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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.

Wednesday, May 17, 2017

One of T&T’s top Internet experts has expressed concern that there may not be enough formal tracking of cybersecurity exploits in T&T, in the wake of last week’s WannaCry ransomware attack, which began on May 12 and quickly went global.

Wednesday, May 17, 2017

Overall market activity resulted from trading in 20 securities of which three advanced, four declined and 13 traded firm.

Wednesday, May 17, 2017

PORT OF SPAIN - Sixty one non governmental organization’s (NGO) in Venezuela have blamed Trinidad’s state-owned oil company Petrotrin for the presence of crude oil residue found on the shores of the tourist island, Margarita.

Wednesday, May 17, 2017

Audit, tax and advisory services company, KPMG, is calling for legislation to be brought to the Parliament for the establishment of an Integrated Revenue Authority (IRA) so that the “weakness in tax administration in Customs and Excise as well as BIR can be addressed.”

Wednesday, May 17, 2017

A week after seven business chambers threatened to boycott the use of credit card payments, they have retracted the call, saying they achieved what they wanted by meeting with the Bankers Association of T&T (BATT.)

Tuesday, May 16, 2017

Overall Market activity resulted from trading in 17 securities of which four advanced, six declined and seven traded firm.

Tuesday, May 16, 2017

Angostura has recorded profit after tax of $16.1 million for its first quarter ended March 31st 2017.

This represents a marginal uptick to the $15.9 million after tax profit that the company registered for the comparable period in 2016.

Tuesday, May 16, 2017

Finance Minister Colm Imbert yesterday slammed criticism by Economic Advisory Development Board chairman Dr Terrence Farrell concerning Government’s decision to give foreign exchange priority to manufacturers.

Tuesday, May 16, 2017

After two drawdowns of US$375 million in 2016 and US$250 million this year, respectively, the Heritage and Stabilisation Fund has largely recovered as a result of income the fund has earned.

Sunday, May 14, 2017

Inter-American Development Bank (IDB) economist Jeetendra Khadan says that the country should not expect any significant recovery of energy commodity prices for the foreseeable future, and as a result the private sector will have to play a greater role in leading any economic recovery for T&...

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