Finance/Business

A stimulus package? PM Chastanet says he hasn’t delivered one as yet

(St. Lucia News Online) — Prime Minister Allen Chastanet has said the relief package which he presented earlier this week was not an economic stimulus but a social stabilization plan. He said the government is “already working” on an economic stimulus. On Wednesday, April 8,  the prime minister delivered an address to the nation which he dubbed the first phase ...

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LIAT offers charters to generate business

(BARBADOS TODAY) — Regional airline LIAT is moving to rebound from heavy losses from the COVID-19 crisis by offering chartered services, the carrier has told Barbados TODAY. After being forced to suspend its passenger service about a week ago, the airline now stands to lose millions of dollars but remains hopeful that things will get back to normal by July. ...

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Saint Lucians in the diaspora encouraged to support COVID-19 Response Telethon; assist local front-line workers

(St. Lucia News Online) — Saint Lucians living overseas are being called upon to help those on the frontlines at home battling the COVID-19 pandemic. A “special fund” has been established to accept and manage contributions, the Saint Lucia Diaspora Affairs Unit said in a message on its official Facebook page. The call comes as the island gears up for ...

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Saint Lucia minibus operators, vendors to get relief: PM

(St. Lucia News Online) — Minibus operators, vendors, and operators of hospitality operations are among the individuals who will receive relief from the Government of Saint Lucia as a result of the financial difficulties caused by the COVID-19 pandemic, Prime Minister Allen Chastanet has announced. Minibus operators will obtain “relief” through the payment of $1.1 million in fuel rebate, Chastanet ...

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NIC takes extraordinary measures in response to COVID-19

(PRESS RELEASE) — The past few weeks have been difficult for all of us. The coronavirus pandemic has put a serious strain on health care systems and economies of many countries, Saint Lucia included. Alongside the direct health risk of contracting COVID-19, many workers have been laid off or made redundant with the closure of businesses, particularly in the tourism ...

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Coronavirus: EU global response to fight the pandemic

(PRESS RELEASE) – Today, the European Commission and the High Representative set out plans for a robust and targeted EU response to support partner countries’ efforts in tackling the coronavirus pandemic. The EU’s collective action will focus on addressing the immediate health crisis and resulting humanitarian needs, strengthening partner countries’ health, water and sanitation systems and their research and preparedness ...

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LUCELEC will suspend some disconnections

(St. Lucia News Online) — The Saint Lucia Electricity Services (LUCELEC) will suspend disconnections for persons on welfare and persons who have lost their jobs directly due to the COVID-19 crisis, Prime Minister Allen Chastanet announced Wednesday in his stimulus package. This will be reviewed month to month to determine if this pool should be expanded to benefit other persons,” ...

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PM Chastanet announces monthly payments for “eligible persons”

(St. Lucia News Online) — Prime Minister Allen Chastanet announced Wednesday that temporary income support will be provided to contributors and non-contributors of the National Insurance Corporation (NIC) and a monthly allowance for persons who lost their jobs due to COVID-19. He made the disclosure during his address to the nation which details phase one of the government’s ‘Social Stabilization ...

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Saint Lucia’s ‘COVID-19 Response Telethon’ set for April 12

(PRESS RELEASE) — This Easter Sunday, the global community will stand together with Saint Lucia to offer unwavering support to frontline workers across the island, who continue to serve the nation tirelessly. The spirit of giving will hit the airwaves during the ‘National COVID-19 Response Telethon’ on April 12, 2020, from 2:00 p.m. -6:00 p.m. live on the National Television ...

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“There’s no rush to shop”: Essential services hours extended; no return to 24-hour curfew — Chastanet

(St. Lucia News Online) — Prime Minister Allen Chastanet has announced new developments regarding the new 10-hour curfew as the administration continues to activate survival methods amidst the novel coronavirus outbreak. In a Facebook post late Wednesday afternoon, Chastanet revealed that operating hours for essential services have been extended to Thursday, April 9, closed on Good Friday, and resume Easter ...

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Therold Prudent offers “consideration for an adjustment to shopping policy”

(St. Lucia News Online) — Former leader of the Lucian Peoples Movement political party, Therold Prudent, has offered an alternative solution to the shopping congestion experienced at supermarkets and other areas of shopping earlier today, April 7 as the adjusted 10-hour curfew came into effect. Thousands of Saint Lucians came out of the previous 24-7 lockdown, and scores crowded the ...

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Coronavirus: WhatsApp to limit message forwarding to tackle misinformation

(SKY NEWS) – WhatsApp is introducing a new limit on message forwarding to tackle the spread of misinformation, its parent company Facebook has announced. The limitations follow a “significant increase” in forwarding during the COVID-19 outbreak, according to a company statement. False claims spreading during the outbreak have included a conspiracy theory linking it to the deployment of 5G masts, ...

