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Business

Costa Rica’s ambassador to T&T, Lilly Edgerton Picado, says her country wants to forge closer ties with T&T, beginning with tighten security in the Caribbean through the signing of a security treaty.

Saturday, January 29, 2011

President of the Inter-American Development Bank (IDB) Luis Alberto Moreno will deliver a special feature address at the Trinidad and Tobago Energy Conference which runs from February 7-9, at the Hyatt Regency, Trinidad.

Saturday, January 29, 2011

The Central Bank yesterday announced that it was cutting the ‘repo’ rate to 3.5 per cent from 3.75 per cent, even though the country’s rate of inflation jumped to 13.4 per cent in December.

Sunday, January 30, 2011

NEW YORK/SAN FRANCISCO—Chevron Corp’s 72 per cent rise in quarterly profit easily beat Wall Street forecasts, but anemic growth in its oil reserves disappointed investors and its shares fell 1.5 per cent.

Sunday, January 30, 2011

Oil prices surged yesterday as thousands continued to riot against the government in Egypt, and unrest threatened to spread across the Middle East. Benchmark oil rose US$3.70, or 4.3 per cent, to settle at US$89.34 a barrel on the New York Mercantile Exchange.

Saturday, January 29, 2011

The Ministry of Trade and Industry (MTI) announced yesterday that the Common External Tariff (CET) will remain suspended on soya bean oil, personal protective equipment and refined sugar until the end of this year. The CET on frozen french fries remains in place until December 31, 2012.

Saturday, January 29, 2011

President of the Inter-American Development Bank (IDB) Luis Alberto Moreno will deliver a special feature address at the Trinidad and Tobago Energy Conference which runs from February 7-9 at the Hyatt Regency, Trinidad.

Friday, January 28, 2011

Overall market activity resulted from trading in ten securities of which three advanced, none declined and seven traded firm. Trading activity on the First Tier Market registered a volume of 445,509 shares crossing the floor of the Exchange valued at $5,130,811.62.

Friday, January 28, 2011

NEW YORK—Natural gas prices fell yesterday as winter headed into its final months with plenty of gas still on hand across the country. Natural gas futures for March gave up 18.2 cents, or 4 per cent, to settle at US$4.319 per 1,000 cubic feet on the New York Mercantile Exchange...

Friday, January 28, 2011

The Governments of Trinidad and Tobago and Ghana will be embarking on a joint venture to develop Ghana’s oil and gas industry.

Friday, January 28, 2011

Oil prices rose past US$87 a barrel yesterday, as investors focused on President Barack Obama's ideas for more jobs and overhaul corporate taxes. Benchmark oil for February delivery rose US$1.14 to settle at US$87.33 a barrel in afternoon trading on the New York Mercantile Exchange.

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