Home' Trinidad and Tobago Guardian : March 21st 2015 Contents A27
Saturday, March 21, 2015 www.guardian.co.tt Guardian
o Preparation of Financial Management Accounts
o Preparation and maintenance of General Ledger balances
o Working knowledge of Peachtree Computing and
Sage 50 Accounting Software
o Pursuing CAT/ACCA Level II
o Auditing experience would be an asset
o Over 5 year's Supervisory working experience.
Also hiring for positions of:
o Competitive Salaries
o Excellent Company perks
o Attractive employment packages and benefits.
Applications will be accepted from ten (10) working days prior to the auction date. The
deadline for submission of tenders to the Domestic Market Operations Department of the
Central Bank is 12:00 noon on the auction date.
Central Bank of Trinidad
and Tobago and must accompany each tender. Cheque payments must be submitted no later
than three (3) working days prior to the auction date. Cashiers are open 8am to 12 noon
Monday to Thursday and 8am to 2:30pm on Friday.
Competitive tenders can be submitted for any amount up to the issue size and must state the
price the bidder is willing to pay for each $1,000 of the face value being applied for. Competitive
bids may be rejected if the face value of the entire issue is allocated at higher bid prices or if
made to a bid that is rejected.
bidder agrees to accept the weighted average price of the successful bids determined in the
For competitive tenders, payments must be in the amount of the total cost of the bills; for
non-competitive tenders, payments will be equivalent to the face value being applied for.
The Central Bank of Trinidad and Tobago invites tenders
from the public for the following issue:
TREASURY BILL AUCTION
Results of Tender for Treasury Bill number 1453
www.central-bank.org.tt/content/treasury-bills or call
Every day tens of thousands
join the glacial commute
into Port-of-Spain. Consider
if you will, people living in east
Trinidad; St Augustine, Tuna-
puna, Trincity, Arima and
By 6.30 am, the flow of traffic
is already congealed. In many
cases it s one person to a vehicle.
No one is suggesting that road
congestion can be eliminated. We
can, though, reduce the amount
of time consumed by this motor-
ing miasma that diminishes our
As indicated in my previous
column, tackling the traffic
scourge requires a willingness to
embrace ingenuity (something for
which we have a particular dis-
dain in this country).
I touched, latterly, on the Pri-
ority Bus Route malls, many of
which aren t fit for purpose.
These facilities, if the will can be
mustered, should be transformed
into modern transit hubs.
The government might even
consider stoking private sector
interest in a management
Air-conditioned buildings, Wi-
Fi, coffee and sandwich shops,
newspaper and magazine stands;
create incentives for people to
leave their vehicles at home,
abandoning the worry of driving
and parking to ebullient bus driv-
It was suggested some time ago
that the way to cut down on the
number of cars on the road was
to remove the fuel subsidy alto-
gether. It is true that cheap fuel
affords us less thought about
how to use our vehicles.
The difficulty is, without a
viable alternative, motorists will
pay through their noses for gas if
it means avoiding the horrors of
a stretched, and in some places,
completely inadequate public
The Public Transport Service
Corporation has been adding new
buses to its fleet, but more are
needed. Hand in hand with that
need is the demand for a reliable
Commuters need to know that
their bus will be on time, or
show up in the first place, if they
are to release the death grip on
their car keys.
Such measures can build confi-
dence in public transportation
and change the mindset of a
country enamoured of vehicles.
A government and private sec-
tor partnership can work to com-
bat traffic congestion in other
ways. The state can, for example,
create an environment that
encourages local online shopping.
The trend is already taking root,
albeit to the howls and wails of
the local business community as
they are losing out to any num-
ber of insidious, foreign online
retail giants. If we develop the
same structure for online pur-
chases in this country, local com-
merce can muscle in on the act,
offering their goods online, com-
plimented by delivery services.
In more advanced economies,
you can order groceries on the
interwebs and have them brought
to your door, obviating the need
for a lone motorist to worsen
traffic congestion, all in a quest
for a dozen eggs and some laun-
Hell, when I was in Canada,
you could actually order booze
(over the phone) and have it
delivered. Can you imagine what
that would mean for us? Fewer
people would be leaving limes
absolutely blotto, weaving their
drunken way to the rumshop or
grocery to get even more blotto.
This idea can be applied to all
sorts of consumer goods, not the
Major retailers of appliances
can set up Web sites which cus-
tomers can browse from the
comfort of their own homes.
How much time is lost stand-
ing like a muppet on the shop
floor hoping to flag down the
attention of swamped sales reps,
only to discover that the make
and model you re looking for is
out of stock?
A Web site with all the specs
on refrigerators, flat screen TVs
and couch sets would detail price
and availability. The shopper
simply places the order through
the Internet, pays with a credit
card and Uncle Grandpa!
The item is delivered precisely
one day after you took time off
from work to receive the delivery
(that obviously needs to be
Online shopping isn t the only
sphere of commerce ripe for gov-
ernment collaboration with the
private sector. Businesses can be
offered tax incentives for stag-
gered work shifts and teleworking
Companies will not, of their
own volition, release their hold
on traditional modes of work. As
a society that bucks violently
against evolution, it is difficult to
contemplate any arrangement
beyond punching a clock in the
morning and afternoon, even if
nothing significant is accom-
plished between those periods.
Any measure which reduces
traffic will ultimately lead to
increased productivity which,
theoretically, will be reflected in
the country s economic fortunes.
The state should lead the
charge in this respect and insti-
tutionalise this shift through
public education campaigns
which demonstrate the many
advantages staggered work shifts
Prising ourselves out of termi-
nal gridlock means thinking out-
side of the clocks.
At a figure of 700,000 regis-
tered vehicles, there is neither
enough aggregate in our moun-
tains nor asphalt in the pitch lake
that can build us a highway out
of this motoring hell.
On islands as small as ours, we
must explore a range of options
to confront out traffic woes.
CONFRONTING OUR TRAFFIC WOES
Commuters need to
know that their bus will
be on time, or show up
in the first place, if they
are to release the death
grip on their car keys.
Such measures can
build confidence in
and change the mindset
of a country enamoured
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