IN the last four years Chinese tech firm, Huawei, has invested $272 million (US$40 million) in Trinidad and Tobago.

“And we will continue to invest in developing this country because we have long-term plans for T&T,” pledged Jeff Jin, Huawei’s newly appointed chief executive officer for T&T and the Eastern Caribbean.

Among those plans is Jin’s “personal goal” of T&T transforming into the ICT hub of the Eastern Caribbean.

“Why not? You already have the infrastructure,” he said.

Get caught up with news from the news leader
Subscribe now and get access to the Trinidad Express E-paper

Express Business sat with Jin on Monday, at the Huawei’s T&T office on the Western side of the Queen’s Park Savannah, where he expanded on his focus for the T&T market and briefly discussed the recent US trade sanctions against the company.

The 41-year-old officially took up office on July 18.

He is responsible for overseeing strategic growth, development and overall operations for all of T&T and the Eastern Caribbean.


This week, we at Bourse review both the local and select international fixed income market performance thus far for 2019. The local market remained subdued despite the promise of new offerings for investors, while the international bond investors have experienced positive returns for 2019.

NIQUAN Energy Trinidad (NiQuan), the energy start-up that purchased the rights to Petrotrin’s abandoned Gas-to-Liquids (GTL) plant, went to market in May to raise US$100 million.

GOVERNMENT could be forced to make a termination payment of up to an estimated US$43 million to the China Gezhouba Group International Engineering Co Ltd (CGGC) for the cancellation of its contract with the Housing Development Corporation (HDC), according to Express Business calculations based on local high-rise apartment construction costs and profit projections.

BP, one of the world’s largest oil and gas companies, is concerned about the global rise in energy consumption. “BP’s position is we want to see a rapid transition to a low carbon energy system,” said Spencer Dale, chief economist of the BP Group. 

YOU MAY have seen him walking the streets of Port of Spain. He’s always dressed to the nines in his shirt and matching tie, sporting our national flag on his shirt sleeve. He holds an army-green case in each hand with neat rows of delicious, homemade cassava pone inside.