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Finance/Business

Fitness company SportsArt fights climate change in the Caribbean from the gym

(PRESS RELEASE) — SportsArt, the green fitness company, is offering individuals residing in and visiting the Caribbean an opportunity to contribute directly to the fight against climate change while exercising and staying healthy. The innovative SportsArt company produces gym equipment that converts human energy expended during exercise, in a gym or at home, into utility grade electricity. SportsArt ECO-POWR™ is ...

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Caribbean energy leaders head to Saint Lucia for major energy conference

(PRESS RELEASE) — CARILEC and Saint Lucia Electricity Services (LUCELEC) will jointly host the 2019 CARILEC Chief Executive Officers and Leadership Conference slated for May 21-25 in Saint Lucia. This year’s theme, “RETHINKING? Disruption. Resilience. Sustainability,” will bring into focus policy, operations and practice imperatives for governments and operators within the context of energy, climate change, climate funding, and the ...

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NWU completes negotiations with Basic Blue

(PRESS RELEASE) — The Management of Basic Blue and the National Workers Union (NWU) have successfully completed industrial negotiations. Sales Clerks employed with the company will all receive upward wage adjustments to their salaries along with a reasonable improvement in fringe benefits. The new industrial agreement will run for a period of three (3) years and is expected to be signed ...

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Sagicor Financial Corporation Limited releases preliminary first quarter 2019 financial results

(PRESS RELEASE) — Sagicor Financial Corporation Limited (Sagicor) today announced preliminary key operating results for the first quarter financial ended March 31, 2019. Sagicor expects to post full financial results for the first quarter later in May 2019. First Quarter Key Preliminary Consolidated Operating Summary: (in millions of USD, except as otherwise noted) First Quarter Preliminary Highlights: * Total revenues ...

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KM2 Solutions joins the Global Impact Sourcing Coalition

(PRESS RELEASE) — KM2 Solutions is proud to announce that it has joined the Global Impact Sourcing Coalition (GISC). The GISC is a global network of businesses creating jobs for those most in need through the power of procurement and global supply chains. It is a coalition that recognizes inclusive employment practices creating access to opportunities in disadvantaged communities and ...

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2nd Annual Insurance Symposium presented vital information for businesses

(PRESS RELEASE) — The Second Annual Insurance Symposium hosted jointly by the St. Lucia Chamber of Commerce, Industry and Agriculture and the Insurance Council of St. Lucia on Tuesday 30th April 2019 at the Financial Administrative Centre was a success with vital information and insights into the subject being shared with attendees. Critical components of the insurance sector such as health ...

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Reinvigorated Welfare Committee takes lead on employee relations at Secure St. Lucia LTD

(PRESS RELEASE) — The Secure St. Lucia LTD Welfare Committee — repurposed and reenergized and with the backing of several employees — has again taken up the mantle to be their voice and provide assistance to amicably address internal matters. A number of employees have signalled their intent to Committee members to part ways with the National Workers Union and ...

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SLBS gets support from CSN for capacity building

(PRESS RELEASE) — The Saint Lucia Bureau of Standards under the Commonwealth Standards Network (CSN) Project will host two weeks of courses in a train the trainer programme on the requirements and implementation of two international standards ISO/IEC 17025: 2017 General requirements for the competence of testing and calibration laboratories and ISO15189: 2012 Medical laboratories – Requirements for quality and ...

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St. Lucia Chamber brings investment information to members

(PRESS RELEASE) — Expanding the dialogue and debate on how the Investment Climate in Saint Lucia can be catalyzed has led to an interesting and thought provoking Symposium being brought to the Business Community through the collaborative effort of the St. Lucia Chamber of Commerce, Industry & Agriculture, Invest St. Lucia and the St. Lucia Development Bank. “Alternative and Innovative ...

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NWU responds to sale of Sugar Beach resort to Bermuda family

The National Workers Union (NWU) has released a brief statement regarding news that a prominent Bermuda family has acquired Sugar Beach, A Viceroy Resort in Saint Lucia. Following news of the sale on Monday, May 6, many persons have expressed concern about the future status of the resort’s employees. In a press release on Tuesday, the NWU disclosed that it ...

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St. James’s Club workers get new industrial package

(PRESS RELEASE) — Five hundred people employed with St. James’s Club Morgan Bay will now work under a new industrial relations package. The company and the National Workers Union (NWU) met at the Department of Labour on Tuesday, May 7, 2019 to affix signatures to a new industrial accord. The document makes provisions for upward adjustments in hourly wage rates, ...

