Surindra Maharaj

LACK OF COORDINATION: Surindra Maharaj

TWO business groups are questioning if proper provisions have been put in place before the coming wet season in the event there is a repeat of the devastating flooding that occurred last year.

The presidents of the San Juan Business Association and the Greater Tunapuna Chamber of Commerce—Vivek Charran and Surindra Maharaj—have also noted “with concern” road developments along the Churchill-Roosevelt Highway, particularly at the Curepe Interchange.

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This week, we review the financial performance of FirstCaribbean International Bank Ltd (FCI) and Scotiabank Trinidad and Tobago Ltd (SBTT), for the first half of their respective financial years ended April 30. While both banks remained profitable, overall net profits were driven in opposite directions due to certain tax-related events.

The University of the West Indies and Lake Asphalt have signed a licence agreement that will see Lake Asphalt commercialising two “superior” asphalt-based products developed by the university.

WHEN someone has attained the status of a judge, minister or Member of Parliament and they retire with a pension of a couple thousand dollars, people laugh at them.

ECONOMIST Dr Terrence Farrell believes the role of State-owned National Gas Company (NGC) needs to be re-examined and that the price the NGC pays to upstreamers for natural gas should be disclosed.