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Hugh Howard, president of the American Chamber of Commerce of T&T (AmCham T&T), wants officials of state-owned Petrotrin to say how the company’s profit margins will be affected by sourcing crude oil from Russia and Colombia.

He raised the issue following reports that the company’s crude oil supplies will no longer be coming from Gabon in...

A prominent rating agency’s prediction of a drop in global oil prices could have serious implications for the T&T economy since the national budget is based on an oil price of US$80 per barrel (bbl) for West Texas Intermediate (WTI). London-based Fitch Ratings, in an analysis published yester

Central Bank says its injection of US$50 million into the banking system yesterday is “the first of a series of foreign exchange interventions strategically timed to ensure there is a consistent supply of foreign exchange to meet demands of the business community as the Christmas season draws nea

Overall market activity resulted from trading in nine securities of which two advanced, two declined and five traded firm. Trading activity on the first tier market registered a volume of 108,388 shares crossing the floor of the Exchange valued at $4,662,025.81. Massy Holdings Ltd was the volume

A meeting of international technology experts will consider the disruptive impact of the Internet on the telecommunications operators’ traditional business.

President of Haiti Michel Martelly, President of Guatemala Otto Perez Molina, US Deputy Secretary of Commerce Bruce Andrews and OAS Secretary General Jose Miguel Insulza are among the dignitaries in T&T for the VIII Americas Competitiveness Forum (ACF) which begins today at the Hyatt Regency

Just days after being downgraded by Standard & Poor’s (S&P) credit rating agency, Trinidad Cement Limited has been given the same treatment by Fitch Ratings. Yesterday Fitch’s primary analyst Phillip Wrenn said in a statement that cement company’s foreign and local currency issuer default

Overall market activity resulted from trading in eight securities of which two advanced, four declined and two traded firm. Trading activity on the First Tier Market registered a volume of 88,429 shares crossing the floor of the Exchange valued at $767,015. Sagicor Financial Corporation was the v

Standard & Poor’s (S&P) credit rating agency has downgraded Trinidad Cement Ltd (TCL), after the company, based at Claxton Bay in Trinidad, failed to make debt payments on September 30.

The Tobago Cold Storage and Warehouse Facility (Tcoswaf) celebrated its 10th anniversary recently at its Shaw Park complex. The occasion was used to commission an ice truck, an ice bin and three ice merchandisers to add to the 26 vehicles already in use across the island.

The Sustainable and Renewable Energy Incubator Project launched by the Arthur Lok Jack Graduate School of Business, University of the West Indies (UWI-ALJGSB) in partnership with Citibank (T&T) Limited and The National Gas Company of T&T (NGC), will reduce energy consumption and costs in

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