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Finance/Business

Digicel introduces lowest mobile roaming rates for travellers in Cuba through partnership with ETECSA

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  PRESS RELEASE – Total communications and entertainment provider, Digicel, today announced its new Cuba Roaming SIM card offered in conjunction with Cuban telecoms provider, ETECSA, offering lower mobile roaming rates for travellers in Cuba. The SIM card offers flexibility, easy access to data at 3G speeds and phone calls at great rates and is a quick and convenient way ...

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NWU to be represented at UNI Conference in Argentina

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PRESS RELEASE – Deputy President General Solace Myers and Assistant Secretary General Johann Harewood of the National Workers Union (NWU) will leave over the weekend to travel to Argentina. While in the Latin American Republic the NWU officials will join thirty (30) other trade union officials from the Caribbean and Latin American countries at an Industrial Forum. This Forum, sponsored by ...

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CIBC FirstCaribbean maintains partnership with UWI

Cave Hill’s Pro Vice Chancellor and Principal Eudine Barriteau (second right) in discussion with CIBC FirstCaribbean’s CEO Gary Brown while the bank’s Director of Corporate Communications, Debra King (right) and Cave Hill’s Business Development Officer, Sonia Johnson listen.

PRESS RELEASE – The University of the West Indies, Cave Hill Campus is expected to take a multi-million dollar step to help the Caribbean further develop through science and technology. The effort will see the establishment of a state-of-the art Faculty of Science and Technology at the campus. Principal and Pro Vice-Chancellor of The UWI, Cave Hill, , Professor Eudine ...

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Preparatory work on DSH site continues

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Contrary to rumors that work on the Desert Star Holding (DSH) project in Vieux-For has come to a sudden halt, work on the site has not stopped. However, the preparatory work which began just over a month ago is expected to end next week. Workers on the site say they have no idea when the next stage will be approved. ...

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New session of Parliament opens next Tuesday

Governor General Dame Pearlette Louisy in this file photo.

PRESS RELEASE – The Second Session of the Eleventh Parliament is scheduled for Tuesday, April 25, 2017. Members of the House of Assembly will meet at 10:00 a.m. and Members of the Senate will meet at 10:30 a.m., after which both Houses will meet in joint session to receive a message from Her Excellency, the Governor General, Dame Calliopa Pearlette ...

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Saint Lucia among islands set to benefit from World Bank Tourism Competitiveness Project

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PRESS RELEASE – Saint Lucia, Grenada and Saint Vincent and the Grenadines are expected to benefit from better connectivity, better infrastructure, and improved tourism market development as a result of a US$26 million regional project approved by the Board of Directors of the World Bank. Prime Minister Honourable Allen Chastanet signed the agreement for the new World Bank Tourism Competitiveness ...

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No pay cuts, no layoffs – Chastanet

Building housing government offices.

There are no plans to downsize the St. Lucia civil service or cut the salaries of civil servants, Prime Minister Allen Chastanet has said. Responding to a reporter’s question about rumours of pay cuts and downsizing at a press briefing on Tuesday, Chastanet emphasized that his government intends “to help improve the productivity of the civil service” and that if ...

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PM attends World Bank/IMF Spring Meetings

2016 Spring Meetings of the IMF and World Bank. Photo from siani.se

PRESS RELEASE – Prime Minister Honourable Allen Chastanet will be part of discussions at the Spring Meetings of the World Bank Group (Bank) and the International Monetary Fund (IMF) in Washington, DC over the next three days. The annual Meetings bring together central bankers, ministers of finance and development, private sector executives, and academics to discuss issues of global concern, ...

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SRDF looking to increase regulation at jetties

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PRESS RELEASE – On December 1st, 2016, the Soufriere Regional Development Foundation (SRDF) formalized the necessary framework (through the enhancement of essential services and renovation works) for the collection of docking fees in port Soufriere. The refurbishment and logistical re-organizing of operations brought about rave reviews from the boating fraternity and significantly raised the appeal and profile of the Soufriere ...

