Business

Emile Elias loses Westmoorings lawsuit

Contractor Emile Elias has lost his over three decade long legal battle with a property developer over a townhouse community in Westmoorings.

Delivering a 24-page judgment at the Hall of Justice in Port-of-Spain yesterday morning, Appellate Judges Peter Jamadar, Gregory Smith and Andre Des Vignes dismissed Elias’ appeal over the decision of a High Court judge in 2013 to order him to pay Westmoorings Limited $1.2 million in compensation for delays in completing the project in the 1980s.

PM insists CAL performed "remarkably well" over Easter weekend; Nafessa disagrees

Prime Minister Dr Keith Rowley says Caribbean Airlines worked the airbridge "remarkably well" over the Easter weekend and added that it was wrong to say that Tobago was cut off from Trinidad.

This comes amid complains that hundreds were left stranded at the Crown Point airport for days awaiting a return to Trinidad.

Dr Rowley, who was in Tobago for the Easter weekend, told today's post-Cabinet news conference that there were 3,000 seats that were not used over the period.

MY EYE: Republic Bank workers protest

This photo was sent to us by Becca88 via the new CNC3 app.

Becca titled it, "Republic Bank Limited staff members protest in Port of Spain".

Becca says staff members of Republic Bank marched in protest in front of the Head Office on Park Street in Port of Spain this evening with signs, drums and whistles to display their displeasure with the current negotiations of salaries as the bank has offered a 6% increase over 3 years, broken down as first year 1%, second year 2%, and third year 3%.

There were marches in other branches today as well.

Republic Bank: Staff wages are among best in the country

Republic Bank is defending its position with regards to claims made by the Banking, Insurance and General Workers Trade Union that the bank is not offering descent wages to the workers.

The bank issued a statement on Thursday stating, among other things, that wages given to staff are among the best in the country.

The following is the bank's statement:

"Republic Bank Limited is currently in negotiations with the Banking Insurance and General Workers Union (BIGWU) for a new collective agreement related to its clerical staff.

OWTU, Petrotrin sign MOA on restructuring

A Memorandum of Agreement (MOA) has been established by the Oilfields Workers’ Trade Union (OWTU) and Petrotrin to establish a working committee to oversee the restructuring of the struggling oil company over the next 18 months.

At the OWTU’s Public Policy Breakfast Forum at Paramount Building, San Fernando, yesterday, the union’s president general Ancel Roget gave an assurance to Petrotrin workers and the public that the restructuring exercise will now be in good hands due to the union’s involvement.

NGC turns back on the gas at CNC

The National Gas Company of Trinidad and Tobago Limited (NGC) has announced that effective 2nd April, gas supply to Caribbean Nitrogen Company (CNC) has been resumed.

This comes on the heels of the signing of a new Gas Sales Agreement on April 1, 2018, between the two companies.

This Gas Sales Agreement followed several months of complex and intense negotiations by CNC and the NGC management team, who continued to work assiduously and professionally to secure a mutually acceptable agreement, resolving all outstanding issues between the parties.

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