TAG: The Americas
3 November 2016
OBG CEO Surveys
The fall in oil and gas prices has been longer and more pronounced than what nearly all experts anticipated when the decline started in mid-2014. This has had significant impacts on all hydrocarbons-rich countries around the world, and Trinidad and Tobago is no exception. Having over a century of experience in producing oil, however, T&T has ridden out and recovered from the ups and downs of this industry, coming out stronger each time.
5 December 2016
OBG CEO Surveys
The recent victory of Donald Trump in the US presidential election has fostered uncertainty within the Mexican business community. Hundreds of articles have been written about what could happen if NAFTA were reviewed and how Mexico would cope without its major trading partner.
4 December 2016
OBG CEO Surveys
In spite of benefitting from record levels of FDI and a booming automotive sector, Mexico’s economy is expanding at a fragile rate, with GDP growth expected to ease to 2.1% in 2016, according to the IMF. Nonetheless, as demonstrated by a recent survey of C-suite executives by Oxford Business Group, business leaders in the country – Mexican and foreign alike – are broadly positive about the outcome of the government’s package of structural reforms. Indeed, investor confidence remains high, with the vast majority of respondents planning to make a significant capital investment in the year ahead. However, with this expected increase in economic activity comes concerns about the availability of skilled labour and the need to improve the competitiveness of the tax environment to make the most of Mexico’s long-term prospects.