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St. James’s Club Morgan Bay and NWU commence negotiations

St. James's Club Morgan Bay

PRESS RELEASE – Negotiations between the Management of St. James’s Club Morgan Bay and the National Workers Union (NWU) have begun. The parties met at the Board Boom of the St. Lucia Employers Federation (SLEF). During the meeting the Memorandum of Proposals submitted by the NWU were fully discussed. Agreement has been reached on regulatory fringe benefits with a total ...

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Ti Kaye Resort and NWU in deadlock

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PRESS RELEASE – Negotiations between the Management of Ti Kaye Resort and the National Workers Union (NWU) have reached deadlock. The parties met Tuesday April 18, 2017 at the National Workers Union’s office for discussions which led to the deadlock. The NWU agreed to have a general meeting with staff to decide the way forward. The company on its part ...

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Companies urged to renew outstanding annual licenses

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PRESS RELEASE – The Department of Commerce, International Trade, Investment, Enterprise Development and Consumer Affairs wishes to remind all businesses and enterprises that are subject to quarterly, semiannual or annual renewal of licences or permits that they should have all such permits or licences renewed on time. The Department has observed that a number of enterprises that are subject to ...

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Conditions under which Citizenship by Investment decisions may be revoked

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PRESS RELEASE – In light of the recent Press Release regarding the Citizenship by Investment Programme, please be informed that a Citizenship by Investment, once granted, may be revoked subject only to the provisions of section 38 (1) of the Citizenship by Investment Act No.14 of 2015, on the following grounds: 1. “Such registration as a citizen was obtained by ...

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C&W’s Garry Sinclair showcases innovative Flow Lend app

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PRESS RELEASE – At the recently held Caribbean Telecommunications Union ICT Week & Symposium held on March 20 – 24 in Antigua, C&W’s Caribbean President, Garry Sinclair delivered an interactive presentation during which he showcased the Company’s newest award-winning, customer-focused app – Flow Lend – to more than 100 delegates. He also seized the opportunity to provide an update on ...

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Nina Compton named one of America’s best new chefs

Chef Nina Compton.

Nina Compton, who shot to fame after she won the runner-up spot and fan favourite in season 11 of Top Chef, has been named one of the USA’s best new chefs by Food & Wine magazine. Compton is among 12 up-and-coming chefs featured in the publication. “Each year, we tour the country to uncover America’s most brilliant up-and-coming chefs. This ...

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Taiwan makes contribution to second phase of Constituency Development Program

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PRESS RELEASE – Prime Minister Honourable Allen M. Chastanet has called for a broadening of Saint Lucia’s relationship with the Republic of China (Taiwan). Speaking at a cheque handover ceremony for the Constituency Development Program (CDP) on Monday April 10th 2017, Prime Minister Chastanet stated that Taiwan and Saint Lucia needed to form a deeper strategic relationship which will enable ...

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CIBC FirstCaribbean celebrates eight exceptional employees

Senior Executives of CIBC FirstCaribbean join the bank’s 2016 Achievers in the boardroom of its corporate headquarters in Barbados.

PRESS RELEASE – Five women topped the list of eight exceptional employees who were recently feted for their outstanding performance in 2016 by regional bank CIBC FirstCaribbean and its parent CIBC. The five women and three men and their guests embarked on an enchanting cruise from Florida to Cozumel, Mexico and Belize City, Belize aboard the Regent Seven Seas Mariner ...

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Gas and diesel prices decrease, cost of LPG cylinders increase

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PRESS RELEASE – The Public is hereby notified that in keeping with changes in international oil prices and Government’s application of the modified market pass-through petroleum pricing mechanism, the retail prices of gasoline (unleaded) and diesel have been changed. The price of the LPG 20, 22, and 100 lb cylinders have also changed. These price changes take effect from Monday, April ...

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Zandoli begins 1st batch of “Free STEM Education”

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PRESS RELEASE – Zandoli International Foundation launched Zandoli STEM Incubator last year in an effort to provide free STEM education to communities that may have not had the opportunity to participate in these programs otherwise. On Saturday, April 1st, ZIF sent all students who signed up last year, the prerequisites to begin the first batch. If you signed up for the Zandoli ...

