Search Result for: trinidad economy
130 results found.
IMF: Trinidad Economy “Poised for Modest Recovery” in 2013
Above: Port of Spain (CJ Photo) By the Caribbean Journal staff The economy of Trinidad and Tobago is “poised for a modest recovery” in 2013, according to the International Monetary Fund. The IMF’s Executive Board recently concluded its Article IV […]
Central Bank: Trinidad Economy Grew Just 0.2 Percent in 2012
Above: Port of Spain (CJ Photo) By the Caribbean Journal staff Trinidad and Tobago saw GDP growth of just 0.2 percent in 2012, lower than its expected rate of 1 percent, according to Central Bank Governor Jwala Rambarran. The shortfall […]
Dookeran: Trinidad Economy Stable
By the Caribbean Journal staff Trinidad Finance Minister Winston Dookeran said the country’s economy remains stable, despite Standard & Poor’s decision to lower the country’s long-term local currency sovereign credit rating. The new development, he said, was part of a […]
Growing Trinidad’s Internet Economy
By Gerard Best CJ Contributor The recent establishment of an Internet exchange point (IXP) in Trinidad and Tobago is a necessary step in strengthening the country’s local Internet economy. But it is not enough, says Bevil Wooding, Internet Strategist with […]
Trinidad and Tobago Pitches Tourism in Bid to Diversify Economy
Above: the investment conference in New York (CJ Photo: Joshua Martinez) By Joshua Martinez CJ Contributor NEW YORK — “We need to get away from a boom and bust economy.” These were the words of Trinidad and Tobago Trade, Industry […]
Trinidad and Tobago Economy “Embarking on Sustainable Growth Path”
Above: Port of Spain, Trinidad (CJ Photo) By the Caribbean Journal staff Trinidad and Tobago’s economy is “embarking on a sustainable growth path,” the International Monetary Fund said following its Article IV Consultation with the country earlier this week. The […]
Chinese Ambassador: Trinidad Caribbean’s “Most Attractive Economy”
Above: Port of Spain (CJ Photo) By the Caribbean Journal staff Haung Xing Yuan, the newly-installed Chinese Ambassador to Trinidad and Tobago, held talks on Friday with Trinidad Trade Minister Vasant Bharath. It was the first of what will be […]
IMF: Trinidad and Tobago’s Economy to Grow 1.5 Percent in 2013
Above: Port of Spain By the Caribbean Journal staff Trinidad and Tobago’s economy is projected to grow by around 1.5 percent in 2013, according to the International Monetary Fund, which concluded an Article IV mission to the country this week. […]
Central Bank Governor: “Cautious Optimism” for Trinidad’s Economy
Above: Trinidad By the Caribbean Journal staff The short-term outlook for Trinidad’s economy should be one of “cautious optimism,” according to Trinidad Central Bank Governor Jwala Rambarran. The governor was speaking at a recent “Economic Outlook 2013” luncheon held by […]
Trinidad and Tobago Economy Contracts 3.6 Percent: Report
Above: Port of Spain By the Caribbean Journal staff The economy of Trinidad and Tobago contracted by 3.6 percent on a year-to-year basis to June 2012, according do the Central Bank’s Summary of Economic Indicators. Output in the country’s energy […]
International Monetary Fund: Trinidad’s Economy “Turning the Corner”
Above: St Augustine, Trinidad By the Caribbean Journal staff Despite “ongoing technical disruptions” in Trinidad’s energy sector, the country’s economy is showing positive signs, according to the International Monetary Fund, which completed a visit to conduct the 2011 Article IV […]
Can Trinidad Build a Tourism Economy?
By the Caribbean Journal staff Trinidad and Tobago has the potential to be a sustainable tourism economy that can stand side by side with its energy economy, High Commissioner to the UK Gavin Nicholas said at his office in London’s […]
Air Canada Launches New Nonstop Flights to Trinidad
Air Canada has launched new year-round nonstop flights to Trinidad. The flights, which will operate on Air Canada Rouge, will fly twice weekly from Toronto to Trinidad’s Piarco International Airport in Port of Spain. “Air Canada is very pleased to […]
What’s Next for Jamaica’s Economy
Looking ahead By Dennis Chung CJ Contributor In 1961, when Jamaica voted by referendum to withdraw from the West Indies Federation, Dr Eric Williams, then Premier of Trinidad and Tobago, said “one from ten leaves nought”. This statement can be […]
The Caribbean’s Fastest-Growing Economy
What’s the fastest-growing economy in the Caribbean region? Right now, it’s the Dominican Republic, which saw GDP growth of 6.6 percent in 2015, the highest rate in the region, according to new data from the United Nations Economic Commission for […]
Could the “Singapore Experience” Have Happened in Trinidad?
