Trinidad and Tobago 2012 - invesTT

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Trade and Investment Approvals and Procedures International Calls that terminate on Mobile Phones face a surcharge of $1.00 per minute. This fee will be charged when calling a mobile (except those that have Receiving Part Pays such as the USA and Canada). Charges to the following countries are charged at $6.00 per minute: Antarctica, Comoros, Guinea Bissau, Niue Island, Sao Tome and Principe, Somalia and Tokelau. Day Rates Evening Rates Weekend Rates - Valid Mon. to Fri., 7:00 a.m. to 6:00 p.m. - Valid Mon. to Fri., before 7:00 a.m. and after 6:00 p.m. - Valid all day Saturday and Sunday (Midnight Friday - Midnight Sunday) Billing / Charges - per second Applies To - IDD Calls Only Applies To - Fixed Line, Prepaid and Postpaid Customers, GSM and TDMA Internet Access Access to the Internet is available through Internet Service Providers (ISP): Satellite Communications VSAT (Very Small Aperture Terminals) are currently being used for the transfer of data via satellite by some companies in Trinidad and Tobago. These include banks and some large multinationals. Postal Services The Trinidad and Tobago Postal Corporation (TTPost) is the postal service provider on behalf of the Government of the Republic of Trinidad and Tobago and was incorporated in 1999 as part of the postal sector reformation project. The corporation has developed a robust retail network of ten (10) corporate shops and 140 franchises and an efficient delivery network capable of providing day plus one service to 96% of the population. Table 5.13: Internet Service Providers in Trinidad and Tobago Columbus Communications Trinidad Limited (Flow) ................................................................... flowtrinidad.com Green Dot Limited ....................................................................................................................... mail.tt Illuminat ....................................................................................................................................... illuminatnm.com Lisa Communications Limited...................................................................................................... lisacommunications.com Open Telecom Limited ................................................................................................................ opentelecomtt.com Telecommunications Services of Trinidad and Tobago Limited (TSTT) - Blink ........................... blinkbroadband.tt Three Sixty Communications Limited ......................................................................................... 360communications.biz 44
A GUIDE TO INVESTING IN TRINIDAD AND TOBAGO (2012) Section 5 Natural Gas Prices The Financial Sector Trinidad and Tobago has a well-developed financial system comprising of: Table 5.14: Natural Gas Prices in Trinidad and Tobago Years Prices ( Henry Hub) 2011 US$4.00 per million British thermal units (mmbtu) 2010 US$4.39 per million British thermal units (mmbtu) Source: Review of Economy 2011 Table 5.15: Raw Material Resources- Energy prices in Trinidad and Tobago (Effective 2009) Units TT$ US$ Gasoline Transport Gal $12.35/ gal $1.93/ gal Oil Transport Gal $5.70/ gal $0.89/gal LPG Kg $2.30/kg $0.36/gal Residential Electricity kWh $28.16/kWh $4.40/kWh Commercial Electricity kWh $38.21/ kWh $5.97/kWh Industrial Electricity kWh $14.72/kWh $2.30/kWh Source: Ministry of Energy and Energy Affairs Notes: Some rates exclude VAT Commercial Banks Other Non-Bank Deposit Financial Insurance Credit Unions Institutions Corporate Development The Stock Home Mortgage Exchange Bank Financial Institutions Trust and Pension Financial Services Fund Life and General Insurance Managers Ombudsman Companies Unit Trust and Regional Credit Mutual Funds Mortgage Rating Agency Finance Companies Venture Capital Companies Key pieces of legislation governing the above institutions in Trinidad and Tobago is the Central Bank Act; the Financial Institutions Act, Financial Institutions (Non-Banking) Act; the Money Lender’s Act; the Trustee Ordinance; the Co-operative Societies Act; the Securities Act; the Companies Act, and the Venture Capital Act. 45
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Trinidad and Tobago 2012 - invesTT

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