To what extent are the conditions that allowed a manufacturing cluster to be created in Trinidad and Tobago still present today?
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Interviews & Viewpoints | Arthur Lok Jack, Executive Chairman, Associated Brands: Interview from The Report: Trinidad & Tobago 2016
Articles & Analysis | Trinidad and Tobago’s food and beverage sector offers new potential from The Report: Trinidad & Tobago 2016
Unsurprisingly, given its relatively small land area and high average income, Trinidad and Tobago is dependent on food imports. Between 2010 and 2014, food imports rose from TT$4bn ($616m) to TT$5.8bn ($893.2m), according to data from the Central Statistical Office (CSO). A few main categories – cereals and cereal preparations, fruits and...
In his October 2015 budget speech, newly appointed finance minister Colm Imbert underscored the fact that Trinidad and Tobago’s manufacturing sector had fallen below 10% of national GDP. Estimates from the Central Statistical Office put the figure at 8.1% in 2015, with food, beverages and tobacco accounting for around 4.5% of GDP. Despite having the largest manufacturing base of any CARICOM...
Although low oil and gas prices in 2015 had a negative economic effect on the Trinidad and Tobago, the current government is pursuing a series of reforms aimed at both strengthening the important energy sector and diversifying the wider economy.
A cooling domestic economy and uncertainty over the pace of global recovery could slow the rebound of Malaysia’s automotive sector, which has seen sales decline year-to-date.
Articles & Analysis | Halal development cluster to unlock local industry potential in Brunei Darussalam from The Report: Brunei Darussalam 2016
One of the two specialised industrial zones currently being run by Darussalam Enterprises, the country’s latest business support service, is the Brunei Bio-Innovation Corridor (BIC). The $300m BIC seeks to raise the Sultanate’s profile in the fast-expanding global halal industry. Figures from Thomson Reuters suggest that this market has a...