In spite of lingering security concerns, the twin-island nation of Trinidad & Tobago is attracting fresh investment in a number of areas.
Category: Caribbean
Reaching Out
Opportunities offered by Cuba’s vast consumer market are looking increasingly attractive for neighbors in the Caribbean.
Trading Up in Paradise
The economic prospects for much of the Caribbean are better than they have been in years. Hopefully political issues won’t derail progress.
First Female PM For Jamaica
Jamaica is to get its first female prime minister next month when the country’s current leader, 70-year old PJ Patterson, steps down. Patterson is retiring after 14 years in office to be replaced by the newly elected leader of the ruling People’s National Party, Portia Simpson Miller. Miller, 60, minister of local government, community development and sport, beat off rival party candidate and national security minister, Dr Peter Phillips, considered to be the favorite to succeed.
Jamaica Sells $250 Million Globals
Jamaica sold $250 million global bonds yesterday, Tuesday, at a yield of 8.55%. The 30-year bonds are due February 28 2036 and are rated B by Standard & Poor’s and B1 by Moody’s Investors Service. Jamaica last issued a long-term global bond in October, when it sold $250 million 20-year globals at a yield of 9.375%.
Hunting for Champions
LatinFinance picked over 20 banks across Latin America and the Caribbean as the very best in the business. This is how we chose the winners.
High Expectations
With the bottom falling out of agricultural markets, Caribbean governments are now being forced to diversify their economies and get serious about economic integration.
Kings and Queens
LatinFinance has compiled its second annual ranking of the 50 most powerful and influential people in Latin America and the Caribbean, spanning business, politics, government, academia and even pop culture.
Looking Beyond the Horizon
Vast oil wealth has made Trinidad & Tobago the Caribbean’s financial center, but limited opportunities at home are driving banks offshore.
Sun, Sand and Sports
The Caribbean is selling itself to sports fans, starting with cricket. Governments are already spending millions to prepare for the 2007 Cricket World Cup.
