GEISHA KOWLESSAR-ALONZO
Senior Reporter
geisha.kowlessar@guardian.co.tt
Export growth, international competitiveness and the power of local enterprise to shape T&T's future converged at the T&T Chamber of Industry and Commerce's Champions of Business Awards 2026 on Wednesday evening, where businessleaders, exporters and policymakers celebrated companies that continue to prove that homegrown success can translate into global impact.
From manufacturing giants exporting across continents to service providers competing in knowledge-driven industries, the message throughout the ceremony which took place at the Hyatt Regency was clear: T&T's private sector remains one of the country's greatest assets, and its continued success would be critical to creating jobs, generating foreign exchange and driving sustainable economic growth.
Trade, Investment and Tourism Minister Satyakama Maharaj said the achievements being celebrated were not simply corporate milestones but examples of the innovation, resilience and ambition needed to strengthen the national economy.
"Policy maps our potential but this room powers our economic sovereignty. You are the builders, the innovators and the relentless risk-takers championing Trinidadian excellence worldwide," Maharaj told the audience.
He stressed that supporting business development remains central to the Government's economic agenda.
"At the Ministry of Trade, Investment and Tourism, private sector ambition isn't supported arbitrarily. It is the engine we actively build around, invest in and support unapologetically," he said.
Maharaj delivered the presentation for the award recognising the The Coconut Growers Association, operating as CGA Ltd, as the Internationally Known T&T Owned Company of the Year.
The minister described the company as "a pillar of our economic history and a titan of modern manufacturing."
The minister traced the company's evolution from a collective of local coconut farmers established 89 years ago into one of T&T's leading manufacturers.
Today, the Laventille-based company supports nearly 300 jobs and exports products to 13 international markets, ranging from Caricom territories to consumers in the United States.
Highlighting brands such as Nariel and Marigold, along with the company's Cedros Bay vegan personal care line, Maharaj said strategic investments, digital transformation and a commitment to international quality standards enabled the business to remain competitive in an increasingly demanding global marketplace.
"They prove every single day that Trinidad and Tobago is not just a consumer of world-class products. We are an undisputed creator of them," he added.
The conversation around exports and international expansion extended beyond manufacturing.
Caribbean Export Development Agency executive director Dr Damie Sinanan pointed to the growing importance of services exports, describing the sector as one of the most dynamic components of global trade.
Citing World Trade Organisation data showing global services exports reached US$9.6 trillion in 2025, Sinanan said Caribbean businesses are increasingly well-positioned to compete internationally through professional services, digital services and the creative industries.
"Across professional and digital services, the creative industries and other knowledge-based activities, the opportunity is substantial. Our people have the skills and ideas to serve clients around the world," he said.
Sinanan noted that over the last three decades Caribbean Export has supported regional businesses through export-readiness training, capacity-building programmes, market development initiatives and its Services Go Global programme, helping firms access opportunities beyond their domestic markets.
Those ambitions were echoed by T&T Chamber president Karen Yip Chuck, who said the awards recognised not only commercial success but the perseverance, vision and leadership required to build enduring enterprises.
"We honour the vision, courage and perseverance behind business achievement and the contribution that enterprise makes to Trinidad and Tobago," she said.
Yip Chuck said this year's finalists reflected the breadth of business excellence across entrepreneurship, innovation, sustainability, SME growth and international expansion, while the introduction of the Caribbean Services Exporter of the Year Award underscored the growing importance of knowledge-based industries to regional development.
She also highlighted initiatives such as the chamber's export action programme and efforts to establish a Caribbean Export Academy, aimed at helping more businesses access international markets and scale their operations.
"I invite everyone here to help extend that success. Mentor an entrepreneur. Create an opportunity for a smaller supplier. Share your experience. Help a local business enter a new market," she urged.
The evening also celebrated excellence across a broad cross-section of the business community.
In addition to CGA Ltd, award recipients included Control Technologies Ltd for Breakthrough Exporter of the Year, Just Kidz Emergency Medical for Entrepreneurship, Renewable Power Caribbean Ltd for the Green Agenda Award, PrototabTT — Solar PoniX for Innovation, Chambers Media Solutions and Giscad Limited in the SME categories, while Media InSite Ltd captured the Caribbean Services Award.
Business Hall of Fame honours were bestowed on Madame Ramdoolarie Maharaj posthumously and Ramnarine Rampersad, recognising their lasting contributions to business development in T&T.
