Friday, March 27, 2015

Top Business Story

C&W gets green light to sell TSTT shares

The Telecommunications Authority of Trinidad and Tobago (TATT) has given Cable and Wireless Communications (CWC) the greenlight to go ahead and sell its 49 per cent stake in majority State-owned TSTT. Read more »

  • CWU: TATT has failed Trinidad and Tobago

    Contacted last night, the Communication Workers’ Union (CWU) general secretary John Julien said it was the first time he was hearing of TATT’s latest decision. Read More »

  • CSO: Increase in labour force for third quarter

    BETWEEN July and September last year, more people found work, according to the Central Statistical Office (CSO) which yesterday released its Labour Force Bulletin for the third quarter of 2014 Read More »

  • Don’t hold Govt to ransom

    Prime Minister Kamla Persad-Bissessar yesterday scolded some trade unions for holding the country to ransom when they do not get what they want. Referring to Monday’s “Day of Total Policing” by members of the T&T Police Service which caused nationwide traffic problems, Persad-Bissessar said she will raise the matter with the acting Commissioner of Police at today’s National Security Council meeting. Read More »

  • PM: T&T must be jewels of the Americas

    PRIME Minister Kamla Persad-Bissessar has announced that Cabinet will this week consider and finalise one of the largest proposed investments in South Trinidad—the San Fernando Waterfront Development Project. Read More »

  • Chamber: Millions lost

    Early morning police roadblocks cost the country millions of dollars yesterday. Read More »

  • GHL, TCL gain ground

    Today we at Bourse review the YE 2014 financial performance of Guardian Holdings Limited (GHL) and Trinidad Cement Limited (TCL), which collectively, comprise 3.7 per cent of the Trinidad and Tobago Composite Index (TTCI). Year-to date, both GHL (↑13.5 per cent) and TCL (↑4.4 per cent) have outperformed the broader TTCI. We take a closer look at each company and share some thoughts on the outlook for both firms. Read More »

  • $5.1b so far for Point highway

    THE Government has paid out $5.1 billion on the construction of the Point Fortin Highway extension to date. Read More »

  • Call for clear decision from TATT

    Mobile provider Digicel has called upon the Telecommunications Authority of Trinidad and Tobago (TATT) to insist upon the production of an actual binding share sale/purchase agreement showing the divestiture by Cable and Wireless Communications (CWC) of its 49 per cent shareholding in TSTT before any approval is granted for the proposed merger between CWC and Columbus in Trinidad and Tobago. Read More »

  • 89 million Scotia shares transferred

    The Bank of Nova Scotia (BNS) in Canada will transfer its almost 90 million shares in Scotiabank Trinidad and Tobago (SBTT) to a holding subsidiary in Barbados as part of a regional reorganisation exercise. Read More »

  • Region’s first Honda CNG launched

    Classic Motors has launched the Carib­bean’s first ever Honda City Compressed Natural Gas (CNG) version, which Ansa Automotive managing director Jerome Borde has said is $35,000 cheaper than the comparable petrol variante. The dual-fuel City CNG includes a 65-litre CNG tank capacity and a 40-litre petrol capacity. It goes for $150,000 and is said to have one of the cleanest internal combustion engines. Read More »

  • NP to establish fuel storage hub

    National Petroleum (NP) is moving to establish a fuel storage facility at the Port of Galeota. Read More »

  • Carnival Cruise Line adds Tobago to list

    Carnival Cruise Lines, the world’s largest cruise ship company, has announced that starting next year Tobago will be featured in its itinerary for the first time. Read More »

  • US$ investments for everyday investor

    Today we at Bourse consider opportunities available to small investors as they seek to create and build wealth. In particular, we focus on international alternatives and how investors may conveniently access these within the local investment environment. A world of opportunities in US$ Read More »

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