Thursday, August 28, 2014

Top Business Story

Amcham wants Govt to address issues at BIR

The American Chamber of Commerce (AmCham T&T) is worried about what it calls “significant impediments” to doing business with the Board of Inland Revenue. Read more »

  • ‘Drop VAT, duties from security equipment’

    As Finance Minister Larry Howai prepares to deliver the national budget in Parliament on September 8, a former head of the Supermarkets Association, Balliram Maharaj, is calling for critical areas to be addressed in the 2014/2015 fiscal package. Read More »

  • Gourmet cupcake plan cops $50,000 first prize

    A business plan for a gourmet line of premium chocolate cupcakes and desserts, synthesising an optimal blend of locally grown cocoa and internationally sourced ingredients has captured the $50,000 first prize in the Entrepreneurship Boot Camp competition jointly held by The University of the West Indies (UWI), St Augustine, the National Entrepreneurship Development Company Limited (Nedco) and the Entrepreneurial Training Institute & Incubation Centre. Read More »

  • Massy rebrands

    Today we at Bourse take a closer look at the two largest conglomerates listed on the Trinidad Stock Exchange (TTSE)—Massy Holdings Limited (MASSY) generating over $9 billion in Revenue yearly and ANSA McAl Limited (AMCL) with over $6 billion. Read More »

  • Remove VAT from gasoline

    The Energy Chamber of Trinidad and Tobago has proposed several measures for the upcoming 2014/2015 budget which it said yesterday are linked to attracting investment, incentivising exploration and production, facilitating local energy service company growth and helping Government reduce expenditure. Read More »

  • TTMA wants Beverage Bill

    The Trinidad and Tobago Manufacturers’ Association (TTMA) has refuted a statement by Minister in the Environment Ministry Ramona Ramdial that the business group was a cause for the delay in the Beverage Container Bill’s progression through its stages toward implementation. Read More »

  • B’dos minister defends Massy

    A senior Barbados government minister yesterday offered some choice words to people complaining about the Trinidad-based Massy Group perceived takeover, its ownership, its nationality and its politics. Read More »

  • ‘Finish Lara Stadium’

    JOSEPH RAHAEL, developer of SouthPark near Tarouba Link Road in San Fernando, is calling for the completion of the Brian Lara Cricket Academy and the San Fernando waterfront project. Read More »

  • Central Bank sells US$50m more

    The Central Bank sold US$50 million to the banking system yesterday as part of what it said was a programme of scheduled foreign exchange interventions. Read More »

  • Bello is Virgin’s new commercial manager

    International carrier Virgin Atlantic has appointed Andre Bello as its new commercial manager, Caribbean. Read More »

  • GHL and SFC earnings beat

    Today we at Bourse review the six month (6M) performance of the two insurance companies listed on the local stock exchange: Guardian Holdings Limited (GHL) representing $3.3B or 3 per cent of the Trinidad and Tobago Composite Index (TTCI) and Sagicor Financial Corporation (SFC) representing $1.9B or 1.8 per cent. Read More »

  • Sando gets cineplex

    THE city of San Fernando gets a brand new entertainment centre—the SouthPark Caribbean Cinemas 10, on Tuesday. Read More »

  • Ramnarine: Juniper project important to T&T future

    Energy Minister Kevin Ramnarine says he is pleased with the announcement earlier this week by energy giant bpTT of its approval of the Juniper project. Read More »

  • T&T continues economic growth

    The upcoming national budget 2014/2015 in September will be one that will ensure the country continues on a path of growth, says Finance Minister Larry Howai. Speaking at the post-Cabinet news conference at the Office of the Prime Minister, St Clair yesterday, Howai — when asked if the budget will be one with a general election in mind next year — said: “The thing is for the budget as a whole we will certainly try to maintain the position of continuing the growth momentum of the economy, we certainly want to ensure that whatever we do can be sustainable over a period of time.” Read More »

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