Crime and other related issues

Investors Worried, But Not Yet Deterred By Alarming Crime Rates In Trinidad & Tobago

Trade and Industry minister for the twin islands of Trinidad & Tobago, Minister Vasant Bharath, recently reported that the significant presence of crime in the country’s society has not deterred foreigners from investing in the nation’s development.

“I believe there are many countries in the world with high crime rates and that doesn’t preclude them from getting and attracting business. I’m not saying it doesn’t matter because clearly it does and is brought up by foreign direct investors, but we have many other pluses. We haven’t encountered any investors who say they aren’t coming because of crime, so it’s not the militating factor. But the issue is how we can deal with it,’’

The country’s capital, Port of Spain, is currently being evaluated by Chinese engineers to determine the feasibility of an upgrade that will facilitate greater trading opportunities.

Crime and violence is no doubt a menace to any country’s development and growth. How long do you think it will take for crime to start scaring foreigners away from investing in a diversified economy such as Trinidad & Tobago?

Crime, Macroeconomic, News Ticker

T&T Minister: ‘Keep Calm, & Invest’. Crime Ain’t Really A Deterrent For Investors

Trinidad and Tobago Minister of Trade and Industry, Vasant Bharath, has expressed that he is not convinced that potential foreign direct investors are fleeing from the islands because of the high crime rate.

He supported his stance explaining that many countries around the world also have high crime rates but this has not affected those territories from benefiting from investments.

Nevertheless, he acknowledged that the issue of crime is not something to be ‘swept under the carpet’ as it is indeed a problem. However, he distinctly swept away claims that crime could prevent the foreign direct investments. And rightfully so.

Fact is, Trinidad has some unique natural resources that automatically attract potential investors. Either they choose to not invest, or put protective measures in place where needed. Or is it that simple?

Crime, Macroeconomic, News Ticker

No Love For Scammers. Government Moves To Wipe Out J$300 Million Lost Each Year

At Least 30,000 Calls Made To The United States Daily

It’s well known that there has been an increase in the number of reported cases of scamming over the past few years. There has also been an increase in the number of Jamaican perpetrators involved. Continue Reading

Crime, Macroeconomic, News Ticker

Caribbean Tourism Imprisoned By Crime

One of the Caribbean’s major income earners is slowly being stifled by the cursed hands of crime. Unfortunately the volatile economies of the region are experiencing its horrifying effects, and soon it will have to rest in peace (R.I.P). Before things begin the spiral out of control, the governments of the respective nations within the region have been alerted and will now concoct an ingenious medicine to remedy the situation. Continue Reading

Crime, Macroeconomic

What Going to Prison Does For Your Earning Power. You’ll be Surprised!

A number of things impact whether you come out of prison better off, or worse. Some of these include, the length of time spent there and also what you went in for initially (e.g. drug addiction or gang related crimes). … Continue reading

Crime doesn't pay. Or does it?

Crime doesn't pay. Or does it? | Photo by Null Value

Crime, Macroeconomic

Police Killings, Crime and Doing Business in Jamaica (and the Caribbean)

The Reality of Crime and its Impact on Businesses It was just this weekend I was having a very sober conversation with my brother after hearing about the killing of Dr. Barrington Dixon, a stalwart in the medical profession – … Continue reading

Police hard at work

Crime, e-Update, Macroeconomic