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Customs brokers asked to follow government COVID-19 guidelines

(PRESS RELEASE) – The Caribbean Association of Customs Brokers (CACUB) is asking all Customs Brokers to be aware and follow Government guidelines as we assist in the clearance of medical supplies, food and essential items during the ongoing crisis caused by the COVID-19 pandemic. CACUB also agrees with the recent joint statement released by the WTO, FAO and the WHO ...

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St. Lucia financial institutions resume with limited operations; customers encouraged to wear masks

(PRESS RELEASE) — The Bankers Association of Saint Lucia shall resume limited banking operations effective April 7, 2020, following the announcement by Honourable Prime Minister Allen Chastanet on April 5 regarding the end of the 24-hour curfew. Financial institutions are mindful of the continued threat posed by COVID-19 and will be opening their doors to the public from 8 a.m. ...

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Saint Lucia’s ‘COVID-19 response telethon’ aims to raise EC$1M

(PRESS RELEASE) — The spirit of giving will hit the airwaves during the ‘National COVID-19 Response Telethon’ on April 12, 2020, from 2 p.m. to 6 p.m. live on the National Television Network (NTN) and supporting media houses island-wide. The telethon was conceptualized after a number of requests for a formal donating platform from friends of Saint Lucia in the ...

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PM to reveal plans Wednesday for the unemployed, income-earning opportunities

(PRESS RELEASE) — On Wednesday, April 8, 2020, Prime Minister Honourable Allen Chastanet will present the Social Stabilization Programme for Saint Lucia in response to the impact of the COVID-19 pandemic. The Government of Saint Lucia has been focused on containing the health pandemic locally, while at the same time, coping with and planning for, the economic and social impacts. ...

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Excess funds from fuel excise tax to be used in financing Saint Lucia’s COVID-19 response: officials

(PRESS RELEASE) – International development agencies across the globe agree that the COVID-19 pandemic has presented to humanity a crisis like no other in history, and many have dubbed it a war. This public health crisis not only affects health care systems but every other sector within the economy. Whilst expenditures are rising, revenues are falling at a rapid pace, ...

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OECS and Massy Stores partnership against COVID-19

(PRESS RELEASE) – The COVID-19 pandemic threatens the sustainability of social and economic systems within the OECS, impacting the lives of approximately 1.4 million inhabitants. Recognizing these daunting circumstances and its mandate to support OECS governments and citizens, the OECS Commission has charted a robust response mechanism to combat the spread of COVID-19 in the OECS. This mechanism includes, in ...

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Fuel price adjustments

(PRESS RELEASE) — The public is hereby notified that in keeping with changes in international oil prices and the government’s application of the modified market pass-through petroleum pricing mechanism, the retail price of gasoline, diesel, and kerosene remains unchanged. The retail price of LPG 20, 22 and 100 lb cylinders has changed. The price changes take effect from Monday, April ...

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LIAT lays off staff

(BARBADOS NATION) — In the wake of layoffs at LIAT and suspension of several services due to COVID-19, Minister of Tourism Kerrie Symmonds says the airline is still critical at this time. In a recent statement by chief executive officer, Julie Reifer-Jones, it was revealed that the company was temporarily laying off staff as well as restricting its service to ...

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Saint Lucia: Revised curfew to take effect from April 7 to 11

(St. Lucia News Online) — Saint Lucian authorities on Sunday announced a revised curfew of 7 p.m. to 5 a.m. that will go into effect from Tuesday, April 7 until Saturday, April 11, 2020. During this time, persons are only allowed to take advantage of essential services, banking, shopping for groceries, and medicine, while still adhering to social-distancing procedures. The ...

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Only bakeries will open Monday to provide delivery service — Saint Lucia officials

(St. Lucia News Online) — The 24-hour curfew that began on April 1, 2020, to combat COVID-19 in Saint Lucia remains in effect on Monday, April 6, 2020, despite several new developments — some of which will take place from Tuesday, April 7, 2020, under a revised curfew schedule. Bakeries will open only to provide delivery service. Supermarkets, mini-marts, distributors ...

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Massy, Brice contribute to Saint Lucia’s COVID-19 response

(St. Lucia News Online) — Two major companies in Saint Lucia have contributed thousands of dollars to the island’s COVID-19 response. Massy Stores (SLU) Ltd. announced on its official Facebook page on Friday, April 3 that it had “proudly donated” US$100,000 for the purchase of five ventilators. The donation was made through the Organisation of Eastern Caribbean States (OECS). Massy ...

