Express Business Filler #1

This week, we at Bourse review the financial performance of Sagicor Financial Corporation Ltd (SFC) and Trinidad and Tobago NGL Ltd (NGL) for their first quarters ended March 31, 2019. While SFC’s earnings were weaker, progress on the Alignvest acquisition promises to provide additional value to Sagicor shareholders.

Meanwhile, investors’ reactions to a possible shutdown of Atlantic LNG Company of Trinidad and Tobago’s (ALNG) Train 1 has sent the price of NGL shares lower over the past two weeks.

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PRIME Minister Dr Keith Rowley has lauded the University of Trinidad and Tobago (UTT) for its role in national development. Rowley was speaking yesterday at the UTT’s second annual research symposium held at the university’s O’Meara campus.

IN the last four years Chinese tech firm, Huawei, has invested $272 million (US$40 million) in Trinidad and Tobago. “And we will continue to invest in developing this country because we have long-term plans for T&T,” pledged Jeff Jin, Huawei’s newly appointed chief executive officer for T&T and the Eastern Caribbean.

MACHEL Montano has been at the forefront of T&T’s musical genre, soca, since his sensational break-out as the a child who sang Too Young to Soca on the stage at the Queen’s Park Savannah in 1986. He is known throughout T&T, and in the Caribbean diasporas throughout the world, for his hyper-energetic stage performances and his multi-decade-long streak of producing a monster song for the road..

Sales numbers decline for many different reasons, which vary according to the industry or even the sales professional. But if people are really not buying, what should entrepreneurs, business owners, and sales executives be doing in the face of customers holding on to their wallets during an economic downturn?

THE 2018 Article IV consultation – press release and staff report—hereafter International Monetary Fund (IMF) country report—on the T&T economy, number 18/285, came out in September 2018. Under the Article IV of the IMF Articles agreement, the IMF holds bilateral discussions with its members.