Agos­ti­ni Ltd yes­ter­day an­nounced that it pro­pos­es to ac­quire shares in Pres­tige Hold­ings Ltd through a share swap of­fer, un­der which Pres­tige share­hold­ers will re­ceive one Agos­ti­ni share for every 4.8 PHL shares held.

A de­vel­op­ment econ­o­mist, Attzs in a wide-rang­ing in­ter­view, shared with the Sun­day Busi­ness Guardian the crit­i­cal ar­eas of con­cern she in­tends to bring to Par­lia­ment.

Ma­jor­i­ty state-owned Na­tion­al Flour Mills is mon­i­tor­ing the on­go­ing in­ter­na­tion­al tar­iff sit­u­a­tion but is work­ing to keep flour af­ford­able for the broad­er pub­lic.

Af­ter 60 years op­er­at­ing in T&T, Citibank re­mains con­fi­dent that this coun­try‘s mar­ket re­mains prof­itable for the bank, which is part of a multi­na­tion­al, fi­nan­cial ser­vices cor­po­ra­tion head­quar­tered in New York.

Is­rael’s at­tacks on Iran’s nu­clear fa­cil­i­ties yes­ter­day has led to in­creas­es of more than sev­en per cent in the in­ter­na­tion­al price of crude oil.

For­mer chief labour of­fi­cer at the Min­istry of Labour and now in­dus­tri­al re­la­tions con­sul­tant, Sabi­na Gomez, is as­sur­ing both em­ploy­ers and trade unions that the use of Ar­ti­fi­cial In­tel­li­gence (AI) in the world of busi­ness and in­dus­tri­al re­la­tions is a re­al­i­ty and will trans­form the old way of do­ing busi­ness.

Do­mes­ti­cal­ly, eco­nom­ic ac­tiv­i­ty will be but­tressed by the sta­bil­i­sa­tion of en­er­gy sec­tor out­put and mod­est ex­pan­sion of the non-en­er­gy sec­tor over the short to medi­um-term.

This is the third edi­tion of a sev­en-part se­ries fea­tur­ing sec­ondary school stu­dents pro­vid­ing their thoughts on En­vi­ron­men­tal, So­cial, and Gov­er­nance (ESG) is­sues as part of the HAR­CON Na­tion­al Youth Sus­tain­abil­i­ty and ESG Pi­lot Project

An­na Hen­der­son has been named as the new pres­i­dent of the Amer­i­can Cham­ber of Com­merce of Trinidad and To­ba­go (Am­cham T&T).

The new board of ma­jor­i­ty State-owned Telecom­mu­ni­ca­tions Ser­vices of T&T (TSTT) was in­stalled yes­ter­day, sources told Guardian Me­dia.

In the May 29 edi­tion of the Busi­ness Guardian, in this space, I wrote a com­men­tary head­lined, “Can Kam­la ex­pose ‘forex dis­tri­b­u­tion car­tel?” which ad­dressed com­ments made at the post-Cab­i­net news con­fer­ence on May 15 by Prime Min­is­ter Kam­la Per­sad-Bisses­sar. At that news con­fer­ence, Mrs Per­sad-Bisses­sar said that she had man­dat­ed three of her min­is­ters—Min­is­ter of Fi­nance, Dav­en­dra­dath Tan­coo, Min­is­ter of Plan­ning, Eco­nom­ic Af­fairs and De­vel­op­ment, Kennedy Swarats­ingh and Min­is­ter of Trade, In­vest­ment, and Tourism, Satyaka­ma “Ka­ma” Ma­haraj—to pro­duce a re­port on for­eign ex­change dis­tri­b­u­tion and leak­age over the past 10 years.

In 2024, there were four ma­jor pro­duc­ers of nat­ur­al gas in T&T, name­ly bpTT, Shell, EOG Re­sources and Wood­side. To­geth­er these com­pa­nies pro­duce about 95 per cent of the coun­try’s nat­ur­al gas. Al­most all of this comes from off­shore fields pre­dom­i­nant­ly off the east of Trinidad and north coasts of T&T.