Monday, March 20, 2017

NGL: Dividends stable, share of profits improves

Mar. 19, 2017, 10:37 PM AST Comments

This week, we at Bourse take a closer look at the performance of Trinidad and Tobago NGL Limited (TTNGL) for the year ended December 2016. While exports of Natural Gas Liquids (NGLs) remain low, energy commodity prices have steadily improved throughout the year, which resulted in an improvement of T

Banks slam Kamla over statements

Mar. 17, 2017, 11:32 PM AST Comments

THE Bankers Association of Trinidad and Tobago yesterday knocked Opposition Leader Kamla-Persad Bissessar for statements she made regarding bank fees and charges. In a letter to the Opposition leader, BATT said Persad-Bissessar seemed to have been misinformed when she cited that over 70 per cent of


UWI’s Debe campus to open in January

Mar. 17, 2017, 11:29 PM AST Comments

THE University of the West Indies (UWI) South Campus in Debe may be ready for its first student intake in January 2018, Education Minister Anthony Garcia has said. Garcia said the project has been divided into two phases, with the first expected to be completed by December 2017. The student intake i


Phoenix Park appoints new president

Mar. 16, 2017, 8:11 PM AST Comments

CHAIRMAN of Phoenix Park Gas Processors Ltd (PPGPL) Gerry Brooks has announced the appointment of Dominic Rampersad as the new president of the company.


Shell to build 17 km pipeline from Dragon to Hibiscus

Mar. 16, 2017, 9:26 AM AST Comments

By Aleem Khan - Oil and gas giant Royal Dutch Shell is expected to build a 17 kilometre (10.6 mile) pipeline from Venezuela's shallow-water Dragon gas field to its Hibiscus platform off the north coast of Trinidad, following agreements signed Wednesday in Caracas, according to Venezuelan government


Would you pay $350 for fish?

Mar. 15, 2017, 10:52 PM AST Comments

HIGH fish prices have become the norm during the Lenten season. But would you pay $350 for five pounds of your favourite fish? King fish is being sold between $50 and $70 a pound at King’s Wharf, San Fernando. And fishermen predict the price will continue to skyrocket, maybe reaching $100 a


Chamber: We need new tourism entity

Mar. 15, 2017, 10:50 PM AST Comments

THE Trinidad and Tobago Chamber of Industry and Commerce and its Tobago Division want the speedy establishment of a new tourism entity for the country. “The Chamber has noted recent statements by the Honourable Minister of Tourism regarding Government’s plans to dissolve the Tourism Deve


Coming soon, paying your tab without giving your credit card

Mar. 15, 2017, 1:40 PM AST Comments

NEW YORK (AP) — It's 1 a.m. You've had a few too many at a crowded bar and walk out without paying the tab. Your credit card and driver's license sit behind the cash register, leaving your personal info widely accessible while you sleep off those vodka tonics.


Trump blasts release of 2005 tax form, reporter's account

Mar. 15, 2017, 1:31 PM AST Comments

WASHINGTON (AP) — President Donald Trump earned $153 million and paid $36.5 million in income taxes in 2005, paying a roughly 25 percent effective tax rate thanks to a tax he has since sought to eliminate, according to newly disclosed tax documents.


More gloom for energy industry*

Mar. 15, 2017, 3:11 AM AST Comments

The closure of two of Methanol Holdings (Trinidad) Ltd's five methanol plants because of an acute shortage of natural gas is an indictment against those responsible for overseeing the critical gas component of this country's energy industries, namely the Ministry of Energy and the National Gas Compa


Blue food supply under forex threat*

Mar. 15, 2017, 2:57 AM AST Comments

Market vendors and blue food lovers are set to suffer as Trinidad and Tobago’s supply, which is heavily complemented by the small islands of the Eastern Caribbean, is now under threat of being cut off, agricultural economist Omardath Maharaj said in telephone interviews and e-mailed analysis l