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Finance/Business

LIAT makes interim changes to facilitate systems upgrade

Regional airline LIAT is set to upgrade its Computerised Reservations System (CRS) which handles all reservations and its Departure Control System (DCS) which is used for check-in. The upgrade is planned to take place from October 23 to 24. The airline said over the past several months it has been putting the necessary plans in place, and it’s all systems ...

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Digicel begins the weekend with free rides, free credit and free talk!

Castries, St. Lucia: Digicel will this Friday provide its customers with surprise value with its ‘FREE Ride Fridays’. Digicel branded buses will operate FREE of charge to deliver complimentary service to their particular bus routes island-wide! Tomorrow, St Lucia will be treated to FREE commuting on Digicel branded buses island-wide. In keeping with its promise to deliver the best value, ...

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Digicel’s Caring Connections helps the St. Lucia Blind Welfare Association job placement project

CASTRIES, ST. LUCIA: Digicel continues to assist the special needs community by presenting the fourth $10,000 Caring Connections cash grant to the St Lucia Blind Welfare Association (SLBWA). Bringing to life their job placement project, the SLBWA will allow for training and on the job working experience to develop the confidence and skills of persons who are blind or visually ...

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CARIMAN workers do not want wage increase spread over 3 years

The management of Caribbean Manufacturers Limited (CARIMAN Ltd.) and the National Workers Union (NWU) are continuing discussions aimed at finding a solution to their industrial impasse. The company has since agreed to the implementation of the industrial package and instead of the 15 percent general wage increase, the management has offered ten percent 10 percent spread over three years. Considering ...

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Blackberry losing its flavour

The New York Times has reported that the Blackberry smartphone, which was once praised as the ultimate communication device, is quickly losing it’s stance in the telecommunications market. According to the article on www.nytimes.com, the BlackBerry was once proudly carried by the high-powered and the elite, but those who still hold one today say the device has become a magnet ...

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Most local businesses not keeping pace with international standards – Hippolyte

On Monday, Oct. 15, while St. Lucia joined the world in observing World Standards Day, it was reported that only a “handful” of local companies are certified to or have implemented standards in their operations. This scenario has been described as “far from desirous” if St. Lucian businesses are to succeed in a competitive export market, Minister for Commerce, Business ...

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VAT Unit ensuring compliance with series of workshops; customers reporting discrepancies

Monday, October 15, 2012 – Efforts are afoot to maximum efficiency and compliance under the Value Added Tax (VAT) system. Commencing Thursday, October 18th  until Tuesday, October 30th, 2012, the Ministry of Commerce, Business Development, Investment and Consumer Affairs will host a series of workshops to ensure that all retailers and wholesalers of price controlled goods fully understand the necessary ...

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Wyclef’s Haiti charity is now defunct after mishandling $16M in donations

Wyclef Jean’s Yéle Haiti charity, once what the singer said was the country’s “greatest asset and ally” is now defunct and in debt. The charity’s collapse comes after years of accusations of mishandled funds, which amounted to a reported $16 million following the 2010 earthquake in Haiti. “Yéle was small before the earthquake, with only $37,000 in assets,” reports The ...

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St. Lucia manufacturers blast the VAT

President of the St. Lucia Manufacturers Association Paula Calderon has warned policymakers behind the Value Added Tax (VAT) implementation that its members may soon be out of business because of the implications of certain policies. In a statement, Calderon said her association was outraged by the implementation of VAT policies which she claims are crushing the already struggling manufacturing sector. ...

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Jalousie Plantation renamed Sugar Beach

The Jalousie Plantation, on the scenic Eastern Caribbean island of St Lucia, has completed a three year, multi-million dollar transformation and is marking the occasion by renaming the property Sugar Beach, A Viceroy Resort on November 30. The Viceroy Hotel Group, which has managed the Jalousie Plantation since 2008, played a key role in the multi-million dollar upgrading of the ...

