »

  • Plan aims for a crime-free season

    THE Safe City Policing Initiative was launch yesterday in San Fernando where the plan is to increase the police ground patrol, reduce criminal activity and educate the public on safety tips during the holiday season. The launch was held at Harris Promenade, San Fernando, after which the police toured High Street, handing out brochures and talking with people on the streets. Read More »

  • GKC, WCO and GHL deliver

    Today, we at Bourse review the recently released results of Grace Kennedy Limited, Guardian Holdings Limited and WITCO for the period ending 30th September 2014. Read More »

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