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Finance/Business

NWU and Winera agree on terms for middle management staff

PRESS RELEASE – Clerical, Sales, Technical and middle Management staff employed with Windward Islands Packaging Company (WINERA) will benefit from an industrial agreement concluded between the Company and the National Workers Union (NWU). This agreement is the first on behalf of middle management staff employed by the Company and is of a three (3) year duration. Workers will receive an ...

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COMMENTARY: Change the perspective and remodel Saint Lucia

The downward spiral in the Saint Lucian economy is seriously hurting the bottom line of many businesses. Now, that’s not just my point of view! Simply walk around the city of Castries, the towns and villages and communicate with citizens. Take a drive up and down the roadways and experience for yourself. The circumstances that surround Cotton Bay Resort electricity disconnect ...

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Digicel introduces the latest DL 750 handset

PRESS RELEASE – Digicel today announced the new DL750 – the next generation in its line of affordable smartphones which will offer customers the best value as it comes loaded with cool new features that will sure to suit their varying tastes and lifestyles. Following on from the success of the DL600 and DL700 models, the DL750 offers customers an ...

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EU agrees to allocate EC$45M for St. Lucia and St. Vincent for 2013 storm flooding

PRESS RELEASE – The European Union has agreed to allocate approximately EC$45.5 million (12.675 million euro) in grants for St Vincent and the Grenadines and St Lucia after the two Caribbean countries were affected by a devastating weather system in December 2013. St. Vincent and the Grenadines which suffered the heaviest damage is earmarked to receive EC$23.5 million (6.5 million ...

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LIME committed to supporting St. Lucia’s economic recovery

PRESS RELEASE – LIME is committed to supporting St. Lucia’s economic recovery by breaking down the barriers to communication to ensure that there is widespread access to much-needed telecommunications services and affordability across the island. LIME CEO, Southern Cluster, Geraldine Pitt gave this assurance while addressing members of the St. Lucia Chamber of Commerce at a business forum held on ...

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EC Global celebrates 10 years in insurance

PRESS RELEASE – The EC Global Insurance Company Ltd has marked a milestone, celebrating its 10th anniversary in the insurance business. EC Global was founded in 2004 by the East Caribbean Financial Holding Company (ECFH) and Grace Kennedy – through its subsidiary – Jamaica International Insurance Company. Over the years, the company has garnered a solid reputation marked by innovative ...

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Sandals Style goes digital

PRESS RELEASE – The now popular “Sandals Style” luxury magazine is going digital in its fourth year. However, the glitzy publication will still be available in hard copy to the thousands of Sandals guests who visit any of its Caribbean locations. Plans for the latest edition of the publication emerged as Sandals Resorts International and Toute Bagai Publications (TBP) inked ...

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Prime minister applauds credit unions for sustainable energy financing

PRESS RELEASE – Prime Minister, Hon. Dr. Kenny D. Anthony was the feature speaker at the opening session of the Caribbean Development Educators (CaribDE) Conference, currently underway at Coubaril, Saint Lucia. The conference which targets Credit Union directors, committee members, managers and employees is the fourteenth of its kind and has a total of forty eight participants from ten countries, ...

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Making St. Lucia kids book smart

PRESS RELEASE – As kids in St. Lucia returned to school, they have one more reason to be excited about the new school year which commenced two weeks ago. Quite apart from their new bags, shoes and uniforms, students from various schools across the island are now sporting some eye-catching new covers on their school books. Axcel Finance, the leading ...

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Digicel customers saved by 4G data

PRESS RELEASE – Since Digicel’s launch of its island wide 4G service, customers have experienced firsthand the future in high speed data access leveraging the most advanced 4G technology, Digicel St Lucia has delivered superfast access to data services for customers to stream High Definition (HD) videos, enjoy multiple chat forums, instantly upload photos, fast downloads all on the latest ...

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Digicel acquires SportsMax

PRESS RELEASE – Digicel on Thursday announced that it has acquired majority ownership and control of St. Lucia-based International Media Content Ltd., parent company of regional sports broadcaster, SportsMax, and North American broadcaster CEEN-TV, for an undisclosed sum. Under the terms of the deal, the founder and a number of the lead principals will continue to have an ownership stake ...

