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.


AGREEMENT has been reached between Minister of Finance Colm Imbert and the T&T Chamber of Industry and Commerce that will allow local businesses to get cash for the billions of dollars in Value-Added Tax refunds owed to them by the end of next month.

HIGH fuel costs and traffic congestion are causing more people to purchase motorcycles for travelling short distances.

AFTER deliberating on the First Citizens Initial Public Offering (IPO) for more than 19 months, Director of Public Prosecutions, Roger Gaspard, concluded that there was “insufficient evidence” from an investigation conducted internally by a team from the Trinidad and Tobago Securities and Exchange Commission (TTSEC) “for a realistic prospect of conviction for any offence under the Securities Act Chapter 83.02.”

SOME 50 exporters across 13 sectors have received about US$21 million to purchase raw materials and other inputs, in the facility established by the Government and executed by T&T’s EXIMBank to ease access to foreign exchange.

REGULATORY compliance is essential to the orderly functioning of the securities market. Registrants registered with the Commission should establish effective policies, operational procedures and controls in relation to their day-to-day business activities in order to ensure compliance with all relevant regulatory and legal requirements.