Express Business Filler #1

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. While SFC experienced meaningful growth from insurance operations, GHL’s performance driver was investment income, mainly from the US and Jamaican markets.

Sagicor Financial Corporation Limited (SFC) SFC reported Total Diluted Earnings per Share (EPS) of TT$0.58 for the six-month period ended June 30th 2019, a 7.5 per cent improvement in the prior comparable period. Diluted EPS from Continuing Operations improved 21.7 per cent year-on-year (YoY)in HY 2019.

Get caught up with news from the news leader
Subscribe now and get access to the Trinidad Express E-paper


THE Trinidad and Tobago Manufacturers Association (TTMA) is, from today, starting a relief drive to aid the Bahamas, which has been battered by Hurricane Dorian.

“Local contractors and consultants who compete with foreign companies should be provided with the same or equivalent benefits as enjoyed by those foreign companies and should be protected from unfair competition through matters such as soft loans.”

ECONOMIC downturn in the Trinidad and Tobago (T&T) market since 2014 and 2015 is driving the agenda of Nestle in the Caribbean region, says the global food giant’s head of market in the Anglo Dutch Caribbean, Patricio Torres.

A working paper, published last month on the Central Bank’s website, looks at the possibility that Public-Private Partnerships could be a means by which T&T can finance infrastructural development in a challenging economic environment. 

PRIME Minister Dr Keith Christopher Rowley’s amnesty has attracted thousands of undocumented Venezuelans to take advantage of freedom from deportation and a one-year work permit for those who registered between May 31 and June 14, no matter their legal status.