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Digicel chief executive Colm Delves said yesterday that the company will reduce its global workforce by about 25 per cent over the next 18 months or so, starting on March 1, Ash Wednesday.

“As such, the first step in this headcount reduction process will be the offer of an enhanced voluntary seperation programme, which will open on March 1,”...

Saturday, February 18, 2017

Overall market activity resulted from trading in 12 securities of which four advanced, two declined and six traded firm.

Trading activity on the first tier market registered a volume of 88,808 shares crossing the floor of the Exchange valued at $1,260,008.21.

Saturday, February 18, 2017

Central Bank Governor Dr Alvin Hilaire says the existing bank fees and interest rates on consumer loans are determined by competition in T&T. He said interest rates on deposits and on loans have decreased internationally and to some extent in T&T.

Saturday, February 18, 2017

There’s no need for an extension of the CL Financial (CLF)shareholders’ agreement with Government since shareholders have presented Government with a plan to get back their companies and settle the debt to the government from bailing out, says Dalco spokesman Carlton Reis.

Wednesday, February 15, 2017

Government owes local contractors in excess of $4 billion and the major culprit, according to the T&T Contractors Association (TTCA), is the Estate Management and Business Development Company Limited (EMBD).

Wednesday, February 15, 2017

Angostura Holdings Limited announced yesterday that Genevieve Jodhan has been confirmed as the company’s Chief Executive Officer, a position that she had been acting in since September 2016.

Wednesday, February 15, 2017

Chairman of the Economic Advisory Board of T&T, Dr Terrence Farrell said yesterday that trends are showing that there is income inequality in T&T and this can be bad for the domestic economy. He said globalisation has even worsened income inequality.

Wednesday, February 15, 2017

Overall market activity resulted from trading in 11 securities of which five advanced, four declined and two traded firm.

Trading activity on the first tier market registered a volume of 538,719 shares crossing the floor of the Exchange valued at $17,592,946.93.

Wednesday, February 15, 2017

Overall market activity resulted from trading in 12 securities of which two advanced, four declined and six traded firm.

Trading activity on the first tier market registered a volume of 144,155 shares crossing the floor of the Exchange valued at $819,907.31.

Wednesday, February 15, 2017

Oil prices settled higher yesterday as evidence that OPEC oil producers fulfilled their pledge to hold back production in January helped prices to recoup some of their recent losses.

Wednesday, February 15, 2017

The auction by the Government of T&T for a $1 billion bond was oversubscribed, with the total bids received amounting to $1.41 billion, according to a notice on the Central Bank’s website yesterday.

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