US seeks data on account holders at Caribbean bank
MIAMI—US taxpayers who stashed money in one of the Caribbean’s largest banks without telling the Internal Revenue Service could be in trouble. The US government has obtained a cour
Eteck president on Business Line
Why is it taking Eteck so long to get investors for the Tamana Intech Park?
Regional expert: Inter-Caribbean carrier needed
Rather than trying to develop a regional carrier, Caribbean countries should focus on improving their tourism products and forging strategic alliances with foreign airlines, tour operators and trav
TCL shares down to $0.95
Overall market activity resulted from trading in eight securities of which one advanced, three declined and four traded firm. Trading activity on the First Tier Market registered a volume of 165,91
IDB suggests test for potential borrowers
WASHINGTON DC—The Inter-American Development Bank (IDB) says it has found that “psychometric” testing is a “good predictor” of creditworthiness and a cost-effective way for financial intermediaries
Central Bank Governor: Caribbean can tap into diaspora wealth
There is need to tap into the wealth of the Caribbean’s highly-educated diaspora, so each territory can cope with challenges such as low growth, high debt, mitigation of natural disaster risk and m
Sagicor Group records modest increase in income
The Sagicor Group recorded a net income of US$74.1 million for the year ended December 31, 2012, according to financial statements published yesterday. Chairman Stephen McNamara said this was “a m
New player in T&T’s smartphone market
Nokia and Microsoft yesterday announced the new portfolio of Nokia Lumia phones: Nokia Lumia 920, Nokia Lumia 820 and the Nokia Lumia 620, the first Nokia devices with Windows Phone 8 available in
Digital media expert visits T&T
Former Apple executive and current president and CEO of the All Access Group Kelli Richards will visit T&T from May 6-8 to share her knowledge on digital media and how musicians, authors and fi
Samsung unveils energy saving fridge
Samsung Electronics recently unveiled its new line of refrigerators with Digital Inverter Compressor, which seeks to reduce cost for consumers with its energy saving and efficiency features. Accord
GHL makes $353m profit for 2012
Regional financial giant Guardian Holdings Limited (GHL) recorded a 35 per cent increase in profits from $261 million to $353 million last year.
News Corp shareholders to vote on split June 11
NEW YORK—News Corp says June 11 will be the date of a special shareholders meeting to approve a plan to split into two companies. The split is expected to be completed by this summ
Clico Investment Fund shares drop to $21
Overall market activity resulted from trading in 14 securities of which eight advanced, two declined and four traded firm.
Eurozone inflation falls to 3-year low
LONDON—Expectations are mounting that European Central Bank will cut interest rates this week after figures yesterday showed inflation in the euro area at a three-year low and unem
Smartphone war heats up with launches
The battle for control of the local smart phone market heated up with the recent launch of the Blackberry Z10 at the Hyatt Regency in Port-of-Spain.
US methane report further divides fracking camps
PITTSBURGH—The US Environmental Protection Agency has dramatically lowered its estimate of how much of a potent heat-trapping gas leaks during natural gas production, in a shift with major implicat
Markets up after Italian govt formed
LONDON—Italian financial assets were the big winners Monday at the start of an action-packed week in global markets, as investors cheered the news that a new government has been formed after two mo
World Bank praises Grenada’s fiscal governance
WASHINGTON DC—The World Bank says Grenada has advanced towards fiscal governance and investment promotion and that it is also seeking to modernise several areas of its operations as part of a proje
S4s sold out at Saturday launch
Scores of enthusiastic customers flocked to the West Mall branch of bmobile on Saturday for the official launch of the Samsung Galaxy S4 which resulted in a sold out launch in less than three hours
TTMF unveils ‘fixed for life’ interest
The T&T Mortgage Finance Company Limited (TTMF) has embarked on a new campaign where potential homeowners who qualify for a mortgage will pay a fixed for life interest rate of six per cent, Ing















Stay connected