Articles

October 8th, 2024

The Unit Trust Corporation (UTC), in partnership with the Tobago Division of the Trinidad and Tobago Chamber of Industry and Commerce (TT Chamber), hosted a business luncheon on September 10th 2024, held at Comfort Inn and Suites, Tobago, to engage the business community in vibrant discussions about fostering entrepreneurship through the Scalerator of the Scale Up TT Programme. ScaleratorTT is […]

September 26th, 2024

Radical technological shifts and unprecedented changes due to globalisation are impacting how services are delivered. Where some see threats, others see opportunities. Pria Narinesingh encourages us to focus on the latter. What is the five-year outlook for Trinidad and Tobago’s (T&T’s) professional services and management consultancy industry? It can be a resoundingly positive outlook given the bench strength of our […]

September 4th, 2024

August 31st, 2024

COSTAATT is proud to announce our new partnership with Regency Recruitment and Resources Limited, aimed at empowering formerly incarcerated individuals through the successful LinkUp programme. This collaboration is designed to provide employment opportunities and essential skills to help these individuals reintegrate into society. Through this partnership, Regency Recruitment will offer resume writing, interview preparation, and recruitment assessments, ensuring participants are […]

August 23rd, 2024

The National Entrepreneurship Development Company (NEDCO) is excited to reveal its new partnership with the Unit Trust Corporation (UTC) The National Entrepreneurship Development Company (NEDCO) is excited to reveal its new partnership with the Unit Trust Corporation (UTC) as investment collaborators. Formalized through a Memorandum of Understanding (MOU), this initiative aims to provide investment opportunities to small and micro enterprises. […]

August 23rd, 2024

As the world’s population rises, governments continue to be concerned about global food security. To feed the growing global population, food availability must increase by at least 65% to 75% in the next 25 years. This has a huge impact on our agricultural ecosystem. It is true that in order to meet demand, more arable land needs to be generated […]

July 26th, 2024

Sian Cuffy-Young is a triple threat – a waste management educator, social entrepreneur, and consultant. Her road to get here has been scrappy, filled with hard-won battles against self-doubt. However, she is now on the path to disrupting how we educate on waste management across the Caribbean region. Conservation starts at home Cuffy-Young’s been resilient and driven through it all: […]

July 26th, 2024

Shaping Our Future The non-energy manufacturing sector supported by the Trinidad and Tobago Manufacturers’ Association (TTMA) continues to grow its contribution to the country’s GDP, with our ultimate goal to double the value of non-energy manufacturing exports by 2025, moving from TT$3.6 billon to TT$7 billion. TTMA continues to make strides in this area as the manufacturing sector’s contribution to […]

July 17th, 2024

By Natalie Dookie Roger RoachPresidentTrinidad and Tobago Manufacturers’ Association (TTMA) The manufacturing sector continues to surpass expectations. In preparation for Industry 4.0, local manufacturers are leveraging technology, building supply chain resilience, and adopting new strategies. The future is now. What are the trends shaping the future of manufacturing in Trinidad and Tobago? Industry 4.0 is at our doorstep and the […]

July 17th, 2024

What are the top trends to watch in the insurance industry in 2024 and beyond? Emerging Insurance Trends in Trinidad and Tobago: A 2024 OutlookAs we navigate through 2024, the Trinidad and Tobago insurance industry is witnessing a transformative phase that began in recent years, but fast-tracked due to the advent of Covid 19. This transformation is driven by a […]

July 4th, 2024

Over the last 30 years, flood and tropical storm damage in the Caribbean has affected 1.5 million persons directly and caused over US$5 billion in damage. Extreme weather events in the region are increasing in frequency and intensity. Therefore, there is a growing need to explore options for managing and transferring risks associated with climate change. Caribbean countries face a […]

July 4th, 2024

By Jeanette G. Awai Kyle MaloneyCo-FounderTech Beach Retreat (TBR) Transforming Trinidad and Tobago’s business sector from tech consumption to tech production requires aggressive investment in digital education. According to Kyle Maloney, Co-Founder of Tech Beach Retreat (TBR), we need knowledge-based workers to power this change. Maloney shares his vision for the sector, “My position is that in the next ten […]

June 26th, 2024

There has been a remarkable transformation of the financial services sector in Trinidad and Tobago, with the continuous flux of rapid technological advancements driving changing customer preferences. The digital financial services (DFS) sector’s ever-shifting landscape is fuelled by an array of emerging DFS solutions. The rise of digital financial services in T&T The financial services sector has experienced significant transformation […]