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Bay Gardens offers “Caribcation” deals for Caribbean residents

(PRESS RELEASE) — Caribbean residents can receive 25 percent off all-inclusive rates from Bay Gardens Resorts in St. Lucia this summer and autumn. The ‘Caribcation’ special offers bargain packages, with full meals for two guests, unlimited house brand drinks and free access to the popular Splash Island, St. Lucia’s first open-water sports park, off the famous Reduit Beach, plus a ...

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Saint Lucia consumers to pay more for gas and diesel

(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 price of gasoline, diesel, and LPG 20, 22 and 100 lb cylinders has changed. The retail price of kerosene remains unchanged. The price changes take effect from Monday, May 6, 2019: ...

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Saint Lucia’s Embert Charles named new World Association for Christian Communication president

(PRESS RELEASE) — The World Association for Christian Communication (WACC) board of directors is pleased to announce the election of Embert Charles, an experienced communication and media specialist from Saint Lucia, West Indies, as its global President 2019-23. Charles has over 35 years active membership in WACC at both regional and global levels during which he has served in various ...

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Initiative to increase Saint Lucia’s lobster exports launched

(PRESS RELEASE) – Saint Lucia’s export potential in the fisheries sector is to be significantly stepped up, as US-based Toro Trading and Imports company prepares to further build capacity among local fishers. Toro Trading and Imports’ economic footprint on Saint Lucia dates back to September 2014, when the firm became the first company to import lobsters into the United States ...

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Job vacancy: Accounting Assistant

The Deutsche Gesellschaft für Internationale Zusammenarbeit GmbH (GIZ) under the “Global Programme Sustainable Management of Mobility in the Context of Climate Change (HMCCC)” in St. Lucia is looking for an: Accounting Assistant (m/f) Required Profile:  Certificate/diploma or comparable qualification from a commercial academy (accounting).  At least 1-3 years’ professional experience in a comparable position.  solid understanding of ...

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Labour Minister King salutes Saint Lucian workers and employers

(PRESS RELEASE) – On the occasion of Laour Day 2019, the island’s Minister responsible for Labour Honorable Stephenson King has extended gratitude to the workers and employers of Saint Lucia, for their service to the growth and development of our country over the years. In his 2019 National Labour Day Address, Minister King said Saint Lucia was built on a ...

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NIC to launch low-cost housing project

(PRESS RELEASE) – Saint Lucians with low to moderate incomes are set to benefit from an innovative housing project soon to be launched by the National Insurance Corporation (NIC). The proposed low-cost housing project being developed by the NIC, will help in addressing the demand for affordable housing on the island. The National Insurance Property Development & Management Company Ltd. ...

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Bank of Saint Lucia launches dual currency ATM service

(PRESS RELEASE) — Bank of Saint Lucia Limited (BOSL) continues to bring even more convenience to valued customers with the launch of its first dual currency ATM at the Bureau de Change at the Hewanorra International Airport. Customers and visitors alike now have the option of withdrawing their funds in Eastern Caribbean (EC) or United States (US) dollars. This forms ...

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New executive for Grow Well

(PRESS RELEASE) — Grow Well Inc. held its annual general meeting on Thursday, April 25, 2019, marking 24-years of advocacy. The election of a new executive and the retirement of a stalwart from that role were the main highlights of the AGM. The meeting heard the president’s report from outgoing President Paul Lorde, who reported on the past year’s programmes, ...

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The Saint Lucia Chamber wants to know what keeps southern businesses up at night!

(PRESS RELEASE) — The development and implementation of a system to understand individual member needs, develop solutions to meet those needs, and mobilize resources and expertise to apply the solutions, are critical elements of the strategic initiatives of the Saint Lucia Chamber of Commerce. In keeping with this, the Chamber of Commerce will be directing its focus to its membership in ...

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Saint Lucia organisations collaborate to promote Occupational Safety and Health Day, Labour Day

(PRESS RELEASE) — The Saint Lucia Trade Union Federation (TUF) has collaborated with the Employers Federation, Labour Department and the Saint Lucia Hotel and Tourism Association to create awareness and focus on Occupational Safety and Health Day (OSH) observed on April 28 and Labour Day on May 1, annually. We have designated a Week of Workers (WOW) to mark the ...

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Second Saint Lucia insurance symposium set for April 30

(PRESS RELEASE) — The St. Lucia Chamber of Commerce, Industry and Agriculture, partnering with the Insurance Council of St. Lucia, will host the second annual Insurance Symposium “HEALTH, WEALTH AND BUSINESS RESILIENCE” on April 30, 2019, from 9 a.m. to 2:30 p.m., at the Finance Administrative Centre, Point Seraphine in Castries. Bringing to the fore, the importance of insurance as a ...

