leaves repo rate at 5.25 %
Central Bank left its benchmark interest ratethe
repo rateat 5.25 per cent in April 2005. The
decision comes despite upward pressures on headline
inflation. For the 12 months to February 2005, headline
inflation rose to 6.9 per cent faster than the 5.9
per cent in the 12 months to January 2005...
audits add value
our last article we highlighted the role of the audit
committee as the engine of an effective board. In
this article we will examine the internal audit as
an important tool of the audit committee...
regime may scare off investors
March 11, bpTT announced its plans to sell their Teak,
Samaan and Poui (TSP) assets. Exactly one month later
on April 11, Venture Production plc, the Aberdeen-based
oil and gas production company released their preliminary
results for 2004 and included in their report a public
statement that they are in the process of withdrawing
holds solution to cross-border gas
Minister Eric Williams told journalists last week
that the negotiations between T&T and Venezuela
on cross-border gas were going very well
and presumably this means that some finality will
be brought to the matter soon...
before wage hike
is indeed interesting to hear the noises coming from
various quarters regarding the recently announced
minimum wage hike...
the annual report
total of 19 out of 31 companies listed on the T&T
Stock Exchange have a December 31 year end...
the credit quality of sovereigns
the earlier articles, we looked at the capital markets
and bond markets, the evolution of credit ratings,
the rating symbols used by the global agencies and
the role of a rating agency in the development of
local bond markets...
ripe for investment
weeks ago, Geoffrey Da Silva, the CEO of the Guyana
Office for Investment (Go-Invest) addressed the 17th
Annual Investment Conference of Development Finance
Ltd and we now reprint relevant parts of his address
as it is the Chambers view that businesses looking
to invest regionally should consider Guyana as a possible
US passport rules deliver...
blow to tourism
years United States citizens have travelled into and
out of the Caribbean with no more identification documents
than a drives license. This will change between
now and January 1, 2008 and will have an adverse impact
on the regional tourism industry...
success must be earned
leadership and board of directors have failed to provide
the Government with a business plan in which it has