Many of the health indicators for Trinidad & Tobago are similar to those of developed countries. Well over 90% of the population has access to clean drinking water and proper sanitation. Regarding childbirth – one of the key health benchmarks for emerging markets – nearly all expectant mothers make at least four doctor visits before giving birth, and virtually all...
By most metrics, the agricultural sector of Trinidad and Tobago accounts for a tiny portion of the overall economy. It contributed an estimated 0.5% of GDP at current prices in 2014 – virtually all of which came from domestic agriculture (0.4%) and distilleries (0.1%), according to the UN’s Food and Agriculture Organisation (FAO). Meanwhile, agricultural exports...
Cocoa, along with honey, was designated as a strategic crop by the National Food Production Action Plan 2012-15 due to its “natural advantage and great potential”. Trinidad and Tobago is no stranger to the strategic importance of the cocoa bean. As far back as 1830, it was the third-largest producer of cocoa in the world, accounting for 20% of total global production....
Income tax in Trinidad and Tobago is payable for each year of income on all income accruing in or derived from T&T, regardless of whether the individual is resident or not. The year of income is the calendar year and is the basis period for all sources of income except profits from trade, business, profession or vocation, in which case it is the financial year ending...
In September 2014 the 2014/15 national budget of Trinidad and Tobago was predicted to be TT$60.35bn ($9.3bn) for the fiscal year. This budget was based on the assumption that oil prices would not dip below $80 a barrel. However, they continue to fluctuate and have averaged just below $60 a barrel. The decline brings the need for diversification into a focus today....
In Trinidad and Tobago trademark rights are currently regulated by the provisions of the Trade Marks Act Chapter 82:81. A trademark under the act may include a device, name, signature, word, letter, numeral or any combination thereof capable of distinguishing the goods or services of the proprietor from that of another proprietor or competitor.
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