Business

Caribbean Airlines launches free wireless entertainment via Bluebox Wow

Effective August 01, Caribbean Airlines will introduce “Caribbean View”, free wireless in-flight entertainment on its Boeing 737-800 fleet, the airline said in a statement on Thursday.

The new service will allow its customers to stream blockbuster movies, television programmes, games, magazines and more Caribbean content to their personal devices via a browser using Bluebox Aviation Systems’, Bluebox Wow platform.

Petrotrin has $22 million monthly overtime bill

A $12 billion in debt, much of which is due in one year’s time, total employee costs amounting to 50 per cent of operating costs and an overtime bill of $22 million a month are some of the issues the board of State-owned energy company Petrotrin must deal with.

The grim picture was painted by chairman Wilfred Espinet at a conference titled Macroeconomic Conversations hosted by the University of the West Indies in collaboration with Guardian Media Ltd at UWI’s St Augustine Campus yesterday.

Energy Chamber President: Private sector should fund Petrotrin's change

It is up to Petrotrin’s board to determine the strategic direction of the company so there can be change, Energy Chamber President Dr Thackwray Driver said yesterday. He added that the funding to support the change must come from the private sector, not Government.

Driver’s comments followed an address by Energy Minister Franklin Khan at the opening of the Society of Petroleum of T&T’s Energy Conference on Monday in which he underscored the urgent need for change at the State-owned energy company, but said Government was not going to inject the capital needed for that change.

Sandals promises windfall for Tobago

Sandals in Tobago will be a windfall for all, particularly smaller hoteliers, the regional hotel chain said in a statement which sought to dispel claims about its operations.

Tobago will be among the biggest beneficiaries of increased economic activity, including global marketing and an exponential increase in airlift, Sandals said.

“Not everyone who arrives on the flights we attract will stay at Sandals, indeed many will seek other options creating a significant increase in business for the smaller hotels.

Central Bank Governor: Don’t worry about foreign reserves

Although T&T used up half of a billion dollars of foreign reserves over the past six months and is likely to use more for the rest of the year, the country should not be worried, Central Bank Governor Alvin Hilaire said yesterday.

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