Industry

Commercial-scale rubber cultivation began in Thailand in the early 1900s, making the widely-demanded crop one of the first valuable agricultural exports for the country. Rubber farms initially proved to be an efficient supplier of raw product, readying it for shipping for further processing abroad. Over time, the sector continued to expand, both in...

In September 2016 Mohammad Al Ajmi, director-general of the Public Authority for Industry, announced plans to boost Kuwait’s industrial output by 25% in the coming years. Although the state controls nearly 101bn barrels of proven crude deposits, the drop in oil prices has compelled the government to push ahead with a host of economic reforms...

The state-owned oil industry is by far the largest sector in Kuwait’s economy, representing more than half of GDP, 95% of exports and roughly four-fifths of state revenues. As oil and its byproducts are used to make more than 300,000 products globally, the country’s petroleum-based industries and petrochemicals hold significant growth...

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...