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Government Supply Warehouse opens on Monday — but not to all customers

(PRESS RELEASE) — The Ministry of Commerce, International Trade, Investment, Enterprise Development, and Consumer Affairs wishes to inform the public that the Government Supply Warehouse at Faux A Chaud will be opened ONLY to bakers, wholesalers and owners of mini-marts/community small shops on Monday, April 6, 2020, from 8 a.m. to 11 a.m. and not to all customers as previously ...

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Republic Bank donates US$2 million in fight against COVID

(TRINIDAD GUARDIAN) — Republic Financial Holdings Ltd has announced that the group will be making a total contribution of US$2 million for the purchase of ventilators, testing kits, PPE and food among other things across all of the territories in which it operates including T&T, Grenada, Guyana, Barbados, Ghana, Suriname, Cayman Islands, St Lucia, St Vincent and the Grenadines, St ...

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Saint Lucia consumers and suppliers urged to be responsible amidst COVID-19

(PRESS RELEASE) — As Saint Lucia, like the rest of the world, grapples with the spread of COVID-19, the Consumer Affairs Department of the Ministry of Commerce, International Trade, Investment, Enterprise Development, and Consumer Affairs urges consumers to adhere to the established protocols by the Ministry of Health and be extremely vigilant and responsible when shopping. Consumers are strongly encouraged ...

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Republic Financial Holdings Limited supports fight against COVID19

(PRESS RELEASE) – Republic Financial Holdings Limited (RFHL) has announced that the Republic Group will be making a contribution of the equivalent of US$2 million, collectively, across all of the territories in which it operates, namely, Trinidad and Tobago, Grenada, Guyana, Barbados, Ghana, Suriname, Cayman Islands, St. Lucia, St. Vincent & the Grenadines, St. Kitts & Nevis, St. Maarten, Anguilla ...

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UPDATE: KFC provides meals for NEMO ‘COVID-19 team’; Cadet Corps also helped

(St. Lucia News Online) — KFC is doing ‘finger-licking good’ amidst the COVID-19 pandemic in Saint Lucia. The popular fast-food restaurant, like many other agencies on the island, are playing their part in the fight against the novel coronavirus. The National Emergency Management Organization (NEMO) has thanked the company, trading in Saint Lucia as Real Foods Inc., for supporting their ...

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Coronavirus: St. Lucia CSA elections postponed

(PRESS RELEASE) — All members of the St. Lucia Civil Service Association (CSA) are hereby informed that due to the COVID-19 pandemic and the current State of Emergency, CSA elections scheduled for Wednesday, April 29, 2020, has been postponed. The positions of assistant secretary/assistant treasurer and trustee are still open and a deadline date for applications to these positions and ...

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Mini-marts, shops, bakeries to open again on Monday, April 6

(St. Lucia News Online — updated) — In its continued efforts surrounding the outbreak of the novel coronavirus COVID-19, the Saint Lucia government has made adjustments to the 24-hour seven-day curfew, which will now see a limited number of essential services being opened to the public Thursday, April 2 and Monday, April 6. Prime Minister Allen Chastanet revealed this in ...

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Discontinuation of waste collection services

(PRESS RELEASE) – In light of the 24-hour lockdown imposed by the Government of Saint Lucia, the SLSWMA wishes to inform the public that waste collection services will continue throughout the course of today, Wednesday, 1st April 2020. However, effective Thursday, 2nd April 2020, all waste collection services will be discontinued until further notice. Residents are asked to secure waste ...

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As COVID-19 hits, Digicel may be unable to repay debt due this year, Fitch believes

(JAMAICA OBSERVER) – The internationally acclaimed rating agency Fitch is expressing the view that Caribbean telecoms giant Digicel may be unable to repay debt due this year, even as it gets a 30-day grace period for interest payments on US$2.9 billion worth of debt. Fitch reported yesterday that Digicel, which recently defaulted on its debt, “will struggle as a result ...

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Call 311 for relief packages from NEMO

(St. Lucia News Online) — Following last evening’s announcement by Prime Minister Allen Chastanet of the seven-day shutdown commencing today, Wednesday April 1, 2020, members of the public are encouraged to call 311 to request relief packages from the National Emergency Management Organization (NEMO). The relief package is expected to include food and/or medical supplies, according to reports. Persons calling ...

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Operational hours of waste disposal facilities

(PRESS RELEASE) – The SLSWMA reminds all residents that the Deglos Sanitary Landfill and Vieux Fort Waste Management Facility will continue to operate from 8:00 a.m. – 4:00 p.m. Mondays – Saturdays. Both facilities will remain closed on Sundays. These changes will remain in effect until further notice. Individuals wishing to access the facilities are asked to adhere to the ...

