Sunday, May 14, 2017

Unemployment rate 4%, says CSO*

May 12, 2017, 10:14 PM AST Comments

The Central Statistical Office has reported a decrease in Trinidad and Tobago’s unemployment rate—from 4.4 per cent in the second quarter of 2016 to four per cent in the third quarter. However, compared to the third quarter of 2015, there was an overall increase in the unemployment rate.

It could lead to a ‘royal mess’ *

May 11, 2017, 7:57 PM AST Comments

Leah Sorias—Economist and lawyer Dr Terrence Farrell is warning the Finance Minister that his directive to the Central Bank on prioritising the disbursement of foreign exchange could lead to a “royal mess”.

How to invest without sacrificing your values

May 11, 2017, 3:43 PM AST Comments

Social values may not be the first thing that comes to mind when investing in the stock market, but there are numerous ways for investors to align their portfolios with their beliefs and passions.

Petrotrin has 5-year plan*

May 10, 2017, 9:52 PM AST Comments

There’s light at the end of the tunnel for Petrotrin, says president of the State-owned oil and gas company, Fitzroy Harewood. He was speaking yesterday at a luncheon hosted by the Energy Chamber of Trinidad and Tobago at Cara Suites Hotel and Conference Centre, Claxton Bay.

Guardian Media loses $509,000

May 10, 2017, 9:51 PM AST Comments

Faced with a net loss of $509,000 for the first quarter of 2017, Guardian Media Limited (GML) says it is placing major emphasis on cutting costs and increasing revenue. The Guardian newspaper and television station CNC3 are part of the GML group.

No fuel price hike

May 10, 2017, 3:39 PM AST Comments

By Sandhya Santoo - There will be no increase of fuel prices, says Finance Minister Colm Imbert.

100 free flights in one year?

May 10, 2017, 9:27 AM AST Comments

By Kim Boodram - THE Joint Select Committee (JSC) of the Parliament intends making recommendations for changes to the operating policy of Caribbean Airlines (CAL) after finding that the current modus operandi allows for abuse of company privileges and a heap of inefficiencies at taxpayer expense.

Remember 'Avatar'?

May 10, 2017, 9:1 AM AST Comments

NEW YORK (AP) — You may not have thought much about the 2009 movie "Avatar" over the past eight years, but Disney sure has. The Magic Kingdom is wagering a reported half-billion dollars that you and zillions of other people will line up for new theme park attractions based on the movie's biolu

Sabga's Legacy*

May 10, 2017, 3:20 AM AST Comments

IF there is a business frontier that he might have contemplated conquering before he passed on last week at age 94, Anthony Norman Sabga must have considered export-oriented thrusts that would earn much more foreign exchange to at least service ANSA McAL’s requirements in light of the shortage

Borrowing to pay off debt*

May 10, 2017, 3:15 AM AST Comments

FINANCIAL experts are recommending Trinidad and Tobago adopt fiscal rules in the face of a rising debt-to-gross domestic product (GDP) ratio, for which the country lost its investment grade rating at Moody’s Investors Service late last month. During an April 18 interview at the Inter-American

Guyana? You off your rocker!*

May 10, 2017, 3:7 AM AST Comments

ANYONE suggesting as recently as five years ago that Guyana, the headquarters territory of the Caribbean Community and Common Market (Caricom), would become an oil and gas producer and exporter, would be considered to have gone off their rocker. But that is exactly what is about to happen, as the wo

PPPs vital to close infranstructure gap in region*

May 10, 2017, 2:52 AM AST Comments

A NEW World Bank report launched in Sao Paulo last week says that Latin America and the Caribbean have significant potential to increase Public-Private Partnerships (PPPs) to help close its infrastructure gap. However, to achieve that, the Washington-based financial institution said the region shoul