Saturday, September 20, 2014

Top Business Story

More males unemployed at end of 2013

The unemployment rate in Trinidad and Tobago increased slightly last year, the latest available data from the Central Statistical Office (CSO) has shown. Read more »

  • NEL chairman blames drop in profits on loss by TSTT

    Chairman of State investment holding company National Enterprises Ltd (NEL) Kenny Lue Chee Lip on Thursday sought to assure shareholders the company is on a sound financial footing despite a drop in profits over the last year. For the year ending March 31, Read More »

  • ‘TSTT’s long-term plan to improve performance’

    In defending the telecommuni­cation giant’s performance, TSTT chairman Everald Snaggs said had it not been for the long-term, five-year strategic plan initiated last year, the company would have been making a lot of profits for NEL. Read More »

  • Tewarie: Opposition wrong on CSO

    As he defended the figures put out by the Central Statistical Office, Minister of Planning Dr Bhoe Tewarie yesterday slammed the Opposition for being “mischevious, calculatedly destructive” and of trying to give a “false and alarmist picture” of the situation at the CSO. Read More »

  • Scotiabank celebrates its diamond jubilee

    Scotiabank Trinidad and Tobago on Tuesday night culminated its “diamond jubilee” celebrations with a grand affair at the Hyatt Regency (Trinidad) hotel in Port of Spain. Sixty years ago, in 1954, the Canadian bank opened its first branch at the corner of Abercromby Street and Independence Square in the capital city. Its first customer at the branch was “textile king” Jimmy Aboud. Aboud died on Monday in Miami at the age of 87. Read More »

  • Ministry upset with energy sector execs

    The Ministry of Energy said yesterday it was disappointed that energy sector executives in the Point Lisas Energy Association (PLEA) would take their concerns about natural gas supplies into the political arena. Read More »

  • Jimmy Aboud dies at 87

    Textile giant Jimmy C. Aboud has died at the age of 87. Read More »

  • TTMA welcomes new port scanner

    The Trinidad and Tobago Manufacturers’ Association (TTMA) has said the commissioning of the new Container Scanner at the Port of Port of Spain is a powerful step forward for Trinidad and Tobago as it pertains to border security and control. Read More »

  • 2015 budget review: investor highlights

    Today, we at Bourse look specifically at implications of the recent national budget presentation as it pertains to the portfolio investor. At a high level, the budget offered an improvement in capital market legislation with the mention of several new bills in the Insurance and Credit Union space. It also proposed refinement of legislation governing the Unit Trust Corporation. Read More »

  • Ministry denies Rowley’s claims

    The Ministry of Finance has refuted several allegations made by Leader of the Opposition Dr Keith Rowley during his presentation in yesterday’s budget debate in Parliament. Read More »

  • Ramnarine: LNG industry robust

    THE liquefied natural gas business is alive and robust in Trinidad and Tobago, Energy Minister Kevin Ramnarine said during yesterday’s budget 2014/2015 debate in the Parliament at the Port of Spain Waterfront. Read More »

  • Magistrate denies licence

    Southpark Cinemas10 will remain closed for the rest of this month. Read More »

  • Economist warns on make-work jobs

    Trinidad and Tobago is only at full employment because of Government’s make-work programmes, says economist Dr Roger Hosein. He said yesterday this body of workers accounts for 15 per cent of employed people but they work less than the standardised norm. Read More »

  • Tax amnesty may cause delinquency

    Government’s decision to offer another tax amnesty could result in increased delinquency by taxpayers, says Wade George, partner/regional tax service line leader of Ernst & Young. Read More »

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