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KINGSTOWN, St Vincent—The International Monetary Fund (IMF) says it is monitoring the potential impact any changes to PetroCaribe, Venezuela’s oil alliance with several Caribbean islands will have on regional economies. Analysts say the initiative, which allows countries to pay f

Floods that wreaked havoc in Mayaro and Manzanilla over the past week did not damage Petrotrin’s east Trinidad installations. “We were very fortunate,” the company’s president Khalid Hassanali told the T&T Guardian.

Overall market activity resulted from trading in 13 securities of which four advanced, two declined and seven traded firm. 

Digicel yesterday called on the Telecommunications Authority of T&T (TATT) to hold firm and withstand pressure from UK based Cable and Wireless Communications (CWC) and Columbus International Inc.

BRIDGETOWN, Barbados—The Royal Bank of Canada (RBC) has become the latest Canadian bank to cut its losses in the Caribbean, with confirmation that it will be shuttering its international wealth management business in the region, as well as several international advisory businesse

Overall market activity resulted from trading in 16 securities of which seven advanced, two declined and seven traded firm.

Shell, which has had a presence in T&T for 101 years, has had a good 2014 so far with strong safety and operational performance across its businesses, country chairman Luis Prado said on Wednesday evening.

An investment consortium comprising the National Insurance Board (NIB), National Enterprises Limited (NEL) and the Unit Trust Corporation (UTC) yesterday announced acquisition of the equity of Pan West Engineers & Constructors, LLC (Pan West) in Phoenix Park Gas Processors Limited for US$168

T&T’s 2014/2015 budget has been reworked with revenue calculated assuming a US$70 oil price, Minister of Finance and the Economy Larry Howai told CNC3 business reporter Judy Kanhai in an e-mail.

Overall market activity resulted from trading in ten securities of which none advanced, four declined and six traded firm.

Trading activity on the First Tier Market registered a volume of 136,262 shares crossing the floor of the Exchange valued at $1,492,122.90. 

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