June 26th, 2024

Vashti G. Guyadeen, Chief Executive Officer, Trinidad and Tobago Coalition of Service Industries (TTCSI).  Trinidad and Tobago boast a diverse range of more than 100 registered and active business support organisations (BSOs), including chambers of commerce and specialised associations, each playing a pivotal role in the economic vibrancy of this country. Among these, the Trinidad and Tobago Coalition of Service Industries (TTCSI), […]

June 5th, 2024

Embracing Innovation and Human Development For the last two and half years, businesses in Trinidad and Tobago and around the world had to combat and adapt to the culmination of the pandemic and the many problems that ensued from the war in Europe. Economic headwinds came in the form of supply chain disruptions, increasing inflationary pressure at the pump and the […]

June 5th, 2024

The Trinidad and Tobago Coalition of Services Industries (TTCSI) plays a crucial role in driving the growth and development of Trinidad and Tobago’s services sector. Established in 2006, the TTCSI brings together various services associations and organisations to address trade and development issues, making it a vital force in the country’s economy. With the services sector contributing a substantial 58% […]

June 5th, 2024

Hayden AlleynePast PresidentShipping Association of Trinidad and Tobago(SATT) from 2020 – 2022 Expanding port capacity in Trinidad and Tobago (T&T) is crucial for enhancing the country’s economic competitiveness and supporting its role as a key player in the Caribbean shipping industry. T&T’s two major cargo ports, the Port of Port of Spain and the Point Lisas Industrial Port Development Corporation […]

May 22nd, 2024

By Bavina Sookdeo Sonja VoisinPresidentThe Shipping Association of Trinidad and Tobago (SATT) The shipping industry has recently undergone significant changes and challenges driven by the dynamics of demand and supply. Trinidad and Tobago’s containerised cargo volumes have strongly recovered, exceeding pre-pandemic levels by 11%. However, regional trade faces challenges from oversupply in interregional trade lanes, causing longer transit times and […]

May 22nd, 2024

By Kieran Andrew Khan Jean-Paul de MeillacChief Executive OfficerTerra Caribbean Trinidad The real estate market continues to reverberate from the economic fallout of the COVID-19 pandemic. Jean-Paul de Meillac and Terra Caribbean Trinidad track the data and think more can be done to create an equitable, profitable, and mutually beneficial real estate market that spurs economic growth and security. The […]

May 14th, 2024

By Sheldon Waithe George A. Laquis IIManaging DirectorFlags-TC International In a post-pandemic environment, the rapid rise of new technologies, together with heightened awareness and increased commitment to implement sustainable programmes, have redefined most industries. While this has created significant excitement about the future of Trinidad and Tobago’s construction sector, it is tapered with the reality of being able to keep […]

May 14th, 2024

by Plimmer Real Estate How to find your dream home and why you should list your Property with a certified/ bonafide Real Estate Agent. EDUCATION & EXPERIENCE: You don’t need to know everything about buying and selling real estate if you hire a real estate professional who does. Henry Ford said, “when you hire people who are smarter than you […]

May 14th, 2024

Article by: Paul Hadden Ryan LatchuPresidentAutomotive Dealers Association of Trinidad and Tobago As the world continues to move towards cleaner energy sources, many are transitioning from cars with traditional internal combustion engines to electric vehicles. In recent years, one of the most exciting developments in the local automotive industry has been the increased interest in electric and hybrid vehicles and […]

May 8th, 2024

By Sheldon Waithe Eng. Dr. Trevor TownsendPresidentAssociation of Professional Engineers of Trinidad & Tobago (APETT) The world of engineering is constantly evolving. Digital transformation is shaping the landscape of the future of the engineering industry. The growth of renewable energy coupled with automation is set to impact timelines and budgets positively. What are the key trends shaping the future of […]

May 8th, 2024

INTERVIEWDr. Graham KingDirector, St Augustine Centre for Innovation and Entrepreneurship (StACIE), at University of the West Indies. T&T’s automotive sector moves ahead Change is inevitable and this is evident in T&T’s automotive sector; the country is moving from Driver’s Permits to Driver’s Licences, deemed to be more secure, modern and internationally recognised. On the move also is the Licensing Division […]

May 8th, 2024

This year’s theme, ‘Shaping Our Future’ is indeed timely. The business ecosystem is experiencing unprecedented shifts and leaders are increasingly focused on anticipating potential challenges or predicting future trends within their respective industries. Artificial intelligence, big data and other digital and cyber-physical technologies are set to usher in a new industrial revolution within Trinidad and Tobago and the wider Caribbean. […]

April 24th, 2024

Cavelle Joseph-St. OmerPresidentHuman Resource Management Association of Trinidad and Tobago (HRMATT) Artificial Intelligence and data are the key to organisational efficiency. Companies that embrace IT platforms for effectively managing people are poised to operate at their best. The best organisations will use technology to shape better employees and create innovative ways of working. The role of human resources (HR) has […]

