Ascensos expects to grow to 300 seats in its Port of Spain operations.
PriceSmart Announces “Stellar” Results For Quarter Ending November 30, 2021
In many markets PriceSmart is the only reliable source for high quality grocery imports from the US, such as whole turkeys or authentic bacon, ham, cheeses & condiments.
KBR To Conduct Green Hydrogen Study For Trinidad & Tobago
KBR will analyze strategies for maximizing opportunities to establish a green hydrogen economy in Trinidad and Tobago
PriceSmart Reports Double Digit May Sales Increase
Fiscal year to date, which includes the nine months ended May 31, 2021, net merchandise sales increased 7.3% to $2,594.3 million from $2,418.8 million for the nine months ended May 31, 2020.
NiQuan Energy Opens Gas Liquefication Plant In Pointe-à-Pierre, Trinidad & Tobago
The GTL Plant is a production facility that takes natural gas and turns it into diesel fuel and naptha using the Low Temperature Fischer-Tropsch (LTFT) technology in a fixed bed system. NiQuan says the Trinidad facility is unique in the Americas and 1 of only 5 globally.
PriceSmart Declares Dividend, Names New Directors, Reports Sales Up 5.2% For January
PriceSmart, Inc. (NASDAQ: PSMT) earlier this week declared an annual cash dividend in the total amount of $0.70 per share, with $0.35 per share payable on February 26, 2021 to stockholders of record as of February 15, 2021 and $0.35 per share payable on August 31, 2021 to stockholders of record as ...
PriceSmart Announces Positive December Results, Currency Challenges In Trinidad
PriceSmart, Inc. (NASDAQ: PSMT) Net Merchandise Sales grew 2.8%, after negative 3.1% FX impact. Comparable Net Merchandise Sales decreased 1.7%, after 2.9% negative FX impact. E-Commerce Penetration was 2.8% of Total Net Merchandise Sales
Atlas Ocean Voyages Sets Fall 2020 Caribbean & South American Itineraries
Atlas Ocean Voyages today announced that the Luxe-Adventure Expedition Cruise brand is augmenting its inaugural-year offerings with four new Transatlantic, Caribbean and South America itineraries in October and November 2021.
Copa Airlines Contemplates Temporary Total Shutdown of Operations
With travel restrictions in place due to the Coronavirus COVID-19 pandemic, Copa Airlines issued a filing indicating that the company will reduce capacity by 80% but may shut down completely.
Report: Caribbean Countries Leveraging Advanced Technologies To Deliver Health Care and Education
Information and Communication Technologies (ICTs) are a major tool for increasing the effectiveness of productive economic sectors in over 30 Caribbean markets. In addition to shortening processing times and handling citizens’ documentation requests by using an eGovernment platform, ICTs are ...
Moody’s affirms Trinidad & Tobago’s Ba1 ratings; maintains stable outlook
Moody’s Investors Service has this past week affirmed the Government of Trinidad & Tobago’s Ba1 long-term issuer and senior unsecured debt ratings and maintained the stable outlook. The affirmation of the Ba1 ratings is supported by the following factors: Sizeable ...
Trinidad & Tobago’s Economy On Track To Outpace World Bank Forecast: Oxford Business Group
On April 19 the World Bank revised its forecast from earlier in the month, which had predicted that Trinidad &Tobago would slip into a recession. In a press release, the international lender said the twin-island nation was expected to post real ...
Interview: TSTT Is Building More Data Centers to Meet Rising Demand in Trinidad and Tobago
"In terms of customer data and financial records — because of the laws that exist around the world — everybody wants to keep their data local," says Paul Mayne of TSTT.
Exclusive Video Interview: Peter Ryan Discusses Caribbean BPO with FinanceTnT
During the recent CAIPA event that took place in Montego Bay, Jamacia, Analyst Peter Ryan of Ryan Strategic Advisory speaks with Finance TnT’s Loren Moss on the Caribbean’s improving prospects as a nearshore BPO destination, and why global companies are ...
CAIPA’s Outsource to the Caribbean Event Considered a Success, but Must Be Built Upon
The Caribbean Association of Investment Promotion Agencies (CAIPA) held the Outsource To The Caribbean 2017 conference in Montego Bay, Jamaica in December. The event brought together Caribbean basin Investment Promotion Agencies (IPAs) from around the region, from Belize all the ...
50 Graduate from T&T IFC Global Business Services and Soft Skills Program
In November, a class of 50 students graduated from the business process outsourcing (BPO) training program of the Trinidad and Tobago International Financial Centre.