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CONFIRMED: GraceKennedy acquires majority shares in St. Lucian company

KINGSTON, Jamaica, CMC – The GraceKennedy Group is now the majority shareholder in St. Lucian company, EC Global Insurance Company Limited (EC Global), with the acquisition of an additional 50 per cent share which brings its shareholdings to 80 per cent. GraceKennedy Financial Group Limited (GKFG) acquired the first 30 percent shareholding in 2004. “In pursuing our vision of becoming ...

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Mannee’s Bakery announces winners of special promotion

Mannee’s Bakery Limited is pleased to announce the names of its first five winners of their “Back to School’’ weekly promotion draws. The names are as follows: • Week one – Eric Daniel • Week two – Denver Alcee • Week three – Joseph St. Juste • Week four – Charitina Alexander • Week five – Candida Joseph. This promotion ...

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NOTICE: Interested in opening a small business?

Do you know young people (17 – 25 years old) in your community who may have an interest in opening a small business and have no idea where to begin? Also young persons who have small businesses, but need formal training? If so, please advise them to contact Mrs. Claudia Noel Jn Baptiste at the Ministry of Youth Development and ...

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Bay Gardens Resorts launches live chat service on its website

PRESS RELEASE – In the first week of September 2014, Bay Gardens Resorts launched an all new ‘live chat’ feature on its website: www.baygardensresorts.com. This feature allows users of the company’s website a direct interface with customer service agents for real-time, instantaneous communication. Users are able to ask questions, get assistance, receive suggestions and more. The system also incorporates voice ...

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St. Lucia Trade Export Promotion Agency to offer ProNet training to SMEs

The Saint Lucia Trade Export Promotion Agency (TEPA) in collaboration with Caribbean Export Development Agency (CEDA) will be hosting three (3) modules of the ProNet Training for Small and Medium Sized businesses (SMEs) as well as other interested persons in Saint Lucia, commencing September 2014. ProNET is a structured training programme to build capacity in exporters and enterprises. It is ...

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Two industrial agreements signed with NWU

PRESS RELEASE – The National Workers Union (NWU) signed two (2) industrial agreements with the Management of the Saint Lucia National Housing Corporation (NHC) and the Water & Sewerage Company (WASCO). Both industrial agreements are for a period of three (3) years. In the case of the  Saint Lucia National Housing Corporation, provisions of the agreement will be extended while ...

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1st National Bank launches mobile banking app

PRESS RELEASE – With the release of its MoBanking App for the Android and iOS platforms earlier this month, 1st National Bank has reiterated its commitment to serve the interest of its clientele within and beyond St. Lucia, which it has served for 76 years. The Bank’s mobile app provides unique features aimed at offering unprecedented convenience to its growing ...

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First meeting of TEPA’s National Export Council

PRESS RELEASE – The National Export Council (NEC) of the Trade Export Promotion Agency (TEPA) held its inaugural meeting on Tuesday September 9, 2014 at the Hewanorra House, Pointe Seraphine. The NEC consists of a cross-section of private and public sector stakeholders and is chaired by Mr. Ronald Ramjattan, President of the Saint Lucia Manufacturers Association (SMA). This is a ...

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Digicel provides teachers with school supplies

PRESS RELEASE – Digicel for the new academic year continued to deliver value and assistance to various schools in communities island-wide with the “Back-To-School Outreach Programme”. Donations consisting of: general school supplies and teaching tools, reading material, and productivity tools were donated to teachers to assist them in facilitating a more effective and comfortable learning environment for their students. Last ...

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Security companies in the south praised for paying workers well

PRESS RELEASE – The National Workers Union (NWU) has extended its appreciation to three security companies in the southern part of the island for the reasonable level of wages being paid to their employees through negotiated industrial agreements with the National Workers Union. ICON Security, General Security Services Ltd and Sentinel Security are good industrial relations examples. The NWU is ...

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Recognition claim submitted to Labour Department

PRESS RELEASE – Security Guards employed with Security Services Ltd will now be in a position to be represented by a trade union. This development is as a result of a recognition representational claim made on behalf of the guards by the National Workers Union (NWU). The company carried out is own investigations to determine the legitimacy of the NWU’s ...

