Tuesday, October 21, 2014

Top Business Story

TCL revenue rises by $97.2m

Trinidad Cement Ltd has recorded growth in revenue of $97.2 million for the first nine months of 2014 ending September 30. Read more »

  • Grander Ruby Tuesday to replace gutted outlet

    Ruby Tuesday’s local franchise holder Derek Chin says the restaurant’s Grand Bazaar outlet, which was gutted by fire last Friday, will emerge grander than before as soon as possible. Read More »

  • Achieving long-term investment performance

    In recent weeks, we at Bourse would have proposed the construction of three broad investment portfolios, the conservative, moderate and aggressive portfolio (see Exhibit 1). We assessed the year-to-date and recent performance of these portfolios, proposing that investors would benefit from well-structured investing as opposed to passive saving. Read More »

  • US$50m pumped into banking system

    The Central Bank on Thursday sold US$50 million to the banking system. This sale is the second in what the bank calls a “series of Central Bank’s foreign exchange interventions strategically timed and directed to ensure a reliable supply of foreign exchange to meet demands of the business community as commercial activity for the approaching Christmas season pick up”. Read More »

  • Nipdec head gets Oct 20 deadline

    The National Insurance Property Development Co Ltd (Nipdec)— which is handling billions in procurement for Government—must appear before the Parliament’s Joint Select Committee (JSC). Read More »

  • Site visit needed

    REPRESENTATIVES for Southpark Cinemas 10 have been denied a licence for the businessplace for a third time. Yesterday Deputy Chief Magistrate Mark Wellington, who chairs the licensing committee, said a site visit will have to be made at the facility within the next two weeks before a decision is made. Read More »

  • Sookhai: Immigrants taking away local jobs

    President of the Chaguanas Chamber of Commerce Richie Sookhai says illegal immigrants are taking away jobs from locals. Read More »

  • Mixed views on illegal migrants

    Illegal immigrants can have positive and negative impacts on the country’s economy, heads of local business groups have said. On Tuesday, the National Security Ministry released data which showed there are 110,012 illegal immigrants currently residing in Trinidad and Tobago with the majority coming from Guyana, Venezuela and Jamaica. Read More »

  • TSTT customers to get rebate within 24 hours

    Telecoms provider TSTT has started rebating the accounts of customers affected by Tuesday’s software issue. In a statement yesterday the company said it offered free data to all prepaid customers from 1 p.m. to midnight yesterday. Read More »

  • Customers complain of lost credit

    Bmobile customers yesterday vented their frustration as they complained of credit disappearing from their prepaid accounts. Read More »

  • CAL holds talks in Tobago on boosting airbridge

    Senior officials of Caribbean Airlines held an urgent meeting with tourism stakeholders in Tobago yesterday to discuss the airbridge situation and the way forward to better serve the people of Tobago. Read More »

  • Cigarette prices go up again

    The West Indian Tobacco Company (Witco) has increased the cost of its cigarettes for yet another year. Effective yesterday smokers had to pay as much as $4 more for certain brands. Read More »

  • Adopting an investment style

    Today we at Bourse build on our previous article, which would have covered the performance of one of three broad portfolios, the moderate investor portfolio. We take a look at the performance of the aggressive and conservative portfolios year-to-date and how they would have fared relative to more passive approaches to accumulating wealth. Read More »

  • Third mobile operator coming to T&T

    A third mobile operator will be in Trinidad and Tobago very soon, Science and Technology Minister Dr Rupert Griffith told delegates attending yesterday’s Americas Competitiveness Forum at the Hyatt Regency (Trinidad) in Port of Spain. Read More »

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