Corruption
or incompetence?
I
see that our politicians, energy and economics czars
and business correspondents recently became aware
of the fact that Qatar will own significantly more
of their soon-to-be-constructed LNG plant, than we
do of ours...
Welcome
to: electronic trading
Last
Thursday was a historic day on the T&T Stock Exchange.
Not only was the exchange open for trading on a Thursday
(normal trading days are Tuesday, Wednesday and Friday)
but it was also the first day that an automated trading
platform was used to conduct trades. The Stock Exchange
via a press release had indicated that live trading
on seven selected stocks would be conducted for the
purpose of testing the system on March 10. This was
in preparation for the commencement of full automated
trading tomorrow...
Two
portfolios planned for new fund - Managing our ‘Heritage’
The
recent announcement by the Minister of Finance with
respect to the Government’s intention to legislate
the Interim Revenue Stabilisation Fund (IRSF) is welcomed.
The new fund will be known as the Heritage and Stabilisation
Fund (HSF). By the end of the last financial year,
resources in the IRSF stood at $2,775.6 million or
US $440.6 million. By the end of the current financial
year, the fund is expected to hold $4,209 million
or US $688 million...
Economics
triumphs over sentiment
After
repeatedly denying for years that it would sell off
its three older fields in the East Coast Marine Area
(ECMA)—Teak, Samaan and Poui—bpTT is now
proceeding to do just that...
OSHA
alone will not prevent accidents
The
Chamber has noted, with great concern, the news reports
of three deaths recently caused by industrial accidents.
Even one such death is too many and the shock and
suffering of workmates is rarely taken into consideration
when such accidents happen, lost in the sympathy that
rightly goes out to the deceased family and friends.
But workmates suffer the loss as well, and they also
grieve....
BOJ
loosens monetary policy
The Bank of Jamaica (BOJ) has cut interest rates on
open market instruments for the second time this year...
Corporate
governance and social responsibility
More
than just buzz words
What
really is social responsibility in a corporate sense?
Is it to make as much money for the shareholders once
it is within the boundaries of the law?
Basics
of credit ratings
Last
week we looked at the essential similarities and differences
between equity research and debt research...
