Tuesday, December 5, 2017

Securing your financial future*

Dec. 3, 2017, 9:28 PM AST Comments

This week, we at Bourse discuss one of the most important investment topics individuals confront: securing your financial future. Advances in medicine, more health-conscious lifestyles and the evolving terms/structures of sovereign pension and retirement necessitate a more proactive approach to how

IMF report causes row over VAT refund arrears*

Dec. 1, 2017, 10:19 PM AST Comments

A sharply worded difference of opinion has broken out between the Government and the T&T Chamber over the amount of money the Government owes the business community in VAT refunds—information that is contained in the recently released International Monetary Fund (IMF) country report on the T&T

Gopee-Scoon: We are not supporting flour price rise*

Nov. 29, 2017, 9:44 PM AST Comments

TRADE Minister Paula Gopee-Scoon says her Ministry will not support any increase in the price of flour at this time. She expressed disappointment in statements by chief executive officer of the National Flour Mills (NFM) Kelvin Mahabir, who in an Express Business report published yesterday, said tha

Are ‘failed’ economic policies crippling T&T?*

Nov. 28, 2017, 9:10 PM AST Comments

It is clear that, towards the end of 2017, T&T is coming off its deepest decline in 30 years, with the Central Statistical Office confirming the economy contracted by 6 per cent last year. Along with the steep economic decline, there is the now chronic shortage of foreign exchange, which caused the

Consumers and vendors feeling price pinch*

Nov. 28, 2017, 9:6 PM AST Comments

Every Thursday Patricia Murray heads to the Tunapuna market to purchase seasoning, vegetables and ground provision needed for her soup business, which she runs on the weekend. Two Thursdays ago she was forced to leave behind christophine, as the price skyrocketed from $8 to $16. A bunch of chive, fo

Brace for higher flour prices*

Nov. 28, 2017, 9:3 PM AST Comments

The global rise in the cost of wheat is threatening local flour prices. Chief executive officer of the National Flour Mills (NFM), Kelvin Mahabir, says if wheat prices on the international market continue on an upward trend, the company would be unable to stave off increasing the price of flour.

West coast oil fields for sale...again*

Nov. 28, 2017, 9:0 PM AST Comments

Trinity plc, a London-listed oil and gas exploration and production (E&P) company focused on Trinidad and Tobago, said in an update on the London Stock Exchange (LSE) last Thursday, that its producing assets offshore the west coast of Trinidad are up for sale again.

CSO seeks to clarify ‘Express Business’ story*

Nov. 28, 2017, 8:51 PM AST Comments

Last week, the acting director of statistics, Sean O’Brien, sought to clarify some data in the article in the November 22 edition of Express Business headlined ‘CSO’s contraction estimate way off.’ One key point made by Mr O’Brien is that the -2.3 per cent estimate of g

NCBFG improves, JMMBGL lower*

Nov. 26, 2017, 9:36 PM AST Comments

This week, we at Bourse review the performance and provide an outlook on two cross-listed stocks: JMMB Group Limited (JMMBGL) for the six-month period ended September 2017 and NCB Financial Group Ltd (NCBFG) for its financial year ended September 2017.

‘Finance, accounting key to T&T’s future’*

Nov. 24, 2017, 9:27 PM AST Comments

Chairman of the Trinidad and Tobago International Financial Centre (T&T IFC), Richard P. Young, has told a graduating class of finance and accounting professionals that business process outsourcing using the skills they have learnt is an important aspect of T&T’s future. Addressing the graduat