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Digicel introduces Free Weekends to prepaid customers

Digicel is giving customers even more ways to enjoy their weekends with FREE talk.  Digicel’s “Free Weekends” is here for all Digicel prepaid customers to enjoy even more value and savings. All Digicel to Digicel calls made on the weekend is more affordable with the launch of “Free weekends”.  Let your weekend start with Digicel to enjoy significantly more talk ...

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St. Lucia to benefit from Antigua pullout

St. John’s Antigua- St. Lucia stands to benefit the most from a decision by Jamaican hotelier Gordon “Butch” Stewart not to proceed with a proposed 100 million US dollar resort at Long Bay. Stewart, chairman of the Sandals and Beaches hotel chain brands, yesterday told OBSERVER Media that he had decided to shelve plans for the new development because of ...

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Glace Motors employees to participate in secret ballot poll

Workers employed with Glace Motors – Marisule, Bella Rosa, Rodney Bay and Bridge Street — will participate in a secret ballot poll on October 25th and 29th, 2012. This is as a result of a meeting held at the Department of Labour on October 11th, 2012 between the company and the National Workers Union (NWU) at which the date and ...

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St. Lucia delays VAT implementation for hoteliers

Three days after the Value Added Tax (VAT) came into force in St. Lucia, cracks have began to appear with Prime Minister Dr. Kenny Anthony announcing a delay in the implementation of full VAT for the hotels and related services in the tourism sector. In a statement which appears to give credence to opposition claims that the government was ill ...

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CARILED signs MoU with Saint Lucia government

The Government of Saint Lucia, Ministry of Social Transformation, Local Government and Community Empowerment in conjunction with the Gros Islet Constituency Council, Soufriere Constituency Council and the Soufriere Regional Development Foundation has been engaged with the Federation of Canadian Municipalities (FCM) towards the establishment of the Caribbean Local Economic Development (CARILED) Program. The program is aimed at stimulating sustainable local ...

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LIME partnering with government

A conference on Information Communication Technology (ICT) is due to open here on Thursday and it is aimed at helping the Government of Saint Lucia develop its own blueprint for development, utilizing new information technologies and systems. The event which takes place at the Royal Saint Lucian Resort & Spa is being hosted by LIME in collaboration with a number ...

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CONFIRMED: SOL workers to get wage increase

The management of SOL EC Ltd. and representatives from the National Workers Union (NWU) have successfully completed industrial negotiations. Tank wagon drivers, crewmen, plant attendants and mechanics employed with the company will now benefit from a nine percent general wage increase over a period of three years. Workers will also enjoy a new wage scale structure within which the NWU’s ...

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Gino Phillip – first postpaid customer to win Digicel’s Diamonds Delights Promotion

Digicel, the Bigger Better Network is rewarding it postpaid customers monthly by partnering with Diamonds International with the “Diamonds and Digicel Delights” promotion. Starting off in the month of August, Digicel embarked on a partnership that would excite its postpaid customers like never before. Digicel joined forces with Diamond’s International to give postpaid customers the opportunity to be rewarded with ...

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Export marketing workshop in support of EPA implementation held in Saint Lucia

09 October 2012 – As part of the commitment towards developing an individual export plan, the Ministry of Commerce, Business Development, Investment and Consumer Affairs facilitated a training workshop on “Capacity Building to support EPA Implementation in the Caribbean,” Monday, October 8. The workshop placed focus on providing small and medium-sized enterprises (SMEs) with the opportunity to acquire technical knowledge, ...

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BREAKING NEWS: CARIMAN Ltd served protest action ultimatum

The National Workers Union (NWU) has given the management of Caribbean Manufacturers Limited (CARIMAN Ltd) a seven-day protest action ultimatum. The NWU and the Management of CARIMAN Ltd have been engaged in months of negotiations.  On March 12, 2012, the NWU as requested by the company, submitted an overall compromise industrial package which should have been implemented.  That was not ...

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Further tariff reduction for LUCELEC customers

Castries, October 8, 2012 – Customers of the St Lucia Electricity Services Limited (LUCELEC) are in line for a further reduction in the electricity tariff. The reduction comes as nearly eight hundred thousand dollars ($800,000) is being made available by LUCELEC for redistribution to customers, in accordance with the requirements of the Electricity Supply Act. Under the Electricity Supply Act ...

