Wednesday, December 13, 2017

Business

Is Mr Lee-Chin's offer disrespectful?*

Dec. 13, 2017, 1:1 AM AST Comments

On Friday at $8.04am, Jamaica's largest financial institution, the NCB Financial Group (NCB), announced that it was making a takeover bid to all shareholders of Guardian Holdings Ltd to acquire up to 74,230,750 GHL shares at US$2.35 a share.

New Venezuelan oil minister: Gas for T&T by 2022*

Dec. 13, 2017, 12:42 AM AST Comments

Venezuela expects to export half of a billion cubic feet of natural gas to “mainly Trinidad and Tobago” in under five years, new Venezuelan Petroleum Minister and Petroleos de Venezuela (PDVSA) President Manuel Quevedo said Sunday in Caracas, Venezuela. Quevedo’s predecessor, forme


Consider regulating bank fees*

Dec. 13, 2017, 12:34 AM AST Comments

THE Joint Select Committee (JSC) of Parliament is suggesting that T&T follow Jamaica and ensure that the fees that banks impose on their customers receive regulatory oversight. In its report released last week,the JSC on Finance and Legal Affairs’ Inquiry into Commercial Banking Fees in Trinid


Moody’s: Climate change threatens T&T’s credit profile*

Dec. 13, 2017, 12:24 AM AST Comments

OF the over-135 countries rated by Moody’s Investors Service, Trinidad and Tobago (T&T) is among 18 that the New York-based credit rating agency has identified as most vulnerable to climate change. On the upside though, of the 18, T&T is among the least vulnerable. In a statement promoting its

Protecting your property and family*

Dec. 12, 2017, 11:36 PM AST Comments

AS the uptick in crime continues to worry citizens, security firm G4S Secure Solutions Trinidad Ltd has launched a security system which it says will empower persons with the ability to fight against criminals by “seeing them before they see you”. The system, known as Smart Security, all


Five to receive ANSA McAL awards*

Dec. 12, 2017, 11:9 PM AST Comments

A JAMAICAN writer of prophecies and poetry, a Guyanese businessman, a couple from Trinidad and Tobago supporting child cancer patients, and a University of the West Indies (UWI) senior lecturer have been named the Anthony N Sabga Caribbean Awards for Excellence (ANSACAFE) 2018 laureates.


Rice farmers threaten to sue NFM *

Dec. 11, 2017, 6:50 PM AST Comments

Renuka Singh—Sixteen rice farmers, owed a total of $1.9 million by majority state-owned National Flour Mills (NFM), are turning to the courts to get their money.


NCBFG in pursuit of GHL*

Dec. 10, 2017, 10:40 PM AST Comments

This week, we at Bourse take a closer look at the offer and takeover bid by National Commercial Bank Financial Group Ltd (NCBFG) to acquire a majority stake in Guardian Holdings Limited (GHL). We provide an update on details of the offer.


Chamber unhappy at Anti-Gang defeat*

Dec. 8, 2017, 10:31 PM AST Comments

The largest private sector body in the country is not happy with this week’s developments in Parliament. “The Trinidad and Tobago Chamber of Industry and Commerce is deeply disappointed that the Anti-Gang Bill 2017 has been defeated in Parliament,” it said in a media release yester



No mass lay-offs in 2018 *

Dec. 7, 2017, 7:2 PM AST Comments

Leah Sorias—Prime Minister Dr Keith Rowley says the Government does not expect to make mass retrenchments in the public sector in 2018.


Is Mr Imbert the worst Finance Minister ever?*

Dec. 6, 2017, 12:15 AM AST Comments

While there are many readers who would answer ‘undoubtedly yes’ to the question in the headline of this column, a significant flaw in the public affairs discourse of this country is the inability of critics to acknowledge anything positive by the current administration. The wall of negat