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1st National Bank Land Expo back by popular demand

PRESS RELEASE – Due to the inclement weather over the weekend and by popular demand the 1st National Bank Land Expo will be held at the Derek Walcott Square on Tuesday and Wednesday September 9th and 10th, respectively from 2:00p.m through to 6:00p.m. Land developers and Realtors will be on hand to showcase their many properties.  Special rates on land ...

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Axcel looking after the ‘state of health’ of our youth

PRESS RELEASE – Going beyond the traditional community outreach areas of education and social support, Axcel Finance this week launched an innovative programme targeting health and wellness among the nation’s children. The programme dubbed State of Health is designed to educate and develop increased awareness of healthy lifestyle practices among children and adolescents in the 10 – 19 age-groups. The ...

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From piggy bank to commercial bank

Although children may not have the same levels of income as their parents, it’s never too early to begin educating them about how they can invest their funds so they can learn how to save for essential and fun purchases while building up a fund of money for a bigger target in the future. Banks, credit unions and other institutions ...

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M&C Group of Companies observes 150th anniversary

PRESS RELEASE – M&C Group of Companies began operations on the 5th September, 1864 and has established itself as a vital and enduring presence in the economic and social life of Saint Lucia. Historically, the company distinguished itself as an enterprise with a pioneering spirit and great foresight, a legacy that persists today, even in times of adversity. The M&C ...

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St. Kitts and Nevis’ minimum wage highest in the OECS

CUOPM – As a final report with recommendations from a 27-person National Advisory Committee on Minimum Wage is being prepared to be sent to Minister of Labour, the Hon. Patrice Nisbett, St. Kitts and Nevis leads the OECS with the highest minimum wage. St. Kitts and Nevis’ Minimum Wage is presently$8.00 per hour or EC$320 per week, while other OECS ...

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Du Boulay’s Bottling Company rubbishes Jamaican newspaper report

The Du Boulay family has refuted reports that seem to suggest that they sold the local Coke-bottling company for US$750,000. The family said the article published under the caption: “CPJ pays US$750,000 for Coke bottling plant in St. Lucia”, is a misrepresentation of the facts and has caused major embarrassment for all parties involved. “We were, to say the least, ...

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Digicel rewards 10 customers with $500 cash!

PRESS RELEASE – Digicel this summer season, gave back to ten valued customers with Free Cash Giveaways. With a total of $5000 given away, every weekday for the past two weeks one customer from community’s islandwide walked away with $500 each. As summer came to a close and school begins, unsuspecting Digicel customers received wonderful cash prizes after topping up ...

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Productivity Awareness Week set for October launch

PRESS RELEASE – The Government of Saint Lucia in collaboration with the National Competitiveness and Productivity Council is organizing a “Productivity Awareness Week” during the period 13 – 18 October 2014. This initiative forms part of the Government’s overall thrust to promote the awareness of productivity and to also showcase initiatives that are being undertaken by both the private and ...

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CIBC FirstCaribbean establishes mortgage and loan centre

PRESS RELEASE – In keeping with its objectives of focusing on increasing value to its clients, understanding their needs and cultivating deeper relationships, CIBC FirstCaribbean has established its Mortgage and Loan Centre located in its Rodney Bay Branch in the Mardini Building. The Mortgage and Loan Centre the bank’s new lending model is based on a more hands-on approach to ...

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St. Lucia Business Awards Workshop

PRESS RELEASE – The annual Business Awards Orientation Workshop will be held on Wednesday 17th September 2014 at the Bay Gardens Hotel, Lantana Conference Room. The workshop is designed to give firms interested in participating in the St. Lucia Business Awards a better understanding of the Nomination process. For the fourth year, the workshop will be facilitated by Judges from ...

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St. Lucia National Lottery announces new agents

PRESS RELEASE – SNL would like to welcome and draw awareness to some of our newest agents: S & R Minimart- Fond Assau Merlyn’s Bar- La Ressource, Vieux Fort Kamaria’s Bar- Roseau Agnes Rum Out Bar- Pigeon Island Causeway Glace Motors- Marisule Body Image- Vide Bouteille Key Corner- Corner of Maryann street and Chaussee Road We’re proud to say that ...

