Thursday 6th September, 2007

 
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About the Bank of Baroda

In a country where banks are like affiliations, India’s Bank of Baroda will attempt conversion..

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BG View from the Editor

Praying for Obama…to lose

The instability in the Middle East caused by the US invasion and occupation of Iraq in 2003 has contributed to the doubling of oil prices in the last four years...

Debate continues privately

On Monday night, a Business Guardian columnist convened a roundtable at his home at which the two protagonists in the Wilson/Pantin debate that has been raging in the Guardian over the last two months got the opportunity to meet and share ideas...

 

Corporate Ladder

Ricky Rampersad steps up

Guardian Life has promoted Ricky Rampersad—former unit manager at Lenox Barrow branch in Chaguanas—to the position of assistant branch manager...

News

NEC President Prakash Saith:

T&T needs to develop gas

Prakash Saith, president of the National Energy Corporation (NEC), has said that the recent Ryder Scott Hydrocarbon audit report pointed to the need for the country to develop the gas-based sector in the most optimal manner...

Panama Canal being expanded

The US$5.25-billion project will allow huge new cargo ships to transit the waterway

Lofty rhetoric, followed by explosions that blew off parts of a hillside, marked the beginning of a multi-billion-dollar expansion of the Panama Canal last Monday...

Venezuela loses ground in economic freedom

Venezuela has been ranked 135th among 141 countries in the 2007 Index of Economic Freedom, dropping nine positions compared to 2006, when the country occupied the 126th position...

Chavez wants two oil giants out

The Venezuelan government is demanding that oil giants ExxonMobil and ConocoPhillips leave the country with no compensation for their assets...

APEC MAKES PROGRESS

on climate change

Australia claimed cautious progress Tuesday on persuading Pacific Rim countries to agree on a global warming strategy, warning the issue was a threat to the region’s booming economies that its leaders could not ignore...

UN alarmed at livestock extinction

The rate at which livestock breeds are disappearing is “alarming,” a senior official at the United Nations (UN) Food and Agriculture Organisation said, warning that precious genes could be lost forever...

 

Energy

SERVICES the agent of economic diversification

One of the most common comments made about the economy of T&T is that there is a need to diversify the economy away from its dependence on natural gas and oil...

Legal

T&T and the Privy Council

Every year the Privy Council publishes its appeal statistics...

 

Money

Closer look at

emerging markets

Brazil’s economy continues to perform well as bank lending last month rose 1.7 per cent following the Central Bank’s 17th rate cut in a row on July 18...

 

 

Real Estate

Capital concerns—Part III

Implications of new office buildings

The information provided in last week’s column is that Port-of-Spain will have to absorb 3.27m sq ft of new office space within the next two years...

 

Investment

International equity markets wobble

Over the last four years international equity markets have seen a surge in growth, spanning many borders, from the developing nations within Asia, Latin America, Eastern Europe, Africa and the Middle East to the developed nations such as the US, Canada and Western Europe. (See Chart 1)...

Investing in local stock market

The Composite Index of the T&T Stock Market declined by approximately 5.35 per cent in the eight months of trading thus far for 2007...

Putting that lump sum to work

Last week I commented briefly on the provisions of the budget to increase the deduction in respect of contributions made to pension plans or deferred annuity plans...

 

Commentary

Responding to changing workplace demographics

The phrase “baby boomer generation” is used to refer to persons born during the period 1946 and 1964. In the USA, a staggering 80 million people (about 30 per cent of the population) were born during those years...

Spreading its wings

Caribbean Airlines moves to grab piece of Caribbean travel pie

Eight-month old Caribbean Airlines Ltd (CAL) is flying quickly to put its stamp on the regional aviation scene...

 

 

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