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.

Wednesday, May 10, 2017

ANSA Merchant Bank has recorded after-tax profits of $68.8 million for the first three months of its financial year ended March 31.

This figure represents a 144 per cent increase year on year when after tax profits stood at $28.1 million for the same period in 2016.

Wednesday, May 10, 2017

Local beverage manufacturer SM Jaleel Company Limited has won its lawsuit against the Government of Guyana over that country’s imposition of an environmental tax applied to products packaged using non-recyclable material imported into Guyana.

Tuesday, May 9, 2017

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

Trading activity on the first tier market registered a volume of 93,650 shares crossing the floor of the Exchange valued at $1,635,497.57.

Tuesday, May 9, 2017

Prime Minister Dr Keith Rowley says “it is wrong to say that TSTT has been acting without Cabinet’s knowledge and consent,” when it entered into a $255 million dollar Share Purchase Agreement with Massy Communications, a subsidiary of the Massy Holdings conglomerate.

Sunday, May 7, 2017

Irish-owned, Caribbean mobile phone group Digicel, is at an advanced stage of raising more than US$1 billion (€920 million) of debt to refinance borrowings that fall due over the next two years, the Irish Times reported on Saturday.

Saturday, May 6, 2017

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

Saturday, May 6, 2017

Former Energy Minister Conrad Enill says majority, state-owned telecommunications provider TSTT should have received the approval of the Minister of Finance before making the $255 million acquisition of Massy Communication, the broadband and HD TV subsidiary of local conglomerate, Massy Holdings...

Wednesday, May 3, 2017

Trade Minister Paula Gopee-Scoon admitted that T&T has “numerous” trade-related challenges and there was need for more support for exporters, since increased trade has the potential to grow T&T’s economy.

Wednesday, May 3, 2017

Overall market activity resulted from trading in 11 securities of which two advanced, one declined and eight traded firm.

Trading activity on the first tier market registered a volume of 495,227 shares crossing the floor of the Exchange valued at $2,038,174.62.

Wednesday, May 3, 2017

First Citizens Bank has recorded an after tax profit of $347.8 million for the first six months of its financial year ended March 31, 2017.

This figure represents a 4.3 per cent increase compared to the same period in 2016.

Pages