Tobago expects 36 cruise ship visits this year

Cruise ships calling at St George's, Grenada. photo: Richard Charan

Have you ever bought a product in a foreign country that appears by its name to be made in the Caribbean, but then you realize that it is not? As much as the Caribbean region has talented innovators who create and produce marketable products, a real danger exists that many of these products are not fully protected against infringements and unfair competition in international markets.

The inability to prevent others from using domestic place names on products made by foreign counterparts is a real challenge that Caribbean exporters face in foreign markets.

That this is not often recognized as a problem is one of the Achilles’ heel to sustainable innovation in the region. 

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Moody’s Investors Service (Moody’s) affirmed the Ba1 corporate family rating on National Gas Company of Trinidad & Tobago’s (NGC) and its $400 million global bonds due 2036.

NATIONAL Security Minister Stuart Young said last night he has always recused himself whenever the issue of NCB Global Finance has been raised in any Cabinet note.

AFTER 25 years, the Unit Trust Corporation has decided to discontinue trading in foreign currencies, the financial institution’s executive director, Nigel Edwards, said yesterday.

GOVERNMENT has an $18,992 balance a $7 million loan it took in 1941 under the War Loan Ordinance of 1941.

It’s one of several loans the Government has with local financial institutions which amount to close to $50 billion.

WITH restaurants opening back up in the first phase of the easing of restrictions as a result of the Covid-19 pandemic, people still do not have to venture out for food as there is an app that brings deliveries right to your doorstep.

DIGICEL mobile phones are in more hands and pockets than any other telecommunications company in Trinidad and Tobago and the Caribbean. But the company is facing a battle for its survival as it deals with declining revenues, increasing finance costs and what its directors refer to as “unsustainable volumes of funded indebtedness”.