Thursday 4th November 2004

 
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Shoreline from MovieTowne to Glencoe is T&T’s gold coast

Trinidad has its own gold coast. It’s the shoreline from MovieTowne to Glencoe...

A Petit Valley church (inset) is behind a $90 million Shorelands complex, T&T’s latest, and most expensive, property development.

Photos: Brian Ng Fatt

BG View from the Editor

Waiting for the backlash

I cannot figure out the lack of response to the possibility that Republic Bank could be a CL Financial subsidiary by next weekend...

News

High prices affect Petrotrin

Rising oil prices has not meant good news for everybody. State-owned energy company Petrotrin has been caught in the middle while the price of fuel oil, the bulk of the output from its refinery, has remained relatively stable while crude oil has shot up over the past few months...

Chinese-speaking Vincentians soon says Gonsalves

Universal secondary education will soon be completely introduced to St Vincent and it will be entirely funded by the country, St Vincent Prime Minister Ralph Gonsalves said Sunday...

Regional gas pipeline project stalls

The November 1 deadline for a decision for the construction of the “historic Caribbean Gas Pipeline project” has come and gone... with no country giving a commitment to the project as yet...

Automated trading comes to T&T

The local Securities and Exchange Commission announced last week that it had approved the introduction of new rules for automated trading in shares on the local stock exchange...

Trade Ministry clamps down on dumping, slaps heavy duties on Chinese AC units

Air condition imports from China have been slapped with anti-dumping duties of over 300 per cent in some cases in a decision that effectively protects local aseemblers of air conditioners...

Digicel denies bribery charge in Antigua

Digicel, one of the cellular firms believed to be bidding for a cellular licence, has denied allegations that that it tried to bribe officials in Antigua...

We need energy library says Duprey

CL Financial Chairman, Lawrence Duprey, has called for a library full of case studies of the Trinidad experience in building and operating methanol and ammonia plants...

TSTT in emergency mode says new boss

TSTT’s new Chief Executive Officer, Carlos Espinal, introduced himself to the business sector with the promise of transparency and a wish for the majority State-owned telecoms giant to be seen as “humbly working hard.”

IATA predicts airlines will lose about US$5b this year

The global airline industry will lose about US$5 billion this year and more bankruptcies of carriers are likely, due in part to rising fuel costs, an International Air Transport Association official said in Tobago on Monday...

bpTT shows ‘another strong performance’

The local operations of BP, the British energy company, contributed ten per cent to the group’s upstream exploration and production segment during the third quarter, company officials said this week...

DR gearing for new US border controls

Santo Domingo, Dominican Republic —The recent two-day seminar on Adapting Border Controls to Facilitate Trade and Security in the Dominican Republic (DR) was attended by more than 100 government officials and business people representing numerous areas of economic activity especially related to its dynamic trade and tourism...

Features

‘Best of times’at Clico’s ammonia plants

These are best of times for Stephen Pollard and the two ammonia plants he supervises in Point Lisas...

The management of State property:

Whose business is it, anyway?

This week we begin to draw together some of the matters related to State property which we have touched on in the past...

The changing face of Port-of-Spain

Fueled mainly by tax dollars from T&T’s energy exports, Port-of-Spain, the country’s capital, is undergoing an unprecedented amount of construction, much of it funded by the State and for state agencies...

It’s important to be mindful of our cubicle neighbours and engage in thoughtful office practices

Polite conduct for ‘cube dwellers’

In many of our offices, cubicles have become our “legitimate workspace.” Some research have shown that cubicles are a great equaliser as they erase visible signs of hierarchy and could actually increase employee interaction and productivity. The fact is that cubicle workers or “cube dwellers” usually have no choice but to make the best of it...

Technology

Updating tech toys

The annoying folks at Apple have done it again—the iPod, that is, and now my trusty old third generation iPod is that much closer to being obsolete. Now the iPod has a colour screen and the ability to display photos!

Commentary and Analysis

Insurance transfers taxable

An insurance company is taxable on all sums transferred from its long-term business account to its shareholders’ account...

‘If you are willing to watch what you spend and look for little ways to save..., you can make money grow.’

Time to invest for retirement

The end of the year is almost upon us and the advertisements seeking to entice the Christmas shoppers have already been launched...

In order to realise industrialisation goals, Govt must act quickly to: Improve South transit system

The Minister of Energy’s recent announcement that the proposed aluminium smelter may not be located in Union Estate, La Brea, as previously suggested, but instead be located in a new estate to the south west of Point Fortin raises serious questions about our physical infrastructure...

Please Mr Minister...Set our minds at rest

Energy Minister Eric Williams’s apparent insouciance over the loss of proven gas reserves—everybody seems to be concerned about it except him, the one man who should be having sleepless nights over such a situation—is reflected in the very budget debate contribution in which the startling revelation was first made...

Microfinance: Helping communities build their strengths

Microfinance has revolutionised the field of poverty alleviation in developing countries, as demonstrated by the fact that today there are over 68 million microfinance borrowers worldwide—an almost five-fold increase over the past six years. Loans outstanding are estimated to be US$16 billion with an average loan of US$400...

Ethical dilemmas at work - a case for principled leadership

I was recently reading an article entitled The Moral Dilemmas of Young Professionals in Harvard Business School’s Working Knowledge, a weekly e-bulletin...

In the third quarter consumer spending rose 4.6 per cent, but...US economy grows
at slow 3.7 per cent

On the October 27, the Central Bank rolled a three-month treasury bill valued at $75 million at a rate of 4.76 per cent. This three-month debt management bill will mature on January 26, 2005. There was no other activity in the local money market. A 180-day T-Bill is expected to mature on November 15....

Project management reaches executive suite

During the past ten years, project management has evolved from a series of activities to assist workers in performing their jobs into a company-wide management process that is essential for the survival and growth of the organisation...

 

 

 

 

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