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BOSL and SEDU address money management in small businesses

PRESS RELEASE – Bank of Saint Lucia and the Small Enterprise Development Unit (SEDU) of the Ministry of Commerce Business Development, Investment and Consumer Affairs this week partnered for the hosting of the first in a series of free Basic Financial Management Workshops for small businesses on the island. The first workshop took place on Tuesday August 26th 2014 at the ICT ...

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Get hooked up with a back-to-school laptop from LIME!

PRESS RELEASE – LIME’s ‘Hook Me Up’ promotion is back, right on time for the back-to-school season! From September 1, LIME mobile customers can get a chance to win a Lenovo Thinkpad Edge laptop. To qualify they simply have to text the word CLASS to 2929 and answer some simple general knowledge questions. For students heading back to the classrooms, ...

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LIME customers win with Wacky Wednesday!

PRESS RELEASE – Four LIME customers came away as lucky winners of brand new mobile phones recently. Saint Lucia and the Caribbean’s leading telecommunications service provider gave the phones away as part of its latest Wacky Wednesday promotion. To enter for a chance to win, prepaid mobile customers had just to TopUp $15 or more between 12 midday and 2pm ...

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SLBS, CARICOM to implement quality standards for regional products

GIS – The Saint Lucia Bureau of Standards in collaboration with the CARICOM Regional Organization for Standards and Quality (CROSQ) hosted a national consultation yesterday. The draft regional policy, Quality Infrastructure and Conformity Assessment, is expected to focus on strengthening competitiveness and sustainability of goods and services produced within the member states of the region. Minister for Commerce, Business Development, ...

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Saint Lucia, New Zealand sign Geothermal Support Partnership Agreement

GIS – Hon. Dr. James Fletcher, Minister for Sustainable Development, Energy, Science and Technology, signed a Geothermal Support Partnership Framework Agreement on behalf of the Government of Saint Lucia with Hon. Murray McCully, the Minister of Foreign Affairs of the Government of New Zealand. The Partnership Agreement is designed to provide key technical assistance to support geothermal exploration, and help ...

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Mokai Cult Cider Team pays courtesy visit on Wave FM

PRESS RELEASE – The Mokai Cider Brand Management team recently paid a courtesy call on the Wave radio station to shore up the new “Heavenly Cider Campaign Credentials” which kicked off recently on WAVE FM. The team, headed by Messer’s Shelley Black and Derek Louis-Fernand, both from Peter & Company Limited, the official importers of the Mokai Cider range of beverages ...

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10 designers set to participate in first ever “Courts Fashionista Competition”

PRESS RELEASE – LIGHTS! CAMERA! ACTION! It’s time to rip the runway… but it isn’t Spain, Paris or New York’s Fashion Week, it’s the “Courts St.Lucia Furniture Fashionista Competition”! This one-of-a-kind competition call for the best of the best in the fashion industry in St.Lucia, to create designs from a furniture product in the company’s brochure that inspired them. This ...

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Lotto jackpot now stands at $360,000!

PRESS RELEASE – The hype is now on and every day is an opportunity to win tones of cash. Wouldn’t you just love to be on the winning end? SNL proudly boasts that the Super 6 Jackpot is now at $360,000!!!! YES, you heard right, the exact amount which was last won. Imagine being $360,000 richer hassle free. Let’s not ...

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Transport Ministry: no change in bus fares

PRESS RELEASE – The Ministry of Infrastructure, Port Services and Transport informs the general public that bus fares authorised in 2008 have not changed and still apply for all routes. The Ministry reminds public omni-bus owners and drivers that pursuant to the Motor Vehicles and Road Traffic (Omni-bus Fares) Regulations of 2008, a driver of an omni-bus shall not charge or ...

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Caribbean tourism numbers growing fueled by US confidence

CTO – The Caribbean recorded a rise in visitor arrivals during the first half of this year, keeping pace with the world average. The region enjoyed a 4.3 per cent increase during the first six months of the 2014, much in line with the world average of 4.7 per cent, the director of research and information technology at the Caribbean ...

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Scratch winner announced!

