The Business Corner

The Business Corner

Mondays 2pm

Feb 17th 2020

With the mass availability of the 1st homegrown music streaming service, Caziq, delayed to at least mid-2020, the C.E.O. of Precision Global Music,  leading producer Kasey Phillips and attorney Antonya Pierre, of Hove & Associates, assess how a platform developed in Trinidad may benefit local artistes.
In 2018, the Central Bank put household debt at over 55 billion dollars, and described it as ‘a vulnerability to an otherwise sound financial system’.
We hear from Bernard Fernandes, the C.E.O. of AV Knowles, about dealing with delinquent individuals and companies, and the collection and credit reporting agency’s move into pre-employment checks.
In the 3rd excerpt from his presentation at the American Chamber’s Economic forum on January 30th, the Caribbean Development Bank’s Director of Economics, Dr. Justin Ram, talks about resilience-financing, and the need for a digital payments platform.
Then, Aaron Nerahoo explains the thinking behind, and future plans for, the specially-trimmed, branded-on-demand coconuts, introduced with his associate, Anderson Williams, in 2017, as Johnny’s Young Coconuts.

Jan 10th 2020

On Feb 5, the formal launch of a Stakeholders Association seeking to advance the growing fin/tech sector of digital startups.
Aldwyn Wayne, C.E.O., and Keisha Wayne, Chief Compliance Officer, of WiPay (which facilitates paperless money transactions), and Matthew Moses, director, at the online insurance platform, Shyft TT, speak to the promise of faster, cheaper and more convenient services for the public, and of operating within the existing regulatory and legal frameworks.
Transparency advocate, Afra Raymond, comments about Trinidad and Tobago’s continuing slide on the annual global Corruption Perception Index, saying passage of the Procurement Act, and the role of the courts are of vital importance.
With the authorities announcing a ban on glass bottles on Carnival parade days, for security and safety reasons, drinks categories manager at the Carib Brewery, Antron Forte, and Kenny Attai, head of the Operations Command Centre for the Tribe group of mas’ bands, tell of how the beverage alliance and others parties are adjusting.
And we air the 2nd excerpt from the paper on the region’s future prospects, presented by the Director of Economics at the Caribbean Development Bank, Dr. Justin Ram, at an American Chamber forum on January 30th 2020

Business Corner – Feb 3rd 2020

In 2018, following an independent audit that showed some 80 million dollars in outstanding loan re-payments, the National Entrepreneurship Development Company (NEDCo) undertook a review of its operations and business model.
At the recent launch of its business accelerator programme, the Minister of Labour and Small Business Development, Jennifer Baptiste-Primus, gave a gentle reminder of the need to pay attention to detail.
C.E.O. of Exim Bank, Navin Dookeran, and Marketing Manager, Sheldon Thomas, explain how the multi-million U.S.-dollar foreign exchange facility launched in 2018, to support manufacturers with exports, has been working.
And the Director of Economics at the Caribbean Development Bank, Dr. Justin Ram, begins his medium-to long term economic outlook for the region

Dec 9th 2019

After parliament agreed the necessary legislative changes as a means to help curb criminal activity, a 3-week window to replace existing $100 dollar bills with new, harder-to-counterfeit, polymer notes, was set for December 10th to 31st.
Most support the intention, but some expressed concerns that the time is insufficient for the retail and banking sectors to comfortably adjust, and about a possible artificial increase in inflation- like the co-ordinator of the Confederation of Regional Business Chambers, Jai Leladarsingh.
David Stone, one of the directors of the National Secondary Schools  Entrepreneurship Competition, reflects on its just-concluded 3rd season (of simulation training and challenges), with students of Bishop’s Anstey High, Jennika Lynch, and Shamaryah Saunders, members of the 2019 winning team.
Then, Business Development Manager of the Cocoa Development Board, Gabriella Gonzales, speaks about developments in the local industry, and efforts to revive its fortunes, after Trinidad+Tobago took 2 of the top 20 International Cocoa Awards in late October.
One of the awardees, the husband-and-wife team of Martin and Jacqueline Matthews, and Keith Neilsen, of  AgUnity (which helps farmers around the world to increase value added), join the conversation via telephone from Tamana

Business Corner – Nov 25th 2019

Following the announcements made in the 2019/20 budget presentation, in October, due to come into effect in December, Akins Vidale, a lecturer at the Cipriani College of Labour and Co-operative Studies, and international financial consultant, Inshan Meahjohn, explain why an increase in the minimum wage does not necessarily mean job cuts.
We hear the closing moments of the recent presentation by Trade and Industry minister, Paula Gopee-Scoon, on Trinidad+Tobago’s 2019-2023 Trade Policy.
And measure the socio-economic impact of work by foundations to improve the lives of those without the means to do so, with Colvin Blaize, incorporator of one of them, the I.T. McLeod Foundation


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