Globalization? Think fast. Act faster. And Trinidad knows that.
Last week they continued talks with Chinese officials who paid a visit to their country to the country. The Guardian reports that “Trade Minister Vasant Bharath hosted a visiting Chinese delegation, led by Shan Zhong, International Trade Representative (Ministerial Level) and Vice Minister of Commerce.” Continue Reading
Scrap metal is big business in the Caribbean! | Photo by Docman
Its a scene, seen only too often. Local dealers being crushed by big international players. The have reach, they have money, and they have resources… and you have, well patriotism.
Same thing in Trinidad. The local mom and pop scrap metal dealers are now complaining that the international companies that were supposed to be there temporarily, have now set up shop and are giving them stiff competition. Continue Reading
Boats waiting at the Panama Canal. Photo by zachstern
As Bloomberg reports, ‘The Panama Canal, handling 5 percent of world trade, may change how it calculates tolls for ships carrying energy cargoes to boost traffic once a US$5.25 billion expansion is complete in 2015.’ Continue Reading
Jamaica as a Logistics Hub. Big Business!
Project of National Importance
Jamaica’s Minister of Industry, Investment and Commerce, Anthony Hylton has said that the Government is fully behind this new project to position Jamaica as a logistics hub. In signalling its full support for the project the Government has elevated the status of this project to national priority, pointing out that the logistics hub initiative must be viewed as a flagship project, this according to a release from the Jamaica Information Service. Continue Reading
Scotia Group Jamaica Limited (Scotiabank Group), the parent company of The Bank of Nova Scotia Jamaica Limited (BNSJ) has established a subsidiary company that will provide lending products to the microfinance market in Jamaica. The company – Scotia Jamaica Microfinance Company Limited – will trade as CrediScotia and begins operations on Tuesday, November 1, 2011. CrediScotia will provide loans from a minimum of $60,000 to a maximum of $850,000 to micro entrepreneurs involved in the manufacturing and trading of goods and services.