PRESS RELEASE – Every day is a day for winning. You too can be a winner!!! SNL would like to congratulate Ms. Margurrith Octave, top prize scratch winner. Ms. Octave won $5000 on the scratch game ‘Pay Day’ and admitted excitedly that the money couldn’t have come at a better time. Ms. Octave who is a loyal scratch player said ...

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Taxi owners operating at a loss – says NTU president

Amid criticism regarding the National Taxi Union’s (NTU) move to get an increase in its fares, President Lucien Joseph said the union remains firm on its position, stating that taxi owners have been living “hand to mouth for too long.” Joseph told St Lucia News Online (SNO) in an exclusive interview: “I believe the general public is not fair and ...

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Cabinet announces economic citizenship task force

PRESS RELEASE – Cabinet has appointed a task force to determine whether Saint Lucia, should establish an Economic Citizenship Programme. In the 2014 Throne Speech, Her Excellency, Dame Pearlette Louisy, Governor General of Saint Lucia announced that Government would begin to examine the question whether Saint Lucia should establish an Economic Citizenship Programme as a new area of investment. Her ...

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29 students receive summer employment from LUCELEC

PRESS RELEASE – Twenty-nine (29) students were selected for the 2014 St Lucia Electricity Services Limited (LUCELEC) Summer Employment Programme. Beginning in the early 1980s, the programme facilitates internships for students on summer vacation from secondary schools, the Sir Arthur Lewis Community College, as well as provides employment for students on vacation from university. The Summer Employment Programme is one ...

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Digicel gives three customers cash in time for school!

PRESS RELEASE – Digicel continues to give back to its customers by rewarding the first three prepaid customers with their Free Cash! Michelle St Clair, Lisa St Juste and Alan Trim all walked away with $500 in cash. As summer is fast coming to a close, Digicel rewards its customers with cash earnings just by topping up. Prepaid customers simply ...

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Royal By Resorts and NWU sign another agreement

PRESS RELEASE – Over two hundred (200) workers employed with Rex and Royal Saint Lucian Hotels will now benefit from a new industrial package. The new deal provides for an extension of twenty (20) fringe benefits that would run from 2012 to 2015. Workers will have their wages adjusted upward over the duration and be paid a lump sum as ...

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UNICEF, OECS to advance child and social development in region

PRESS RELEASE – The OECS and UNICEF deepened their collaborative efforts, Tuesday, by signing a US$1.165 million Program Cooperation Agreement. The agreement is expected to facilitate protection programs in the region on the rights of children. The original PCA between UNICEF and the OECS Commission was signed for the period 2012-2014; and following a mid-term review in 2014, this recent ...

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Sandals Resorts Eastern Caribbean welcomes new regional director

PRESS RELEASE – In keeping with its expanding presence in the Eastern Caribbean, Sandals Resorts International (SRI) has installed a new Regional Director to its Eastern Caribbean office in St. Lucia. On July 1, SRI welcomed Mr. Andre Dhanpaul who was elevated to the office following a successful stint as General Manager for Sandals Negril in Jamaica. Dhanpaul brings to ...

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Coconut Bay announces one-month closure

PRESS RELEASE – Coconut Bay Beach Resort and SPA announces the closure of its property for a period of one month. This closure will run from September 1st to 30th, 2014 during which time necessary remedial/upgrading works will be undertaken in order to bring some components of the physical plant in line with Coconut Bay standards. Works to be undertaken by ...

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PHOTO: Cable & Wireless Communications makes significant acquisition in Panama

After finalising the acquisition of the Panama-based Grupo Sonitel through subsidiary Cable & Wireless Panamá, Laurie Bowen (2nd left), CEO CW Business Solutions was joined in the signing ceremony by Julio Spiegel R.,(1st left) President of Grupo Sonitel, Jorge Nicolau (2nd  right), CEO of Cable & Wireless Panama and Julio Spiegel F. (1st right), Vice President of Grupo Sonitel (and ...

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Cable and Wireless to make US$13M investment in St. Lucia

Telecommunication provider Cable and Wireless plans to invest more than US$1 billion in the Caribbean and St. Lucia over the next couple of years with the aim of improving the quality of service and technology provided to its consumers. Chief Executive Officer for the Caribbean Martin Roos made this announcement today, August 26 at the company’s Gros Islet Office. The ...

