Dr Keith Rowley

Delivered tongue lashing: Prime Minister Dr Keith Rowley moves a motion to approve the notification of the nomination of Roger Kawalsingh as a member of the Police Service Commission.

PRIME Minister Dr Keith Rowley has asked the nation for patience but yesterday promised significant returns to come, as Government has finalised a “new pricing formula” for natural gas with several multi-national companies.

Rowley, who returned Wednesday night from an energy tour in Europe and the United States, said more revenue is on its way after a high-level Government team was able to negotiate better arrangements than had been left in place by the previous government.

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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.

Business process outsourcing company, Iqor, said Wednesday  it has not sold its Trinidad and…