Barbados Central Bank governor wants tighter regulation
(Source: guardian.co.tt)
Barbados Central Bank governor Dr Marion Williams has said that fraudulent financial reporting and insider trading are signs of bad governance, but that excessive risk-taking and inappropriate incentive schemes should be added to the list. [Full Story]
URL: http://guardian.co.tt/archives/2008-08-27/business3.html
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Ansa Merchant Bank makes $71.4 million profit
(Source: guardian.co.tt)
Ansa Merchant Bank Ltds insurance companies international portfolios have not been spared from the turbulence in the overseas financial markets, Anthony Sabga, chairman emeritus of Ansa McAL, has reported in unaudited half-year results 2008. [Full Story]
URL: http://guardian.co.tt/archives/2008-08-27/business4.html
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200 hotel workers get walking papers
(Source: trinidadexpress.com)
HILTON Trinidad will no longer be able to provide jobs for more than 200 part-time employees before the week is over, human resource manager Jonathan Cumberbatch yesterday. [Full Story]
URL: http://www.trinidadexpress.com/index.pl/article_business?id=161368401
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Competition, upgrade hitting Hilton hard
(Source: guardian.co.tt)
State-owned Hilton Trinidad and Conference Centre is losing significant revenue due to competition from the newly opened Hyatt Regency Trinidad hotel in Port-of-Spain as well as having 296 of its 412 rooms out of commission for upgrade. [Full Story]
URL: http://guardian.co.tt/archives/2008-08-26/business1.html
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CWU: Hilton staff on breadline
(Source: newsday.co.tt)
President of the Communication Workers Union (CWU) Joseph Remy yesterday said Hilton Trinidad would be putting hundreds of non-permanent employees on the breadline as the hotel downsizes its staff due to decreasing revenue. [Full Story]
URL: http://www.newsday.co.tt/business/0,85062.html
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Energy Ministry Sandooffice to move to PoS
(Source: trinidadexpress.com)
The Ministry of Energy and Energy Industries' office in San Fernando is to be relocated to a new site in Port of Spain. [Full Story]
URL: http://www.trinidadexpress.com/index.pl/article_business?id=161368399
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TCL leads as the Cross Listed Index rises
(Source: newsday.co.tt)
Trinidad Cement Limited (TCL) started off the week as volume leader with 106,633 share exchanging hands for $1.01 million, while Guardian Holdings Limited (GHL) led in terms of value as 61,791 shares were traded for $1.79 million. National Commercial Bank Jamaica Limited (NCBJ) posted a trade volume of 82,009 shares and trade value of $151,806.65. [Full Story]
URL: http://www.newsday.co.tt/business/0,85063.html
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TCL leads as cross listed index rises
(Source: guardian.co.tt)
Trinidad Cement Limited started off the week as volume leader with 106,633 shares changing hands for $1.01 million, while Guardian Holdings Limited led in terms of value as 61,791 shares were traded for $1.79 million. [Full Story]
URL: http://guardian.co.tt/archives/2008-08-26/business2.html
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Hilton staff want meeting with Manning
(Source: guardian.co.tt)
President of the Communication Workers Union (CWU) Joseph Remy yesterday called for a meeting with Prime Minister Patrick Manning to discuss the fate of temporary workers at the Hilton Trinidad, St Ann's [Full Story]
URL: http://guardian.co.tt/archives/2008-08-26/business3.html
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Govt transport plan on track
(Source: newsday.co.tt)
THE MAJORITY of the infrastructure initiatives outlined in the 2007/2008 Budget seem to be on track ahead of the presentation of the 2008/2009 Budget by Finance Minister Karen Nunez- Tesheira in Parliament. [Full Story]
URL: http://www.newsday.co.tt/business/0,85064.html
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