分类: business

  • GBCL career opportunity: Trade Activations Coordinator

    GBCL career opportunity: Trade Activations Coordinator

    Grenada Bottling Company (GBCL), a leading beverage production facility in the KOSCAB supply chain, is renowned for its innovative, high-quality solutions and commitment to fostering an inclusive and diverse workplace. The company is now seeking a highly qualified professional to fill the role of Trade Activations Coordinator, a pivotal position aimed at driving commercial success and strengthening customer relationships. The successful candidate will be responsible for developing and implementing commercial strategies, managing customer relationships, and achieving key sales objectives. Key duties include delivering exceptional customer service, creating joint business plans to enhance strategic partnerships, and collaborating with Sales and Marketing teams to execute impactful commercial programs. Additionally, the role involves monitoring and evaluating initiatives to ensure alignment with set objectives and providing recommendations for future improvements. Applicants must possess a Diploma/Certificate in Sales and Marketing or Business Administration, at least two years of experience in a sales or merchandising environment, and strong organizational and analytical skills. Knowledge of ISO Standards and IMS policies is advantageous. Interested candidates are invited to submit their Cover Letter and Curriculum Vitae by Friday, 21 November 2025, to [email protected] with ‘Trade Activations Coordinator’ as the subject. Only suitable applicants will be contacted.

  • Belizeans Face Flight Uncertainty as U.S. Shutdown Grounds More Flights

    Belizeans Face Flight Uncertainty as U.S. Shutdown Grounds More Flights

    The ongoing U.S. federal government shutdown, now in its fifth week, has led to widespread flight cancellations and delays, raising concerns for Belize’s tourism industry. Over 2,000 flights were disrupted today, with the Federal Aviation Administration (FAA) announcing traffic reductions at 40 major airports. The FAA predicts up to 4,000 daily flights could be affected by next week as operations are scaled back to alleviate pressure on unpaid air traffic controllers. Belizeans with travel plans to the U.S. are receiving alerts about potential disruptions. American Airlines has issued a temporary waiver for change fees, allowing passengers booked between November 7–14 to rebook without penalty, provided the origin and destination remain unchanged. Evan Tillett, Director of the Belize Tourism Board, stated that the situation is being closely monitored, with United Airlines confirming that international flights will remain unaffected. The shutdown, which began on October 1, has already impacted food aid programs and left hundreds of federal workers unpaid. Nick Daniels, president of the National Air Traffic Controllers Association, warned that the situation is deteriorating and urged Congress to reopen the government.

  • CIIE 2025: Handel als brug naar een gedeelde, welvarende toekomst

    CIIE 2025: Handel als brug naar een gedeelde, welvarende toekomst

    The China International Import Expo (CIIE) 2025, held in Shanghai, has once again proven to be a cornerstone of global trade and economic collaboration. With its largest exhibition space to date and a record number of exhibitors, the event attracted 4,108 foreign participants from 155 countries and regions, showcasing over 430,000 square meters of innovation and opportunity. The expo, themed ‘New Era, Shared Future,’ featured 461 new products, technologies, and services, highlighting advancements in new materials, energy, and environmental protection technologies. Chinese Premier Li Qiang, during the opening ceremony, emphasized the importance of maintaining equality and mutual benefit in international trade. He called for fairness and justice in global economic governance and reaffirmed China’s commitment to high-quality development and openness. Li also highlighted China’s role in promoting the Global Governance Initiative and improving the WTO-based multilateral trading system. The event coincided with the release of the World Openness Report 2025 and the World Openness Index at the Hongqiao International Economic Forum, further solidifying Shanghai’s position as a hub for international economic dialogue. The CIIE not only celebrates the ancient tradition of trade but also paves the way for a future of shared prosperity and innovation.

  • $1-B roast

    $1-B roast

    Jamaica’s renowned Blue Mountain coffee industry has been severely impacted by Hurricane Melissa, with estimated losses reaching $1 billion, according to Norman Grant, chairman of the Jamaica Coffee Exporters Association. Grant revealed that approximately 100,000 boxes of coffee, valued at $10,000 each, were lost due to the hurricane, which also damaged coffee trees and infrastructure. This latest blow compounds the sector’s struggles, as it has faced consecutive losses during wet seasons over the past four years, accumulating a staggering $2.5 billion deficit. The hurricane’s aftermath has left critical roads to coffee factories impassable, with some areas still cut off days after the storm. Grant emphasized the urgent need for government intervention, including the implementation of the Coffee Crop Resuscitation and Establishment Programme (CREP), to revive production and support 5,000 affected farmers. He also called for immediate restoration of electricity and communication services in key areas. While acknowledging the devastation in western Jamaica, Grant urged authorities to prioritize aid for the Blue Mountain coffee industry, which is vital to the nation’s economy. Jamaica, the 58th largest coffee exporter globally, generated $26.2 million in coffee exports in 2023, making the sector’s recovery crucial for economic stability.

