Thursday 2nd June 2005

 
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Hilton polishes image, takes on new look

After months of planning, the $220 million renovation of the Hilton Trinidad gets underway at the end of next week...

BG View from the Editor

Wither T&T’s interest rates?

In the May 24 Guardian, there was an interesting little advertisement which speaks volumes about where interest rates in this country are heading...

Mixed Assets

Finding a way out of poverty

On Tuesday, the following letter was passed on to me. I would like to respond to the article entitled BG View from the Editor in the Business Guardian dated May 5...

News

Central Bank warns: Fake bills still around

While the incidence of counterfeit money in T&T remains low, the Central Bank remains concerned that fake bills continue to be circulated...

New fight over Invaders Bay

A row over the rights to land in Invaders Bay is brewing between Derek Chin, owner of the MovieTowne cineplex, and the Urban Development Corporation of T&T (Udecott)...

TSTT company official on GSM network

‘We’ll be the biggest and best’

With the addition of 49 more cell sites, bringing its tally to 202, TSTT has developed a Global System for Mobile Communications (GSM) network which would take new market entrants about two years to equal, Trevor Deane, project manager of TSTT’s mobile services upgrade project said last week...

Features

The lure of T&T's tobacco industry

The switch in the production of Craven A and Matterhorn cigarettes from the Carreras Group in Jamaica to West Indies Tobacco Co (Witco) in Trinidad will add up to seven per cent—between $30 and $35 million—to Witco’s 2006 total revenue...

Legal

Damages awarded for loss of earnings

In April 2000, Ramjit, a maxi-taxi driver then aged 45, was injured in a motor accident. He suffered injuries to his face and leg...

Commentary and Analysis

Unemployment rate at 7.7%

The Central Statistical Office (CSO) recently released data which showed further improvement in the job market...

What is business’ interest in crime?

To the initiated, this question is one which easily comes to mind as one to be posed to the grouping of 17 private sector organisations that have come together on the single platform of achieving some halt or reduction in the constantly rising rate of crime...

Energy sub-sector on the decline

How Govt can spark activity

In the mid to late 1980s, oil prices on the world’s markets collapsed precipitously and led to recessionary conditions in T&T. The impact of this collapse was felt the hardest in south Trinidad, whose economy was heavily linked to the traditional land based oil industry...

Listen to what the market is saying

This year began with the Composite Index and the All T&T Index standing at 1,074.63 and 1,290.15 respectively...

The external auditor and the governance challenge

In the aftermath of numerous corporate failings, the accounting profession and (in particular) external audit have come under intense scrutiny from various quarters...

 

 

 

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