Articles

Caribbean Centre for Leadership Development Authorised Licensee for Crestcom International. It is more important than ever for organizations to invest in leadership development in 2022. The challenges of a global pandemic have escalated the need for stronger leaders in every industry. As markets are disrupted and business operations evolve quickly, leaders need to be skilled in change management, driving results, […]

January 17th, 2022

“Leadership is about making others better as a result of your presence and making sure that impact lasts in your absence.” – Sheryl Sandburg COO, Facebook Lara Quentrall-Thomas, MBA. Chairman and Founder of Regency Recruitment and Resources Limited Those words sum up the life’s work, thus far, for Lara Quentrall-Thomas, MBA. Chairman and Founder of Regency Recruitment and Resources Limited, […]

January 13th, 2022

Hassel Thom – President Trinidad Hotels, Restaurants and Tourism Association (THRTA) The Trinidad Hotels, Restaurants and Tourism Association (THRTA), Trinidad’s largest private sector tourism body is honoured to once again be part of this year’s Who’s Who in Trinidad & Tobago Business publication.  As the THRTA continues to advocate for industry stakeholders on matters that can both negatively and positively […]

January 13th, 2022

It is once again a distinct pleasure to extend warm greetings from the ECA. This new decade began with the global community engulfed, as some commentators have described, in a pandemic of unprecedented proportion. The reality is that COVID-19 has created a health crisis, a socioeconomic crisis and a world of work crisis. Given the continued impact of this pandemic […]

January 10th, 2022

For transformation to take place, it starts with people, but specifically with deliberate action from leaders. INTERVIEW – ACTIONEDGE TRINIDAD AND TOBAGO The United Nations Conference on Trade and Development’s (UNCTAD’s) World Investment Report for 2021, revealed that Trinidad and Tobago experienced the worst Foreign Direct Investment (FDI) in 2020 with negative FDI in the range of US$439M (approximately TT$3B). […]

January 6th, 2022

The 2021-2022 edition of Who’s Who in Trinidad & Tobago Business is the second published during the COVID-19 pandemic as, despite vaccinations happening in Trinidad and Tobago and globally, the spread continues. We do need to change gears now as it looks like this new normal will prevail for many years to come. We hear about lives and livelihood, response […]

January 5th, 2022

As a dynamic industry, we are continuously managing varying and evolving challenges and risks. INTERVIEW – ASSOCIATION OF TRINIDAD AND TOBAGO INSURANCE COMPANIES (ATTIC) Increasing motor vehicle fraud, soft insurance rates, low-interest rates and adjusting to a new Insurance Act are just some of the challenges facing local insurance companies. In addition, the blows dealt by the pandemic and related […]

December 14th, 2021

For transformation to take place, it starts with people, but specifically with deliberate action from leaders. The landscape for those in the consultancy and services sector for the coming year is grim. COVID-19 is not going to go away, according to the medical professionals, and as a nation, we are just going to have to live with it, sooner rather […]

December 14th, 2021

Every leader dreams of their success. Some may go abroad to learn and prosper. Others may acquire the training, come back, and serve the community that inspired their ambition. While most people will choose the former, Samson Acevero, Founder and Facilities Manager at Purivo Dialysis Centre Limited, did not. He answered his calling to serve by establishing Trinidad and Tobago’s […]

December 13th, 2021

Committed to providing unsurpassed service in the industry. Mr. Ramrekha sits as Managing Director of the Lab Medica Group of Companies and is a forerunner in the private medical services industry within Trinidad and Tobago.  As a young, clinical laboratory scientist, Mr. Ramrekha founded Lab Medica Services in 1995 as a small-scale private laboratory in San Fernando. With a strategic vision […]

December 13th, 2021

The Trinidad and Tobago Medical Association has a clear role in the movement to get as many people as possible vaccinated. INTERVIEW – TRINIDAD AND TOBAGO MEDICAL ASSOCIATION (T&TMA) Unprecedented. That is the only word to describe the past year for Trinidad and Tobago’s health sector, and indeed that of the wider world. A major spike in COVID-19 cases from […]

By: Dr. Vishi Y. Beharry – President, T&TMA  |  December 8th, 2021

Since 2020, the business community has endured many challenges locally, regionally, and internationally, brought about by the COVID-19 pandemic. Sectors such as retailers, food service and manufacturing to name a few have been substantially hurt given the downturn in sales due to restrictions and border closures, while still having to cover various operating and fixed costs. However, the pandemic has […]

December 6th, 2021

The Financial Intelligence Unit of Trinidad and Tobago (FIUTT) has provided Guidance with respect to Attorneys-at-Law obligations under the Anti-Money Laundering/Counter Financing of Terrorism (AML/CFT) regime of Trinidad and Tobago. In accordance with the FIUTT Guidance, if you are a sole practitioner or firm or partnership, you are subject to the AML/CFT obligations only if you perform the following specified […]

