Business Express

Monday, September 1, 2014

Top Story

New chairman under ‘pressure’

Trinidad Cement Ltd’s new chairman Wilfred Espinet is feeling the pressure to pull the Claxton Bay company out of the trenches. But he and his new board say they are determined to do everything they can to turn the company around. Read more »

  • TCL Where they must all make sacrifices

    The organisational convulsions within Trinidad Cement Ltd (TCL) are issues that shareholders of the privately-owned, publicly-traded company deal with in accordance with the laws that govern such companies. Read More »

  • ‘Coconut industry facing new threat’

    THE importation of bottled coconut water from Guyana and other countries is posing a threat to the revitalisation of the coconut industry in Trinidad and Tobago. Read More »

  • Retreiving all that oil in the Gulf

    While our Minister of Energy and Energy Affairs, Kevin C Ramnarine, is busily encouraging companies to explore for new oil and gas in Trinidad and Tobago, there are around 10.5 billion barrels of old oil still underground or undersea (in the Gulf of Paria) awaiting retrieval. Read More »

  • Just not cricket

    The prestigious Wyndham Hotel in Kingston, Jamaica, was the Government’s choice for the brief stay of Nelson Mandela on his first visit to the Caribbean. Read More »

  • Chinese to create 1,000 jobs

    Chinese investors are to plunge more than US$1 billion into developing Antigua and Barbuda’s first mega-resort, creating 1,000 jobs for the tiny cash-strapped nation. Read More »

  • Caribbean Economies and Caribbean Economy

    In 1995 during a short interview with 2050 Project Staff in Barbados, Professor Dennis Pantin shared his vision of the Caribbean by identifying the importance of the environment in influencing the livelihoods of Caribbean people, the need for integration of economics and eco-culture, the move away from cultural imperialism to one of cultural plurality and the need for political stability through governance by transparency, accountability and participation in decision-making. Read More »

  • Modern public procurement law for t&t

    The contract, a tool well known in commerce, is essentially an agreement between specified parties for the transfer of goods and services for consideration and, as such, attracts principles of private law. Read More »

  • Guiding principles of Japan’s Latin American and Caribbean policy

    My visit to Latin America and the Caribbean concludes here in Sao Paolo. At the outset and taking advantage of this opportunity, I wish to make a resolution. Japanese Prime Ministers and other Ministers will visit Brazil and other countries of Latin America and the Caribbean with increased frequency. Read More »

  • Sagicor gets ratings boost

    United States-based insurance ratings agency AM Best has affirmed the financial strength rating (FSR) of A- (Excellent) and the issuer credit ratings (ICR) of “a-” of Sagicor Life Inc and Sagicor Capital Life Insurance Company Ltd (both domiciled in St Michael, Barbados). Read More »

  • What are Savings?

    We are sure everyone intuitively recognizes the need to keep a portion of their income for various purposes, but we would understand if you struggle to decide how much to save and what it should be used for. Read More »

  • Caribbean Cinemas comes to South

    The SouthPark development near Tarouba Link Road in San Fernando opened a new cineplex as part of South Trinidad’s newest entertainment and corporate complex last Tuesday. Read More »

  • Chile energy, tourism on the agenda

    Most people living in Trinidad and Tobago would probably have a hard time finding Chile on a map. Many though, may be familiar with its Merlot and Syrah wines, or its World Cup football squad, but very little else about the country that borders Peru, Bolivia and Argentina. Read More »

  • Here’s hoping Howai stays the course

    It is futile to ask Finance Minister Larry Howai to structure the 2014-2015 Budget in a manner consistent with stimulating sustainable development, reducing if not eliminating the gap between revenue and expenditure, and cutting back on subsidies such as those on fuels that cost billions of dollars annually. Read More »


    On August 12, The University of the West Indies (UWI), St Augustine, in collaboration with the Delegation of the European Union to Trinidad and Tobago hosted a special ceremony at the Principal’s Office, The UWI St Augustine Campus, to announce the beneficiaries of the Erasmus Mundus and Intra-ACP Scholarships for the academic year 2014-2015. Read More »

  • Will Caribbean LNG be able to match those prices?

    The Dominican Republic as the hub for trading liquefied natural gas (LNG) in the Caribbean? No way, as far as anybody in Trinidad and Tobago is concerned. Read More »


    When I first heard the word “Tribology” it was in Trinidad and the context led me to believe that it was a new Carnival, or more specifically, Jour Ouveret band. Read More »

  • Looking to China

    InvesTT Trinidad and Tobago (InvesTT), the national investment promotion agency charged with the responsibility to attract foreign investment to the country, recently hosted a joint Government and business delegation from China’s Hunan Province. Read More »

  • Transforming Mexico’s petroleum industry

    Mexico has introduced new energy legislation which Ambassador Mario Arriola Woog says is crucial for the country because of the challenges facing the country. Read More »

  • Modern public procurement law for t&t

    The Context of Public Procurement A Sunday newspaper columnist identified public concern about the use of State funds involved in settling litigation claims as a procurement issue. Read More »

  • JMMB raises US$20m bond

    Jamaica Money Market Brokers Limited (JMMB), in its bid to offer solutions that meet the targeted investment objectives of its client base in Jamaica, recently offered US dollar-denominated unsecured extendible notes as a private placement, under the laws of Jamaica. Read More »

  • Revamping Customs key to trade growth

    International trade and access to global markets are key factors contributing to economic growth and business opportunity throughout the world. They are especially beneficial in developing regions like Latin America and the Caribbean. Read More »

  • Microsoft Office turns 25

    Microsoft Office, regarded as the most popular productivity tool in the history of computing, celebrates 25 years of service to users around the world, after the arrival of its first commercial release in stores August 1989. Read More »

  • Why SME finance leaders must know day-to-day business

    Finance leaders need to be closer to the day-to-day workings of the business to avoid it becoming static, warns the SME Global Forum of the Association of Chartered Certified Accountants (ACCA). Read More »

  • OECD: Caribbean countries ‘partially compliant’ on taxes

    The Paris-based Organisation for Economic Cooperation and Development (OECD) has rated St Lucia, Antigua and Barbuda, and Anguilla as “partially compliant” with international standards on tax transparency. Read More »

  • How to create a personal budget

    If you read the recent Cari$ Rules for Financial Freedom article, you’ll notice our first rule is “No Budget? No Chance”. What this means is that we fundamentally believe taking control of your finances and achieving Financial Freedom is only possible when you have a personal budget. In this article we summarize the process of creating a budget, so you have a big-picture view before diving into the details provided on Read More »

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