Business

Tuesday, May 5, 2015

Top Business Story

Sacha Cosmetics cops top award

Sacha Cosmetics, a well-known beauty brand founded in 1979 in the twin-island Republic of Trinidad and Tobago, is the winner of the inaugural Caribbean Exporter of the Year Awards, The Bahamas Weekly reports. Read more »

  • Oil prices up, investors gain

    Today we at Bourse discuss the recent recovery in global oil prices and consider some of the risks and opportunities investors may encounter. We focus on several alternatives available to investors, through which they can position their portfolio to enhance wealth via energy-related investments. Read More »

  • Rowley concerned over duration of police probes

    Opposition Leader Dr Keith Rowley yesterday raised concerns about the length of time the Police Service takes to investigate matters. Read More »

  • Republic Bank posts $572m half-year profit

    The Republic Bank Group has recorded a profit attributable to shareholders of $ 572.7 million for its half-year ended March 31. Read More »

  • Businesses: No penalties

    Businesses are hoping they will not be penalised for the shutdown of the Customs and Excise Division’s online service for the past five days. “I don’t think we are looking at the issue of reimbursement, what we are certainly looking at is that there be no penalties for delay in clearing goods,” said president of the American Chamber of Commerce Hugh Howard yesterday. Read More »

  • Make life easier for pensioners

    Minister of State in the Ministry of Finance and the Economy Rudy Indarsingh yesterday urged the National Insurance Board (NIB) to make life easier for pensioners. Under the current system, pensioners must submit a life certificate twice a year to prove they are alive in order to receive pension entitlements. Read More »

  • Jamaica equity poised to advance?

    Today we at Bourse take a look at the opportunities available to the local investor wishing to intensify their focus on the Jamaican stocks currently accessible on the Trinidad and Tobago Stock Exchange. We seek to provide the investor, who may be more tolerant to risk, a means of increasing their portfolio exposure to the Jamaican market and an alternative to broadly investing in the Trinidad and Tobago market, especially, as the All Trinidad and Tobago Index (All T&T) has run flat (down 0.8 per cent) for 2015. Read More »

  • Lack of foreign $$ continues to affect businesses in 2015

    A number of sectors of the business community are saying the unavailability of United States currency continues to affect their operations because less than half of their demands for foreign exchange is being met on a monthly basis. Read More »

  • Balgobin new TTMA head

    Independent Senator and chief executive of Electrical Industries Group Dr Rolph Balgobin was yesterday appointed president of the Trinidad and Tobago Manufacturers’ Association (TTMA). Balgobin, who is also chairman of Quicksilver Convenience Ltd and the NGC Distinguished Fellow in Innovation and Entrepreneurship at The University of the West Indies, replaces former TTMA president Nicholas Lok Jack, who served for two years. Read More »

  • Chamber wants action on ‘total policing’ report

    The Trinidad and Tobago Chamber of Commerce said yesterday, it was pleased with the recent laying in Parliament of the report into the “Day of Total Policing” which took place on March 23. Read More »

  • 2 segments expected to open this month

    As Government moves to fulfil its mandate before the 2015 general election, two more segments of the multi-billion-dollar Solomon Hochoy Highway extension to Point Fortin are expected to be opened this month. Read More »

  • Petrotrin credit downgrade, implications

    This week, we at Bourse highlight the recent downgrade of Petrotrin and look at it within a regional context of debt markets. We also take a look at the local financial system, with respect to inflation and interest rates before discussing investor implications going forward. Local Bond Update Read More »

  • Petrotrin gets lower rating

    International agency Standard & Poor’s Ratings Services has lowered its long-term corporate credit and senior unsecured debt ratings on State oil company Petrotrin to BB+ from BBB-. The outlook on the corporate credit rating is stable. Read More »

  • Ramnarine: BG/Shell merger good for T&T

    The merger of international energy giants BG Group and Shell is a good thing for Trinidad and Tobago, Energy Minister Kevin Ramnarine said yesterday. Read More »

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