Founder and CEO of Ten to One Rum, Marc Far­rell, says glob­al de­vel­op­ments have re­sult­ed in the rise of a new gen­er­a­tion of con­sumers who val­ues prove­nance, au­then­tic­i­ty and trans­paren­cy as part of their pur­chase cri­te­ria.

De­spite Caribbean Air­lines (CAL) re­port­ing loss­es and hav­ing sev­en chief ex­ec­u­tive of­fi­cers in ten years, the work­ers and the brand were able to weath­er the storm and be re­silient.

This year’s cruise sea­son is ex­pect­ed to rake in $56 mil­lion, Tourism Min­is­ter Ran­dall Mitchell told the Busi­ness Guardian on Tues­day.

By my cal­cu­la­tion, the three-year term of of­fice of the Gov­er­nor of the Cen­tral Bank of Trinidad and To­ba­go, Dr Alvin Hi­laire, comes to an end on De­cem­ber 22, 2023, which is just over a month away.

While T&T’s Growth Do­mes­tic Prod­uct (GDP) is grow­ing again, Uni­ver­si­ty of the West In­dies (UWI) Pro­fes­sor of Eco­nom­ics Roger Ho­sein be­lieves that the busi­ness sec­tor will on­ly ful­ly ben­e­fit once there is a re­duc­tion in the crime wave that has swept the coun­try.

The In­ter-Amer­i­can De­vel­op­ment Bank is con­cerned about the slow im­ple­men­ta­tion of dig­i­tal­i­sa­tion in Latin Amer­i­can and the Caribbean.

New chair of the Na­tion­al Pro­duc­tiv­i­ty Coun­cil (NPC) Dr An­dré Vin­cent Hen­ry is con­fi­dent that the re­cent­ly re­con­sti­tut­ed body will come up with new ideas and strate­gies that will lead to a more ef­fi­cient work­force, which will even­tu­al­ly strength­en the econ­o­my.

Caribbean mo­bile pay­ment so­lu­tions and fin­tech com­pa­ny, Wi­Pay, which was found­ed by Point Fortin’s Ald­wyn Wayne, launched its Colour mo­bile app in Medillin, Colom­bia last Thurs­day, to co­in­cide with the com­pa­ny’s sixth Wi­Day.

Na­tion­al Com­mer­cial Bank Ja­maica (NCB) yes­ter­day an­nounced the ap­point­ment of Dr. Kar­ri­an Hep­burn Mal­colm to lead a new­ly-es­tab­lished Wealth Man­age­ment di­vi­sion, ef­fec­tive De­cem­ber 4, 2023.

If T&T is to fur­ther pro­pel the man­u­fac­tur­ing sec­tor on its up­ward tra­jec­to­ry, the crit­i­cal ques­tion to be asked is how can this coun­try take ad­van­tage of the chang­ing eco­nom­ic land­scape, while con­tin­u­ing to pur­sue new op­por­tu­ni­ties to bol­ster re­silience, agili­ty and growth.

ANSA McAL Group CEO, An­tho­ny Sab­ga III said yes­ter­day that coun­tries in the re­gion, in­clud­ing T&T, should con­sid­er mak­ing their com­pa­nies and gov­ern­ments “hard tar­gets” for hack­ers, by pass­ing leg­is­la­tion out­law­ing the pay­ment of ran­soms for cy­ber­breach­es.

The trans­porta­tion is­sue must be ad­dressed in To­ba­go to deal with the vol­ume of tourists for the cruise ship sea­son, which be­gan this month and runs till April 2024.