Wednesday, January 17, 2018

Business

Poverty pretenders prevail in T&T*

Jan. 17, 2018, 10:17 PM AST Comments

There are people in Trinidad and Tobago who are pretending to be poor and “masquerading poverty” and accessing social services like food cards, economist and former chairman of the Economic Development Advisory Board Dr Terrence Farrell has said.

Are there consequences if Dr Farrell’s advice is ignored?*

Jan. 17, 2018, 12:57 AM AST Comments

In the wake of last week’s resignation of Dr Terrence Farrell as the chairman of the Economic Development Advisory Board (EDAB) , there is a point of view that the economist and former deputy Governor of the Central Bank was politically naive in that he did not realise that if the current Peop


Bitcoin not the answer to forex unavailability*

Jan. 17, 2018, 12:52 AM AST Comments

LOCAL economist Marla Dukharan says cryptocurrencies, which have dominated international business headlines for the last two months, cannot ease Trinidad and Tobago’s (T&T) foreign exchange crisis, although they are convertible to US dollars. Dukharan was one of several experts interviewed by


T&T’s last ‘cinema’ standing*

Jan. 17, 2018, 12:44 AM AST Comments

San Fernando’s Empire Cinema is now the last of the bastions of longstanding movie theatres in T&T. With the advent of the internet, television and the popularity of ultra-modern cineplexes like MovieTowne and Caribbean Cinemas, over a dozen “traditional” cinemas have folded over t

Who gets foreign exchange?*

Jan. 17, 2018, 12:33 AM AST Comments

The Minister of Finance tells us that the commercial banks and other foreign exchange brokers are expected to give preference to trade and manufacturers via what he calls an honour system. However, he claims that the banks are not doing this but are favouring their clients that provide them with the


GO WITH THE FLOW?*

Jan. 17, 2018, 12:30 AM AST Comments

Growing up in Trinidad is an education. It can also be a schooling for those so inclined but I learnt a lot more out of school than in it. Despite all the geography we learnt in school, when we tried to go out in the evening any time after 6pm we were warned to wear a hat otherwise “dew go fal


Riley slams ‘secrecy’ over Procurement appointments*

Jan. 16, 2018, 11:0 PM AST Comments

Chairman of the Association of Professional Engineers of Trinidad and Tobago (APETT), Winston Riley, says he is not satisfied with the manner in which the long-awaited Procurement Board has been selected and appointed. Riley expressed these sentiments in a statement presented during a breakfast meet


Citibank looking for new T&T boss*

Jan. 15, 2018, 6:26 PM AST Comments

Aleem Khan—Citigroup Inc. (Citi) is looking for a new boss for its operations in Trinidad and Tobago, The Bahamas and Barbados. On its website Saturday morning, Citi advertised the career opportunity for a Trinidad Hub Citi Country Officer (CCO).


Changes in sailing schedule*

Jan. 15, 2018, 6:25 PM AST Comments

The Port Authority and the Inter-island Transportation Company Limited are advising the travelling public of changes in the sailing schedule due to traffic restrictions associated with state funeral of former president George Maxwell Richards.


2018 international market outlook*

Jan. 14, 2018, 9:35 PM AST Comments

This week we at Bourse take a closer look at the performance of international markets in 2017. During the year, several equity and fixed income markets across the globe hit record highs, on the heels of improving global growth and investor sentiment.


Crime taking toll on economy*

Jan. 12, 2018, 9:25 PM AST Comments

Since 2005, one per cent of the labour force has been murdered in this country, says economist Dr Roger Hosein. He said this country must demand action from our leadership with respect to cleaning up the country’s problems when it comes to crime and the economy. “WE need to change the ec