June 22, 2021 Regional economist Marla Dukharan evaluates the facts behind borrowing from the IMF, the major risks to T&T’s debt sustainability and external accounts based on updates presented by…
Category: TRINIDAD & TOBAGO
CariCRIS assigns ‘high’ creditworthiness ratings to $150m TT bond issuance.
June 15, 2021 Caribbean Information and Credit Rating Services Limited (CariCRIS) has assigned initial issue ratings of CariAA- (Local Currency Rating) on the regional rating scale, and ttAAon the Trinidad…
TT Central Bank issues Mergers and Acquisitions Guidelines ahead of global uptick in takeovers.
By Kimberly Ramkhalawan kramkhalawan@caribmagplus.com The recent uptick in mergers and acquisitions happening in Trinidad and Tobago has prompted its Central Bank to introduce some guidelines aimed at regulating these types…
Another TT Methanol plant closes, Cites Natural Gas prices.
By Kimberly Ramkhalawan kramkhalawan@caribmagplus.com On April 1, many in the Trinidad and Tobago energy sector would wake up to the announcement that yet another plant closure was looming at the…
Trini’s Habanero- holding prices despite pandemic!
By: Staff Writer March 19, 2021 A Trinidadian sauce manufacturer has held prices and never lost sight of exports despite the fact that the cost of raw materials “skyrocketed” as…
Bahamian Oil Company finds no oil in Bahamian waters- moves to Trinidad and Suriname!
By: Staff writer February 9, 2021 The Bahamas Petroleum Company (BPC) has found no oil in Bahamian waters and will now move on to the Southern Caribbean BPC in a…
CDB Awards US$50k in Grants to Animation, Film Projects in Saint Lucia and Trinidad and Tobago
By: The Caribbean Development Bank February 5, 2021 The Caribbean Development Bank (CDB) has awarded US$ 50,000 in grant funding to two film and animation entities in Saint Lucia and…
RBC is proud to work with IDB in $250M (TT) Trinidad mortgage scheme.
By: Staff Writer November 11, 2020 A senior RBC executive said that he is “proud” to help provide finance to Trinidad’s Home Mortgage Bank as a part of an Inter-American…