Home' Trinidad and Tobago Guardian : August 30th 2014 Contents A24
Guardian www.guardian.co.tt Saturday, August 30, 2014
SALE AFTER LEVY
Sa rda 6 h Sep ember 2014 a 10 a.m.
LP. 161 Eas ern Main Road, Pe i Bo rg
NOTICE v t at I put up r a by pub c
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t d v d up r arr ar r t
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O W r p a r, O H tp t dry r, a
tc app a c , d r t, tc
utc , Fr da r 2-d r r d , qu - z
d va b d, t r bra d- DVD bur r , BBQ r ,
C t- dra r , c put r y t , HP pr t r, a d
t r t .
Dat d t 25t day Au u t 2014
T r : G d ar b d "a r "
G d b d ubj ct t t ra a d a d c ar
Pay t by ca t a t a r
(South, East & West)
Responsible for all sales activities in an assigned territory to achieve
sales target based on and/or market segment, expand customer base
and grow the market by effectively selling the company's products. Work
within the sales and support teams for the achievement of customer
satisfaction as it relates to product delivery, product quality and
General Job Duties & Responsibilities:
• Generate new business as well as maintain and serve existing
customers by establishing, developing and maintaining business
relationships in an assigned market segment.
Visit existing and prospective customers' regularly making person
to person presentations.
Assist the Sales Manager in the development of business plan to
Handle customer's complaints in a timely manner
Assist in the implementation of company marketing plan as needed.
Minimum 3 years sales experience in the food industry.
Must own your own vehicle.
Able to communicate effectively and persuasively to a high volume
of people throughout the workday.
Good knowledge and understanding of imported seafood products
will be an asset.
Strong customer relations and understanding of food service and
Proficient in using Microsoft Office Suite applications and contact
Closing date for applications: August 31st 2014. All applications with
detailed resumes should be addressed to:
THE OFFICE MANAGER
PO. BOX #1199
PORT OF SPAIN.
Or emailed to email@example.com 0826038
* Have a minimum of 5 CXC (O'level) passes
including Mathematics and English.
* Be a team player
* Be driven and have a proven track record
* Have excellent communication and
* Own a valid licence for a minimum of
5 years and a good working vehicle
* Sales experience would be an asset
Malaysia Airlines is to cut
6,000 staff as part of recovery
plan after being hit by two dis-
asters this year.
The reduction in staff numbers
represents around 30 per cent of
its workforce of 20,000.
The airline will become com-
pletely state owned, and a new
chief executive will eventually be
put in place.
Investigators continue to hunt
for flight MH370, the Kuala
Lumpur to Beijing flight which
went missing in March.
The MH17 air crash in eastern
Ukraine is also under investigation.
The plane was shot down on July
17, with the loss of all 298 people
The recovery plan will cost
about six billion Malaysian ringgit
(£1.1 billion, US$1.9 billion).
Khazanah Nasional, the state
investment company that owns a
69 per cent stake in the troubled
firm, will take 100 per cent own-
"The combination of measures
announced today will enable our
national airline to be revived," said
Khazanah's managing director
"Success is by no means guar-
anteed---while it is imperative that
MAS [Malaysia Airlines] as a crit-
ical enabler in national develop-
ment is revived, public account-
ability for the use of the funds
mean that it cannot be renewed
at any cost," he added.
Long-haul routes will be
slashed, and the airline aims to
return to profitability by 2018.
Malaysia Airlines warned yes-
terday it had seen a sharp decline
in weekly bookings following the
two air disasters.
However, the company has been
in trouble over the past few years,
and has lost billions of ringgit in
The firm will be completely
delisted from the Bursa Malaysia
stock exchange by the end of 2014.
Relevant assets, operations and
liabilities of Malaysia Airlines will
be transferred to a new company
by July 1, 2015.
The current chief executive,
Ahmad Jauhari Yahya, will con-
tinue to lead the firm until the
new company is formed next year.
