Claire Fitzpatrick

HERITAGE CEO: BPTT regional president Claire Fitzpatrick, left, greets newly-appointed Heritage Petroleum Company Ltd CEO Arlene Chow at Wednesday’s presentation of the BP Statistical Review of World Energy 2019 at Hyatt Regency, Port of Spain.

OPPOSITION MP Dr Roodal Moonilal says the way in which Arlene Chow, interim chief executive officer at Heritage Petroleum Company Ltd, was hired is suspicious and could be illegal.

“We have nothing against Arlene Chow, we don’t know this goodly lady, we cannot say anything bad about her, some of us don’t even know what she look like, in fact she could be sitting down here now, we don’t know her,” said Moonilal as he made it clear that at issue is the process used to hire Chow.


This week, we at Bourse review the performance of two companies within the Manufacturing Sector – West Indian Tobacco Company Ltd (WCO) and Angostura Holdings Ltd (AHL) – for the nine-month( 9m) period ended September 30, 2019. Both WCO and AHL’s performances benefited from modest revenue growth, combined with measurable cost management. We discuss the performance of both companies and provide an outlook.

In many cultures, time is not regarded as something successive, but as a circular phenomenon. Although the conventional European concept of history is sequential—that time is linear, just one thing after another until you die—subconsciously we know it is not. It is circular. “What goes round, comes round,” the old people used to say from wry experience.

REPUBLIC Financial Holdings Ltd (RFHL) ended its 2019 financial year with a profit of $1.58 billion, an increase of $258.3 million or 19.5 per cent over the previous year.