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St. Lucia to benefit from increased airlift from French market

CASTRIES, Saint Lucia — Saint Lucia should see an increase in passenger arrivals from mainland France and other nearby European destinations via a code share agreement between Air France and Air Antilles. The move will result in increased airlift capacity for the island from Europe. From October 28, Air France will commence flying passengers to Saint Lucia via direct connections ...

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LIME helps pensioners improve their computer skills

LIME has been praised for helping to promote computer literacy among pensioners in Saint Lucia. The company recently sponsored a Computer Literacy Workshop for members of the Pensioners’ Association Of Saint Lucia. The training took place over a 2-week period at the Castries Comprehensive Secondary School. LIME also provided broadband Internet service for the classes. The attendees learned about personal ...

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St Lucia service industries to launch export development platform

CASTRIES, St Lucia — The Saint Lucia Coalition of Services Industries (SLCSI) is organizing a stakeholder forum to launch a platform to prepare selected services sectors and firms in Saint Lucia for the export market and exploiting the opportunities in the markets of “Best Bet”. This market development event will take place on Tuesday October 9, 2012. The forum will ...

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CONFIRMED: NWU and Civil Service Association accepts wage increase agreement with WASCO

The National Workers Union (NWU) and the Saint Lucia Civil Service Association have confirmed their acceptance of the 10 percent general wage increase negotiated with the management of the Water & Sewerage Company (WASCO) Incorporated. The confirmation letter, which was sent to WASCO’s General Manager Mr. John Joseph, also conveyed that: • The unions would prefer the breakdown to be ...

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Facebook tops 1 billion users

NEW YORK (AP) USA – Facebook has topped 1 billion users, but the past few months have not been easy. CEO Mark Zuckerberg says that the company is going through a bit of a rough patch following its rocky initial public offering. CLICK HERE FOR MORE (0)(0)

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10% increase for WASCO workers amidst economic issues

Some good news for employees of the St. Lucia Water and Sewerage Company (WASCO) as they are expected to receive a 10 percent increase in their salary. Following 10 months of discussions with the company, the bargaining agent for the workers, National Workers Union (NWU), was able to negotiate not only salary increases, but also fringe benefits and improved working ...

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The Bahamas leads the Caribbean in economic freedom: Report

The Bahamas has the Caribbean’s freest economy, according to the Economic Freedom of the World rankings released by the Fraser Institute. The report examines a series of criteria, including the size of government, a country’s legal system and property rights, sound money, the freedom to trade internationally and regulation. The report, which has been published annually since 1996, looks at ...

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Prime Minister Anthony rejects “middle income” designation

UNITED NATIONS, Sept 28, CMC – St. Lucia Friday rejected the designation of being a “middle income” country saying that many small states are “deceptively classed” in the category on the mere basis of per capita. Prime Minister Dr. Kenny Anthony told the 67thSession of the UN General Assembly (UNGA) that a country the size of St. Lucia, “ith the ...

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LPM to Kenny: Heed the warning signs

The Lucian People’s Movement (LPM) says that Dr. Kenny Anthony has a final chance to implement the value added tax (VAT) the proper way, by heeding its earlier warning to the government, “to delay the implementation of the VAT to 1 January 2013, so as to fine-tune and better define a tax system that is yet largely unknown to the ...

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15% VAT on water services

The Water and Sewerage Company, Inc would like to advise that, in keeping with the new Value Added Tax laws effective October 1, 2012, WASCO will charge a 15% VAT on all of its services. This will not affect the price of water charged to consumers, but all other water and waste water services will be subject to the 15% ...

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LIAT flight diverted after “burning smell”

ST. JOHN’S, Antigua, September 26, 2012 – The Management of LIAT (1974) Limited wishes to inform that flight LI 368 from Antigua to St. Thomas on Tuesday September 25 diverted to the Princess Juliana International Airport in St. Maarten after the crew noticed a burning smell in the cockpit. As a precautionary procedure, emergency services were on standby and the ...

