You are here

Business

Business

ANSA Merchant Bank was able to increase its net operating income by 8 per cent for the year ending December 31, 2016—even though the local economy contracted last year. The profit before tax also increased from $297 million in 2015 to $322 million in 2016, for a year-over-year increase of 8.4 per cent, which is the second highest in its history.

Sunday, May 14, 2017

Point Lisas-based ammonia producer Trinidad Nitrogen Company Ltd (Tringen) on Thursday reported a 58 per cent decline in its profit after tax for the year ended December 31, 2016, with its profit after tax of $114.6 million in 2016 compared with $273.7 million in 2015.

Saturday, May 13, 2017

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

Saturday, May 13, 2017

The unemployment rate for T&T declined to four per cent in the third quarter of 2016 from 4.4 per cent in the second quarter, according to the Central Statistical Office’s (CSO) Labour Force Survey.

Saturday, May 13, 2017

Mitchell De Silva, new president of the American Chamber of T&T (AmCham), believes that the Government should have as little intervention in the economy as possible especially as it relates to the allocation of foreign exchange.

Thursday, May 11, 2017

T&T is not doing as badly as it was about one year ago.

Thursday, May 11, 2017

Finance Minister Colm Imbert said yesterday that property taxation revenue is an important component of national income “which has been postponed for the last seven years. It’s estimated Government lost over $2.5 billion in property taxation since 2009.”

Thursday, May 11, 2017

Overall market activity resulted from trading in 15 securities of which three advanced, four declined and eight traded firm.

Thursday, May 11, 2017

State-owned Petrotrin has started increasing its crude production from 41,000 barrels per day in February this year to 46,438 barrels per day at the end of April, President Fitzroy Harewood revealed yesterday.

Wednesday, May 10, 2017

Petrotrin President Fitzroy Harewood admits that the state-owned company is too reactive when it comes to safety saying it would cost approximately $16 billion over the next four years to repair Petrotrin’s aging infrastructure.

Wednesday, May 10, 2017

Overall market activity resulted from trading in 12 securities of which three advanced, five declined and four traded firm.

Trading activity on the first tier market registered a volume of 323,095 shares crossing the floor of the Exchange valued at $951,878.73.

Pages