  • Sabgas ‘excited’ by Kamla’s plan

    Sabgas ‘excited’ by Kamla’s plan

    At the recent unveiling of Trinidad and Tobago’s Revitalisation Blueprint, Ansa McAl’s executive chairman, A. Norman Sabga, and his son, group CEO Anthony N. Sabga III, shared their optimism about the government’s ambitious plans. The blueprint, introduced by Prime Minister Kamla Persad-Bissessar, outlines over 100 construction projects aimed at creating more than 50,000 jobs and revitalizing key areas across the country. Sabga described the initiative as ‘huge’ and emphasized the importance of dreaming big to drive national progress. Speaking at the launch of Ansa McAl’s financial results for the year ending September 30, Sabga III echoed his father’s sentiments, calling the government’s vision ‘ambitious’ and ‘colourful.’ He highlighted the group’s commitment to supporting the government’s efforts, noting that Ansa McAl, which will celebrate its 145th anniversary next year, remains apolitical and focused on sustainable development. The blueprint includes projects such as transforming the Port of Spain waterfront, redeveloping Invaders Bay, and converting prisons into cultural centers and luxury resorts. The Sabgas’ matching yellow ties, coincidentally aligned with the ruling United National Congress’s color, sparked curiosity, but Sabga III dismissed any political connotations, emphasizing the group’s neutrality and dedication to economic growth.

  • TTMA delegation prepares for trade mission to Chile

    TTMA delegation prepares for trade mission to Chile

    The Trinidad and Tobago Manufacturers’ Association (TTMA) is set to embark on its inaugural trade mission to Chile from November 10 to 14, marking a significant step in expanding business opportunities and fostering economic ties with Latin America. The mission was officially celebrated during a reception hosted by Chilean Ambassador Hernán Núñez at his residence in Ellerslie Park, Maraval, on November 6. Ambassador Núñez emphasized the importance of this initiative, describing Chile as a nation with a globally open economy and a strategic gateway connecting the Caribbean to Asian markets. He highlighted Chile’s robust export figures, exceeding US$100 billion in 2024, and its network of 35 commercial attachés worldwide. TTMA CEO Dr. Mahindra Ramdeen noted that the delegation includes representatives from 14 companies across sectors such as agro-processing, chemicals, services, and health. He expressed optimism about forging lasting partnerships and accessing new markets. Ismail Ali, the mission’s leader, underscored the significance of this venture as TTMA’s first business engagement in South America, driven by three bilateral agreements signed last year. The mission aims to explore opportunities in Chile and beyond, with plans to expand into markets like Panama, Colombia, and other Caribbean nations. This initiative reflects TTMA’s broader strategy to internationalize Trinidad and Tobago’s manufacturing sector, building on recent successful trade missions to New York and the Trade Mission on the Seas 2025. The association has also outlined plans for additional missions to China and follow-up initiatives in New York, signaling a strong commitment to global economic collaboration.

  • Caribbean Airlines unaffected by FAA orders to reduce flights

    Caribbean Airlines unaffected by FAA orders to reduce flights

    Caribbean Airlines Ltd (CAL) has confirmed that its operations remain unaffected despite recent guidance from the US Federal Aviation Authority (FAA) urging airlines to reduce flights at 40 of the nation’s busiest airports. The FAA’s directive, issued as the US government shutdown extended into its 38th day, calls for a ten per cent reduction in flights to alleviate congestion. CAL, which operates flights to and from four major US airports—John F. Kennedy (JFK) in New York, Miami International (MIA), Fort Lauderdale-Hollywood International (FLL), and Orlando International (MCO) in Florida—has assured passengers that all its US-bound and departing flights are proceeding as scheduled. However, the airline has advised travelers with connecting domestic flights within the US to stay in touch with their respective airline representatives for updates. CAL also encouraged passengers to register for real-time travel notifications via its official website and social media channels to stay informed. The FAA’s list of affected airports includes prominent hubs such as Hartsfield-Jackson Atlanta International (ATL), Los Angeles International (LAX), and Chicago O’Hare International (ORD), among others. While the broader aviation sector grapples with the impact of the shutdown, CAL remains steadfast in maintaining its service continuity.

