Thursday 11th May 2006

 
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Travel advisories hurting Tobago

The US and British travel advisories posted this year on Tobago have seriously affected the tourism industry on the island according to Rene Seepersadsingh, president of the Tobago Hotel and Tourism Association...

BG View from the Editor

Separating sheep from goats

Last week Thursday, Energy Minister Lenny Saith turned the sod to signal the start of construction on the seven-plant petrochemical complex in Point Lisas that is being undertaken by the company called Methanol Holdings (Trinidad) Ltd (MHTL)...

Feedback

Ruling ‘takes away’ part of T&T’s continental shelf

I am convinced that the April 11 judgment issued by the arbitral tribunal that adjudicated on the T&T/Barbados maritime boundary dispute was alarmingly skewed in favour of Barbados in numerous critical areas...

News

Saith stands by aluminium industry

Despite protest action by hundreds of residents on the southwestern peninsula against the Government’s proposed aluminium smelter plant for the area, Energy Minister Dr Lenny Saith said last week that the Government is pursuing the introduction of an aluminium smelter industry in the country...

Grace targets efficiency

GraceKennedy Ltd Chairman and CEO Douglas Orane epitomised straight talk, last Tuesday, while giving a review of his company’s performance for 2005...

New policy to ensure domestic gas use

By the end of the year, the Government will implement a new gas-use policy that will clearly define what percentage of natural gas will be used for export and what will be channeled into the domestic sector...

Feature

Young turk heads Amcham

At 33, Raymond Gatcliffe is one of the youngest serving presidents of the American Chamber of Industry and Commerce...

The dreaded ‘R’ words: Restructuring, Retrenchment

Corporate restructuring is a way of life these days. “I don’t want to get into any clichés,” Nikolai Rogovsky said Monday, explaining that because of globalisation, companies are forced to restructure to deal with the ever increasing pace of business...

Technology

Nokia announces new mobile computers

BERLIN—Steering clear of words like telephony and smart phones, Nokia announced the latest iterations of its new line of handheld “multimedia computers” the N Series, the N72, N73 and N93 in Berlin at their Open Studio 2006 event on Tuesday morning...

Legal

Rate setting vs mediation

Following the deregulation of a nation’s telecommunications industry one of the issues that commonly arises is interconnection, that is the ability of customers of a new service provider or concessionaire to call or interconnect with the customers...

Commentary and Analysis

Blueprint for developing the stock market

There is no doubt that the stock market has not expanded as envisaged either in terms of the number or range of offerings. But this is another area where collaboration is essential...

Bargains in bear market

Since May 17, 2005, the stock market has been on a downslide. Though this movement was originally anticipated due to the overvaluation of several of the companies, the duration of the downswing has outlived its welcome. Now, almost one year later, stocks are experiencing the opposite fate due to the prolonged bearish market conditions...

Supply-side strategies to manage inflation

Over the recent past inflation has become a major source of concern in T&T. In 2005, the inflation rate in T&T was approximately seven per cent. This represents the highest inflation rate since the 8.8 per cent recorded in 1994 when the economy was still adjusting to the floating of the exchange rate a year earlier...

A forum for frankness about Caribbean development...

With an agenda that includes security during the 2007 Word Cup Cricket series and the impact of international developments on Caribbean development, an important conference between the British foreign secretary and foreign ministers of Caribbean Community and Common Market (Caricom) countries takes place in Barbados from April 27 to 28...

Branding a nation

In a previous article, I explained the importance of branding a country, and illustrated with examples how some countries have reaped the benefits of branding. This article explores how the four Ps of corporate marketing—product, price, place and promotions—can be applied to nation branding...

Managing economic crisis...A cautionary Mexican tale

Dr Agustín Carstens, deputy managing director of the International Monetary Fund (IMF) and feature speaker at the second biennial International Conference on Business, Banking and Finance in May, is no stranger to crisis or controversy...

Welcome aggregate…goodbye price controls

The chamber heartily welcomes the announcement by the Minister of Energy and Energy based industries, Dr Lenny Saith, that the Government will issue five new quarryin licences to private sector companies in the construction sector within the next six months in an attempt to reduce the current shortage of aggregate...

The coming oil crisis

How many of you are old enough to have been working in 1973? If so, you would’ve had the kind of economic experience I did at that time. But if you were in school or missed the period of the oil crisis, get ready because those times could return with a vengeance...

 

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