Wednesday, July 15, 2015

Business

111,000 airline seats for Tobago route

Jul. 15, 2015, 12:12 AM AST Comments

Caribbean Airlines chief executive officer, Michael DiLollo, has announced an increase in the number of domestic flights to Tobago, with 111,000 seast available in August.


How the Iran nuclear deal affects T&T’s economy

Jul. 15, 2015, 11:50 AM AST Comments

By Sue-Ann Wayow - The deal between the United States and Iran allowing for the lifting of oil and financial sanctions in exchange for cutbacks on Iran’s nuclear weapons, means Trinidad and Tobago and the rest of the world will have to continue dealing with lower oil prices.


How the Iran nuclear deal affects T&T’s economy

Jul. 15, 2015, 11:48 AM AST Comments

By Sue-Ann Wayow - The deal between the United States and Iran allowing for the lifting of oil and financial sanctions in exchange for cutbacks on Iran’s nuclear weapons, means Trinidad and Tobago and the rest of the world will have to continue dealing with lower oil prices.


Roget claims: Gov’t wants new Petrotrin president before elections

Jul. 14, 2015, 10:17 PM AST Comments

Oilfield Workers Trade Union (OWTU) president general, Ancel Roget, has accused the Kamla Persad-Bissessar-led Peoples Partnership Government of moving to install a new president at State-owned Petrotrin before the September 7 general election.He claimed that qualified applicants were being overlook



Airlines carve US into markets dominated by 1 or 2 carriers

Jul. 14, 2015, 3:51 PM AST Comments

DALLAS (AP) — The wave of consolidation that swept the U.S. airline industry has markedly reduced competition at many of the nation's major airports, and passengers appear to be paying the price in higher fares and fees, an Associated Press analysis has found.


TSTT's mobile revenue up $74m

Jul. 13, 2015, 8:43 PM AST Comments

Although its revenue decreased year-on-year in fiscal 2015, Telecommunications Services of Trinidad and Tobago (TSTT) posted a 77 per cent higher revenue than Digicel in the same period. TSTT has more subscribers than Digicel as it offers both fixed line and mobile services.


Stallion IPO fails to attract subscribers

Jul. 13, 2015, 8:10 PM AST Comments

By Leah Sorias—Stallion Property Trust’s initial public offering (IPO) has flopped. The IPO, which was opened on May 18, failed to get sufficient subscribers when it closed last Friday.


WASA to use CNG-powered vehicles

Jul. 13, 2015, 12:39 AM AST Comments

WASA and the National Gas Company (NGC) CNG Company Limited last Wednesday signed a Memorandum of Understanding (MOU) that formalised an agreement between the two state entities



NEL bounces back, AHL Q1 review

Jul. 12, 2015, 8:14 PM AST Comments

This week we at Bourse review the most recent financial performance of National Enterprises Limited (NEL) and Angostura Holdings Limited (AHL). While NEL’s share price has declined by 1.3 per cent year-to-date, Angostura Holdings—a mainstay of the manufacturing sector—has advanced by 3 per cent as a


Not good enough

Jul. 10, 2015, 7:53 PM AST Comments

Not good enough. That is how Tobago House of Assembly (THA) Chief Secretary Orville London feels about the current service on the air and sea bridges.