Above: Port of Spain (CJ Photo) By Paul Hay CJ Contributor Lee Kuan Yew, Singapore’s first Prime Minister, died on 23 March 2015; and on 29 March 2015, the Straits Times published an article titled “The Singapore That Lee Kuan […]
This is the Caribbean’s Most Competitive Tourism Economy
Above: Barbados (CJ Photo) By the Caribbean Journal staff What’s the most competitive tourism economy in the Caribbean? It’s Barbados, according to the latest edition of the World Economic Forum’s Travel and Tourism Competitiveness report. The report, which covers 141 […]
Supporting Caribbean Entrepreneurs, Sustaining the Regional Economy
By Irene Arias Op-Ed Contributor Small and medium sized companies are the backbone of Latin America’s economy. They represent more than 90 percent of all enterprises in the region, generating over half of all jobs and a quarter of the […]
Americas Competitiveness Forum Begins in Trinidad and Tobago
Above: the Hyatt Regency Trinidad By the Caribbean Journal staff The Americas Competitiveness Forum begins Wednesday in Port of Spain, Trinidad. This year’s conference will be the eighth edition of the forum, which is being held under the theme “The […]
BP Approves New Offshore Gas Facility in Trinidad and Tobago
Above: one of BP’s Trinidad platforms By the Caribbean Journal staff BP Trinidad and Tobago has approved a new offshore gas project called Juniper. The project will include the construction of a “normally unmanned platform together with corresponding subsea infrastructure,” […]
Tobago Reporting Increase in Local Tourism From Trinidad
Above: Tobago (CJ Photo) By the Caribbean Journal staff Tobago received a record number of visitors in 2013 — more than 1 million, and a large portion of those visitors came from nearby Trinidad. According to new data from Tobago’s government, […]
Radisson Hotel Opens in Trinidad
Above: the new Radisson hotel in Trinidad (photo: Rhondor Dowlat) By Andrea Perez CJ Contributor PORT OF SPAIN — The former Capital Plaza Hotel in Port of Spain, Trinidad is now a Radisson Hotel. The $30 million dollar structure was […]
How Big Is the Caribbean Economy?
Above: Port of Spain, Trinidad (CJ Photo) By the Caribbean Journal staff How big is the Caribbean economy? Last month, we took a look at the population of the Caribbean, examining the region through several different geographic definitions. Now that […]
A New Way For Trinidad and Jamaica to Work Together
By Paul Hay CJ Contributor William Demas, former Head of the Economic and Planning Division of the Government of Trinidad and Tobago, compared the five-year national plans of Jamaica and Trinidad and Tobago (T&T) in his book The Economics of […]
Trinidad “On a Path of Recovery”
Above: Port of Spain (CJ Photo) By the Caribbean Journal staff Trinidad’s local economy has grown in each of the last four quarters, and appears to be “on a path of recovery,” according to the country’s Central Bank. The Central […]
JetBlue Expanding to Trinidad
Above: JetBlue planes By the Caribbean Journal staff JetBlue isn’t done with its Caribbean expansion. The New York City-based carrier will be launching flights to Trinidad beginning in July 2014, according to Trinidad’s government. The news, rumoured for several months, […]
New Tourism Minister in Trinidad
Above: Port of Spain By the Caribbean Journal staff The recent Cabinet reshuffle by Trinidad and Tobago Prime Minister Kamla Persad-Bissessar means the country now has a new Minister of Tourism. Chandresh Sharma is now the country’s top tourism official, […]
Trinidad’s Rambarran: Caribbean “Must Find New Sources of Growth”
Above: Trinidad (CJ Photo) By the Caribbean Journal staff With high debt and a vulnerability to natural disasters, the Caribbean must seek out new areas for growth, according to Trinidad Central Bank Governor Jwala Rambarran. The Governor, who was speaking […]
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