By Brian Figeroux, Esq. The growing gap between the rich and the poor has been a central issue in economic discourse for centuries. Many economists argue that due to the fundamental rules of wealth accumulation, this divide will never significantly narrow. Structural advantages enjoyed by the wealthy—such as capital appreciation, access to financial instruments, political […]
The experience of Christle Ltd, shows how one small company can significantly enhance its market presence through taking part in trade missions facilitated by the Trade Ministry, the TT Manufacturers’ Association (TTMA) and exporTT. Established in 1989 by Christopher Garcia the company offers over 30 products, including battery water, disinfectant, dishwashing liquid, tile and grout […]
Prime Minister Hon. Philip J. Pierre expressed his support for the Bank of Saint Lucia Global Investment Fund (the Fund) during his keynote address at the official launch on February 1, 2024. The Fund, an initiative aimed at enhancing investment opportunities and bolstering economic growth, garnered praise from Prime Minister Pierre for its innovative approach […]
The Government of Saint Lucia has outlined recent strides in strengthening the foundation for sustained economic growth and wealth creation in Saint Lucia. In March 2023, the Ministry of Commerce and the Saint Lucia Development Bank officially launched the MSME Loan Grant Facility. The MSME Loan Grant Facility opens access to $10 million to finance […]