Anglo Dutch

Patricio Torres,second from left Head of Nestle Anglo Dutch Caribbean Region and Elisa Doldron, second from right Business Executive Officer for Nestle Anglo Dutch Caribbean Region, toast with the newest juice, Orchard fruit &Veggie medleys at the launch held at Nestle Head Office, Valsayn yesterday. Photo : JERMAINE CRUCIKSHANK

ECONOMIC downturn in the Trinidad and Tobago (T&T) market since 2014 and 2015 is driving the agenda of Nestle in the Caribbean region, says the global food giant’s head of market in the Anglo Dutch Caribbean, Patricio Torres.

Headquartered in Switzerland, Nestle is the largest food and beverage company in the world with many brands that are household names in this region. Speaking in an interview at Nestle’s regional head office, located in Valsayn, Torres said some companies, faced with economic contraction, reduce costs and perhaps innovate less.

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This week, we at Bourse review some of the highlights of the fiscal year 2020 (FY2020) budget, as presented by the Minister of Finance last week Monday. We also take a look at some of the main fiscal stimulus measures mentioned and the investor opportunities which might be on the horizon.

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