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ECCB deputy governor says the EC dollar strong as ever
GIS - The Eastern Caribbean currency has been pegged to the United States dollar at a fixed rate of EC $2.70 since 1976. The Eastern Caribbean Central Bank (ECCB) has said that the EC dollar is as...
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First Citizens challenges young people: “Change your money mindset!”
PRESS RELEASE - “Who wants be a millionaire?” The hands went up even before the question reached the back of the room. “Now, who wants to be a billionaire?” Even more hands stretched as First Citizens...
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PM reveals projected increases in government revenue
NATIONWIDE - Government revenue is steadily increasing as citizens and corporations become more tax compliant. With the Prime Minister and Minister of Finance ready to deliver his 2015 Budget Address...
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NWU submits request for recognition certificate for FCIS
PRESS RELEASE - Clerical, technical and non-managerial workers employed with First Citizens Investment Services Limited, St. Lucia have become members of the National Workers Union (NWU). As a result...
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Pension and lump sum benefits to increase
NIC building Waterfront Castries. PRESS RELEASE - Effective July 1, 2015, pension and lump sum benefits paid by the National Insurance Corporation (NIC) will increase. This announcement was made by...
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US$90 million Hilton-branded hotel development comes to St. Kitts
Renderings of the new Embassy Suites by Hilton St. Kitts, located at Pelican Bay on the Caribbean beachfront. PRESS RELEASE - Currently under construction in Pelican Bay, St. Kitts will debut a...
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Slight increase in electricity bills likely
Residents may pay a little more for electricity later this year if a government proposal to increase the charge on fuel purchased by St. Lucia Electricity Services (LUCELEC) by 50 cents per imperial...
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GOOD NEWS: Over 600 to benefit from new VAT threshold; “We have listened to...
Prime Minister Dr Kenny Anthony Government has proposed raising the Value Added Tax (VAT) threshold from $180,000 to $400,000. This means that over 600 VAT registrants will not be required to collect...
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New reforms, fee increases to make up for non-reduction in wages and salaries
PM Anthony After the government failed in its bid to reduce public sector salaries and wages by five percent to contain public expenditure, it had to find alternative ways to help reduce the fiscal...
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SLHTA to host Hospitality and Tourism Job Fair
On May 13, 2014, the SLHTA hosted a Job Fair at the Bay Gardens Hotel for approximately 70 students who graduated from the Monroe College’s Hospitality Training Programme in 2013. PRESS RELEASE - The...
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PM Anthony announces reforms to boost ease of business
A series of reforms and initiatives will be undertaken through a project geared at improving efficiency and competitiveness, and supporting renewed investment in the local economy. This is according...
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Caribbean food export sector gets more CDB funding
PRESS RELEASE - The Caribbean Development Bank (CDB) has pumped an additional $469,000 USD into the region’s specialty food sector via a Supplemental Grant to the Caribbean Export Development Agency...
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Cable & Wireless Communications wins regional award
Cable & Wireless Communications was recognized as Avaya’s Central America and Caribbean Mid-Market Partner of the Year during the recent Avaya Partner Engage Week. PRESS RELEASE – Cable &...
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SLHTA upcoming AGM and Tradeshow
The St. Lucia Hotel and Tourism Association (SLHTA) Annual General Meeting and Tradeshow is fast approaching and will be held at Bay Gardens Hotel on Friday, May 29, 2015. The much anticipated...
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First Citizens to host Budget Review seminar
PRESS RELEASE - In an effort to educate and enlighten the populace about financial issues First Citizens Investment Services continues its drive to hold informative seminars to promote discussions on...
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NWU requests audience to discuss Banking Act
PRESS RELEASE - The National Workers Union (NWU) has written to Hon. Dr. Kenny D. Anthony, Prime Minister of Saint Lucia and Leader of the Opposition, Hon. Gale Rigobert requesting an audience. The...
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‘MyOffice’ from Cable & Wireless now available in St. Lucia
PRESS RELEASE - Cable & Wireless (CWC) Business Solutions has teamed up with global business solutions providers, Avaya, Juniper and BlackBerry, to retrofit offices across St. Lucia with new...
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NWU negotiations with WASCO continue
PRESS RELEASE - Representatives from the National Workers Union (NWU) and officials from the Water & Sewerage Co. Inc will meet on Thursday May 21, 2015 at 10.00 a.m. The parties will be meeting to...
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Arts Cafe invites artists to apply to take part in official launch
PRESS RELEASE - Appleton Estate 21 Arts Café, founded by Ms. Sherrie Alcee and exclusively sponsored by Appleton Estate Jamaica Rum, officially invites artists to apply to participate in their...
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Gov’t approves Public-Private Partnership Policy framework
PRESS RELEASE - In March 2015, the Government approved a Public-Private Partnership (PPP) Policy framework for Saint Lucia. The Policy which details the criteria for engaging in PPPs will provide an...
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