December 6th, 2021

Perspectives from a Registered Insurance Consultant In October, I had the honour of leading a training session hosted by The Trinidad and Tobago Insurance Institute. The primary topic covered was centred around “Ethical Decision Making” and examined several models of ethical decision making. The objective was not only to raise awareness of the need for consistent ethical behaviour, but to […]

By: B Roxanne Forde  |  December 6th, 2021

As a result of the COVID-19 pandemic, full-year sales for 2020 were 10.122 units, a 31% decrease when compared to 2019. INTERVIEW – BANKERS ASSOCIATION OF TRINIDAD AND TOBAGO (BATT) The Bankers Association of Trinidad & Tobago (BATT) sees a resilient banking sector continuing to meet and overcome the challenges posed by the COVID-19 health crisis while advancing digital transformation […]

December 1st, 2021

“…e-money solutions are integral to taking Trinidad and Tobago one step closer to a cashless society” INTERVIEW – FINTECH ASSOCIATION OF TRINIDAD AND TOBAGO (FINTECHTT) In 2020/2021, what is new in the local banking sector with regard to the rollout of e-money solutions? As part of the National Financial Technology (FinTech) Road Map, e-money solutions are integral to taking Trinidad […]

November 24th, 2021

Trade finds a pattern. It’s not just the cargo but the movement of equipment to carry this cargo that matters. INTERVIEW – SHIPPING ASSOCIATION OF TRINIDAD AND TOBAGO (SATT) Hayden Alleyne – President, Shipping Association of Trinidad and Tobago (SATT) Hayden Alleyne has been a huge proponent of getting our shipping, logistics, and all-related individuals vaccinated and back to work […]

November 22nd, 2021

What is the outlook for a more energy efficient T&Tin 2021/2022? The outlook is good – not excellent – for a more energy-efficient Trinidad and Tobago. Trinidad and Tobago is somewhat different than most other islands in the Caribbean with respect to energy as follows: The country boasts the lowest energy cost in Caribbean and amongst the lowest in the […]

November 17th, 2021

The huge challenge that we must face up to – is climate change and the energy transition. INTERVIEW: Dr. Thackwray Driver – President and CEO, Energy Chamber of Trinidad and Tobago The Energy Chamber is unequivocal about the biggest challenge facing the industry.  According to President and CEO of the Energy Chamber of Trinidad and Tobago: “The huge challenge for […]

November 12th, 2021

INTERVIEW: Jonathan Barcant – Co-Founder and Managing Director, IAMovement. The Environmental Management Authority (EMA) has been able to maintain its duties throughout the lockdowns, through a mixture of essential workers and virtual working. As such, it has been able to maintain many services including the recycling programme iCARE.  Behavioural change towards more environmentally friendly practice is also at the forefront […]

November 12th, 2021

Trinidad and Tobago is an ideal destination for trade and investment opportunities. Our geography, culture, creativity, adaptability, and natural resources offer many great opportunities for investments in the areas of tourism, manufacturing, and the energy industry where Trinidad and Tobago has one of the largest petrochemical industries in the world. Also, investments in tech, communications, and the creative arts present […]

October 27th, 2021

The year 2021 started negatively for the Trinidad and Tobago market. In the first quarter, 3.120 units were sold – an 11.7% decrease in sales when compared to the first quarter in 2020.’ In his 2020/2021 budget presentation, the Finance Minister Colm Imbert made some major announcements regarding the Automotive industry. He stated, “At close to one million vehicles, there […]

October 20th, 2021

The Trinidad and Tobago Chamber of Industry and Commerce takes this opportunity to warmly congratulate the publishers of Who’s Who in Trinidad and Tobago Business on its newest edition, especially given the challenges resulting from the global pandemic. We are pleased to continue to be part of this magazine which is firmly established as a go-to reference for investors and […]

October 13th, 2021

AMCHAM T&T sees the 2022 budget statement as an attempt to re-inject confidence in the economy. We acknowledge the range of issues discussed in the budget and the links between our continued need to rely on the energy sector as we transition to other areas, such as tech. We see the modernisation of the country’s infrastructure as an imperative to […]

By: AMCHAM T&T  |  October 6th, 2021

In a rapidly evolving digital landscape, internet access and data sharing for business, administrative and social purposes are critical to removing barriers to facilitate transactions. COVID-19 has highlighted the fact that lack of access to ICT services prevents vulnerable groups from accessing online services or even performing basic activities. It was with this in mind, that Government felt that there […]

By: Senator The Honourable Hassel Bacchus  |  October 6th, 2021

The ECA is pleased to provide this quick snapshot of the national budget presentation held on Monday Oct 4, 2021, with a focus on estimates of revenue and expenditure, and the main measures that will specifically impact employers/business in Trinidad and Tobago. We trust that you find this information useful. A full copy of the budget presentation, as delivered by […]