  • Generating forex vital

    Generating forex vital

    The recent closure of Standard Distributors, a longstanding business at the corner of Western Main Road and Calcutta Street in St James, Trinidad and Tobago, after nearly 80 years of operation, underscores the severe economic and financial challenges the country is currently facing. This event serves as a stark reminder of the broader issues plaguing the nation, including a sharp decline in foreign exchange reserves, rising unemployment rates, and an increase in crime. These factors collectively signal a critical juncture for Trinidad and Tobago, necessitating immediate and innovative interventions to prevent further deterioration. To address these challenges, the country must diversify its economic strategies beyond traditional exports. This includes revitalizing local manufacturing sectors, encouraging investments in emerging industries, and leveraging innovative financial solutions such as regional tourism, fintech, and value-added agriculture. Additionally, the return of ExxonMobil and the potential exploitation of Venezuela’s oil reserves near Trinidad and Tobago’s waters could significantly impact the economy if negotiations lead to productive collaborations. Exploring offshore gas opportunities and positioning Trinidad and Tobago as a regional energy hub are also crucial steps. To attract foreign direct investment, promote eco-tourism, and develop human capital, the government must implement proactive policies and foster regional partnerships. Time is of the essence; delaying action in hopes of perfect conditions could be detrimental. The government must act decisively, embracing creative solutions to rebuild confidence, restore stability, and secure a prosperous future for Trinidad and Tobago.

  • Returning to Grenada?

    Returning to Grenada?

    For Grenadians who have spent significant time in the United Kingdom, returning home is often a source of pride and accomplishment. However, the transition can be fraught with unexpected challenges, particularly for those maintaining strong ties to the UK, such as property, pensions, or healthcare routines. A common misconception is that spending most of the year outside the UK automatically grants non-resident status for tax and healthcare purposes. In reality, the rules are far more nuanced, and missteps can lead to significant financial consequences.

    The UK’s Statutory Residence Test (SRT) is the cornerstone for determining tax residency. This framework evaluates three key elements: day-count rules, ties to the UK, and automatic overseas tests. Spending 183 days or more in the UK in a tax year automatically classifies an individual as a resident. However, fewer days do not guarantee non-residency, as factors like family connections, available accommodation, and past residency also play a role. Even retirees or those with flexible work arrangements may find themselves inadvertently reclassified as residents if they maintain substantial UK ties.

    Healthcare residency is another critical area. Many Grenadians assume they can continue using the National Health Service (NHS) as before. However, NHS access is contingent on being ‘ordinarily resident,’ meaning living lawfully and habitually in the UK. Claiming non-residence for tax purposes while using the NHS can trigger scrutiny, potentially leading to charges for treatment and a review of tax status. Simple actions like maintaining a UK GP or scheduling regular check-ups can signal ongoing UK ties, making it essential to align healthcare behavior with declared residency.

    From April 2025, the UK will implement significant reforms to its Inheritance Tax (IHT) regime. Under the new rules, individuals previously domiciled in the UK may face IHT on worldwide assets, not just those in Britain. For Grenadians with longstanding UK connections, this could mean assets in Grenada remain subject to UK taxation. To mitigate risks, it is crucial to review domicile status, seek updated guidance, and establish Grenadian domicile where appropriate.

    Practical steps to protect non-resident status include reviewing UK ties, limiting unnecessary visits, updating paperwork with Grenadian addresses, documenting life in Grenada, and conducting annual reviews of travel and ties. Seeking professional guidance is also advisable before making significant financial or lifestyle changes.

    A cautionary example is the James family, who returned to Grenada after decades in London but kept their UK house, remained on NHS records, and visited their children at university. Despite living in Grenada most of the year, HMRC ruled they were still UK-resident, resulting in unexpected tax liabilities and NHS charges. Simple measures like reducing UK visits and deregistering from the NHS could have prevented these issues.

    Establishing non-residence requires consistent alignment across paperwork, habits, and lifestyle. Annual self-checks and conscious decision-making can safeguard finances and peace of mind. Dr. Clifford Frank, a Grenadian tax and legal professional, emphasizes the importance of understanding these complexities for Grenadians living abroad or returning home.

  • Barbados Rum’s ambition needs more thought, action

    Barbados Rum’s ambition needs more thought, action

    Richard Seale, a revered figure in the rum industry, has sparked a crucial debate about the future of Barbados’ rum exports. With generations of rum-making expertise and a steadfast commitment to preserving the integrity of Barbados’ most iconic export, Seale’s voice carries significant weight. At The Barbados Rum Experience, he openly criticized recent projections that the island’s rum exports could reach $1 billion by 2030, calling them “both ridiculous and absurd.” His candid remarks, though blunt, underscore the challenges facing the industry.