Category: Caribbean

The Caribbean is battling a particularly difficult global environment. Economies throughout the region face serious challenges, although oil-rich Trinidad and Tobago is in better shape than most.

Trinidad and Tobago?s embryonic capital markets could
get a much-needed boost, now that the country?s 11-month political stalemate is over.

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.

Caribbean nations with substantial offshore financial sectors have not responded uniformly to international efforts to crack down on money laundering and tax evasion.

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.

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.