Thursday 28th April 2005

 
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Ex-Caroni boss heads ECA

Rambharat tackles free trade

“This is the man you need to talk to. He’s the one who’s in charge for the next year,” said the outgoing Employers’ Consultative Association’s chairman Dane Darbasie at its AGM two weeks ago when he introduced Clarence Rambharat...

BG View from the Editor

T&T’s gas diplomacy

On Friday last, when it was announced that Prime Minister Patrick Manning was leaving T&T for a three-nation visit to Chile, Peru and Venezuela, many people would have questioned his motive for travelling overseas at a time when the nation was being wracked by murder, kidnapping and other crime...

Mixed Assets

URP’s future dim

Last week’s brazen daylight murder of Oba Jones on the Brian Lara Promenade has clarified in my own mind that the Government needs to take serious action with regard to the Unemployment Relief Programme (URP)...

News

For less than the cost of a stamp, Teleios perfects art of messaging

For cross-listed companies like Guardian Holdings and Trinidad Cement Ltd (TCL), it makes sense to have a company like Teleios Systems Ltd in its employ...

US Energy Bill could benefit T&T

The United States House of Representatives passed a controversial Energy Bill last week which included some key provisions that give the Federal Government control over the construction and placement of LNG terminals...

Finance sector failing industry

Local banks’ understanding of the energy sector has been described as “immature.” But the institutions have finally woken up to the fact that they can no longer afford not to invest in the energy sector...

T&T smelter spells expansion in Jamaica

Should the proposed aluminum smelter come to T&T it would mean an automatic capital investment in Jamaica, according to that country’s Minister of Industry, Commerce and Technology Phillip Paulwell...

Habla Español

Optik launches online Spanish service

You might have seen the blue and white signs in Port-of-Spain: Calle Frederick or Calle Abercromby, calle being Spanish for street...

T&T ranks third in call centre market

T&T has emerged in fourth position among regional countries in the call centre market for outsourcing, according to a study first reported in the Jamaica Gleaner...

Trade

FTAA: RIP or stuck in the mud?

Last week, Brazilian President Luiz Inácio Lula da Silva shook up hemispheric trade negotiators with the resonant statement that the FTAA is low priority for Brazil...

Technology

Deregulation of telecom sector

Devil in liberalising details

Internet Cafes and low-cost International Calling Centres are springing up everywhere. Even TSTT is proclaiming lower prices for international calls and for broadband Internet access. Telecom deregulation must be in the air...

Legal

Privy Council Appeal 21 of 2004

ADB has power over loans

O’Meara Food Products Ltd, Marie Kavanagh and Sharif Mohammed –v- Agricultural Development Bank of Trinidad and Tobago...

Commentary and Analysis

Business must embrace ethics

Recently, Father Clyde Harvey in an address to corporate customers of First Citizens Bank on ethics at their level challenged the Chamber to point out and go after those in the business community engaged in the drug trade as part and parcel of setting some example in actually living the standards of a life of quality...

Investing in climate of economic uncertainty

Four months into 2005 and the investment landscape is no clearer than it was at the start of the year. At the beginning of 2005, most local analysts had predicted annual returns in the range of 15 to 20 per cent in T&T, while in the US the market was expected to return in the region of seven to 11 per cent...

Road safety

A crucial business issue

In 2004, the World Health Organisation made road safety the theme of World Health Day to draw attention to the emergence of road traffic injuries as an international health issue with grave consequences and enormous economic and social costs to a country. Worldwide, road traffic accidents are ranked 11th as the leading cause of death and as second in the 5-14 and 15-29 age groups; third in the 30-44 age group; eighth in the 45-59 age group (WHO 2002)...

Southern Basin ripe for fresh ‘assault’

Energy Minister Eric A Williams’ announcement last week that the oil-rich Southern Basin of Trinidad had been formally divided into six areas and the “bases of production” identified is a key element in his re-invigorated assault on this 97-year-old hydrocarbon province...

T&T bank rates on the rise

Commercial banks have started to implement a 25 basis points increase in the TT prime lending rate to nine per cent from 8.75 per cent...

Dealing with impact of new US passport rules

Swift action needed

I am revisiting the impact on Caribbean tourism of the US government requirement that Americans have passports to re-enter the US because the matter is urgent...

Assessing the credit quality of manufacturing

In today’s article, we shall discuss the rating methodology adopted by Caricris in assigning ratings for manufacturing and services companies. Publication of these methodologies is an important part of Caricris’ effort to be transparent and to bring about investor confidence in the analytical robustness and the objectivity of its credit ratings...

Project management

Bringing vision into reality

Becoming a global leader and achieving a competitive advantage in today’s era of rapid change and development requires vision...

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