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BlackBerry maker posts big loss but not as bad as expected

TORONTO, Canada (AP) – BlackBerry-maker Research In Motion posted another large quarterly loss on Thursday, but the bleeding was not as bad expected. The Canadian company is still losing market share in North America, where it struggles to compete with Apple’s iPhone and phones that run Google’s Android software. But it has stepped up sales in developing markets and actually ...

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LIAT cut flights to Grenada due to low demand

ST. JOHN’S, Antigua, September 28, 2012 – LIAT wishes to advise its customers and the general public of changes to its flight schedule to/from Grenada effective Tuesday October 2, 2012. From Tuesday, Grenada will be omitted from the following flights: LI 771 – Barbados to Grenada to Trinidad LI 727 – Barbados to Grenada to Trinidad LI 726 – Trinidad ...

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No VAT on St Lucia hotel workers

The St Lucia government on Wednesday moved to avert a shutdown of the vital tourism industry, informing hotel workers that they will not be asked to pay Value Added Tax (VAT) on service charges. “The Government of St Lucia wishes to reassure workers throughout the hotel industry that the service charge earned by workers will not attract VAT,” said the ...

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St Lucia: PM paints dismal economic picture

CASTRIES, St. Lucia, Sept 24, CMC – Prime Minister Dr. Kenny Anthony says St. Lucia is singlehandedly keeping the Eastern Caribbean economy afloat, and therefore has to exercise fiscal responsibility in the interest of monetary stability in the sub-regional currency union. Addressing the 51st annual general meeting of the St. Lucia Employers Federation (SLEF), Anthony, who is also Finance Minister, ...

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Digicel gives Victoria Pediatric Ward a make over

In an effort to beautify and brighten up the pediatric ward in Victoria Hospital, a tremendous facelift was done by Digicel to cheer up the place with lively paintings of cartoon characters along the walls. As part of Digicel’s Community Involvement Month, the walls of the pediatric ward turned from a regular hospital room into something more welcoming and uplifting ...

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Sandals La Toc Golf Resort recognised by EarthCheck

Sandals Resorts has announced Sandals La Toc Golf Resort & Spa in St. Lucia has been recognised for its environmental efforts by EarthCheck, a leading certification and benchmarking organisation, which has rewarded the resort with a Platinum level certification. As a result of having consistently demonstrated its commitment to host communities and high standards of environmental care over a period ...

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Screenwriter’s Carib getaway chopped

SAINT LUCIA— Oscar-winning screenwriter Nancy Dowd, who spent a couple of seasons on Saturday Night Live back in the ’80s, has just chopped the price of her Caribbean getaway on the island of St. Lucia. CLICK HERE TO READ FULL STORY (0)(0)

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Bay Gardens Beach Resort & Spa, St. Lucia rated among the top 100 hotels in the world by Expedia Travelers

Castries, Saint Lucia (PRWEB) September 12, 2012 – Bay Gardens Beach Resort & Spa was recently honored as the only Saint Lucian hotel ranked on the Expedia® 2012 Insiders’ Select List, an annual crowd-sourced list of the world’s best-reviewed hotels. To celebrate, Bay Gardens Beach Resort & Spa, located in the heart of Saint Lucia’s entertainment capital, Rodney Bay Village, ...

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VAT Act now published in St Lucia

CASTRIES, St Lucia — The VAT Act No.7 of 2012 in St Lucia has been published and is now a public document. The Act provides for the administration of the collection of the value added tax (VAT) and speaks of a number of areas not limited to: 1. The powers of the Comptroller of Inland Revenue; 2. The oath of ...

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Digicel’s Caring Connections continues with its third award

Persons with Special Needs continue to be the focus for the Digicel Caring Connections 2012 programme. The Caring Connections Programme since its successful launch, has assisted previous project ideas which have been successful. The Third Digicel grant was presented to The Sacred Sport Foundation Inc. in the amount of EC$10,000.00. Delivering youth sports development programmes to some 1400 youth over ...

