Express Business Filler #1

SIXTY per cent of doctors surveyed in Trinidad and Tobago (T&T) believe in what is popularly known as bush medicine, a study by The University of the West Indies (UWI) has found. During his professorial inaugural lecture, The UWI pharmacology professor Dr Yuri Clement showed that documented science is catching up with T&T’s centuries-old herbal medicine traditions.

“People taking herbs were people who had higher levels of education,” Clement found in his studies conducted across the country at health centres and hospitals.

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This week, we at Bourse begin an analysis of several economic trends and consider what investors and the wider public might expect in the upcoming national budget carded for October 7.

KALLCO, the construction conglomerate headed by businessman Arvin Kalloo, has sold the majority stake it bought in the Lawrence Duprey-owned MotorOne to a Jamaican general insurance company.

Following is the text of the statement delivered in the Parliament yesterday by Finance Minister Colm Imbert in announcing that a company named Patriotic, wholly owned by the Oilfields Workers’ Trade Union (OWTU), has been chosen to purchase the Pointe-a-Pierre refinery, formerly Petrotrin.

DECISIONS to increase or implement new taxes are often met with protest and objection. But Port of Spain businesses are actually asking to be taxed.

THE FINANCIAL situation at the Sports Company of Trinidad and Tobago (SporTT) is dire.

FINANCE Minister Colm Imbert declared his interest to the House of Representatives when he piloted the Finance Bill No 2 in the House of Representatives on July 4, 2016.