Imbert: Housing bond to be more attractive than NIF
Trinidad Guardian

Finance Minister Colm Imbert has described the National Investment Fund (NIF) bond issue as a “tremendous success” stating that the final tally for bond applications was $7.3 billion. Imbert said this figure...

JMMB net profit up 56 per cent
Trinidad Guardian

KINGSTON, Jamaica—Regional financial entity, JMMB Group, has recorded 56 per cent growth in its net profit, year-over-year, totaling J$956.6 million, for the three-month period ending June 30. Additionally, the Group...

GraceKennedy shares drop to $2.80
Trinidad Guardian

Overall market activity resulted from trading in ten securities of which three advanced, five declined and two traded firm. Trading activity on the First Tier Market registered a volume of 36,113 shares crossing the floor...

JMMB set to pull out of Barbados Stock Exchange
Jamaica Observer

The team at JMMB Group Ltd (JMMBGL) has announced via the Jamaica Stock Exchange (JSE) that “pursuant to a resolution of their board of directors dated September 28, 2017, JMMBGL proposes to voluntarily delist all of...

JMMB profit up 56% for Q1
Jamaica Observer

REGIONAL financial entity JMMB Group will launch its consumer finance line of business in Trinidad and Tobago later this year as well as increase its number of automated teller machine (ATM) services in Jamaica as part of...

Manufacturing sector needs Caribbean market for growth
Trinidad Guardian

As T&T gears up for the Caricom Heads of Government meeting in Port-of-Spain this November, Prime Minister Dr Keith Rowley says the growth of the local manufacturing sector relies heavily on the success of the Caricom...

ANSA McAL earns $454m second quarter profit
Trinidad Guardian

Noting the recent improvement in the T&T economy, ANSA McAL Group Chairman Norman Sabga said this has bolstered the conglomerate’s strategy of innovation with its new products. “That strategy is working...

Premium takes over NFM portfolio as exclusive distributor
Jamaica Gleaner

Richard Lake's Premium Farms in now the exclusive distributors for National Flour Mills, NFM, an agreement that covers eight products made by the Trinidadian company, initially, with more to be added later this year.The...

Bonds to help fund public housing
Trinidad Guardian

Government is considering introduction of a bond to assist with funding of public housing. Prime Minister Dr Keith Rowley, who was at a key distribution ceremony for the Lake View Housing Development in Point Fortin...

Bonds to help fund public housing SASCHA WILSON Government is
Trinidad Guardian

Government is considering introduction of a bond to assist with funding of public housing. Prime Minister Dr Keith Rowley, who was at a key distribution ceremony for the Lake View Housing Development in Point Fortin...

Google is watching you
Trinidad Guardian

SAN FRANCISCO (AP)—Google wants to know where you go so badly that it records your movements even when you explicitly tell it not to. An Associated Press investigation found that many Google services on Android...

Unilever closes $0.10 lower at $26.90
Trinidad Guardian

Overall market activity resulted from trading in 14 securities of which four advanced, five declined and five traded firm. Trading activity on the First Tier Market registered a volume of 179,866 shares crossing the floor...

Roget: Petrotrin putting workers at risk
Trinidad Guardian

The Oilfields Workers Trade Union (OWTU) is questioning the validity of a Petrotrin newspaper advertisement last month that outlines the company finances. At a media conference at the OWTU’s Paramount Building...

Fujitsu, Oracle collaborate to speed up digital transformation for Caribbean customers
Jamaica Observer

Fujitsu Caribbean Limited last week announced an expansion of its cloud offerings under a strengthened collaboration with Oracle Corporation.The joint effort will enable the rapid build out of multiple cloud environments...

National Investment Fund bonds oversubscribed
Trinidad Guardian

The National Investment Fund (NIF) has been oversubscribed. This was revealed by Communications Minister Stuart Young at yesterday’s post Cabinet media briefing. “Again, I don’t want to speculate because as...

All T&T Index up by 0.05 points
Trinidad Guardian

Overall market activity resulted from trading in 12 securities of which two advanced, two declined and eight traded firm. On the First-Tier Market 309,535 shares changed hands for a value of $3,193,914.60. Sagicor...

T&T drops five spots in Innovation Index
Trinidad Guardian

This country has dropped five spots on the 2018 Global Innovation Index Rankings (GII) and now ranks at 96 out of 126 countries. Last year, T&T ranked 91 on the GII which is co-published by Cornell University, INSEAD...

Tobago suffers decline in domestic tourism
Trinidad Guardian

The July/August vacation has not yielded the usual upswing in domestic tourism for Tobago. The island is not enjoying favourable local arrivals, says Chris James, chairman of the Tobago Hotel and Tourism Association. In...

Six advances, no declines on TTSE
Trinidad Guardian

Overall market activity resulted from trading in 12 securities of which six advanced, none declined and six traded firm. On the First-Tier Market 52,130 shares changed hands for a value of $ 1,449,793.81. T&T NGL...

Mixed business response to Cabinet reshuffle RAPHAEL JOHN-
Trinidad Guardian

Daphne Bartlett, president of the San Fernando Business Association, says new National Security Minister Stuart Young should be responsible only for that ministry given its strategic importance. “What concerns us is...

Export boost for Tobago SMEs
Trinidad Guardian

Tobago is expected to receive a much needed boost with the signing of a memorandum of understanding (MoU) between exporTT and the Tobago House of Assembly (THA). Crisen Maharaj, manager, Capacity Building and Programme...

JCC says Govt owes contractors $676m
Trinidad Guardian

The Government will begin verifying claims totalling $676 million which the Joint Consultative Council for the Construction Industry (JCC) says is owed to its members. Following a meeting with the JCC on Friday, the...

Nicholas steps down as Mora Ven chairman
Trinidad Guardian

Andrew Mitchell QC has been installed as chairman of the board of Mora Ven Holdings Limited (MVHL), replacing George Nicholas III who has stepped down to devote more time to his “growing international...

Ansa shares up by $1.84
Trinidad Guardian

Overall market activity resulted from trading in ten securities of which three advanced, three declined and four traded firm. Trading activity on the First Tier Market registered a volume of 255,554 shares crossing the...

Trade Minister: T&T strengthening links with Africa
Trinidad Guardian

Between 2014 and 2017, T&T’s average exports and imports with the African continent were $1.4 billion and $7.5 billion respectively, resulting in a trade deficit of $6.1 billion. The top export markets in 2017...

NEL dividend income increases to $34.8m
Trinidad Guardian

Government’s investment holding company, National Enterprises Limited (NEL), was able to offer consistent dividends to its shareholders for the 2017. Chairman Ingrid Lashley noted in the company’s 2018 annual...

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