Travel expert Simon Calder said
that the staff cuts and business
reorganisation should allow the
company to turn its fortunes
"There is a slice of business to
have, but nothing like the scale
and dominance it once enjoyed,"
Competition from low-cost air-
lines for short-haul flights, coupled
with the expansion of long-haul
Gulf carriers, had eaten into the
firm's profitability in the past, he
opposed to Argentine
President Cristina Fer-
nandez say the second
general strike of the year
has been a success.
The stoppage began at
midday on Wednesday
and disrupted life in the
capital, Buenos Aires.
Many stayed at home
as the country's cafes,
restaurants, rail, air traffic
and ports were affected.
increased wages and
lower taxes in response
to higher living costs.
The latest stoppage
was called by Hugo Moy-
ano and Luis Barrionue-
vo, who belong to an
of the country's largest
and most powerful
union, the General Con-
federation of Labour
Three of the country's
main unions joined the
strike and Hugo Moyano,
said he estimated 80 per
cent of workers had taken
The government crit-
icised the protest, saying
it was "political in
nature" and that only 25
per cent of workers
"There are trade
unionists who are in
opposition [to the gov-
ernment], and that's fine,
The eurozone inflation rate has
fallen to 0.3 per cent in August, near
a five-year low, adding to fears of a
deflationary spiral, according to
That compares with a rate of 0.4
per cent in July.
The drop, driven by lower food and
energy prices, will add to pressure on
the European Central Bank (ECB) to
take action to stimulate the economy.
Separate figures showed the unem-
ployment rate remained near a record
high at 11.5 per cent in July.
The ECB meets next Thursday to
decide on interest rates.
Most analysts are not expecting any
action yet, but speculation is growing
that in the coming months it may
inject money into the system, a practice
called quantitative easing, in the hope
of stimulating growth and pushing up
Mario Draghi, head of the ECB, has
previously described inflation at below
one per cent to be in a "danger zone".
"There is plenty of ammunition
here... to argue for more policy sup-
port," wrote Jennifer McKeown from
Capital Economics in a research note,
"While the Bank is unlikely to act
at its meeting next week, it is likely
to hint that quantitative easing is firmly
on the table," she added.
Core inflation, which excludes food
and energy, rose to 0.9 per cent from
0.8 per cent.
Deflation isn't always a disaster. It
depends on the circumstances. But in
the eurozone's current situation, even
positive but very low inflation is trou-
blesome, never mind the outright
deflation that might be lurking.
The reason is debt. Households,
firms and governments in many euro-
zone countries have a lot of it and are
trying to get it down.
Falling prices means firms get less
cash coming in, and it hits government
tax revenue. It can also mean that
wages and salaries fall.
But debts do not. Debtors have less
cash to deal with a fixed liability.
To look at it another way - when
interest rates are already low, slowing
inflation means that real interest rates
Not what you want in an economy
where growth, according to figures for
the second quarter of the year, has
come to a halt.
The jobless figures showed improve-
ments in Spain, Portugal and Ireland.
"Along with Germany, these countries
accounted for the bulk of the improve-
ment seen over July," said Timo del
Carpio, European economist at RBC.
"The notable exceptions this month
were once again the usual culprits.
France's headline rate edged up to 10.3
per cent, driven by a 19,000 increase
on the month. More notably, Italy's
unemployment rose to 12.6 per cent,
once again a hair's breadth short of
its record peak," he added.
Eurozone inflation rate
nears five-year low
Malaysia Airlines to cut
6,000 staff after disasters
Argentina workers claim
general strike 'successful'
but they should respect
the citizens and leave
their protest for 2015"
when presidential elec-
tions will be held, Cab-
inet Chief Jorge Capi-
The trade union
movement in Argentina
is divided into those who
back the government of
President Fernandez de
Kirchner and those who
think it is not doing
enough to help workers.
The industrial action
comes amid increasing
economic problems for
Unemployment rose to
7.5 per cent in the second
quarter as consumer
spending and industrial
output both fell. (BBC)
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