Trinidad & Tobago

As a result of falling hydrocarbons prices in 2014-16, and the consequential drop in export revenue, the Trinidad and Tobago dollar has come under increasing pressure and has been slowly depreciating. During the same period there was both a change in government – in September 2015 – and a change in the top leadership of the Central Bank of T...

Trinidad and Tobago’s mid-year budget review announced new initiatives by the government to boost revenues, cut expenditures and raise financing to correct the fiscal imbalances brought about by changes in the energy market. Inevitably, many of these initiatives will have consequences for both T&T’s equity and debt capital markets.

Many brokers argue that a steady stream of initial public offerings (IPOs) and new listings will be the key to triggering renewed interest in the Trinidad and Tobago Stock Exchange (TTSE) as a source of capital and investment opportunities. Nancy Chen, an investment analyst at West Indies Stock Brokers (WISE), told OBG, “If we were to have...

Well capitalised and financially healthy, the banking sector in Trinidad and Tobago is led by eight main institutions. Despite economic growth slowing in 2015 and 2016, the country’s banks remain profitable and may even see benefits from the end of a long period of very low interest rates.

Tobago has a history of colonial rule by a succession of different European powers, including Spain, France and Britain. In 1802 Trinidad and Tobago came under British rule. It was not until 1889 that a British government grouped the two islands together under a single colonial administration. T&T sought and achieved independence in 1962,...

As part of its policy of promoting economic diversification, the Tobago House of Assembly (THA) has been developing the Cove Eco-Industrial and Business Park (CEIBP), a 57-ha site operated by the THA-established private firm, Eco-Industrial Development Company of Tobago (E-IDCOT). The industrial park is intended to act as a catalyst for a wide...