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St. Lucians win $760,000 on Super 6 lotto jackpots

(PRESS RELEASE) — Two St. Lucian ladies are the recent winners of Super 6 jackpots for the month of April 2019. Janelle Celis and Petrona Charles both received their cheques at the official cheque presentation which was held on Thursday, April 17, 2019 at MBC. Celis is the lucky Super 6 winner of $655,000 which was won on April 2, ...

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Saint Lucian company awarded contract to help reconstruct hurricane-ravaged BVI school

(SNO) — The British Virgin Islands (BVI) has awarded four contracts totalling US$3.7 million for repairs to the L-shaped building at the hurricane-ravaged Elmore Stoutt High School campus in Road Town, Tortola. A Saint Lucian company — Construction Industrial and Equipment — has been awarded one of those contracts, according to BVI media reports. BVI Premier Andrew Fahie signed the ...

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Economic benefits highlighted at Soufriere Beach Park

(PRESS RELEASE) — The people of Soufriere and indeed Saint Lucia welcomed the grand opening of the Hummingbird Beach Park facility on Friday, April 5. Over the last few months the government of Saint Lucia, through the parliamentary representative for Soufriere/Fond St. Jacques, Honourable Herod Stanislaus and the Soufriere Regional Development Foundation (SRDF), worked assiduously. Today, the facility is one ...

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Crowdfunding campaign launched by aspiring Saint Lucian entrepreneur

(PRESS RELEASE) — A crowdfunding campaign was launched on Indiegogo.com on Tuesday, April 16, 2019 to help raise funds for the printing of the first 1,000 copies of the Jwé Puzzle & Activity Booklet – Volume 1, as well as promotion and distribution. The campaign will last for 30 days. Anyone interested in learning more about the business and campaign ...

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Bank of Saint Lucia and NWU start negotiations

(PRESS RELEASE) — Negotiations between the management of Bank of Saint Lucia (BOSL) and the National Workers Union (NWU) have begun. The financial institution and the NWU have reached agreement on some articles in the Union’s proposals submitted to the Bank. Both sides have agreed to make every effort to deal with the matter of wages in a mature and ...

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Secure St. Lucia to reinstate compensation payments to workers

(PRESS RELEASE) — Acting Labour Commissioner Mrs. Cornelia Jn. Baptiste has resolved an industrial impasse between the management of Secure St. Lucia Ltd and the National Workers Union (NWU). Seven days ago the NWU gave the security company a 14-day ultimatum to either engage the Union in an attempt to settle outstanding industrial matters or face protest action by the ...

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Sandals Resorts highly rated by the British public in the latest annual ranking of the UK’s strongest consumer brands

(PRESS RELEASE) — Superbrands revealed today that luxury Caribbean hotel brand Sandals Resorts has been awarded Consumer Superbrands status for 2019. The Consumer Superbrands survey has been tracking the perception of a wide-range of brands in the UK since 1995. This year’s survey featured 1,596 brands across 78 different categories, ranging from ‘Automotive Products’ to ‘Vitamins & Supplements’. Only the ...

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Raging weather could not stop Sandals Sous Chef Refer Leonce

(PRESS RELEASE) — “After my job training at Sandals Grande Saint Lucian Spa and Beach Resort, I knew that was where my heart wanted to be, so I applied to be a porter. When I got the call for the interview, although a hurricane was coming, I still went. I can remember clearly people walking around the resort with their ...

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Hewanorra International Airport needs to meet international aviation standards

(PRESS RELEASE) — As part of its system of empowering members through timely provision of information on matters of value, the Saint Lucia Chamber of Commerce Industry and Agriculture hosted a full-house Executive Luncheon where the Saint Lucia Air and Sea Ports Authority shared its plans and vital information on the Hewanorra International Airport (HIA) Redevelopment Project. The Executive Luncheon ...

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Sandals Resorts honoured at University of the West Indies Toronto Benefit Gala

(PRESS RELEASE) — Gordon “Butch” Stewart, chairman and founder of Sandals Resorts accepted the Chancellor’s Award on behalf of his company at the 10th Annual University of the West Indies (UWI) Toronto Benefit Gala held at the Ritz-Carlton Toronto on April 6, 2019. The Chancellor’s Award is presented to a Caribbean organization in recognition of their extraordinary international success and ...

