Home' Trinidad and Tobago Guardian : March 17th 2015 Contents A15
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Directors of New India Assurance Co. (T&T) Ltd hosted a
cocktail reception at the Hyatt Regency Trinidad to bid farewell
to managing director Aswathanarayana and to welcome his
successor Jyoti Kumar Garg. Aswathanarayana will be returning
to India after a six year stint in the Caribbean. Here the new
managing director, left, is congratulated by his predecessor.
PHOTO: ANDRE ALEXANDER
NEW YORK---Coca-Cola is working
with fitness and nutrition experts
who suggest its soda as a treat at a
time when the world's biggest bever-
age maker is being blamed for helping
to fuel obesity rates.
In February, several of the experts
wrote online posts for American
Heart Month, with each including a
mini-can of Coke or soda as a snack
idea. The pieces---which appeared on
nutrition blogs and other sites in-
cluding those of major newspapers---
offer a window into the many ways
food companies work behind the
scenes to cast their products in a pos-
itive light, often with the help of third
parties who are seen as trusted au-
Ben Sheidler, a Coca-Cola
spokesman, compared the February
posts to product placement deals a
company might have with TV shows.
We have a network of dietitians we
work with,' said Sheidler, who de-
clined to say how much the company
pays experts. Every big brand works
with bloggers or has paid talent.' (AP)
Coke a good snack? Health experts who work with Coke say so
The Telecommunications Authority
of T&T (TATT) is expected to give its
final decision on the proposed merger
of Cable and Wireless Communica-
tions (CWC) and Columbus Interna-
Yesterday, the matter was the focus
of two meetings. One was between
CWC and the National Enterprises Ltd
(NEL) at the Hilton Hotel to deal with
disposal of CWC's shares in TSTT.
Late yesterday evening another meeting
was due to take place at TATT's office
in Barataria, following which the reg-
ulatory authority was expected to
announced whether or not it approved
In its first major statement on the
proposed CWC-Columbus merger,
TATT suggested last Thursday that
CWC suspend its shareholder rights
with regard to its stake in majority
state-owned TSTT, among other con-
ditions. In response, CWC said it
looked forward to working with the
NEL to agree to fair treatment of its
CWC said then that it "fully recog-
nised that our shareholding in TSTT
would need to be neutralised either by
a blind trust or by disposal of our
shares, matters that were previously
considered by the company."
"We look forward to working with
the majority shareholder, NEL, to agree
a fair process for disposal, as embodied
in our existing shareholder agreement,
and are supportive of a disposal process
that permits an orderly sale to be con-
cluded in a period of not more than
CWC controls 49 per cent of shares
in TSTT with the remaining 51 per
cent controlled by Government through
its investment holding company, NEL.
The proposed merger is being
strongly opposed by the Communi-
cation Workers' Union, bargaining
agents for TSTT employees. They have
warned that the moved will resulted
in job losses in the telecommunications
sector and have stepped by their cam-
paign against the move.
There are also concerns that the
merger could lead to a decline in
telecommunications competition across
the region. It will result in CWC
acquitting 100 per cent of Columbus
International for US$1.85 billion.
Completion of the transaction is
conditional on regulatory approval in
Barbados, Jamaica and T&T. Jamaica
has already approved the merger.
Decision day for CWC-Columbus
The world s largest cruise ship company, Carnival Cruis-
es Lines has added Tobago to its destinations starting
next year, 2016.
The announcement came as part of a series of new longer
voyages the cruise line will be offering.
This will mean10,642 Carnival Cruise Line passengers will
visit Tobago and brings to 81,050 cruise passengers expected
to come to the island during the 2015/2016 cruising season.
Secretary of Tourism and Transportation Tracy Davidson
Celestine said the news was good for Tobago's growing cruise
"This year we saw a 200 per cent growth in Cruise Ship
guests coming to Tobago and next cruise season we are again
going to see double digit growth. This is testimony to the
hard work that we are doing as a Division and as the THA
and what we really want to see is Tobagonians taking advantage
of the opportunities this presents," she said.
"We have to prepare for more passengers, we need to
ensure that when the guests come here we have enough
activities for them, whether that means tours, craft, food,
water sports etc, we need our people to be entrepreneurs.
Look at what is possible and plan for the next season. We
can only create the opportunities it's for the people of Tobago
to now take advantage of them."
Ships including Carnival Miracle, Dream, Glory and Sunshine
will be visiting ports like Bonaire, Martinique, Dominica,
Carnival Cruises sailing to Tobago
Grenada and Scarborough.
Terry Thornton, senior vice president of itinerary planning at
Carnival said: "Based on feedback from our guests and travel agent
partners, we're delighted to offer these longer length voyages which
provide vacationers an opportunity to visit some of the world's most
breathtaking destinations while enjoying all the wonderful on-board
innovations and features found aboard Carnival's ships."
Tobago will be part of an itinerary that includes St Maarten,
Dominica, Barbados, Scarborough, Grenada, Martinique, St Kitts
and St Thomas.
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