Friday 25th July, 2008

 
 
 
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Today's Commentary
Peter Ray Blood
Selwyn R Cudjoe
Gillian Lucky

Harnarine: HCU beyond recovery

It’s the end of the road for the Hindu Credit Union (HCU), according to its president Harry Harnarine...

 

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News

HCU’s history of troubles

In 2003, the HCU came under the spotlight as it spent millions of dollars to acquire real estate in Chaguanas, in the process pushing up land prices and almost doubling property values...

HCU owes $25m in interest

Immersed in troubled financial waters over recent months, the Hindu Credit Union (HCU) is now unable to meet its financial obligations both to its members and creditors...

Finance Minister offered advice

Finance Minister Karen Nunez-Tesheira expressed “grave concern” at information on the Hindu Credit Union (HCU) conveyed to her by the HCU as well as from an inquiry/audit process being done on the credit union by Ernst and Young...

Credit union wanted $1b liability limit

The HCU’s special general meeting of June 20 sought approval to apply for $1 billion to cover all members’ funds and external borrowing, according to minutes of the meeting...

 

Business
Features
Sports

Petrotrin bond reopens after 3-day closure

The Petrotrin bond, which supplies the country’s fuel, reopened yesterday as workers returned to duty after the company began refurbishment works at the propane and bitumen plants in the bond...

Amrit Sharma...

Bright like a bulb

Amrit Sharma is no stranger to success. The engineering PhD candidate and National Open Scholarship winner copped first place for automotive design at the Young European Arena of Research (Year) Awards in Slovenia last April...

Six T&T players sent home

Six players from the T&T Under-19 team currently taking part in the TCL Regional Under-19 cricket challenge in Barbados have been sent home after breaking their team’s curfew on Saturday night...

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Entertainment
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Phoenix Park Gas Processors expands

Point Lisas-based Phoenix Park Gas Processors Ltd (PPGPL)—which produces propane, methane and natural gas—is in expansion mode...

Tobago stages Scouting for Talent

The sixth preliminary round of Baker’s Scouting for Talent was staged at Golden Star Entertainment Centre, Crowne Point on July 16...

T&T 2008 Olympics team

A 30-member team of athletes was named by the T&T Olympic Committee (TTOC) to represent T&T at 2008 Beijing Olympics set for August 8-24, at the Jean Pierre Complex, Port of Spain on Thursday evening...

 

Current Weather
forecast
10 day forecast for Port-of-Spain, Trinidad And Tobago
Extended forecast Hi/Lo (°C) Precip. %
Friday
Jul 25
Isolated T-Storms Tonights Low: 24° 30%
Saturday
Jul 26
Isolated T-Storms High: 32° Low: 25° 30%
Sunday
Jul 27
PM T-Storms High: 33° Low: 24° 40%
Monday
Jul 28
Scattered T-Storms High: 32° Low: 24° 60%
Tuesday
Jul 29
Scattered T-Storms High: 32° Low: 24° 30%
<- Back to Current Conditions Last Updated 7/25/08 4:30 PM Local Time

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