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Flow airs library of Caribbean focused content

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PRESS RELEASE – For the first time, Flow TV customers across the Caribbean will be able to see Caribbean themed content at their convenience via Flow’s on Demand platform. Through a partnership with CaribbeanTales Worldwide Distribution (CTWD), customers will be able to access a variety of Caribbean films, from an extensive library every month on Flow On Demand in eight (8) Flow ...

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Gov’t to borrow US$15M from NIC to upgrade sea port and attract mega cruise vessels

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GIS – The Breasting Dolphin Berth at Pointe Seraphine will be extended to facilitate the docking of mega cruise vessels. Prime Minister and Minister for Finance, Economic Growth, Job Creation, External Affairs and the Public Service, Hon. Allen M. Chastanet, at Tuesday’s sitting of the House of Assembly made a motion to parliament to borrow the sum of US$15 million. ...

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Courts St. Lucia donates to “Rise Up”

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PRESS RELEASE – Furniture and Electrical Giants Courts St. Lucia has donated $5000 as part sponsorship of the upcoming Reggae festival “Rise Up, scheduled for Easter Sunday. The official cheque presentation ceremony was held on Monday April 3rd 2017 at the company’s Marisule branch. Unicomer OECS Commercial Director, Mrs Lorraine Sidonie commended the organizers of the event for choosing to ...

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GK Insurance (EC) launches in St. Lucia

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PRESS RELEASE – The date March 22nd marked an important milestone in the history of insurance in St. Lucia. The official launch of the Grace Kennedy Financial Group insurance brand, GK Insurance (EC) Ltd. through agents, EC Global Insurance Agency. The partnership with Grace Kennedy began with the inception of EC Global Insurance Company just shy of fourteen years ago. ...

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Chairman’s Reserve wins gold at World Spirits Awards 2017

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PRESS RELEASE – Every year the World Spirits Award “WSA” honors the best products within each spirits category. The competition is held in Austria and attracts some of the world’s finest spirits. For 2017, St Lucia Distillers had the honor of winning the “Distillery of the Year” in the rum category, as well as “Spirit of the Year” for 1931 ...

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LUCELEC’s statement on negotiations with the CSA

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STATEMENT – St. Lucia Electricity Services Limited (LUCELEC) and the Civil Service Association (CSA) representing LUCELEC’s line staff met with the Labour Department on Monday, April 3, 2017. The meeting was an attempt to find a resolution to the impasse between LUCELEC and the CSA on the implementation of a grade structure for the line staff. The proposed grade structure ...

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VACANCY: Drivers/Salespersons

  Are you a great sales person? Would you like to determine your own income? A Leading Food and Beverage Distributor in Gros Islet is seeking suitable candidates to join a dynamic Sales Team. Salary and Benefits Attractive commission structure Performance-based incentives Excellent training programmes Group medical Insurance Requirements Sound Secondary Education Class C vehicle license Two recent recommendations Recent ...

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Digicel partners with ZTE to expand 4G LTE network in Caribbean and Latin America

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PRESS RELEASE – Digicel announced today an agreement with ZTE Corporation (0763.HK / 000063.SZ), a major international provider of telecommunications, enterprise and consumer technology solutions for the mobile internet, to expand its 4G LTE networks across its 26 markets in the Caribbean and Central America. Deploying ZTE’s world-class 4G LTE solutions will see Digicel delivering the highest-performance mobile broadband services ...

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“We have to get our fiscal house in order” – Chastanet

PM Allen Chastanet

PRESS RELEASE – At this week’s media briefing before Monday’s Cabinet Meeting, Prime Minister Honourable Allen Chastanet spoke about plans for the upcoming Budget Presentation 2017-2018. The Prime Minister and Minister for Finance, Economic Growth, Job Creation, External Affairs and the Public Service, says the Government has been engaged in ascertaining the exact fiscal position of Saint Lucia and finding ...