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Closure of the Consumer Affairs Department

(PRESS RELEASE) – The Consumer Affairs Department of the Ministry of Commerce, International Trade, Investment, Enterprise Development and Consumer Affairs has been closely monitoring the progression of the novel coronavirus (COVID-19) Pandemic in Saint Lucia. Public health officials advise that in addition to practicing good personal hygiene, social distancing is the most effective strategy to prevent the spread of COVID-19. ...

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CIBC FirstCaribbean donates US$250,000 to regional COVID–19 fight

(JAMAICA OBSERVER) – Regional bank CIBC FirstCaribbean yesterday pledged US$250,000 toward the purchase of much-needed COVID-19 testing kits. The bank, through its charitable arm FirstCaribbean International ComTrust Foundation, will make the donation through its companies across the Caribbean. “Testing is one of the main weapons in the arsenal against the spread of the disease,” a company release quotes chief executive ...

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NIC accepts filing of benefit claims electronically

(PRESS RELEASE) – The National Insurance Corporation (NIC) recognizes that we are living in unprecedented and uncertain times and organizations are faced with many difficult but necessary decisions to ensure the well-being of their employees and customers. We are aware that many of our contributors are themselves facing potential hardships and will rely on their NIC benefits for income support. ...

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NOTICE: Temporary suspension of services – Transport Division

(PRESS RELEASE) – In keeping with the need to observe social distancing measures to combat the spread of COVID 19, Division of Transport wishes to advise that the registration of new vehicles will be suspended this week from Tuesday March 31st , Wednesday April 1st and on Friday April 3rd 2020. This service will only be available on Thursday April ...

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NOTICE: Department of External Affairs revised hours of operation

(PRESS RELEASE) – The Department of External Affairs wishes to inform all internal and external clients of the revised hours of operation. Be informed that effective Monday March 30, 2020 the Department of External Affairs will operate with minimum staff in office coupled with a “work from home” arrangement between the hours from 8.00 am to 12.30 pm. These revised ...

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Saint Lucia Blind Welfare Association remains closed

(PRESS RELEASE) – As of Sunday March 29, 2020 health authorities in Saint Lucia recorded nine confirmed cases of COVID-19; and as such the Prime Minister has extended the national curfew from 8 p.m. to 5 a.m. daily, as well as the partial shutdown to April 14, 2020. The Management of the Saint Lucia Blind Welfare Association (SLBWA) wishes to ...

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Cuban medical team checks in to Sandals Regency La Toc

(PRESS RELEASE) – Cuban Ambassador to Saint Lucia, His Excellency Alejandro Simancas Marin was on hand to welcome a delegation of 113 medical professionals from Cuba as they checked in to Sandals Regency La Toc Golf Resort & Spa in Castries. He was joined by Sandals Saint Lucia Managing Director Winston Anderson and General Manager of Sandals Regency La Toc ...

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Republic Bank extends safety net amid COVID-19

(PRESS RELEASE) – Republic Bank is committed to the safety, security and overall health of its staff, customers and communities. During these challenging times, the Bank recognises that access to financial services and financial well-being may be negatively impacted. The Bank’s Managing Director, Michelle Palmer-Keizer, confirmed it is working with key stakeholders including various bankers associations and regulatory bodies, to ...

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Message from St. Lucia Co-operative Credit Union League Limited

(PRESS RELEASE) – The St. Lucia Co-operative Credit Union League Limited (League) would like to thank members of the various credit unions on the island for their demonstrated understanding and patience with the various measures instituted by their credit unions as a means of containment of the COVID- 19 virus. The League would like to assure credit union members that ...

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NIC requests your banking information — ‘to remit payments’

(PRESS RELEASE) — In our efforts to protect our contributors, our staff, their families and the people whom they interact, and mindful of the advisories issued by the Department of Health and Wellness, our offices no longer provide face-to-face service to the public until further notice. Our staff is currently processing the benefit claims submitted and finalizing arrangements to remit ...

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WASCO announces water interruption in the North

(PRESS RELEASE) – The Water and Sewerage Company Inc (WASCO) regrets to inform consumers that as a result of damage on the 14-inch line at Rodney Bay, residents from Marisule northwards to Cap Estate will experience a temporary interruption in the water supply from 9 p.m. on Thursday, March 26, 2020, to facilitate the repairs. The supply of water will ...

