Home Tag "Trinidad And Tobago"

Ansa’s Berger Caribbean Acquisition Not Expected To Include Berger Brand And Related Intellectual Properties -Antonio

Group Chairman and CEO of the ANSA McAL Group of Companies, Norman Sabga has indicated that his acquisition of Berger Paint’s operations in the Caribbean will further enhance the group’s position in the Caribbean architectural coatings market. Through this acquisition, we hope to address an expanded customer base with a broader suite of product offerings […]

Negotiations Far Advanced With Motor-Vehicle Manufacturer To Operate Out Of Special Economic Zone – Seaga

ANSA McAL Group To Acquire Berger Paints Jamaica, Barbados & Trinidad

Berger Paints Jamaica Ltd. (BRG) has advised that on June 16 16, 2017, it received a notice that Ansa Coatings International Limited (ACIL), a subsidiary of the ANSA McAL Group (“ANSA McAL”) has entered an agreement with Berger International Private Limited (BIPL), the parent company of Lewis Berger (Overseas Holding) Limited (a company incorporated in UK) […]

Negotiations Far Advanced With Motor-Vehicle Manufacturer To Operate Out Of Special Economic Zone – Seaga

Trinidad and Tobago Economy Continues To Adjust Slowly From The Decline In International Energy Prices Since 2014

Trinidad and Tobago Central Bank Governor Alvin Hilaire said this week that the domestic economy continues to adjust slowly to the terms of trade shock, as a result of the decline in international energy prices since 2014. This has translated into a reduction in foreign exchange inflows and an erosion of fiscal buffers. The resulting […]

Negotiations Far Advanced With Motor-Vehicle Manufacturer To Operate Out Of Special Economic Zone – Seaga

Scotia Investments Jamaica Limited To Be Delisted?

Scotia Investments Jamaica Limited has received a formal proposal from its parent company, Scotia Group Jamaica Limited to initiate a Scheme of Arrangement to take Scotia Investments private by cancellation of the shares held by all the minority shareholders at a price of J$38.00 per share. Under the proposal, shareholders whose shares are listed on […]

Connected Parties In Derrimon Trading And Caribbean Producers Jamaica Sell Off Significant Portions Of Their Holdings

Jamaica Money Market Brokers To Now Operate As JMMB Investments – Stimpson

Jamaica Money Market Brokers Limited (JMMB Ltd), a subsidiary of the JMMB Group, has announced that it has registered a new business name, JMMB Investments. This new business name became effective on May 1, having received the certificate of registration from the Companies Office of Jamaica. The company’s legal name (Jamaica Money Market Brokers Limited) […]

Negotiations Far Advanced With Motor-Vehicle Manufacturer To Operate Out Of Special Economic Zone – Seaga

Trinidad Market In A Very Depressed Economic Condition And Barbados Continues To Be Quite Depressed With A High Level Of Uncertainty – Thomas

Dawn Thomas chief executive officer of One Caribbean Media has reported to shareholders at their annual general meeting in Port of Spain, that the Trinidad market continues to be in a very depressed economic condition and the Barbados market continues to be also quite depressed with a high level of uncertainty.  She is however confident […]

Negotiations Far Advanced With Motor-Vehicle Manufacturer To Operate Out Of Special Economic Zone – Seaga

Strong Performance Driven By Solid Growth In Core Business Lines Combined With Lower Expenses – Schnoor

Scotiabank Trinidad and Tobago Limited (Scotiabank) last week reported net income after taxation of $333 million for the six months ended 30 April 2017, an increase of $25 million or 8% over the comparative period in 2016. Earnings per share increased to 188.7c with return on equity and return on assets improving to 17.49% and 2.83% […]

Connected Parties In Derrimon Trading And Caribbean Producers Jamaica Sell Off Significant Portions Of Their Holdings

Economic Headwinds Continuing To Impede Growth In T&T, Impacting Negatively Purchasing Power Of Consumers.

Pablo Garrido, Chairman of Unilever Caribbean Limited is reporting that the company faced a very challenging Q1 2017, with economic headwinds continuing to impede growth in the Trinidad and Tobago market, impacting negatively the purchasing power of consumers. Inflation has also strengthened as a result of rising costs and the continued effects of the foreign […]

Negotiations Far Advanced With Motor-Vehicle Manufacturer To Operate Out Of Special Economic Zone – Seaga

Unilever Caribbean reported 60% decline in profit after tax to $3.8 million from $9.6 million for the first quarter of 2017.

Senior Executives at Unilever Caribbean are citing issues related to startup costs in its capital expenditure programme, higher inflation as a result of rising costs and the continued effects of the foreign exchange shortage for the company’s reported 60% decline in profit after tax to $3.8 million from $9.6 million for the first quarter of […]

Negotiations Far Advanced With Motor-Vehicle Manufacturer To Operate Out Of Special Economic Zone – Seaga

Banks Holdings Reporting Improved Market Share, Export Volumes And Financial Performance In 2016, Following A Year Of Uncertainty.

Outgoing Chief Executive Officer and Managing Director of Banks Holdings Limited, Richard Cozier, is reporting improved market share, export volumes and financial performance in 2016, following a year of uncertainty. Mr. Cozier attributed this mainly to the company’s long-standing brand legacy and policies implemented years ago. Banks Holdings Limited and subsidiaries was the successful target […]

Negotiations Far Advanced With Motor-Vehicle Manufacturer To Operate Out Of Special Economic Zone – Seaga

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