methanol holdings--plant

One of the methanol plants owned by methanol holdings (trinidad) ltd, the sister company of the oman-based methanol holdings (international) ltd, that is to be monetised to reduce the debt to the government resulting from the 2009 collapse of the insurance company.

Prime Minister Dr. Keith Rowley says the presence of multinational oil and gas giant, Royal Dutch Shell, in Trinidad and Tobago is a major signal to other investors that this country is a good place to invest.

“Not just from the point of view of the culture and the stability, but from the point of view of the nature of the projects in which the investments are made,” he said yesterday.

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AFTER deliberating on the First Citizens Initial Public Offering (IPO) for more than 19 months, Director of Public Prosecutions, Roger Gaspard, concluded that there was “insufficient evidence” from an investigation conducted internally by a team from the Trinidad and Tobago Securities and Exchange Commission (TTSEC) “for a realistic prospect of conviction for any offence under the Securities Act Chapter 83.02.”

HIGH fuel costs and traffic congestion are causing more people to purchase motorcycles for travelling short distances.

AGREEMENT has been reached between Minister of Finance Colm Imbert and the T&T Chamber of Industry and Commerce that will allow local businesses to get cash for the billions of dollars in Value-Added Tax refunds owed to them by the end of next month.

SOME 50 exporters across 13 sectors have received about US$21 million to purchase raw materials and other inputs, in the facility established by the Government and executed by T&T’s EXIMBank to ease access to foreign exchange.

REGULATORY compliance is essential to the orderly functioning of the securities market. Registrants registered with the Commission should establish effective policies, operational procedures and controls in relation to their day-to-day business activities in order to ensure compliance with all relevant regulatory and legal requirements.