Wednesday, June 29, 2016

Business

Opinion

Jun. 29, 2016, 12:40 AM AST Comments

REPORTS last week that State-owned oil giant Petrotrin, through receivers PricewaterhouseCoopers, has agreed to sell the ill-fated, almost abandoned gas-to-liquids (GTL) plant to NiQuan Energy for $220 million, should trigger alarm bells rather than invite celebratory toasts.

$4B IN PROJECTS ON OFFER*

Jun. 29, 2016, 12:38 AM AST Comments

THE National Gas Company of Trinidad and Tobago Ltd (NGC) summoned its vendors, told them there are about $4 billion worth of business on offer, but warned them it wants “no bobol,” NGC chairman Gerry Brooks said in a June 6 interview at Phoenix Park Gas Processors Ltd (PPGPL) headquarte


Brexit impacts to last for decades*

Jun. 29, 2016, 12:34 AM AST Comments

THE political, economic and social impact of Britain’s exit from one of the world’s strongest unions will last for decades. And already, signs are being seen with Britain’s Prime Minister David Cameron resigning from the post.


The 'electric car' comes to T&T*

Jun. 29, 2016, 12:31 AM AST Comments

UNFORTUNATELY, I could not attend the launching by entrepreneur Ian Smart of what he described as “Trinidad and Tobago’s first pure electric vehicle” at MovieTowne on Saturday, June 18 but there is no question that the event marked a bold step in the direction of the “green e


Yes Minister*

Jun. 29, 2016, 12:30 AM AST Comments

WHEN Prime Minister George Chambers complained in the 1980s that he had no power as Prime Minister to fire any civil servant, not even a messenger, he was simultaneously wrong and right.



Water Woes: Water Wars*

Jun. 29, 2016, 12:28 AM AST Comments

IN the entire Caribbean, including Trinidad and Tobago, the approach to water management is focused more on revenue collection than on winning and distributing the resource efficiently.


After Hours*

Jun. 29, 2016, 12:24 AM AST Comments

Ford International unveiled three brand new Ford 2016 models at the McEnearney Motors showroom Charles Street, Port of Spain, last Thursday.



'Little guy' contractors still angry at Trump Taj bankruptcy

Jun. 28, 2016, 1:41 PM AST Comments

ATLANTIC CITY, N.J. (AP) — Weak from heart surgery and a sepsis infection that would soon kill her, Patricia Paone was resting at home last summer when an apparition appeared on the TV — a famous businessman who had struck a deal with her husband years before.


No higher demand for British pounds *

Jun. 27, 2016, 7:40 PM AST Comments

The local bank sector says it is not expecting any unusual rise in demand for British pounds after the pound plummeted to a 31-year low on Friday, making it much cheaper for locals to buy the currency.