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Business

Business, News

Cassava Production Vital for Strengthening Food Security, Declares Alfred Prospere

March 12, 2025 10:14 amMarch 12, 20250
Cassava products manufactured in Saint Lucia

Minister of Agriculture and Fisheries Alfred Prospere has announced ambitious plans to significantly boost cassava cultivation on the island, actively …

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Business, News

Caribbean Trade Unions Unite to Shape a New Social Contract

March 12, 2025 10:06 amMarch 12, 20250

The Conference on the New Social Contract – A Trade Union Perspective for the Caribbean, held on 25-26 February 2025, …

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Business, News

Term Finance and Axcel Finance Leverage Synergies to Expand and Modernize Caribbean Lending

March 12, 2025 10:06 amMarch 13, 20250

Term Finance, a leading digital lender in the Caribbean, has entered into a novel arrangement with Axcel Finance, a top …

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Business, News

Banana Stems to be used in Making Sanitary Napkins in Saint Lucia

March 1, 2025 1:13 pmMarch 1, 20250
Banana Stems

LOCAL bananas stems are to be used to make sanitary products. Minister for Agriculture Alfred Prospere said the initiative has been proposed by an entrepreneur…

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Business, News

Peter & Company Limited is now Acado St. Lucia Limited

February 21, 2025 4:14 pmFebruary 21, 20250

Peter & Company Limited, one of the oldest and most recognizable companies in St Lucia will soon be known as …

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Business, News

Agostini Group Positions Itself for Future Growth, Reinforces Regional Identity

February 15, 2025 10:55 amFebruary 15, 20250
Barry Davis, Group CEO at Agostini’s Limited

Agostini’s Limited today secured a name change to Agostini Limited following a meeting of its shareholders. The Group also revealed …

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Business, News

Commercial Court Facilitated Resolution of Business Disputes Worth Millions in 2024

February 8, 2025 9:05 pmFebruary 8, 20250

Established nine years ago, Saint Lucia’s Commercial Court is efficiently facilitating the resolution of business disputes, having managed EC$49 million …

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Business, News

Historic Breakthrough! St. Kitts, Nevis Secures Full Funding for Geothermal Energy

February 8, 2025 12:34 pmFebruary 8, 20250
Prime Minister of St. Kitts and Nevis, Dr. Terrance Drew

In a monumental step towards energy independence, the Government of St. Kitts and Nevis has secured the full financing required …

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Business, News

SLHTA Has a New President

February 1, 2025 11:43 amFebruary 1, 20250
Erwin Louisy

The Saint Lucia Hospitality and Tourism Association (SLHTA) has a new president. Erwin Louisy’s position became effective on January 28, 2025. Her appointment was unanimous…

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Business, News

CIBC Caribbean announces a change to its Country Management Structure

February 1, 2025 11:35 amFebruary 1, 20250

The Caribbean’s leading financial services company, CIBC Caribbean, has announced a change to its Country Management, that will place greater …

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Business, News

CTO SG Dona Regis-Prosper Calls for Caribbean Unity and Innovation at Virgin Islands Tourism Summit

January 29, 2025 11:01 amJanuary 29, 20250
Dona Regis-Prosper- Secretary-General and Chief Executive Officer of Caribbean Tourism Organization

The Caribbean must leverage more than just its natural beauty and focus on strategic partnerships, innovation and sustainable tourism to …

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Business, News

Final Report on 2024 Stakeholder Consultations on the Development of the Eastern Caribbean Securities Market

January 18, 2025 1:20 pmJanuary 18, 20250
Mrs Lucia Livingston-Andall, Chairman of the ECSRC

In 2024, the Eastern Caribbean Securities Regulatory Commission (ECSRC) undertook a series of consultations with various stakeholders and participants on …

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Business, News

Window 1 Call for Proposals for the Regional MSME Matching Grants Programme Concludes

January 11, 2025 10:33 amJanuary 11, 20250
Image of a business' open sign

PRESS RELEASE — The Commission of the Organisation of Eastern Caribbean States (OECS) extends its heartfelt gratitude to all Micro, …

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Business, News

CDB’s Financial Strength Confirmed by Callable Capital Review

January 4, 2025 11:25 amJanuary 4, 20250
CDB’s Financial Strength Confirmed by Callable Capital Review

The Board of Directors of the Caribbean Development Bank (CDB, the Bank) has reviewed and approved a Callable Capital Report, aligning with peer AAA-rated Multilateral…

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Business, News

Real Estate Legislation Proposed

December 28, 2024 3:18 pmDecember 29, 20240
Key stakeholders participate in a Panel Discussion on the Real Estate Bill

SIGNIFICANT strides are being taken towards the implementation of a transformative Real Estate Bill.  The Ministry of Commerce recently held …

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Business, News

Employers Federation to Business Community: “Exercise Caution This Season”

December 18, 2024 11:39 amDecember 18, 20240

The Saint Lucia Employers’ Federation is calling on the business community to exercise caution this season and to emphasize heightened …

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Business, News, Top Story

Statement by the Minimum and Equal Wages Commission

December 17, 2024 5:00 pmDecember 17, 20240

The Draft Report and Recommendations of the Minimum and Equal Wages Commission were presented to the Cabinet of Ministers on …

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Business, News

OECS Commission Launched Training for the One Stop Shop Business Registry System

December 11, 2024 10:25 amDecember 11, 20240

The Eastern Caribbean witnessed a significant advancement in transforming its business registration processes with support from the OECS Commission under …

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Business, News

Press Release From the OPM: Economy Ontrack to Grow 4.3% in 2024/2025

December 7, 2024 10:21 amDecember 27, 20240
Prime Minister, Hon. Phillip J. Pierre

THE economy is on track to grow by 4.3% in the financial year 2024/25, registering a fourth consecutive year of …

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Business, News

Export-Import Bank of the U.S. Signs $800 Million MOU with Barbados, Saint Kitts and Nevis

November 27, 2024 10:35 amNovember 27, 20240

Export-Import Bank of the United States (EXIM) President and Chair Reta Jo Lewis has signed two significant memoranda of understanding …

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