April 22nd, 2024

HADCO Experiences at Asa Wright Nature Centre In 2021, HADCO Group won the bid to operate the ecolodge at Asa Wright Nature Centre, offering bespoke experiential vacation packages and accommodation for local and international travellers seeking eco-friendly getaways in our beautiful twin isle. Nestled amidst the captivating rainforests of the Arima Valley, HADCO Experiences at Asa Wright Nature Centre also […]

April 17th, 2024

Lt. Col. Michael Jones, Executive Director, CARICOM Implementation Agency for Crime and Security (IMPACS). The Caribbean is a unique geographic grouping of oceanic states. While striving to improve trade and alliances amongst the islands, criminal elements are also doing the same. CARICOM Implementation Agency for Crime and Security (IMPACS) Executive Director, Lt. Col. Michael Jones, shares his insights on regional […]

April 10th, 2024

INTERVIEWMarcus TewariDirector of Broadview Surveillance Systems The impacts and costs of crime are seen and felt everywhere. But some approaches can begin to turn the tide. Director of Broadview Surveillance Systems Marcus Tewari sees the reality of our national insecurity daily. “The need for greater security and secure property development and management is evident daily here,” he points out. “The […]

By: Pro  |  April 9th, 2024

The healthcare landscape globally is witnessing a profound transformation, fuelled by technological advancements and evolving patient needs. In an interview, Dr. Mitra Maharaj, Occupational Medicine Physician and Council Member of the Trinidad and Tobago Medical Association (T&TMA), discussed the key healthcare trends influencing the future of healthcare in Trinidad and Tobago. Technology meets healthcareBy enabling virtual consultations, video conferencing, and […]

April 4th, 2024

Senator The HonourablePaula Gopee Scoon, Minister, Ministry of Trade and Industry The Trinidad and Tobago economy continues to show remarkable resilience as a result of deliberate and decisive action by the Government of Trinidad and Tobago. The Ministry of Trade and Industry (MTI) is working closely with the business community to shape the future of our businesses and develop our […]

March 27th, 2024

Richard Lewis, Chairman, Prestige Business Publications Limited. In this issue of ‘Who’s Who in Trinidad & Tobago Business,’ we explore the future of business. What is shaping our future? What are the trends, predictions, and insights propelling sectoral growth and development? In today’s rapidly evolving business landscape, the importance of embracing emerging technologies stands out. From artificial intelligence, machine learning, […]

March 27th, 2024

Rajiv Diptee, President – The Supermarket Association of Trinidad and Tobago (SATT). The supermarket of the future – this cutting-edge concept will combine traditional brick-and-mortar stores with efficient, convenient, enjoyable shopping experiences. Digital disruption in the supermarket Are supermarkets harnessing digital trends to expand market share? According to Diptee, “During the COVID-19 pandemic, we saw the introduction of apps, websites, […]

March 20th, 2024

Like many other countries, Trinidad and Tobago has implemented legislation to safeguard consumer rights and establish avenues for recourse in case of infringement. Consumers in T&T are entitled to certain rights to ensure their safety, satisfaction, and access to essential goods and services. These include the Right to Safety, the Right to Complain, the Right to Choose, the Right to […]

March 20th, 2024

A Resilient Retail Odyssey In the ever-evolving landscape of Trinidad and Tobago’s retail sector, we find ourselves embarking on a dynamic and transformative journey. Winds of change compel businesses to not only weather the shifts but to thrive despite them. This pivotal moment calls for adaptation, innovation and the wholehearted embrace of new strategies. We must first acknowledge the web […]

March 20th, 2024

It would have been hard to miss this year’s commemorations of International Women’s Day (IWD) in T&T. Businesses and organisations everywhere have embraced it wholeheartedly with rallies, promotions, and advertising. The woman who declared the first women’s day 115 years ago probably did not envision her idea would take hold so strongly worldwide. With women making up 46.7% of the […]

March 12th, 2024

March 8th, 2024

Eng. Dr. Trevor Townsend, President, Association of Professional Engineers of Trinidad & Tobago (APETT). The world of engineering is constantly evolving. Digital transformation is shaping the landscape of the future of the engineering industry. The growth of renewable energy coupled with automation is set to impact timelines and budgets positively. What are the key trends shaping the future of engineering […]

March 6th, 2024

George A. Laquis II, Managing Director, Flags-TC International. In a post-pandemic environment, the rapid rise of new technologies, together with heightened awareness and increased commitment to implement sustainable programmes, have redefined most industries. While this has created significant excitement about the future of Trinidad and Tobago’s construction sector, it is tapered with the reality of being able to keep pace […]

March 6th, 2024