Trinidad & Tobago: Year in Review 2019OBGplus
After three successive years of recession, Trinidad and Tobago’s growth is estimated to have remained flat during 2019, according to IMF data. However, a more significant expansion of 1.5% is expected for 2020 as both gas production and non-oil exports are set to increase. Last December the Central Bank of T&T (CBTT) decided to hold the benchmark repurchase rate, better known as the repo rate,…
How T&T is leveraging its location to support maritime growthOBGplus
In the face of more stringent environmental rules on shipping fuel, Trinidad and Tobago is moving to position itself as a regional centre for liquefied natural gas (LNG) bunkering. On January 1, 2020 new International Maritime Organisation rules will come into effect, designed to reduce sulphur oxide emissions. The regulations will prohibit ships travelling outside designated emission control areas…
Trinidad & Tobago CEOs’ optimism resilient in the face of global headwinds
Continually subdued commodity prices and a humanitarian crisis in neighbouring Venezuela are two of a multitude of challenging external factors affecting the Trinbagonian economy in 2020. As the twin island nation exits recession, business leaders answering OBG’s latest CEO survey have reflected on someof the key issues affecting the country’s current economic trajectory. With elections…
Trinidad & Tobago CEO Survey
OBG Business Barometer: Trinidad & Tobago CEO Survey Copyright (c). All rights reserved. This survey has been designed to assess business sentiment amongst business leaders (Chief Executives or equivalent) and their outlook for the next 12 months. Unlike many surveys, the OBG Business Barometer is conducted by OBG staff on a face-to-face basis, across the full range of industries, company…
Salvador Sánchez, lead partner of agri-business industry, Deloitte México, and Juan José López Forastier, lead partner of agri-business industry, Deloitte Argentina
In this Global Platform video, Salvador Sánchez, lead partner of agri-business industry, Deloitte México, and Juan José López Forastier, lead partner of agri-business industry, Deloitte Argentina, talk about the importance of global agriculture and the effect of agri-business on the environment. Latin America has a number of competitive advantages in the agri-food sector, such as location, beneficial
Trinidad and Tobago’s 2020 budget calls for economic diversificationOBGplus
Trinidad and Tobago has continued along the path of fiscal consolidation with the release of the country’s budget for 2020, delivered against a backdrop of subdued energy prices and calls for increased diversification. On October 7 Colm Imbert, the minister of finance, outlined the upcoming budget for the 2020 calendar year, released under the title “Stability, Strength and Growth”. Efforts…
Advancing Women in Leadership Forum 2019
Trinidad and Tobago Olympic Committee & Commonwealth Games Association Advancing Women in Leadership "Gender Equality is Change and Change is Painful" Saturday 28th September, 2019 Hilton Trinidad & Conference Centre To register please emailcontact@ttoc.org…
How Trinidad and Tobago’s approach to the Venezuelan crisis could benefit the economyOBGplus
As the political, economic and migration crisis rolls on in Venezuela, and a significant number of migrants continue to make their way to Trinidad and Tobago, the government and business figures are evaluating their potential impact. In June the UN estimated that 4m people had fled Venezuela as a result of the crisis. Of these, some 40,000 have arrived in T&T. Although this is far lower than…