Monday, October 23, 2017

Business

Ruby Tuesday in T&T may rebrand, says Chin*

Oct. 17, 2017, 11:29 PM AST Comments

Ruby Tuesday local franchise holder Derek Chin says the announcement by the restaurant chain this week that is being sold to a private equity firm came as no surprise to him. He said “for some time now” he had put the chain on alert that he was considering rebranding, given its poor perf

Sales dim for Divali*

Oct. 17, 2017, 11:27 PM AST Comments

THE depressed state of the economy is hurting the business community, says president of the San Fernando Business Association Daphne Bartlett. Speaking to the Express on Monday, Bartlett said the information she has received indicates there has been a drop in Divali sales during a period that usuall




MTI on export drive *

Oct. 16, 2017, 9:8 PM AST Comments

Camille Hunte—The Ministry of Trade and Industry says it is in the process of developing several policies...


Nine-month market review*

Oct. 15, 2017, 10:50 PM AST Comments

This week we at Bourse review the performance of the local equity market for the nine months ended September 2017. We take a closer look at the three stock indices, namely the Trinidad and Tobago Composite Index (TTCI), the All T&T Index (All T&T) and the Cross Listed Index (CLX),


MP claims $40,000 spent on whisky gifts*

Oct. 14, 2017, 12:23 AM AST Comments

There is sqaundermania at the National Lotteries Control Board (NLCB) where officials are living lavishly and being gifted $40,000 in Johnnie Walker Black. Opposition MP Dr Roodal Moonilal, during the budget debate in Parliament in Port of Spain on Thursday, provided details of the spending spree at

Shamfa: 24 cruise ships expected this season*

Oct. 14, 2017, 12:21 AM AST Comments

Some 24 cruise ships will be sailing to Trinidad and Tobago this cruise season as hurricanes have battered other Caribbean islands causing cruise ships to divert their routes. Tourism Minister Shamfa Cudjoe said among them the Princess Cruise line will be bringing some 3,400 passengers and a crew of


CAL resumes St Maarten flights*

Oct. 14, 2017, 12:19 AM AST Comments

Caribbean Airlines on Wednesday resumed scheduled service to St Maarten, following the re-opening of the Princess Juliana International Airport on Tuesday. The famous airport was closed after it suffered severe damage during the passage of Hurricane Irma last month.


Ganga queries Sandals process *

Oct. 12, 2017, 8:55 PM AST Comments

Ria Taitt—The selection process in the Sandals deal was “subverted and corrupted”, by Prime Minister Keith Rowley’s direct approach to hotelier Butch Stewart without procurement, Chaguanas West MP Ganga Singh charged yesterday.


CariCRIS reaffirms NGC ratings*

Oct. 12, 2017, 1:5 AM AST Comments

Caribbean Information and Credit Rating Services Limited (CariCRIS) has reaffirmed the ratings it assigned to the US$400 million debt issue of state-owned National Gas Company (NGC) of CariAA+ (Foreign and Local Currency) on the regional rating scale, and ttAA+ on the Trinidad and Tobago (T&T) natio


Bmobile, Uber join forces*

Oct. 12, 2017, 1:4 AM AST Comments

Local telecommunications provider bMobile has joined forces with the taxi service company Uber to offer free wifi during rides. In a statement, the companies said since October 2, Uber passengers have been able to stay connected on rides around town with their personal hotspot powered by bMobileR