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LucianVibez events hub launched

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LucianVibez serves as a hub for all public events happening across St. Lucia. The app was designed to ensure that the public remains aware of the activities available to them and also provide a medium for event organizers to reach large sections of the population in one central space. Launched on the Playstore on March 23rd 2017 the app is ...

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The HarborClub announces new partner and September opening date

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PRESS RELEASE – The HarborClub is pleased to announce Canadian-Jamaican investor Wes Hall will be joining owner and developer Daniel Buechler in a new partnership at the luxury hotel that is now set to open Friday, September 22, 2017. “The first time I visited St. Lucia I fell in love with the country and the people and knew I wanted ...

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Caribbean Confederation of Credit Unions concludes high level meet in St. Lucia

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PRESS RELEASE – The St. Lucia Co-operative Credit Union League has concluded a two day facilitation of the Caribbean Confederation of Credit Unions (CCCU), Board meeting in Saint Lucia. This highly productive visit comprised of the General Manager for the CCCU along with seven directors, Business Development and administrative personnel. The CCCU is the regional tertiary body which represents all ...

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IRD launches Electronic Payment Service

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PRESS RELEASE – The Inland Revenue Department today launched its Electronic Payment Service which enables taxpayers to make tax payments in the comfort of their homes or offices. Comptroller of Inland Revenue, Mrs. Sophia Henry is elated with this development which enhances our customer experience and led by example in making the first payment. This method is safer, convenient and ...

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Guiness is major sponsor of Rise Up Reggae Festival

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PRESS RELEASE – Guinness St Lucia is proud to be a sponsor of Rise Up Reggae Festival which promises stellar performances from headliners Jah Cure and Sizzla, Guinness, which has long been recognized for its support of musical artistes and concerts, particularly in the dancehall and reggae genres, promises to present the brand at Rise Up in an innovative way. ...

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Unicomer (Saint Lucia) Limited recognizes long service employees

10-year service award recipients.

PRESS RELEASE – Unicomer (Saint Lucia) Limited trading in Saint Lucia and across the Caribbean as Courts St Lucia on Wednesday 15th March 2017, recognized 31 employees for their years of dedicated service to the company. The presentation ceremony which was held on the grounds of the newly constructed Courts Marisule complex saw in attendance members of the Unicomer Executive ...

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Massy: We have removed corned beef from Brazil off our shelves

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PRESS RELEASE – Upon receiving information from the Ministry of Health and Wellness on March 21st 2017, relating to the wholesomeness of corned beef imported from Brazil, Massy Stores conducted an inventory check of Massy Stores Supermarket, Gourmet, Mega and the warehouse. As instructed by the Ministry of Health and Wellness, we have removed the product off our shelves at ...

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Dolphin cove to pump US$3.5m into St Lucia Marine Park

A trainer takes a dolphin through its paces at the flagship marine park owned by Dolphin Cove Limited in Ocho Rios. * Photo by Gladstone Taylor/Jamaica Gleaner

JAMAICA GLEANER – Dolphin Cove plans to pump another US$3.5 million ($450 million) into setting up its marine parks in St Lucia, its largest investment in nearly four years, which follows a change of ownership of the marine park. Dolphin Cove Limited wants to grow regionally beyond its present operations within Jamaica and the Cayman Islands. It has already secured ...

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Grace Kennedy’s response to corned beef issue

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PRESS RELEASE – GraceKennedy Limited confirms its full compliance with the directive of the Government of Jamaica to suspend sales of corned beef originating from Brazil and immediately withdraw the product from the Jamaican market. We stand ready to lend full support to the local regulators in resolving this issue as quickly as possible. GK wishes to assure our consumers ...

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Parking meters coming to Castries

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PRESS RELEASE– Pay-By-License-Plate Parking Terminals are coming to the City of Castries soon. The Terminals will be installed in the William Peter Boulevard and on various streets in the city. The new multi-space meters will help increase on-street parking turn-over and create more parking availability for shoppers and visitors to the City. Payment can be made by notes, coin, credit ...

