Home' Trinidad and Tobago Guardian : August 19th 2014 Contents A19
Tuesday, August 19, 2014 www.guardian.co.tt Guardian
Bodies are different and names are different, but
the indweller or the Self that is present in everyone
is one and the same. When you want to call some-
one, you call him or her by their name. Each one
of you has an unique name only for identity pur-
poses; it should not be considered more significant
than that. Lord Krishna declared clearly in the
Bhagavad Gita that you are the embodiment of the
Lord. Do not limit yourself as a mere human being.
Let anyone call you by any name. The real truth is,
the Self-same Lord is present in you and in every-
one. God dwells everywhere (Ishavasyam Idam
Sarvam) and in everyone. Hence remember! You
do not merely represent the name that you are
given, but are truly Divine - "I am I" is your real
name! God dwells in all of you (Ishwarah Sarva
Bhoothanam). Hence practice the principle, "All
are One, Be alike to everyone."
What's in a Name? What is
our true name? Bhagawan
lovingly answers these
questions for us in His own
Be humble, be calm, be tolerant. Co-operate with all and
treat everyone with courtesy and kindness. - Baba
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Agostini s Ltd said in its third quarter (Q3) results
released August 13 showed that pharmaceutical
purchases by Government have declined.
Agostini s, a company involved in the distribution
and marketing of a broad range of products that
include pharmaceuticals, is the parent company of
the SuperPharm chain.
"Group sales of just over $1 billion were similar
to the comparable period of 2013," chairman Joseph
Esau said in his remarks on the unaudited results for
the nine months ended June 30.
"Improvements in the sales of food, grocery and
pharmaceutical products to the trade were offset by
reduced construction contracts and lower pharma-
ceutical purchases by Government."
Profit attributable to shareholders increased by
14.7 per cent to $61 million for the nine months
ended June 30, the chairman said. Earnings per
share increased to $1.04 from 91 cents over the
same period in the prior year.
"The debt to equity ratio remains strong at 23:77
at June 30, 2014," he said. "The main contributors
to these improved results were revenue and earnings
growth at SuperPharm Limited and Hand Arnold
Trinidad Ltd. Our eighth SuperPharm outlet at Diego
Martin is on schedule to open in late 2014, while
construction of our leased store at Mausica has been
delayed, but is expected to commence in the current
Giving his outlook, Esau said: "Given our earnings
improvement for the year to date, and expected pos-
itive results in the last quarter, shareholders can look
forward to better results and dividends for this finan-
A US$20 million loan from the Inter Amer-
ican Development Bank (IDB) will help devel-
op T&T as an ICT hub in the region, said Dr
Bhoe Tewarie, Minister of Planning and
"We have signed an agreement with the
IDB for loan support to develop a global serv-
ices platform in T&T. The idea is that T&T
will be a hub in the world for global provision
for information technology-enabled services
(ITeS), which will mean increased investments,
increased exports and employment in the sec-
tor," he said.
Tewarie was speaking yesterday at a media
conference at the Ministry of Planning, Eric
Williams Financial Complex, Port-of-Spain.
He said the IDB facilitated a meeting
between the Ministry of Planning and Zon-
aAmerica, the largest and most successful
export services hub in Uruguay and in Latin
Before the media briefing, they held a meet-
ing at the Ministry of Planning and there are
plans to meet with the local private sector
and look at areas in the country where it can
be set up.
Tewarie said this hub has the capacity to
provide "thousands of jobs."
"The direct beneficiaries of such a thrust
are students and graduates, the unemployed
and the underemployed who will receive train-
ing in the services internationalisation hub
that will be set up," he said.
Some of the areas ZonaAmerica and the
Ministry of Planning will explore for this hub
include legal process outsourcing, financial
and accounting outsourcing, informational
technology outsourcing and contract centre
Tewarie said T&T had the basic infrastruc-
ture to support such a high-end technology
"We are well prepared with human capital
and the flow of university graduates is steady.
We are ranked 71 out of 148 countries in the
Networked Readiness Index 2014 and of the
World Economic Forum, we are ranked 37 out
of 138 countries for the quality of our edu-
cation," he said.
"Our main problem was always how we
diversify away from energy which is so strong
in our economy. So we want industries for
our population that provide good, quality jobs
and better paying jobs."
US$20m loan to make T&T regional ICT hub
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