Express Business Filler #1

Review the pensions of all public officers.

And withdraw the Clause 7 amendment of the Freedom of Information Act (FOIA).

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These calls were made by Independent Senator Charisse Seepersad on the Government yesterday as she contributed to the debate on the Miscellaneous Provisions Amendment Act in the Senate.

Government needs the vote of at least one Independent for the measures to become law. But Seepersad said the exception of the tax amnesty, she was “unhappy” with all the other provisions of the bill and she “was not convinced of their merit”, suggesting a lack of support.

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This week we at Bourse take a closer look at recent credit rating actions taken by international rating agencies, including the downgrade by international credit rating agency Standard and Poor’s (S&P). 

The World Bank Group says it has mobilised more than US$14.4 billion in lending and guarantees to support sustainable development and poverty reduction in Latin American and the Caribbean during the 2019 fiscal year that ended last month.

PRIME MINISTER Dr Keith Rowley visited Trinidad Offshore Fabricators Company Unlimited (TOFCO) for a tour of the company’s facilities at Brighton, La Brea yesterday.

MULTINATIONAL energy giant BHP Billiton said yesterday it has completed phase three of its deepwater drilling campaign offshore Trinidad, with hydrocarbons being encountered in three new exploration wells in the second quarter of 2019.

“Ted Jones. Remember that name, because it is going international, not just regional.” So declared Tobago House of Assembly’s Marslyn Melville-Jack last week as she reported that coming out of the recently concluding Tobago road show at Trincity Mall and the Trade and Investment Convention (TIC) at the Centre of Excellence, Macoya, doors have opened for Tobago detergent manufacturer Edward Ted Jones.