Monday, February 19, 2018

Business

MASSY, TCL earnings decline*

Feb. 18, 2018, 7:31 PM AST Comments

This week, we at Bourse review the most recent financial results of Trinidad Cement Ltd (TCL) and MASSY Holdings Ltd (MASSY). Despite higher revenues, MASSY posted a decline in corporate earnings. TCL recorded declines in both revenues and earnings. We look at their performance and provide a brief o

Port saved money on CAL flights*

Feb. 16, 2018, 10:32 PM AST Comments

To date, it has cost the Port Authority $500,000 to accommodate ferry passengers on Caribbean Airlines. So disclosed Works Minister Rohan Sinanan in response to an urgent question in the House of Representatives yesterday. But in responding to the reactions of the Opposition members over the cost,


Ferry passengers continue to fly*

Feb. 15, 2018, 7:19 PM AST Comments

Caribbean Airlines expects to add more flights to the domestic air-bridge as it continues to accommodate passengers displaced by the withdrawal of the T&T Express from the seabridge.


Foreigner to replace BPTT head*

Feb. 15, 2018, 7:18 PM AST Comments

A foreign national will replace BPTT’s regional president Norman Christie, who will be leaving Trinidad next month to take up a new position within the BP Group.



High-end restaurants score for Valentine’s*

Feb. 14, 2018, 10:23 PM AST Comments

Restaurants were fully booked and flower shops were bustling with activity as many celebrated Valentine’s Day yesterday. The director of operations at Texas de Brazil, Lloyd, told the Express that both that restaurant and Rizzoni’s Ristorante Italiano in MovieTowne, Port of Spain, and C3


Does bylaw 8 legalise NCB’s offer?*

Feb. 14, 2018, 12:41 AM AST Comments

The Carnival period may have distracted some of the thousands of minority shareholders of Guardian Holdings (GHL) from the ongoing drama of the twice-delayed offer by Jamaica’s NCB group to take control of GHL, T&T’s largest insurance company. Given the revelry, there are several aspects

CDB needs $$ billions to upgrade region’s infrastructure*

Feb. 14, 2018, 12:36 AM AST Comments

The Caribbean needs at least US$30 billion to close its infrastructural development gap over the next decade, in order to compete on a global scale, reduce poverty and drive sustainable growth, the Caribbean Development bank disclosed last week.


Electric cars on sale next month*

Feb. 14, 2018, 12:26 AM AST Comments

By the end of next month, the world trend toward electric cars will reach T&T. The news came out of one of several interviews, over the last two weeks, on whether government is positioning the country to end up on the wrong side of history with its compressed natural gas CNG) vehicle thrust.


DAYS OF RHYME AND ROSES*

Feb. 14, 2018, 12:22 AM AST Comments

Carnival ended yesterday. In the old days, the first thing I would have done, even before I entered the school gates, was to bet “Lent” with one of my friends. In effect, this meant that if I was caught singing calypso, not even an entire one, just a line, verse or chorus, before Easter


Building T&T’s CNG infrastructure*

Feb. 14, 2018, 12:15 AM AST Comments

Is compressed natural gas (CNG), as an alternative transportation fuel in place of gasolene, finally catching on in Trinidad and Tobago, as I predicted in this column two years ago? It could be but it will be slow going. The Southern Sales and Services company, for one, seems to think there is a dem


Port chair unsure of ferry resumption*

Feb. 9, 2018, 10:34 PM AST Comments

Chair of the Port Authority of Trinidad and Tobago (PATT) Alison Lewis says she is unable to say exactly when the T&T Express will be back up and running again. However, she is hoping that by the time the rough seas bulletin for T&T is lifted “we will have the ferry back in the water”.