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Tax savings for thousands of Saint Lucians under new tax reform

(PRESS RELEASE) — In a Budget Address that centred on people-centric growth and bringing relief to Saint Lucians, Prime Minister Honourable Allen Michael Chastanet announced personal income tax reform that would see thousands of low-income earners pay less and in some cases no personal income taxes. This is a bold initiative and in keeping with the government’s promise of less ...

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Forgotten Power Play ticket turns out to be a winner

(PRESS RELEASE) — The St. Lucia National Lottery extends congratulations to the latest Power Play winner of $33,267, Emerson Estaphane. He won on a quick pick ticket he purchased from Laura Andrew in Canaries on February 18, 2019. The top prize was won on February 20, 2019 on the numbers 02-03-13-28, Power Pick 05 with a ticket letter J. On ...

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William Peter Boulevard in Castries to get new look

(PRESS RELEASE) — Saint Lucians could expect noticeable improvements and a possible re-purposing of the popular William Peter Boulevard in the coming years, as plans are moving afoot for a potential enhanced appearance of the area. This initiative is being spearheaded by the Ministry of Tourism, through the OECS Regional Tourism Competitiveness Project (ORTCP). During the last week of March, ...

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Vendors to receive stipend during construction of new Castries Market

(PRESS RELEASE) — The Office of the Mayor is pleased to inform the general public and members of the business community, in particular vendors operating in the provisions market, of the commencement of the first phase of the Castries Market Redevelopment Project. Work is scheduled to commence within two weeks. In preparation for first-phase of construction, the former Fire Service ...

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Saint Lucia government announces price increases for all petroleum products

(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 price of gasoline, diesel, kerosene and LPG 20, 22 and 100 lb cylinders has changed. The price changes take effect from Monday April 15, 2019: – Gasoline increased from $2.94 to ...

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Gilland Avril wins as St Lucian startups Get In The Ring

(PRESS RELEASE) — Following intense pitch training and a packed program, six startups qualified to participate in the final battle of the 2019 Get In The Ring St Lucia Competition at the Caribbean Cinemas on March 28, 2019. Mr. Gilland Avril of Ngage and Caleb Jallim of Fleek It started off the battles, with Amy Antoine of T&A Household Décor ...

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St Lucia photographer earns National Geographic Educator certification

(PRESS RELEASE) — Soon after completing the University of the West Indies Open Campus NGO Professional Management certification course, St Lucia Photographer Kirk Elliott signed up for the National Geographic Educator certification programme on the recommendation of one of his St Lucia Photo Tours clients, Sandra Turner, who at the time was special assistant to the dean of the Hajim School ...

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CSA threatens strike action at IRD

(SNO) — The Civil Service Association (CSA) is threatening strike action of its members at the Inland Revenue Department if health and safety issues facing them are not addressed by April 1, 2019. In a letter to Acting Permanent Secretary in the Department of the Public Service, Peggy-Ann Soudat, CSA General Secretary, Claude Paul, said if the issues are not ...

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Saint Lucia firefighters reject government’s latest offer; strike goes on

(SNO) — There is no end in sight, at least for the time being, in a strike by firefighters after they rejected the latest offers by the Allen Chastanet-led government. A letter, bearing Chastanet’s signature on the latest offers, was promptly rejected by the firefigthers. Chairman of the Saint Lucia Firefighters Association (SLFA), Shane Felix, said it did not bear ...

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CDB predicts three per cent economic growth for St. Lucia in 2019

BRIDGETOWN, Barbados, Mar 20, CMC – St. Lucia is expected to record economic growth of three per cent this year with the Barbados-based Caribbean Development Bank (CDB) saying that the growth appears poised to increase in large part due to private and public sector construction programmes coming back on stream. In its “Country Economic Review 2018-St. Lucia”, the region’s premier ...

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Saint Lucia firefighters say SLP, UWP have failed them

(SNO) — With an impasse between firefighters and government still ongoing, Chairman of the Saint Lucia Firefighters Association (SLTA), Shane Felix, said both the ruling United Workers Party (UWP) and opposition Saint Lucia Labour Party (SLP) have failed them. The firefighters are presently on strike over wage negotiations and other matters, which they say have been affecting the service for decades ...

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Fire Chief Joseph Joseph a “toothless tiger” in Saint Lucia firefighters’ dispute: Francis

(SNO) — Home Affairs Minister, Hermangild Francis, has described Fire Chief Joseph Joseph as a “toothless tiger” with no real powers, especially in the ongoing impasse between the government and firefighters over wage negotiations and other matters. Firefighters in Saint Lucia are presently on strike. One of their grievances has been the matter of promotion and the Saint Lucia Firefighters ...

