Prime Minister Dr Keith Rowley today met with a group of young Chinese businessmen as he continued his official visit to the People's Republic of China today in Shanghai.
The Office of the Prime Minister said the businessmen represented a wide array of business ventures including investment financing, real estate development, artificial intelligence and manufacturing robotics, ICT and tours and travel.
Dr Rowley thanked the businessmen for their interest in investing directly in Trinidad and Tobago and encouraged them to explore the opportunities available.
Caribbean Airlines is seeking to establish an agreement with Hainan Airlines which is owned by the HNA Group in China.
The Chairman of Caribbean Airlines, Ronnie Mohammed is currently in China as part of Trinidad and Tobago’s official delegation.
The delegation which is led by the Prime Minister Dr. Keith Rowley met with the Chairman of the HNA Group Co. Ltd., Chen Feng.
The HNA Group owns over 1,200 aircraft and is a major shareholder in international hotel chains.
Four laureates including Jamaican writer, Kei Miller, were inducted by the Anthony N Sabga Caribbean Awards for Excellence at its first awards ceremony to be staged in Jamaica on Saturday night at the Pegasus hotel.
The ceremony also included a performance by famed Jamaican singer Tessanne Chin who rendered her song Try.
The Caribbean Awards have been in existence since 2005, and this was its tenth ceremony. The programme was initiated by the late Trinidadian entrepreneur Dr Anthony N Sabga in 2005.
Amidst assertions by Finance Minister Colm Imbert that economic instability is over, the Greater Tunapuna Chamber of Commerce believes the worst is yet to come because of the spiralling crime rate and foreign exchange shortfalls.
In a statement, President Surindra Maharaj said Imbert failed to address three of the major issues plaguing the business community and the society when he presented the mid-year budget review in Parliament on Thursday.
President of the T&T Manufacturers’ Association (TTMA), Christopher Alcazar said manufacturers are not convinced that there is a turn around in T&T’s economy.
He added that while many manufacturers continue to push outward regionally, and are observing export growth, many are not seeing the signs of a turn around in their domestic market.
In his mid-year budget presentation, Finance Minister Colm Imbert said T&T was in a turn around as energy prices had improved along with other indicators.
The Chamber of Industry and Commerce says it is encouraged by some of the issues raised by Finance Minister Colm Imbert in the Mid-Year Review but remains cautious as the Minister's optimism is based on energy prices.
The Chamber issued the following statement on the Mid-Year Review:
"The Trinidad and Tobago Chamber of Industry and Commerce notes the optimism expressed by the Minister of Finance in today’s Mid-Year Budget Review.