Business Express

Wednesday, August 20, 2014

Top Story

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 »

  • Region’s new system to detect harmful products

    Caribbean Community (Caricom) countries are implementing a new system aimed at protecting consumers from acquiring dangerous goods on the regional markets. Read More »

  • Farewell, Arthur Lok Jack

    Two Fridays ago, businessman Arthur Lok Jack retired as chairman of the Massy Group. He was given a hero’s send-off by his business colleagues during an event at the Hyatt Regency (Trinidad) hotel in Port of Spain. Read More »

  • Bdos, Jca leading T&T

    Trinidad and Tobago’s ranking on the Global Innovation Index (GII) has dropped for the third consecutive year. Trinidad and Tobago ranked 90 out of 143 countries in this year’s Index. Read More »

  • NDB a ray of hope

    The decision by the BRICS countries (Brazil, Russia, India, China and South Africa) to proceed with the establishment of the New Development Bank (NDB) signals a fundamental shift in the international financial system as the world has known it since 1945. Read More »

  • A forum for Caribbean natural gas

    The annual Energy Caribbean conference, organised by London-based IBC Energy, part of the Informa Group, takes on a special dimension in this, its 14th year. Read More »

  • World Bank points to increase in international food prices

    A World Bank has found May 2014 Issue of Food Price Watch that international prices of food increased by four per cent between January and April 2014, putting an end to the declining trend of food prices sustained since August 2012. Read More »


    I am a well-known regional columnist because my column runs in Antigua, Barbados, Guyana, Jamaica, Trinidad and Tobago and is circulated in diaspora communities in the US, Canada and Britain. Read More »

  • Oil boom and housing bust alter US spending trends

    North Dakotans, enriched by an oil boom, stepped up their spending at triple the national pace in the three years that followed the Great Recession. In Nevada, smacked hard by the housing bust, consumers barely increased their spending. Read More »

  • Preparing for tourism change

    Caribbean and global tourism thought leaders gather in St Thomas, US Virgin Islands next month to discuss and devise strategies to position Caribbean tourism for major change. Read More »

  • Companies Act and Corporate Governance

    Prior to 1995, anyone who wished to avoid personal liability for his/her activities logically chose to incorporate and hide behind “the corporate veil” afforded by the Companies Ordinance, Chapter 31 No 1. Read More »

  • People say

    I call this the Season of Reflection, being the two-month period starting with Emancipation Day on August 1, centred by our nation’s Independence on August 31 and closing with Republic Day on September 24. To me that is a compelling sequence in which those days of national importance are celebrated. Read More »

  • Survey: Improving conditions support Caribbean confidence

    Business confidence in the Caribbean grew in the second quarter, according to the largest regular economic survey of finance professionals around the world. Read More »

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