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Saint Lucia firefighters ditched Francis in consultations, leaving him “surprised”

(SNO) — National Security and Home Affairs Minister, Hermangild Francis, has expressed surprise that he was not consulted in a dispute between firefighters and government over wage negotiations and other matters affecting the fire service. The fire service falls under Francis’ portfolio and firefighters have taken industrial action. He said at a press briefing he has a good relationship with ...

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Invest Saint Lucia to develop residential lands on the east coast

(PRESS RELEASE) – At its January press conference, Invest Saint Lucia (ISL) announced plans to develop a number of residential areas, including approximately 11 acres of land in Beauchamp, Micoud, and approximately 5 acres in Bois Jolie, Dennery. According to Chief Executive Officer, Roderick Cherry, the Beauchamp and Bois Jolie developments are part of an overall development plan being conceptualized ...

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King accuses firefighters association of violating “collective agreement” as strike continues

(SNO) — Labour Minister\ Stephenson King has accused the Saint Lucia Firefighters Association (SLFA) of violating a collective agreement made between itself and the government as a SFLA strike continues on the island. He said in a statement that the matter has to be determined, however, he personally believes that the firefighters have failed to comply to the agreement. His remarks ...

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Miami Chamber of Commerce agrees to explore use of Saint Lucian entrepreneur’s fertilizer

(SNO) — The product of a Saint Lucian entrepreneur may be heading to the US market with the Miami Chamber of Commerce agreeing to explore the use of his fertilizer on baseball fields and golf courses. Johanan Dujon, owner of Algas Organics, has been converting Sargassum seaweed into bio-fertilizers and household chemicals, abating the detrimental effect of the seaweed’s hydrogen ...

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No Saint Lucia shares in LIAT; airline needs competition, PM Chastanet says

CASTRIES, St. Lucia, Mar 18, CMC – The St. Lucia government Monday reiterated its position that unless there’s a fundamental change to the operating structure of the cash-strapped regional airline, LIAT, Castries would not be investing financially in the airline. “If St. Lucia’s going to buy shares, it’s going to be buying shares into an entity that we know is ...

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PM Chastanet meets with stakeholders to discuss EU tax concerns

(SNO) –Prime Minister Allen Chastanet has met with stakeholders across the island to discuss concerns raised by the European Union (EU) over the island’s tax-exemption regime. In February, the EU wrote to Chastanet saying Saint Lucia will be blacklisted by December 31, 2019 if it does not abolish a tax-preferential regime for foreign companies working here. The regime gives foreign ...

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Saint Lucia to decriminalize marijuana

(SNO) — Saint Lucia will be decriminalizing cannabis, Prime Minister Allen Chastanet has told The Saint Lucia Star newspaper. During an interview with the newspaper last week, Chastanet said the agreement was reached after “good meetings” last year. “We had some very good meetings before Christmas and we’ve agreed that we’ll be going through a process of decriminalization,” he stated. Statistics ...

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Saint Lucia government wants striking firefighters to return to their jobs

CASTRIES, St. Lucia, Mar 17, CMC – The St. Lucia government, describing the ongoing strike action by firefighters here as illegal, said “meaningful” negotiations would only begin when the workers immediately report back to work. Labour Minister Stephenson King, in a March 15 letter to the St. Lucia Fire Service Association (SLFSA), said that the industrial action “goes contrary to ...

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National security minister surprised by firefighters strike

(SNO) — National Security Minister Hermangild Francis is expressing surprise that firefighters on the island went on strike earlier this week, saying they knew a meeting was to be held with the Government Negotiating Team (GNT) later in the week. The Saint Lucia Fire Service Association said it was taking industrial action from Wednesday, March 13 over the issue of ...

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Bay Gardens Resorts hosts its Annual Staff Awards Ceremony & Dinner

(PRESS RELEASE) — The directors and executive management team of Bay Gardens Resorts continue to show dedication to recognize the outstanding efforts of the valued team members of the locally-owned and managed resort chain. It is in this vein that the Annual Staff Awards Ceremony & Dinner was held at the Bougainvillea Conference Room, Bay Gardens Hotel on Saturday, March ...

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Export Saint Lucia delivers results from U.S. mission

(PRESS RELEASE) — The United States market has been one of the most coveted yet difficult markets to penetrate. Border regulations, including sanitary and phyto-sanitary regulations, and other non-tariff barriers, have made it increasingly difficult for small countries like Saint Lucia to successfully penetrate these markets. Export Saint Lucia has been actively pursuing export opportunities in the United States, and ...

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