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Beachcomber launches hybrid car

Local auto dealer Beachcomber Ltd will this Friday introduce Saint Lucia’s first Toyota Prius Hybrid, hailed as the gas electric car of the future. The all-new 2012 Prius boasts an average 50 mpg but can reach as much as 95 mpg.  The Prius’s built in Lithium-ion battery allows for up to 11 miles of driving without the use of the ...

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Axcel Finance partners with St. Jude’s

St. Jude’s Hospital was the recipient of some much needed medical supplies this week in the form of nebulizers and digital thermometers for its pediatric department. The donation was made on Tuesday by Axcel Finance, a newly established micro-finance institution which provides loans to small businesses and gainfully employed consumers. Head of Operations in the OECS Olaf Fontinelle said since ...

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Digicel launches its Community Involvement Month

August 30 2012, Castries, St. Lucia: Digicel believes it is important to give back, and to be involved in community service. As a proactive corporate citizen, Digicel continues the long tradition of helping the community, both in terms of financial aid and volunteerism. With that in mind Digicel has launched its ‘Community Involvement Month.’ We at Digicel continue help and ...

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New Board for Bank of Saint Lucia

East Caribbean Financial Holding Company (ECFH) is pleased to announce that, as part of its ongoing strategic implementation plans, a new Board of Directors has been appointed for its largest subsidiary, Bank of Saint Lucia. Prior to this appointment, the ECFH Board of Directors assumed the role of Directors for Bank of Saint Lucia. The new Board, which comprises appointed ...

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Digicel Community Outreach Program off to a great start

August 27 2012, Castries, St. Lucia: Digicel, St Lucia’s Bigger, Better Network in collaboration with the Ministry of Infrastructure, Sports, Services and Transport had its Community Outreach Back to School Program in the central part of the island last weekend. Digicel team members volunteered their time and painting skills to engage in a Pedestrian/Speed Hump Paint Project which was a ...

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LIME Facebook Treasure Hunt winners receive prizes

Herslyn Biscette is one happy LIME customer who’s having the time of her life. She’s the lucky winner of a Samsung Galaxy S III smartphone, the official handset of the 2012 Olympic Games. Herslyn and thousands of LIME fans from across the region had been immersed in the excitement of hunting for clues in LIME’s Facebook Timeline Sports Treasure Hunt ...

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LIME customer wins Sony 40″ TV

Teresa Gittens will soon have the pleasure of watching TV in grand style, compliments of LIME. Teresa is the happy winner of a 40″ Sony flat-screen LCD TV, one of two up for grabs in LIME’s Digital TV promotion. She could hardly believe her luck when she received the call informing her that she had won. Along with many other ...

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Digicel and Pinehill get ready to funwalk!

CASTRIES, ST. LUCIA – August 15, 2012 Digicel, in the month of August is proud to support the healthiest event in the history of St Lucia, the Pinehill Funwalk. As proud platinum sponsors of the 13th staging of the Pinehill Funwalk the Bigger, Better Network attached a fun and exciting Text to Win promotion in which one Digicel customer wins ...

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KM2 and TELUS to manage LIME St. Lucia’s new call centre

Castries, August 13, 2012: Leading telecoms provider, LIME will be making significant improvements to its call centre operations in St. Lucia with new Canada-based partners TELUS and its global contact centre delivery arm, TELUS International and KM2. KM2 is a regional contact centre business partner with considerable experience serving customers in St. Lucia. The centre will be part of the ...

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Super J IGA showers Carnival Queen with gifts worth $10,000

St. Lucia’s Carnival Queen Janelle Desir has been celebrated by her sponsor Super J IGA supermarkets and showered with gifts which will help meet her personal, educational and community goals. Janelle Desir visited Super J IGA offices at Choc, to personally thank the management team for their belief in her, their gracious sponsorship and committed support for a cause that ...

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Senator resigns, appointed chief economist of Turks and Caicos

St Lucia Senator Dr Ubaldus Raymond has resigned his government positions and says he be assuming the post of Chief Economist of the Turks and Caicos Islands, St Lucia’s government said in a statement. Raymond, who was also St Lucia’s Parliamentary Secretary in the Ministry of Commerce, Business Development, Investment and Consumer Affairs, holds a PhD from Howard University in ...

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