Express Business Filler #1

The University of the West Indies and Lake Asphalt have signed a licence agreement that will see Lake Asphalt commercialising two “superior” asphalt-based products developed by the university.

The two products are plastic cement and a primer. They were developed by a team at The UWI’s Faculty of Science and Technology. According to The UWI Pro Vice-Chancellor, Prof Brian Copeland, 12 years of research and development went into the products.

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LAST week saw 1,346,042 shares traded on first tier market, a decrease of 14.24 per cent on the previous week’s total of 1,569,519 shares crossing the floor. The value of the shares traded was up by 15.62 per cent to $14,347,690.73 from the previous week’s value of $12,409,110.29.

Thanks but no thanks. Wheel and come again. This is the message president of the Public Services Association Watson Duke has sent to UNC political leader Kamla Persad Bissessar, who on Tuesday called for unity with the trade union movement, ahead of next year’s general election.

THE Chief Executive Officer of the Heritage Petroleum Company Mike Wylie has taken leave of absence from the job on medical grounds. This was confirmed by chairman of Trinidad Petroleum Holdings Company (TPH) Wilfred Espinet, who said the CEO was on sick leave.

SUNWING Travel Group, the Toronto, Canada-headquartered tour operator, is proposing to invest at least US$100 million ($680 million) in Tobago to create a 325-room, all-inclusive resort in the location on Courland Bay on Tobago’s east coast, which was once occupied by Turtle Beach Resort.