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Flow supports virtual tutoring programme for teachers

Teacher Helping Pupils Studying At Desks In Classroom

PRESS RELEASE – Flow continues to deepen its public sector and community relationships and work towards fulfilling its mission of ‘Connecting Communities and Transforming Lives.’ The company has announced a collaboration with the Curriculum and Materials Development Unit in the Ministry of Education, Innovation, Gender Relations and Sustainable Development, in support of the 2017 edition of the Technology Integration Teacher Training Programme. Over ...

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IRD upgrades e-filing services

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GIS – Tax season is here. As such, Sophia Henry, the comptroller of the Inland Revenue Department (IRD), has urged the public to take advantage of the department’s e-filing services. Ms Henry suggests that the use of the system will result in a more convenient transaction for the user, as the process is quick, easy and efficient. “We have our ...

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Caribbean Association of Banks supports Harmonized Credit Reporting Bill

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PRESS RELEASE – The Caribbean Association of Banks (CAB) commends the Eastern Caribbean Currency Union’s (ECCU) Monetary Council for approving the Harmonized Credit Reporting Bill and Regulations for the OECS Region, at its 87th Meeting of the ECCU Monetary Council on 2nd March, 2017. The CAB views the approval of this bill as a step in the right direction to facilitate ...

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ITC team visit to St. Lucia begins today

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PRESS RELEASE – On the heels of Specialty Caribbean EXPO 2017, the Saint Lucia Trade Export Promotion Agency (TEPA) moved straight into the continuation of its Export Strategy capacity building program which began in January. The training is being led by the International Trade Centre (ITC) based in Geneva and is intended to strengthen local capacity to design, implement, monitor ...

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Courts St. Lucia celebrate “Volunteer Week of Activities 2017”

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PRESS RELEASE – Local furniture and electrical superstore Courts St Lucia on March 6th -11th hosted the company’s second annual “Volunteer Week of Activities” in an effort to bring value to the communities where they operate. Parent company of Courts, Unicomer Group, launched this corporate social responsibility initiative in 2016 throughout the Caribbean with the aim of using the skill ...

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Flow launches March Madness promotion

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PRESS RELEASE – Flow customers are getting chances to win in store, by signing up for TV, broadband and postpaid services and adding prepaid combo mobile plans in the month of March. The company’s attractive March Madness promotion offers subscribers the opportunity to get free services for up to six months. New subscribers to the TV service get free installation ...

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Harris Paints introduces new brand formulated for professionals

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PRESS RELEASE – The island’s leading paint company recently unveiled their newest line of decorative paints designed to help St Lucian professionals work within tight maintenance or renovation budgets providing a cost effective alternative where there is considerable pressure on prices. This innovative new line of Pro Speed Cover water-based, interior/ exterior products is the first commercial paint specially designed for the trade sector ...

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Proven completes purchase of Bank of St Lucia Int’l

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JAMAICA OBSERVER – Proven Investments Limited (PIL) indicated today, March 13, that it has completed purchase of the Bank of St Lucia International Limited (BOSLIL) from East Caribbean Financial Holding Company Limited (ECFH). PROVEN is an investment holding Company, incorporated in St Lucia and listed on the Jamaica Stock Exchange. The newly owned entity will be renamed BOSLIL Bank. BOSLIL has ...

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‘SAY IT’ training workshop to mark World Consumer Rights Day

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PRESS RELEASE – The Department of Commerce, International Trade, Investment, Enterprise Development and Consumer Affairs will join the rest of the world in the observance of World Consumer Rights Day (WCRD) on March 15, 2017 under the theme: “Consumer Rights In The Digital Age – Building A Digital World Consumers Can Trust”, as declared by Consumers International (CI). In recognition ...

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First Citizens and NWU industrial row

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PRESS RELEASE – An industrial row is brewing between the Management of First Citizens Investment Services Ltd and the National Workers Union (NWU). Negotiations between the financial services company and the National Workers Union have been successfully completed months ago. The parties agreed that pending official signing of the new industrial package, provisions within the new industrial accord would have ...

