Contributing a significant percentage to GDP and providing work for a large part of the workforce, small and medium-sized enterprises (SMEs) comprise a vital part of the Trinidad and Tobago economy. According to the T&T Chamber of Industry and Commerce (TTCIC), there were more than 20,000 SMEs operating in the country as of 2011 – the...
Trinidad and Tobago stands out in the Caribbean and the Americas as a comparatively wealthy, hydrocarbons-based economy with rich and diverse cultural traditions and a robust democratic system. The twin-island country has a population of 1.35m people, a GDP of $35.2bn and a GDP per capita of $26,220, both calculated on a purchasing power...
Comparatively wealthy and with some degree of economic diversification in the finance, manufacturing and transport sectors, Trinidad and Tobago is the largest Caribbean oil producer and the world’s sixth-largest exporter of liquefied natural gas (LNG). As in many other hydrocarbons-based economies, the local energy sector was severely affected...
At first glance, the newly elected government of Trinidad and Tobago, which took office in September 2015, faces a formidable first year, marked by one of the deepest slumps in energy prices seen in recent decades. This has pushed the economy into recession and forced the authorities to embark on a difficult programme of fiscal austerity.
Before Trinidad and Tobago declared independence in 1962, the twin-island republic was ruled by France, Spain and the UK. A common element between these periods was the heavy reliance on a labour force often comprising indigenous Amerindian people, as well as immigrant workers from Africa, India and, to a lesser extent, China, the Middle East...
HYATT REGENCY TRINIDAD 1 Wrightson Road, Port of Spain T: +1 (868) 623 2222 F: +1 (868) 821 6401 www.trinidad.hyatt.com trinidad.reservation@hyattintl.com Rooms: 428 spacious and modern guest rooms, including 10 suites. Business & Conference Facilities: 3995 sq metres of meeting space, 1486-sq-metre Regency Ballroom, 929-sq-metre multi-...
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