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.

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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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Increases in food prices have been minimal under the People’s National Movement (PNM), with prices going down for certain items in contrast to the large increases under the Kamla Persad-Bissessar administration.

SAGICOR Financial Corporation is paying nothing to CLICO and British American Trinidad to acquire their tradition insurance portfolios, worth over $8 billion, as the regional insurance company is acquiring insurance liabilities that have a greater value that the total investment assets that are to be transferred to Sagicor.

CLICO has not made a current, formal offer to sell its Methanol Holdings International Ltd (MHIL) shares to the methanol producer’s minority shareholder, Consolidated Energy Ltd.

IT IS one of the most incentivised sectors, yet T&T’s agriculture industry isn’t attracting new farmers. Furthermore, food production has not increased. Last week, in delivering his 2020 budget, Finance Minister Colm Imbert said the Government would remove all taxes and duties on inputs for the industry.

The United States independent company, Apache, has drilled a wildcat on Suriname’s block 58, probing a prospect considered to be closely on trend with one of the 14 discoveries made by US major, ExxonMobil, in neighbouring Guyana.

WITH business booming in Guyana since its multiple oil discoveries, local energy sector service companies have wasted no time in setting up branches there. . “Companies offering taxi services, for instance, are booming,” says Javed Razack, a geophysicist, employed as a director of contracts and proposals with Ramps Logistics Ltd.