Anthony Wilson

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ONE of Trinidad and Tobago’s senior banking executives has confirmed that most of the automated teller machines (ATMs) in the local banking system are not currently configured for polymer notes.

HIGH COURT Justice Kevin Ramcharan, in September 2019, aborted an attempt by CL Financial subsidiary, Home Construction Ltd (HCL), to sell two highly coveted pieces of prime commercial real estate, following an objection to the lack of transparency and the failure to properly advertise the properties in the initial sales process by one of CL Financial’s joint liquidators, David Holukoff of the accounting firm, Grant Thornton.

IN AN inconspicuous building set back in a compound on Boundary Road Extension in San Juan is a local start-up that is attempting to add greater value to the non-energy manufacturing sector by providing T&T’s snack, beverage, dry food industry with an end-to-end packaging solution.

JUST over three years old and already one of the fastest growing fintech companies in the region, T&T-based digital payment solutions company, WiPay, is already thinking of going public, by listing its shares on a stock market next year.

A DRAFT Tobago medium-term policy framework, from a team chaired by economist Dr Terrence Farrell, has recommended the establishment of up to three all-inclusive resorts as one of its key initiatives to drive Tobago’s development in the next four years.

IN the last fortnight, two Canadian banks concretised the perception that the interest of banks from that country in the Caribbean region is definitely waning, if not coming to an end.

INDUSTRIAL action, low productivity rates and work-quality issues among some civil works contractors have contributed to the delay in the scheduled completion of the Caribbean Gas Chemical Ltd (CGCL) plant on the Union Industrial Estate in La Brea, a company official told Express Business last week.

ONE day last week—it must have been Tuesday, my offday—I was flipping through the newsroom of the T&T Stock Exchange website, when I came across a notice that read: “The Trinidad and Tobago Stock Exchange Limited (TTSE) received notice from Massy advising that a shareholder connected to a director purchased 109,273 Massy shares on October 21, 2019.” That’s interesting, I thought to myself, as I headed directly to the pulldown menu that allows viewers to get all of the recent notices of the companies listed on the local stock exchange.

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.

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