Trinidad & Tobago

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Despite its relatively small size, Trinidad and Tobago has played a significant role both politically and economically in the Caribbean since its independence from the UK in 1962. Given its strategic location at the southernmost point of the region, the island serves as a nexus between the island nations to the north and its southern neighbours on the South American mainland....

Articles & Analysis | Caribbean body facilitates integration from The Report: Trinidad & Tobago 2020

In order to fulfil the aims of the CARICOM Single Market and Economy (CSME) and the wider CARICOM policy of further economic integration, officials in the Caribbean have identified a number of key sectors that form the backbone of regional convergence, from financial services to transport and education. In 2006 a revised Treaty of Chaguaramas came into force that turned...

While overall economic growth was flat in 2019, the financial sector experienced 1.4% expansion, to which insurance was a strong contributor. From January to March 2019 finance and insurance activities grew by 1.7%, according to the Ministry of Finance. Together with real estate and business services, the sector added 400 new employees in 2019. Financial and insurance...

Which segments of the insurance sector show the most room for growth in Trinidad and Tobago?

The Trinidad and Tobago Stock Exchange (TTSE) is the largest and among the most important stock markets in the Caribbean. However, it was out-performed by the Jamaica Stock Exchange (JSE), whose impressive headline growth since 2015 has led some in T&T to draw lessons from the smaller but more dynamic bourse. “We should look to the expansion in Jamaica’s capital markets as...

The use of sophisticated algorithms in wealth management is leading to improved efficiency and transparency in the financial services sector, benefitting both providers and clients. In particular, so-called robo-advisers are disrupting the industry and helping to boost financial inclusion. Primarily concentrated in developed markets such as the US and the UK, the technology is...

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