A gradual recovery in the number of projects on construction firms’ order books for 2017 is expected. Current performance in the sector hints that an improvement could come, based on a moderate pick-up in the energy sector and greater public sector demand. Progress is being made to develop public-private partnerships and push forward with the project pipeline. Although the real estate market...
Trinidad & Tobago
Displaying 301 - 306 of 501
Chapter | Construction & Real Estate from The Report: Trinidad & Tobago 2017
With a declining economy restricting premium-income growth and bringing rates under sustained pressure, 2016 was a challenging year for Trinidad and Tobago’s insurance sector. The relative scarcity of foreign exchange has also caused some issues with regard to the payment of reinsurers. Penetration remains relatively low, meaning local companies have significant room to expand. Total premiums...
Chapter | Capital Markets from The Report: Trinidad & Tobago 2017
Following the 6% fall of Trinbagonian stocks in 2016, fund managers agreed that 2017 would bring further but more modest losses. Manufacturers and exporters in Trinidad and Tobago that incorporate local materials and have a strong brand could benefit from a weaker T&T dollar in 2017. With the national buy-and-hold mentality enduring, the expected listing of further tranches of First...
Chapter | Tobago Economy from The Report: Trinidad & Tobago 2017
Click here to download a PDF copy of the chapter
The new administration of Tobago takes office at a time of both opportunity and challenge. Tobago is one of the most beautiful, unspoiled islands in the Caribbean, which is a highly attractive proposition in today’s competitive tourism environment. Tobago is ready for...
Chapter | Country Profile from The Report: Trinidad & Tobago 2017
Despite a challenging environment, Trinidad and Tobago will be looking forward to a number of positive developments in 2017. These include the passage of key procurement legislation, a new revenue authority, improvements to education and health care delivery systems and strengthened ties with key partners, all of which will contribute to lifting the country’s political and economic profile....
After facing headwinds such as depressed international energy prices, and rising debt and fiscal imbalances, Trinidad and Tobago’s economic recession appears to be turning a corner, with GDP growth projected to climb to 0.3% in 2017 and 3.4% in 2018. As one of the largest and most diversified economies in the English-speaking Caribbean, the country is beginning to benefit from the new administration’s process of fiscal adjustment and economic diversification, spurred on by an ambitious public works pipeline.