Critical Factors to Consider Before Selecting a Nearshore Location, Part 4: Service Specialization
“When you’re not India ... then you have to really start prioritizing,” says Johan Gott of AT Kearney. “You really need to think about, ‘How is the niche that we are playing in better than anyone else’s?’”
Trinidad and Tobago Moves Up Two Spots in A.T. Kearney’s Global Services Location Index
TTIFC says this improvement "solidifies T&T's rising international status as a competitive and ideal location for finance and accounting BPO."
Notable Trinis Show Trinidad & Tobago Is an Outsized Source Of Talent for Global Knowledge & Technology Leadership
Some places in the world tend to be hotspots for certain types of talent. Silicon valley gives the world lots of innovative startups. Kenya is known for its marathon runners. And while Trinidad & Tobago is already famous for its ...
Exclusive Interview: Anya Schnoor Discusses Why Scotiabank Chose Trinidad & Tobago For Its Regional Operations And Processing Center
Top-tier global banks like Scotiabank have a presence in multiple markets, and as large employers, they can also write their own ticket when it comes to site selection. Scotiabank chose Trinidad & Tobago as the location for their Caribbean regional ...
Fujitsu & Scotiabank Demonstrating Success in Trinidad & Tobago
According to an article in Nearshore Americas that the author did after speaking with Scotiabank director Anya Schnoor, Scotiabank has been very happy with their decision to locate a 68,000 square foot operations center in Chaguanas, Trinidad. From the modern ...
RBC’s Operations Center For Southern Caribbean Employs 400 In Trinidad & Tobago
Trinidad & Tobago’s Daily Express reported on RBC Financial’s $35 million back office processing center servicing the bank’s Southern Caribbean region. Now open three years, the operations center handles credit operations and processing for 20 countries, including Suriname in South ...
Trinidad & Tobago Key To Scotiabank’s International Network, Say Executives
“For us, T&T plays a key role even beyond its borders, operating a processing hub to service numerous countries in our Caribbean footprint,” said Scotiabank executive Dieter Jentsch at an event celebrating Scotiabank’s 60+ years in Trinidad & Tobago. In ...
TTIFC Launches International Outsourcing Summit June 15-16, 2016
The Trinidad & Tobago International Financial Centre (TTIFC) is hosting its first ever International Outsourcing Summit June 15-16 in Trinidad & Tobago’s capital city, Port of Spain. The event highlights Trinidad & Tobago’s benefits and advantages as a nearshore Business ...
Expert Opinion: Silvestre Melo Discusses The Trinidad & Tobago Advantage for FP&A Outsourcing
Silvestre Melo is an outsourcing professional with a career spanning over 20 years in the US and Latin America, leading teams from Nortel, PwC, Pepsico, and others, from Brazil to the USA and destinations in between. After recently visiting Trinidad ...
Trinidad & Tobago Insurance Limited Rated “Excellent” By A.M. Best
OLDWICK, N.J.–(BUSINESS WIRE)–A.M. Best has affirmed the financial strength rating of A- (Excellent) and the issuer credit rating of “a-” of Trinidad & Tobago Insurance Limited, in the country of Trinidad & Tobago. The outlook for each rating is stable. The ratings ...
DHL Launches Streamlined International Shipping Option For Trinidad & Tobago SMEs.
Global express shipping services provider DHL has announced the launch of Express Easy, a new service that brings simple, all-inclusive rates to international shipping in Trinidad & Tobago. The service, which is geared towards individuals and SMEs (Small & Medium-sized ...
Trinidad’s Carnival “Greatest Show On Earth,” Not To Be Missed
Move over Mardi Gras, step aside Rio Carnaval, Trinidad & Tobago has the greatest pre-Lenten celebration in the world. Each year, over 40,000 visitors join 780,000 locals to jump, dance and wave to the beat of pulsating soca rhythms during ...
Enterprise Rent-A-Car Opens 2 Locations at Trinidad & Tobago Airports
Enterprise Holdings Inc. announced last week that it is expanding the Enterprise Rent-A-Car brand’s presence in Trinidad & Tobago, as part of a general expansion in Latin America and the Caribbean with the opening of 22 new locations throughout the region, in total. The auto rental ...
Trinidad & Tobago Receives $25 Million IDB Loan To Streamline Trade
The Inter-American Development Bank (IDB) has approved a $25 million loan to Trinidad and Tobago to help the Caribbean nation improve its trade facilitation processes, part of an effort to boost and diversify the economy. The loan will help strengthen the country’s ...