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Posts Tagged "lead-stories"
CLICO downgraded to ‘weak’
1014 days ago | 0 comment
Trinidad-based Colonial Life Insurance Company Limited (CLICO) has been downgraded by international credit rating agency AM Best while still remaining under review with negative implications, the ratings agency announced last Friday…
Continued [...]
Cement waiver upheld by CCJ – TCL ‘welcomes clarity’ of CET suspensions
1014 days ago | 0 comment
Trinidad Cement Company (TCL), the parent of seven firms involved in the production and sale of cement in the Caribbean, says it welcomes the clarification of the Common External Tariff (CET) suspension process within the region…
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Carib Cement sales grow as exports climb – Threatens to sue over local market share
1014 days ago | 0 comment
Still facing the prospect of further competition from imports, monopoly cement producer Caribbean Cement Company Limited’s domestic sales slumped in the June quarter but were offset by cement and clinker exports…
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Air Jamaica, NCB ratings also cut
1014 days ago | 0 comment
Standard & Poor’s has cut credit ratings on Air Jamaica and National Commercial Bank of Jamaica, bringing them in line, as its policy dictates, with Jamaica’s sovereign ‘CCC+’ rating on local and foreign currency [...]
Drastic spending cuts in July underscore fiscal dilemma
1014 days ago | 0 comment
Prime Minister Bruce Golding’s disclosure on Tuesday that the adminis-tration had, in the first four months of the fiscal year, spent $18 billion less than it projected suggests “savings” in July alone at nearly five times [...]