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Hike in minibus fares to be implemented by year-end

Passengers will be faced with a fare increase by the end of this year as a new price list has already been set by the National Council on Public Transportation (NCOPT) and is likely to take effect on December 27. NCOPT President Godfrey Ferdinand has said the decision was made to increase the minibus fares after a meeting was held ...

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Digicel customer gets all-expense paid trip to CPL finals!

PRESS RELEASE – Despite the St Lucia Zouks not not making it to thethe finals of the second staging of the Limacol Caribbean Premiere League (CPL), one lucky Digicel customer jet-setted off to St Kitts to see who took home the trophy for 2014. Martina Daniel was that lucky person who was selected as the winner in the Digicel Summer ...

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How to save on your clothing

The dollar in your pocket has to stretch further than ever before, causing everyone to take greater care of your household goods and clothing rather than unnecessarily buying replacements in a frivolous manner. It is nice to purchase new clothing and where your budget allows some time in the stores, you still have to ensure that the deal you are ...

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PM to meet with CLICO policy holders

PRESS RELEASE – CLICO policy holders in Saint Lucia are to meet with the island’s Prime Minister regarding the settlement of their investment in the insurance company which collapsed in 2009. The collapse of CL Financial, the parent company of CLICO had caused setbacks to the policy holders who had purchased the Executive Flexible Premium Annuity Policies from the Company. ...

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The idea behind Vestige 758

Out of the desire to showcase St. Lucia, two citizens who are now living abroad, created a company to provide quality designs for St. Lucians and fans of St. Lucia, dubbed Vestige 758. According to the creators Tyrone Henry and C.Z. Sean Anthony, Vestige literally means the smallest part of something. “758 (SLU) is in us no matter where we ...

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MariGourmet Supermarket – fully-fledged supermarket and yacht-provisioning services, Marigot Bay (advertorial)

MariGourmet Supermarket is located at one of the most exclusive yachting destinations in the Caribbean, Marigot Bay. We carry all the products of a full-fledged supermarket, including a wide selection of wines, liquor, fresh fruits, vegetables and gourmet food items. Our product range is always expanding, whether from customer requests and suggestions or our dedication to finding new and exciting food products. We cater to ...

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Axcel appoints new country manager in St. Lucia

PRESS RELEASE – Axcel Finance has strengthened its presence in St. Lucia with the appointment of a new Country Manager. She is Mrs. Hermina Danzie-Vitalis, a professional with over 15 years of corporate management experience. She was born and raised in Saint Lucia and holds an MBA in Finance. Danzie-Vitalis began her career at Courts and held Accounts and Office ...

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House OKs motion for post-trough rehabilitation works

GIS – The House of Assembly has authorized Prime Minister and Minister of Finance. Hon. Dr. Kenny D. Anthony to borrow US$750,000 from the Caribbean Development Bank for rehabilitation works following the 2013 Christmas Eve trough. The trough caused widespread flooding that claimed several lives and resulted in severe infrastructural damage and the loss of personal property and business inventory. ...

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Dialysis machine donated by Bankers Association helping to save lives!

Two years ago members of the Bankers Association of Saint Lucia (BA), comprising of RBC/RBTT Group, Scotiabank, CIBC FirstCaribbean, Bank of Saint Lucia, 1st National Bank together with First Citizens Investment Services, St. Lucia Development Bank and FICS, contributed to the life-saving cause of a Dialysis Machine for the Saint Jude Hospital Renal Unit. The St. Jude Hospital has faced ...

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BREAKING NEWS: Scotiabank experiencing problems with civil servants’ salaries

Bank of Nova Scotia (Saint Lucia) has confirmed it is experiencing technical difficulties which have resulted in funds not going through to a number of bank accounts. Teachers and civil servants from various government departments have not received their payments as a result. They are due to receive their salaries today. An official told St. Lucia News Online (SNO) today, ...

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This summer Digicel gives customers extraordinary cash prizes!

PRESS RELEASE – Digicel this summer, is continuing to give back to its valued customers with Free Cash Giveaways. Continuing to exceed the expectations of customers, one person every weekday will walk away with $500 in cold, hard cash for the next two weeks. Digicel for the past 11 years has rewarded its customers by giving away Extraordinary prizes. This ...

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