Express Business Filler #1

TWO more organisations have called for the postponement of the proposed amendments to the Freedom of Information Act Chap 22:02, due to the lack of public consultation. In a statement yesterday, the Chaguanas Chamber of Industry and Commerce (CCIC) said there had been no consultation with stakeholders on the introduction of the proposed legislation in Parliament.

The CCIC said it was especially concerned by the extended time frame for access to important information from the State and the role of the Attorney General in dealing with applications for the request of information.

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This week, we at Bourse take a look at the financial performance of two major players in the Non-Banking Finance sector: Sagicor Financial Corporation Limited (SFC) and Guardian Holdings Limited (GHL), for the six-month period ended June 30th, 2019. 

LAST week saw 1,346,042 shares traded on first tier market, a decrease of 14.24 per cent on the previous week’s total of 1,569,519 shares crossing the floor. The value of the shares traded was up by 15.62 per cent to $14,347,690.73 from the previous week’s value of $12,409,110.29.

Thanks but no thanks. Wheel and come again. This is the message president of the Public Services Association Watson Duke has sent to UNC political leader Kamla Persad Bissessar, who on Tuesday called for unity with the trade union movement, ahead of next year’s general election.

THE Chief Executive Officer of the Heritage Petroleum Company Mike Wylie has taken leave of absence from the job on medical grounds. This was confirmed by chairman of Trinidad Petroleum Holdings Company (TPH) Wilfred Espinet, who said the CEO was on sick leave.