Nasdaq building

TRINI FLAVOUR: Prime Minister Dr Keith Rowley stands in the middle of a group of Trinbagonians in front of the Nasdaq building in Times Square in Manhattan, USA, which was bedecked with the T&T flag, just after Rowley rang the bell to signal the start of trading yesterday. On the prime minister’s left is Foreign Minister Dennis Moses and to his right is T&T’s Permanent Representative to the United Nations, Ambassador Pennelope Beckles.

PRIME Minister Dr Keith Rowley reiterated yesterday that he saw himself as T&T’s number one salesman with the responsibility to present the best of this nation to the world.

“In so doing we expect to be respected and to advance ourselves as a people to be taken seriously in all things and as a place in which to invest,” he told the Express, shortly after ringing the bell at the Nasdaq stock market in Manhattan, New York, to signal the start of stock trading for the day.

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FINANCE Minister Colm Imbert says T&T has received a “favourable” rating from the US credit rating agency Fitch Ratings.

Increases in food prices have been minimal under the People’s National Movement (PNM), with prices going down for certain items in contrast to the large increases under the Kamla Persad-Bissessar administration.

SAGICOR Financial Corporation is paying nothing to CLICO and British American Trinidad to acquire their tradition insurance portfolios, worth over $8 billion, as the regional insurance company is acquiring insurance liabilities that have a greater value that the total investment assets that are to be transferred to Sagicor.

CLICO has not made a current, formal offer to sell its Methanol Holdings International Ltd (MHIL) shares to the methanol producer’s minority shareholder, Consolidated Energy Ltd.

IT IS one of the most incentivised sectors, yet T&T’s agriculture industry isn’t attracting new farmers. Furthermore, food production has not increased. Last week, in delivering his 2020 budget, Finance Minister Colm Imbert said the Government would remove all taxes and duties on inputs for the industry.