By: Employers Consultative Association (ECA)  |  October 6th, 2021

Resilience is how Tobago has always responded to adversity. Today, in spite of the COVID-19 pandemic, the country’s economic challenges and even the Assembly’s 6-6 deadlock, the island continues to achieve significant development milestones. Indeed, as a people, we are not defined by those challenges, but by our determination to rise above them. On the tourism front, Destination Tobago acknowledges […]

September 29th, 2021

Moving towards recovery and growth through transformative initiatives and programmes that will engender confidence in our people. Trinidad and Tobago’s recovery is imminent. The past year and a half have been particularly challenging for us all, however, it has also been an opportunity globally for governments and businesses alike to reflect and reformulate their efforts for creating more resilient and […]

September 29th, 2021

As the curtain fell on 2020, many looked toward the coming new year with renewed hope. The sheer trauma that COVID-19 has caused to both society and the individual shook the nation to its proverbial knees. The die that caste essentials from non-essentials with the restrictions that followed could surely be the worse of the pandemic that we ever hoped […]

September 22nd, 2021

On Saturday 14 August 2021, D’Market Movers opened Trinidad and Tobago’s first and only Click & Collect Grocery at Midland Plaza, El Socorro. Customers can now order their groceries, fresh produce, meats, and local artisan items online at dmarketmovers.com and either choose the delivery option or collect at the company’s El Socorro outlet.   The physical location exclusively offers click and […]

August 25th, 2021

All Interns receiving their Certificates with Professor Sterling Frost – Deputy CEO, Operations and Administration, First Citizens and Dr. Acolla Lewis-Cameron – Dean, Faculty of Social Sciences, UWI A hybrid Closing Ceremony on Friday 6th August, 2021 marked the final day of the First Citizens 2021 Internship Programme. Despite the pandemic and for yet another year, the Group in partnership […]

August 25th, 2021

Airports Authority of Trinidad and Tobago (“the Authority”) is pleased to announce that the Piarco International Airport (PIA) has topped the region as the Best Airport in the Caribbean, as declared by the Skytrax World Airport Awards for 2020 to 2021. Further to this, in relation to the Global Region – Central America and the Caribbean, the Piarco International Airport […]

August 19th, 2021

We ask that you take advantage of the Tax Amnesty which will come to an end on September 17th 2021 as well as the extension of the Government Guarantee Loan Programme for small and medium enterprises.  We are happy to report that the Minister of Finance had responded to the concerns put forward in early January by the TTMA, requesting an […]

August 18th, 2021

The primary languages that run the world are no longer English, Spanish or French. While these three have enjoyed prominence in diplomacy and commerce for the past century, the modern world is run more on computer code today, by the sheer scale of global communication, than any other language. Recognising that learning to code is a necessity and priority for […]

August 18th, 2021

Firstly, congratulations on having an enterprising friend! We should all encourage and support entrepreneurial endeavours; this is how we’ll truly grow as a nation. That said, you don’t want to lose a friend because of money. Worse yet if you lose both your friend and your money. Painful. To avoid that worst case scenario, we’ve listed some questions you should […]

August 16th, 2021

Grace & Saleem follows the unlikely titular couple during an unintended road trip, a comical first dinner and an awkward meeting of families on Christmas day. The film stars Kyle Daniel Hernandez, Shevonne Metivier, Dru Castiglione and Penelope Spencer.  It was written and directed by Jian Hennings, his second narrative feature project after completing his feature-length student film Back to […]

By: Jian Hennings, Director  |  August 12th, 2021

Who is the most common bad guy in movies? If you answered gangsters – you’re wrong. The most common bad guy and mastermind behind the killing and subjugation of all peoples in movies are wealthy businesspeople. You know the scene. The hero looks up at an imperiously tall office building and then makes their way to the topmost floor to confront the […]

August 9th, 2021

Here’s how consumer & business behaviour may be adding to the major transnational crime! Are you aware if your consumer behaviour or your business’ practices may be contributing to the commerce of Environmental Crime? Environmental Crime is “Any illegal act, which directly harms the environment”.*  Given that our natural resources are limited, these illegal activities involve the environment, wildlife, biodiversity […]

July 28th, 2021

Persons who are scheduled to enter Trinidad and Tobago are required to apply for a Travel Pass within 72 hours of arrival into the country. All travelers are required to submit a negative NASOPHARYNGEAL (nasal swab) RT-PCR test result. This test should have been taken no earlier than 72 hours prior to arrival in Trinidad and Tobago. The TT Travel […]

July 21st, 2021

Simmer down the Stresses of a Currency swap with these helpful guidelines. Earlier in June, tempers flared, and keyboards started smoking as the public responded in uproar to the Central Bank of Trinidad and Tobago’s (CBTT) announcement of its decision to make the switch away from cotton notes to polymer notes. Having read further and explored the announcement in detail, […]

By: By Roxanne Forde, Principal Consultant  |  July 14th, 2021