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Tourism Minister Shamfa Cudjoe conducted the time honoured tradition of crest exchange with the captain of the MV Balmoral, Master Lars Kjelden, during the vessel’s maiden call to the Port of Port of Spain this week. Discussions are ongoing to rebuild the relationship for a renewed interest in Trinidad. Sister ships, however, continue to make calls to...

Friday, March 25, 2011

Overall market activity resulted from trading in nine securities of which two advanced, one declined and six traded firm. Trading activity on the first tier market registered a volume of 651,366 shares crossing the floor of the Exchange valued at $4,308,240.46. Angostura Holdings Ltd was the...

Friday, March 25, 2011

Petrotrin is moving to boost its oil production to capitalise on the upward swing of oil prices on the global market. Yesterday Energy Minister Carolyn Seepersad-Bachan revealed that Petrotrin is investing in wells to boost its oil production as oil prices continue to rally upward, closing near...

Friday, March 25, 2011

BRUSSELS—Europe’s debt market jitters flared up again yesterday as investors worried about the near-term fates of Portugal and Ireland, an ill omen on the eve of a summit where EU leaders plan to complete their crisis-fighting plan. Investors doubt the two countries, embroiled...

Friday, March 25, 2011

Tobago House of Assembly (THA) Chief Secretary Orville London says there are signs of improvement in Tobago’s tourism sector, which has been under significant pressure in recent years. London was commenting on statistics from UK and European tour operators and Condor and Virgin airlines...

Thursday, March 24, 2011

BANGALORE—Billionaire Warren Buffett yesterday said he is looking to invest in large countries like India, China and Brazil, but added that restrictions on foreign ownership in India’s insurance industry could be a deterrent. Buffett also said the US economy was improving and that the...

Thursday, March 24, 2011

FRANKFURT—The US debt situation is at a “tipping point,” Dallas Federal Reserve Bank President Richard Fisher said yesterday, and urged the US central bank to refrain from any further stimulus measures. “If we continue down on the path on which the fiscal authorities put us, we...

Thursday, March 24, 2011

Abel Building Solutions (ABS) chairman Gerry Brooks is renewing the call for the Government to implement the required legislation and framework to support the strengthening of the building code of T&T. Pointing to the recent Japanese earthquake and tsunami tragedy, Brooks...

Tuesday, March 22, 2011

Overall Market activity resulted from trading in 14 securities of which two advanced, one declined and 11 traded firm. Trading activity on the First Tier Market registered a volume of 295,806 shares crossing the floor of the Exchange valued at $2,497,848.97. Jamaica Money Market...

Wednesday, March 23, 2011

NEW YORK — Oil prices rose more than one per cent on yesterday as UN-mandated airstrikes on Libya and spreading protests and unrest in the Middle East reinforced concerns about potential threats to oil supply from the region. Unrest flared again in the Middle...

Wednesday, March 23, 2011

The verdict is not yet out but already there are mixed reviews about Tobago being the host of the 2011 Miss World Pageant, to be held in December. At a time when just about every sector is clamouring for wage increases, some argue that the public’s purse should not be used to host a beauty...

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