The OECS Commission has drafted an Incentive Framework aimed at encouraging private sector involvement and investments in efforts to reduce marine litter in the region. This was done through ReMLit – the Reduction in Marine Litter Project. A recent study found OECS Coastal waters contain four times the global average of marine litter. This worrying […]
New elected Prime Minister of St Kitts and Nevis Dr Terrance Drew has announced plans to end several policies put in place by the Timothy Harris administration. One of the items topping the agenda he said, is to compensate those individuals who were fired from their jobs for refusing to take the COVID-19 vaccine. “I […]
Facilitating Access to Adequate, Affordable Financing for its Borrowing Member Countries will be central to the agenda of the next Annual Meeting of the Board of Governors of the Caribbean Development Bank, (CDB) scheduled for June 2023 in Saint Lucia. Sustainable financial solutions for regional development, greater inclusion of private sector partners, and broader exposure […]
It is expected that by the end of this month, Dominicans will be seeing a decrease in their electricity bills due to a fiscal measure contained in the 2022-2023 national budget which, effective August 1, 2022, increased the number of Value Added Tax (VAT) free units from 100Kwh to 150 kWh of electrical energy provided […]
The bright eager faces of enthusiastic young students and recent graduates once again fill the offices of CIBC FirstCaribbean across the region as the bank recently kicked off its summer intern program and a new longer immersion program. Curtailed for the past two summers due to the Covid-19 pandemic, the bank’s executives and staff were […]
President of the Caribbean Development Bank (CDB), Dr Hyginus “Gene” Leon, had his first official meeting with the newly elected Prime Minister of Grenada, the Honorable Dickon Mitchell during a courtesy visit to Grenada this week. During the meeting, Dr Leon underscored CDB’s ongoing support for Grenada’s sustainable development agenda and pledged to work closely […]
Growth and stronger food security will be the focus of a new project in Saint Lucia supported by the European Union (EU) and the Caribbean Development Bank (CDB). The project entitled “Enhancing the Capacity of Stakeholders in the Agricultural Sector to Supply Quality Products in new Markets” will ensure inclusive and sustainable development along the […]
TV6 News in Trinidad and Tobago is reporting on talks for a regional ferry service between Tobago and Grenada. This is being explored ahead of carnival in Tobago scheduled for October. But TV6 reports that Trinidad and Tobago’s Works and Transport Minister Rohan Sinanan says he’s had no conversation with the Tobago House of Assembly […]
Roseau, Dominica: The Commonwealth of Dominica is all set to welcome the World Creole Music Festival to its shores as the Ministry of Tourism, International Transport, and Maritime Initiatives launched the 22nd edition of the festival. On Wednesday, the ministry hosted a press briefing and announced that it would start on 28 October 2022 and […]
The St. Lucia Chamber of Commerce has tabulated and released the results of its most recent Business Performance Survey. Business confidence appears to be on the rise with 66% of respondents forecasting increased turnover over the next twelve months while 71% of respondents forecast an increase in business profitability over the same period while only […]