Thursday 23rd August, 2007

 
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Financing the future

The Government’s 2007-2008 fiscal package pointed to a shift in its energy policy as it sought to prioritise its downstream initiatives and refocus on the upstream sector...

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BG View from the Editor

Point Lisas needs tune-up

On Monday Finance Minister, Prime Minister Patrick Manning announced in the budget speech that the T&T’s total production went from $55 billion in 2001 to $114.5 billion in 2006 and per capita income increased from US$7,100 in 2002 to US$14,790 in 2006...

Prof Pantin responds

Guardian editor and business editor Anthony Wilson in the August 16 Business Guardian indicates that he was persuaded by four “advisors” that the debate on the performance of the T&T economy in the 1980s “was important and should be continued.”

 

Corporate Ladder

Essar Steel Holdings gets new CEO

Jatinder Mehra has been appointed as chief executive officer (CEO) of Essar Steel Holdings Ltd, which is constructing a billion-dollar iron and steel complex at Claxton Bay...

 

News

Enill: T&T oil workers in demand

T&T’s energy sector workers are being offered a “signature bonus” of US$1 million to sign on to work in Saudi Arabia and other oil producing nations in the Middle East, Minister in the Ministry of Finance Conrad Enill has said...

Economy grows 5.5% in 2007

The T&T economy is expected to achieve a growth rate of 5.5 per cent in the 2007 financial year, according to the Review of the Economy, one of the many documents released along with the 2008 budget which was presented in the House of Representatives yesterday...

Couva/Pt Lisas Chamber:

Cepep raise could worsen labour shortage

THE SUPPLY of labour continues to be a challenge to businesses and the service industry, says Ashmeer Mohamed, president of the Couva/Point Lisas Chamber of Commerce...

Caring about Tobago

The theme, Nurturing a Caring Society, is repeated throughout the Public Sector Investment Programme (PSIP) for Tobago...

Independent body to monitor budget

Plenty promises but no implementation

An independent monitoring body should be set up to analyse the implementation of past budgets, a senior official of the Co-operative Credit Union League of T&T Dr Winford

Gas giveaways in T&T—McLeodJames said on Tuesday...

Crude imports must be reduced

President General of the Oilfield Workers Trade Union, Errol McLeod, has said that T&T is being run by a group of “stupid people who will give away our gas for next to nothing.”

Agriculture needs more funds

LESS than one week after the Government’s national consultation on food prices, the agriculture sector was granted $1.2 billion by Prime Minister Patrick Manning to boost the lagging industry...

Sugar union head:

Food price consultation an election ploy

The Government’s National Consultation on Food Prices was nothing more than an election ploy.This is according to Rudy Indarsingh, head of the All Trinidad Sugar and General Workers Trade Union...

Dean fails to trigger insurance plan

Hurricane Dean failed to trigger a World Bank insurance scheme established to compensate Caribbean nations for hurricane damage...

 

Stocks

Investors on edge

Grab up Treasury bills

The stock market was quiet Tuesday, but debt markets were anything but...

Legal

Workmen’s private rights

under Workmen’s Compensation Act

Mr Balkaran was a workman employed by A1 Construction Company Ltd. The defendants were A1’s directors...

 

Money

Venezuela’s role in Latam integration

Venezuelan President Hugo Chavez has been recently attempting to tighten the ties among his fellow Latin American countries through intra-regional trade integration, financial opportunities and cost-effective energy production...

 

Real Estate

Capital concerns

Our capital city is a continuing concern...

Investment

Understanding recent market turbulence

It seems hard to believe that just three months ago, most people had never heard the word “subprime,” let alone knew what it was...

‘Ryding’ on faith

Viewing the 2007/2008 Budget package within the context of the recent Ryder Scott audit is by far the most relevant topic for investors this week...

Bourse mutual fund review

Asia evolving equity market

Investors throughout history have been looking towards the east...

Management

Creating Blue Oceans of innovation, growth

The challenge of innovation and growth in today’s fiercely competitive business environment is probably the most pressing business issue facing organisations today...

 

Feedback

Quo vadis Tobago Express?

The perennially troubled airbridge which links Trinidad and Tobago is going through another of its major convulsions; a type of turbulence which through the years has plagued all carriers which have served this essential air link in our unitary state, including current carrier Tobago Express...

Commentary

The Extractive Industries Transparency Initiative:

Call for transparency in energy

The Extractive Industries Transparency Initiative (EITI) was launched in 2002 by then UK Prime Minister Tony Blair at the World Summit on Sustainable Development in South Africa...

Capitalising on the India-Caribbean connection

As India celebrated its 60th anniversary of independence from Britain on August 15, the global investment bank Lehman Brothers lowered the country’s 2007 gross domestic product forecast to 9.1 per cent from 9.6 per cent...

Land, share ownership

The Green Paper on T&T’s investment policy

The chamber has reviewed those portions of the proposed policy which speak to land and share ownership under the Foreign Investment Act 1990...

Reserves to production ratio

Getting fiscal terms right

The Prime Minister’s national budget presentation on Monday contained few surprises and no new major policy announcements to the energy sector...

 

 

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