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Saint Lucians to get loan payment reprieve

(St Lucia News Online) – Saint Lucians will get a reprieve on their principal and interest payments for at least six months as the government seeks to respond to the coronavirus crisis on the island. In an address to the nation earlier this week, Prime Minister Allen Chastanet said three months could be added if the need arises. He stated ...

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Sagicor implements additional measures to assist clients during COVID-19

(PRESS RELEASE) – In response to the challenges being faced by its clients across the region due to the continued spread of the COVID-19 virus, Sagicor has instituted two key additional measures for pensioners and mortgage holders. Firstly, the early payment of pension to pensioners to ensure they have the financial capability to meet their current needs; and secondly, the ...

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Castries Constituency Council announce change in operations amidst COVID-19

(PRESS RELEASE) – With the mounting concern over the spread of COVID-19 globally and in the region, the Castries Constituency Council has made adjustments to its service operations. The aim is to minimize person-to-person contact and to control the potential spread of COVID-19. Our focus and challenge as an essential service is on maintaining operations within the City of Castries, ...

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RBC Royal Bank announces special banking times for seniors during COVID-19 pandemic

(PRESS RELEASE) – Today, RBC Royal Bank (RY on TSX and NYSE) (“RBC”) announced the introduction of special month-end banking times for seniors and differently-abled persons due to the ongoing novel coronavirus (COVID-19) global pandemic. From Friday, March 27, 2020 to Friday, April 3, 2020, most RBC branches will open 15 minutes early to serve seniors and differently-abled persons. Following ...

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NWU issues statement on COVID-19

(PRESS RELEASE) – The National Workers Union (NWU) from its establishment in 1973 has always had as its priority, the interests and well being of its members. Out of the blue and from very far afield, the appearance and widespread circulation of the Novel Coronavirus now known as COVID-19 has put us ALL on alert and in a sea of ...

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Caribbean Association of Banks Director Sean Husain passes away

(PRESS RELEASE) – It was with great sadness that the Board and Secretariat of the Caribbean Association of Banks (CAB) Inc. received the news on the evening of Monday 23 March 2020 that Director Sean Husain had passed away. Director Husain took ill suddenly on Monday night, having been involved in calls earlier in the day with fellow CAB Board ...

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Coronavirus: Financial institutions make further adjustments to banking operations

(PRESS RELEASE) – The Bankers Association of Saint Lucia shares the concerns over the spread of COVID-19 globally and in the region. In the time since the Honourable Prime Minister Allen Chastanet’s announcement of a partial scale down of all non-essential economic and social services under the Heightened Protocol and Social Distancing Regime, the number of COVID-19 infected persons and ...

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Ministry of Commerce: COVID-19 response measures

(NOTICE) – The Ministry of Commerce, International Trade, Investment, Enterprise Development and Consumer Affairs is cognizant of the precautionary measures necessary to mitigate the spread of the Coronavirus (COVID-19). In order to protect staff, clients, other stakeholders and the general public, it is advised that persons limit their visits to the Ministry. Effective immediately, the Ministry’s offices and the Government ...

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Saint Lucia Bureau of Standards COVID-19 update

(PRESS RELEASE) – On Friday March 20, 2020, the Government of Saint Lucia announced the implementation of a Heightened Protocol and Social Distancing Regime to come into effect from Monday, March 23, 2020. The measures include the scaling down of non-essential services. We at the Saint Lucia Bureau of Standards have implemented social distancing protocols but remain available to serve ...

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BREAKING NEWS: St. Lucia airports closed to arriving passengers

(PRESS RELEASE) – The Government of Saint Lucia announces the closure of Saint Lucia’s airports to all incoming commercial and private flights effective 11:59 p.m. on Monday, March 23, 2020. All airports will be closed to all incoming passengers until Sunday, April 5, 2020. Aircraft facilitating departing passengers repatriating from Saint Lucia will be permitted. Air Cargo operations are permitted. ...

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Coronavirus: Services suspended at Civil Status Registry

(PRESS RELEASE) – The Department of Justice (DOJ) continues to monitor and follow the protocols issued by the Ministry of Health in light of the COVID-19 pandemic. In this regard, the DOJ in an effort to maintain the established guidelines and keep our customers and employees safe, the Department has suspended the services at the Civil Status Registry as it ...

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RBC Royal Bank announces temporary branch changes to help protect clients and employees

(PRESS RELEASE) – Today, RBC Royal Bank (RY on TSX and NYSE) (“RBC”) announced plans to temporarily close select branches in four Caribbean countries due to the ongoing novel coronavirus (COVID-19) global pandemic. To protect the health and well-being of employees, clients, and communities, RBC is encouraging clients to limit in-branch interactions by performing day-to-day banking transactions through RBC’s online ...

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