Wednesday, May 24, 2017

Business

Gopee-Scoon: Kamla blocked my Malta trip*

May 23, 2017, 9:25 PM AST Comments

GOVERNMENT Minister Paula Gopee-Scoon yesterday disclosed that she had packed her luggage, showered and was ready to go to a parliamentary conference in Malta but was snubbed by then prime minister Kamla Persad-Bissessar. Persad-Bissessar directed that she not go even through she was the Parliament&

Imbert’s forex foul-up*

May 23, 2017, 8:28 PM AST Comments

IN a bid to prioritise the disbursement of the limited foreign exchange (forex) earnings available for sale to businesses and individuals that need foreign currency, Finance Minister Colm Imbert seems set to make a right “royal mess” of the exercise, to quote the head of Government’


Unilever: No sign of economic recovery in short-term*

May 23, 2017, 8:25 PM AST Comments

Unilever Caribbean Ltd, one of the largest consumer goods manufacturers in the English-speaking Caribbean, sees no sign of economic recovery in Trinidad and Tobago in the short term, according to a statement from the chairman on May 9, a day before the mid-year budget review. “The headwinds we


Ferry hiccups choking Tobago tourism*

May 23, 2017, 8:19 PM AST Comments

Tobago hotels are seeing record low tourists on the island, especially with the inter-island ferry frequently hiccuping, Tobago Hotel and Tourism Association (THTA), the island’s largest private sector grouping of hotel and restaurant owners, confirmed last Friday. he inconsistency of the ferr

Trinidad’s loss is the DR’s gain*

May 23, 2017, 8:16 PM AST Comments

IT is a matter of grave concern to me —and should be to anyone involved in the Trinidad and Tobago energy sector—that this country, the only natural gas producer and exporter in the Caribbean, should be losing out in the race to supply natural gas to regional markets, other than Puerto R


IDB clinics for national business community*

May 23, 2017, 8:12 PM AST Comments

On Monday 15 and Tuesday 16 May, the Ministry of Planning and Development, in conjunction with the Inter-American Development Bank (IDB), hosted a two-day clinic for the Skills For Global Services, at the Kapok Hotel, St Clair. Clinic facilitators included consultants Mr Geoff Fieldsend, Dr Moreiša


Jack and his jacket*

May 23, 2017, 8:8 PM AST Comments

When I was growing up in the 1950s, attending the Carapichaima EC school and then Piccadilly EC in Port of Spain, there was always a sense of fairness among us that was so ingrained and solid that it resisted for a long time the racial and increasingly political differences that now seem to be teari


CL Financial bailout — marooning the pirates*

May 23, 2017, 8:5 PM AST Comments

Recent events have forced a further re-examination of the proposition that Lawrence Duprey and his chiefs could regain control of the CL Financial group. The Public Interest has been betrayed or badly delayed at every stage of this matter, which is the only reason we are forced to have this painful

Trade and growth prospects in the C’bean*

May 23, 2017, 8:0 PM AST Comments

secretary-general Commonwealth Secretariat Deputy Secretary-General Maharaj was in Bridgetown, Barbados, on Monday and Tuesday for a workshop bringing together trade advisers from African, Caribbean and Pacific countries where he announced the next phase of the Hub and Spokes programme, a joint init


Multi-tasking in a recession*

May 23, 2017, 7:53 PM AST Comments

The Minister of Finance Colm Imbert in an interview on television last week seemed very ambivalent as regards the diversification of the economy. He sees the private sector as being very risk averse and denounced the call for the private sector to be given incentives to invest in this diversificatio


Amazon hits ‘refresh’ with its tablet line-up*

May 23, 2017, 7:50 PM AST Comments

Amazon has cut the price of its Fire HD 8 tablet by US$10, with an upgraded model that will be available next month for US$80. The company also announced a new version of the 7-inch Fire tablet, which will keep its US$50 price tag. It also introduced two new versions of its tablet for children—


bmobile says thank you in a jazzy way*

May 23, 2017, 7:45 PM AST Comments

Everyone likes to feel loved and appreciated in some way or other, and there are numerous ways to show appreciation. Bmobile chose the Tobago Beach Jazz 2017, recently held at the Turtle Beach by Rex Resorts, as their platform to say thank you to their corporate customers from across Trinidad and To