straight to the point – from different points of view

Archive for the ‘diversify’ Category

Why our diversification fails

Prime Minister Keith Rowley knows why all our multi billion dollar “investments” in diversification have failed. And he has the answer that we all long for. He knows what is required to successfully diversify our economy from its near total dependence on oil and gas revenues. In […]

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El Pecos and the New Normal

“If you’re a restaurant that sells food on the Avenue or anywhere else, don’t just put some bread and call yourself a bakery. The police will have a good case against you. You’re breaking the law.” So said Minister Young according to a report last week in […]

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Our digital transformation – Education

In the grand plan towards our digital transformation, most would agree that digital and remote education delivery will play a significant part. The restrictions arising out of COVID-19 have forced us to implement a more rapid move to remote delivery than would otherwise have been the case. […]

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Our digital transformation – local talent

In 2006 there was an election. A few months before that election I was approached by a group of young enterprising developers seeking my assistance. They felt that with a little guidance they could create a user friendly search engine for voters to validate their status. Having […]

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Our advantage in New Normal

Jeff Jin is the country manager at Huawei TT. In a recent webinar he noted that “digital transformation has become even more imperative for the Caribbean as covid19 has changed the way people live and do business, Jin believes smaller countries could actually have an advantage as […]

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Planning to fail

When I heard that the Prime Minister had decided to take the reins at the Ministry of Planning I was perplexed. Planning, as a professional discipline requires many skills that he has not only failed to exhibit but which he has poured scorn upon. I refer to […]

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Diversification Part 2

I know that my column last week was likely to prove difficult reading for many readers. It delved into some issues that might not appear directly relevant to management of our economy today. It was, after all, an extract from an academic paper written for people studying […]

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A new development path

Internationally, governments are extending the range of reports that they make available to stakeholders, especially online, at a frenetic pace. Many countries have also been moving rapidly to enact the decision to apply Accruals based accounting principles not just to Financial Recording, but also to Financial Reporting. […]

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IFC – Our International Financial Catastrophe

Can anyone tell us what has happened to our International Financial Centre (IFC)? There appears to be absolutely no information available about it. It was birthed with great fanfare and much promise. Our leaders promised us that with this shrewd investment, not only would there be fabulous […]

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Sandals make their exit

Over the past two weeks, we had the opportunity to listen to both the Prime Minister, Dr. Keith Rowley (PM) and his charming Minister of Communication Stuart Young (SY) update us on the status of the Sandals negotiations. First up was the PM hinting that we might […]

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