Trinidad and Tobago?s embryonic capital markets could
get a much-needed boost, now that the country?s 11-month political stalemate is over.
Category: Caribbean
First Citizens’ Client Focus
Larry Howai Trinidad & Tobago is a small yet rich country where three relatively large banks compete fiercely for leadership. Yet from the depths of bankruptcy and restructuring almost a […]
Resource Rich, Politically Feeble
Trinidad and Tobago has more money than it knows what to do with. A debilitating political deadlock is making dealing
with this abundant liquidity an even greater problem.
An Inconsistent Response
Caribbean nations with substantial offshore financial sectors have not responded uniformly to international efforts to crack down on money laundering and tax evasion.
Life is not a beach
The major Caribbean countries this year face rising debt loads, election uncertainty and economic challenges.
To keep investors satisfied, they must maintain fiscal discipline and diversify their markets.
Making A Jamaican Statement
Canadian mutual fund magnate Michael Lee-Chin recently expanded his empire with the purchase of Jamaica?s largest bank. He plans to use National Commerical Bank?s 50 branches to distribute every conceivable financial product.
Getting an Unexpected Boost
Jamaica’s economy was just beginning to enjoy a renaissance when a bout of political violence last July that left 25 people dead was followed by the disastrous drop in tourism […]
Putting Closure on a Crisis
Jamaica has paid a heavy price for its botched financial sector liberalization of the 1990s. Omar Davies, Jamaica’s finance minister, estimates the 1997 banking crisis cost the country J$125 billion […]
A Dominican Rebound
Despite intense market volatility in September, the Caribbean country was able to raise $500 million with a debut global bond. The issue is an effort to develop the Dominican Republic’s yield curve.
Betting on the High Rollers
Belize is looking to diversify away from traditional agricultural exports to manufactures and Internet-based services. Online gaming could be a lucrative niche.
