Heavy fines, jail for illegal football broadcasts
(Source: newsday.co.tt)
THOSE caught broadcasting special events, such as football matches, without a licence could face up to five years in jail and a heavy fine of $250,000, according to the Telecommunications Authority of Trinidad and Tobago (TATT). [Full Story]
URL: http://www.newsday.co.tt/business/0,89825.html
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Fertiliser price drop brings food concerns
(Source: newsday.co.tt)
Even as world prices for ammonia and urea continued their sharp decline last week, the South Chamber of Industry and Commerce (SCIC) said on yesterday this might not lead to lower food prices for this country. [Full Story]
URL: http://www.newsday.co.tt/business/0,89826.html
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Interest rates to rise again
(Source: guardian.co.tt)
The managing director of Scotiabank T&T, Richard Young, yesterday said that consumers should expect an increase in interest rates soon. [Full Story]
URL: http://guardian.co.tt/archives/2008-11-12/business1.html
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Wanted: Third telecom provider
(Source: newsday.co.tt)
THE Telecommunications Authority of TT (TATT) wants to see a third mobile cellular operator in the country, to prevent a dual monopoly between existing providers bmobile and Digicel. [Full Story]
URL: http://www.newsday.co.tt/business/0,89735.html
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Declines continue to depress indices
(Source: guardian.co.tt)
Trading activity closed on Tuesday with only eight active securities and total volume down to 187,362 shares; however market value rose to end the day at $2.99 million. [Full Story]
URL: http://guardian.co.tt/archives/2008-11-12/business2.html
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Lending rates dampen business
(Source: newsday.co.tt)
WITH lending rates increasing at banks and several lending agencies, businessmen are finding it increasingly difficult to finance their enterprises. While the Central Bank has been trying to temper rising inflation by increasing the repo-rate and cash reserve requirement at commercial banks, several lending agencies yesterday said this policy had t(...) [Full Story]
URL: http://www.newsday.co.tt/business/0,89736.html
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Protest shuts down Plipdeco
(Source: newsday.co.tt)
OPERATIONS at the Pt Lisas Industrial Development Corporation (Plipdeco) ground to a halt yesterday following a noisy protest by workers who are calling for the resignation or removal of Plipdeco president Roger Traboulay. [Full Story]
URL: http://www.newsday.co.tt/business/0,89737.html
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$300,000 given to charity
(Source: newsday.co.tt)
OFFICIALS of Scotiabank TT Foundation yesterday distributed cheques totalling $300,000 to several non-governmental organisations (NGOs). The foundation is a separate entity of the bank dedicated to assisting charitable donations to the less fortunate in society. It will donate $15 million over the next five years. [Full Story]
URL: http://www.newsday.co.tt/business/0,89738.html
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Local companies record profits
(Source: newsday.co.tt)
DESPITE fears that the global financial crisis would affect TTs economic growth, several local companies have been showing positive financial results. In publishing financial results for the nine months ending September 30, 2008, Sagicor Financial Corporation said it performed well despite the gloomy global financial outlook. [Full Story]
URL: http://www.newsday.co.tt/business/0,89739.html
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Evacuation at Petrotrin
(Source: newsday.co.tt)
OVER 80 Petrotrin lab workers had to be evacuated after a storage tank containing a toxic liquid known as Naphtha emitted the dangerous gas Benzene on Monday morning. [Full Story]
URL: http://www.newsday.co.tt/business/0,89740.html
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