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Roseline Deterville shows love in Digicel February Text to Win

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PRESS RELEASE – Digicel on Tuesday February 28th, culminated its Text to Win promotion for the month of February- ‘Show the Love’. This promotion offered all Digicel customers the opportunity to win the grand prize of a weekend getaway for 2 at the Bay Gardens Beach Resort by playing the ‘Lovers of All Time’ game. To play, customers were required ...

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UWI launches scholarship for OECS students, honouring former ECCB governor

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JAMAICA OBSERVER – The University of the West Indies (UWI) has launched a memorial scholarship in honour of the late economist and former governor of the Eastern Caribbean Central Bank (ECCB), Sir Dwight Venner, who died in December last year. Pro-Vice Chancellor and Principal of the Cave Hill campus, Professor V Eudine Barriteau said the scholarship highlights Venner’s contribution to ...

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Expedia customers from Toronto denied entry to St. Lucia due to passport

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GLOBAL NEWS – A Toronto couple who paid more than $5,000 for a trip to St. Lucia were denied entry because one of their passports was less than three months from expiring. Sean Skinner and his girlfriend Laura planned a one-week vacation to the Caribbean island last September through Expedia. “When the website didn’t prove to be too user-friendly, (Laura) ...

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Statement on the sale of BOSLIL to Proven

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PRESS RELEASE – In December 2016, East Caribbean Financial Holding Company Limited (“ECFH”) and PROVEN Investments Limited (“PROVEN”) made public the signing of a Sales Agreement, for the Share Sale and Purchase of ECFH’s wholly owned international financial services subsidiary, Bank of Saint Lucia International Limited (“BOSLIL”) to PROVEN, subject to regulatory approval. In a joint statement today, the two ...

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Young St. Lucian launches apparel business

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Entrepreneurs are seen as the backbone of any economy as they provide desperately needed jobs for the populace. One young St. Lucian entrepreneur is now looking to expand into new and interesting areas away from his traditional base. Shamar Marcus is no stranger to St. Lucians; he founded and lead the drone company Skycrew Aerial Photography and through it brought St. ...

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Dive St. Lucia now world’s first LEED Platinum Certified dive centre

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PRESS RELEASE – Since filling the custom-designed, rainwater-filled dive training pool for the first time in 2014, Dive Saint Lucia (DSL) has experienced swift success. This is based on a sterling reputation for safety, quality, professionalism and the service driven approach of some of the island’s best PADI (Professional Association of Diving Instructors) practitioners. After only two years of operation, ...

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Digicel launches Samsung Galaxy S7 giveaway for March

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PRESS RELEASE – Digicel St. Lucia has launched yet another exciting and cool promotion to coincide with the new month of March. Dubbed ‘I Spy’, this Text to Win Promotion will give Digicel customers the opportunity to vie for a brand new Samsung Galaxy S7 smartphone by simply registering and participating. To join in the excitement, customers simply text the ...

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Du Boulay’s bottling company celebrates major milestone

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PRESS RELEASE – Du Boulay’s Bottling Company Ltd. (DBC) celebrates its 45th Anniversary of operations in St. Lucia this month. The company, which was formed by four brothers Dunstan, Tony, Leslie and Frank Du Boulay, began operations in 1972 with a modest production plant, one truck and twelve members of staff and is now the leading soft drinks manufacturer in ...

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Hundreds gather worldwide to support IGY Marinas initiative

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PRESS RELEASE – More than 400 volunteers gathered this past weekend to participate in IGY Marinas’ annual philanthropic initiative, Inspire Giving through You. The company’s corporate staff, marina associates, Anchor Club Strategic Partners, yacht owners, captains and crew members spent the day supporting local charitable organizations in the Caribbean and Latin America. “IGY Marinas is truly humbled to see so ...

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St. Lucia to improve World Bank business ranking

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GIS – The second National Forum on Doing Business in Saint Lucia will address impediments to the investment process. The Department of Commerce, International Trade, Investment, Enterprise Development and Consumer Affairs will soon host the second National Forum on Doing Business in Saint Lucia. Held under the theme “Improving Efficiency in the Business Environment,” the forum will help to assess ...

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