Trinidad & Tobago

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In the not too distant future, Trinidad and Tobago’s citizens could have a choice of three 4G LTE mobile phone providers, following a change of tack from the Telecoms Authority of T&T (TATT) brought about by the appointment of a new CEO, John Prince, in December 2016. While the identity of the country’s future third mobile provider, which...

 

With cash transactions dominating the Trinidad and Tobago retail sector and with an estimated 200,000 credit cards in circulation, the country has lagged behind in the implementation of online payment systems. The popularity of online purchases from foreign websites demonstrates that Trinbagonians are comfortable with buying goods online, but...

 

Successive Trinidad and Tobago governments have recognised the potential of the internet and the ICT sector more broadly to provide efficiency gains to business and public sector processes.

 

Increased agro-processing is a potential solution to a key challenge currently facing Trinidad and Tobago: the long-term decline of its agricultural sector, which has led the country to spend increasingly scarce foreign exchange on rising food imports.

 

The slump in oil and gas prices that began in late-2014 has had a significant downward impact on Trinidad and Tobago’s export earnings, and has revived interest in the non-energy export sector as a potential area for diversification, which could allow the country to benefit from new foreign currency revenue. While there has been progress in...

 

Trinidad and Tobago’s manufacturing sector is the largest in the English-speaking Caribbean. In 2016 it was expected to represent 7.8% of total GDP, with total output worth an estimated TT$8.29bn ($1.2bn), according to the government’s estimates in the “Review of the Economy 2016”. This made it the third-largest sector of the economy after the...

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