Business

Director of Economics at the Caribbean Development Bank Dr Justin Ram.
Director of Economics at the Caribbean Development Bank Dr Justin Ram.

Time to replace TT dollar, remove VAT – Regional economist

Trinidad and Tobago Guardian – As food prices continue to skyrocket, coupled with high inflation, should T&T adopt similar measures as that of Barbados which saw the recent widening of its VAT-free basket of goods?

Venezuela digging in on crude for gasoline in deals with major European oil companies

In what is being seen as a practical decision dictated by the country’s prevailing economic circumstances, Venezuela’s state-run oil company PDVSA has reportedly thumbed its nose at what appeared to have been an earlier United States-brokered deal under which the South American oil giant would have restarted so-called oil-for-loan arrangements with two European oil companies, Italy’s Eni Spa and Spain’s Repsol SA.

New IDB-backed grant programme for Caribbean businesses

Caribbean entrepreneurs interested in expanding their existing businesses are being invited to apply for grants that are currently available through a programme jointly funded by Global Affairs Canada, the Department for International Development (DFID) in the United Kingdom, and the Inter-American Development Bank (IDB).

Stock Market Updates

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 980’s trading results showed consideration of $21,463,200 from 53,996 shares traded in 27 transactions as compared to session 979’s trading results which showed consideration of $1,691,928 from 3,640 shares traded in 7 transactions.

Stock market updates

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 976’s trading results showed consideration of $49,725,989 from 124,679 shares traded in 34 transactions as compared to session 975’s trading results which showed consideration of $11,207,335 from 29,419 shares traded in 14 transactions.

Stock Market Updates

Notes 1 – Interim Results  2 – Prospective Dividends 3 – Shows year-end EPS but Interim Dividend 4 – Shows Interim EPS but year-end Dividend EPS: earnings per share for 12 months period to the date the latest financials have been prepared.

Kitco Market Data

Gold Prices for the three day period ending Thursday July 14, 2022 Kitco is a Canadian company that buys and sells precious metals such as gold, copper and silver.

Stock Market Updates

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 975’s trading results showed consideration of $11,207,335 from 29,419 shares traded in 14 transactions as compared to session 974’s trading results which showed consideration of $7,777,822 from 22,816 shares traded in 17 transactions.

Kitco Market Data

Gold Prices for the three day period ending Thursday July 7, 2022 Kitco is a Canadian company that buys and sells precious metals such as gold, copper and silver.

Dr. Ashni Singh

Gov’t using July 6-9 DR forum to deepen Saudi investment interest here

Guyana’s ongoing pursuit of the externalisation of its effort to draw attention to its new-found position as a potential investment haven is set to continue this month with the country’s official participation in the July 6 to 8 Saudi-Caribbean Investment Forum which is being staged in Punta Cana, Dominican Republic, in collaboration with the Ministry of Investment of Saudi Arabia.

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