Friday, January 19, 2018

Business

Angostura workers get 10% *

Dec. 18, 2017, 7:22 PM AST Comments

Kim Boodram—SOME 300 employees of Angostura Holdings Limited (AHL) are set to receive backpay in January 2018, after the company and the Seamen and Waterfront Workers' Trade Union (SWWTU) yesterday signed off on a ten per cent increase for 2017-2019.

Minister: Investor confidence returning *

Dec. 18, 2017, 7:20 PM AST Comments

Minister of Trade and Industry Paula Gopee-Scoon says recent investments by the private sector are clear indications that investor confidence is being restored in the economy.


Bridging the retirement income gap*

Dec. 17, 2017, 9:23 PM AST Comments

This week, we at Bourse conclude our two part series on securing your financial future by making a conscious effort to accumulating long-term wealth. As readers may recall, the first part of our series considered different sources of income which were available after retiring.


Parliament approves duty exemptions*

Dec. 15, 2017, 10:8 PM AST Comments

Energy companies will conti­nue to benefit from exemptions on customs duties for the importation of material and equipment until 2020. Trade Minister Paula Gopee-Scoon piloted a motion at yesterday’s Parliament sitting, asking for the exemption of import and customs duties for certain categori

Court decertifies RBC union *

Dec. 14, 2017, 9:10 PM AST Comments

Royal Bank of Canada (RBC) workers are no longer represented by the Banking, Insurance and General Workers Union (BIGWU), after a High Court judge yesterday ordered that a decision by the Recognition Board be cancelled.


Analysts optimistic as gas decline slows*

Dec. 13, 2017, 10:15 PM AST Comments

TWO analysts engaged by separate Canadian banks are sanguine about prospects for the T&T economy. The country’s natural gas production decline appears to be slowing, Shane Lowe and Francis Lewis told their separate audiences on December 12 and November 30 respectively.


Is Mr Lee-Chin's offer disrespectful?*

Dec. 13, 2017, 1:1 AM AST Comments

On Friday at $8.04am, Jamaica's largest financial institution, the NCB Financial Group (NCB), announced that it was making a takeover bid to all shareholders of Guardian Holdings Ltd to acquire up to 74,230,750 GHL shares at US$2.35 a share.


New Venezuelan oil minister: Gas for T&T by 2022*

Dec. 13, 2017, 12:42 AM AST Comments

Venezuela expects to export half of a billion cubic feet of natural gas to “mainly Trinidad and Tobago” in under five years, new Venezuelan Petroleum Minister and Petroleos de Venezuela (PDVSA) President Manuel Quevedo said Sunday in Caracas, Venezuela. Quevedo’s predecessor, forme

Consider regulating bank fees*

Dec. 13, 2017, 12:34 AM AST Comments

THE Joint Select Committee (JSC) of Parliament is suggesting that T&T follow Jamaica and ensure that the fees that banks impose on their customers receive regulatory oversight. In its report released last week,the JSC on Finance and Legal Affairs’ Inquiry into Commercial Banking Fees in Trinid


Moody’s: Climate change threatens T&T’s credit profile*

Dec. 13, 2017, 12:24 AM AST Comments

OF the over-135 countries rated by Moody’s Investors Service, Trinidad and Tobago (T&T) is among 18 that the New York-based credit rating agency has identified as most vulnerable to climate change. On the upside though, of the 18, T&T is among the least vulnerable. In a statement promoting its


Protecting your property and family*

Dec. 12, 2017, 11:36 PM AST Comments

AS the uptick in crime continues to worry citizens, security firm G4S Secure Solutions Trinidad Ltd has launched a security system which it says will empower persons with the ability to fight against criminals by “seeing them before they see you”. The system, known as Smart Security, all


Five to receive ANSA McAL awards*

Dec. 12, 2017, 11:9 PM AST Comments

A JAMAICAN writer of prophecies and poetry, a Guyanese businessman, a couple from Trinidad and Tobago supporting child cancer patients, and a University of the West Indies (UWI) senior lecturer have been named the Anthony N Sabga Caribbean Awards for Excellence (ANSACAFE) 2018 laureates.


Rice farmers threaten to sue NFM *

Dec. 11, 2017, 6:50 PM AST Comments

Renuka Singh—Sixteen rice farmers, owed a total of $1.9 million by majority state-owned National Flour Mills (NFM), are turning to the courts to get their money.