GHL leads trading but closes lower
Overall market activity resulted from trading in 15 securities of which seven advanced, three declined and five traded firm. Trading activity on the First Tier Market registered a volume of 796,889
Antigua headache for new trade negotiator
WASHINGTON DC—A major United States publication says Antigua and Barbuda will be a “Caribbean headache” for President Barack Obama’s new nominee of chief trade negotiator - Michael
JMMB to acquire T&T’s IBL Bank
Jamaica Money Market Brokers (JMMB) will be acquiring 100 per cent of Intercommercial Bank Limited (IBL) in the near future. The result will be a much larger Caribbean financial institution providi
New CPA certification coming to Caribbean
Halifax—Building on the momentum of Canada’s newly created Chartered Professional Accountants (CPA) designation, it was announced that the regional office for Certified Management
New company to succeed Clico
A new company is being created to succeed collapsed financial giant Colonial Life Insurance Company (Clico).
Central Bank sticks to 2.5% growth forecast
Central Bank Governor Jwala Rambarran is sticking to his forecast of 2.5 per cent growth for T&T this year, although he said there are risks that could change that
Diplomats: Brazil wins race for next WTO director
GENEVA—The World Trade Organisation has settled on Roberto Azevedo of Brazil, a well-known diplomat and consummate insider in Geneva circles, to serve as its director general for t
Witco shares up to $107.07
Overall market activity resulted from trading in 14 securities of which six advanced, one declined and seven traded firm.
TCL records $114.2m earnings for quarter
Trinidad Cement Limited (TCL) has reported a significant improvement in its financial performance with earnings before taxation of $114.2 million for the first quarter of 2013. The cement company’s
Petrocaribe members agree on economic zone
CARACAS—Petrocaribe member states have agreed to create a new economic zone.
NEC adds $27m tugs to marine operations
The National Energy Corporation (NEC) yesterday commissioned two new tugs—the NEC Voyager and NEC Pioneer.
$184 million gateway substation commissioned More power for Port-of-Spain
Areas such as St, Ann's Belmont, Maraval and Mucurapo will get an improved power supply after the T&T Electricity Commission (T&TEC) yesterday commissioned a $1
Government to raise $1b through bonds
Government plans to raise $1 billion through the issue of a seven-year bond with a coupon rate of 2.6 per cent. The fixed rate bond is due May 21, 2020. In the information memorandum, the Central B
Angostura leads Monday’s trading
Overall market activity resulted from trading in 13 securities of which two advanced, three declined and eight traded firm. Trading activity on the First Tier Market registered a volume of 550,425
OAS team in T&T to review ACF preparations
A technical team from the Organisation of American States (OAS) is currently in T&T to look at this country’s preparations to host the VIII Americas Competitiveness Forum (ACF) in October 2014.
Brands risk image in varying Bangladesh responses
MUMBAI—Global clothing brands involved in Bangladesh’s troubled garment industry responded in starkly different ways to the building collapse that killed more than 600 people.
YTEPP praises women for business leadership
Women have been praised for the leadership roles they take on in their communities and in businesses by Nigel Forgenie, chief executive officer of YTEPP Limited. Forgenie, who was presenting prizes
Central Bank changes after Clico/HCU
The Central Bank has made changes to parts of its operations following the conclusion of public hearings in the Clico/HCU Commission of Enquiry. On Thursday, lone commi
Plipdeco’s pre-tax profit up by 21 per cent
The Point Lisas Industrial Port Development Corporation (Plipdeco) has had a very good 2012 financial year. In first quarter 2013 results, chairman Ian Atherly said compared to 2012, and excluding
Republic Bank Point-a-Pierre branch celebrates six decades
Republic Bank’s branch celebrated its 60th anniversary in April with a Customer Appreciation Day. Customers and staff were treated to refreshments and presented with tokens of appreciation.















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