Tuesday, February 19, 2019
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Economy

Parliament approves EC$32 million budget loan

By Janelle Norville (GIS) During the Oct. 30 Sitting of the House of Assembly, parliament authorized the Minister for Finance, Prime Minister Hon. Allen Chastanet, to borrow EC$32,603,000 from 1st...

Government focussed on improving agriculture sector

By Lissa Joseph (GIS) On Sep. 27, Tropical Storm Kirk dumped heavy rains and winds on Saint Lucia and the rest of the East Caribbean, leaving a trail of destruction...

Barbados Prime Minister Expects Beaches Project to Boost Economy

Press Release:-  Prime Minister of Barbados The Hon. Mia Mottley expects the new Beaches project at Heywoods to play a key role in Government’s plans to turn around the economy. Beaches...

Barbados Government Did Not ‘Handpick Workers To Be Sent Home’

Barbados Today:-  The Mia Mottley led Government did not handpick which workers would be sent home during its recent retrenchment exercise. That assurance was given on Wednesday by Senator Lisa Cummins...

Barbados: PM Sorry Over Job Layoffs

Barbados Today:-  Faced with a growing chorus of heart-breaking stories from workers who have been sent home as part of Government’s cost-cutting measures across the public service, Prime Minister...

Dr. Raymond speaks on World Economic Outlook

GIS:-  Saint Lucia’s economic trajectory has been positively assessed by the International Monetary Fund (IMF), in its published World Economic Outlook October 2018. The document takes into account the global...

Prudent Urges Phased Approach to Granting CIP Citizenship

Asserting that there is need to review the granting of citizenship to foreign investors under the Citizenship by Investment Programme (CIP), the leader of the Lucian Peoples Movement (LPM),...

Cannabis Movement Says Ganja Industry Can Pump Millions Into Economy

The Cannabis Movement of Saint Lucia believes that Saint Lucia stands to gain millions of dollars from the establishment of a ganja industry here. The Chairman of the Movement, Andre...

SLP Criticised For Taking Credit For Positive Economic Growth Projections

Minister in the Ministry of Finance, Doctor Ubaldus Raymond, has criticised Saint Lucia Labour Party (SLP) leader, Philip J. Pierre, asserting that Pierre is taking credit for positive projections...

Venezuela Ditches Dollar After US Sanctions Hit Private Sector

TeleSur English:-  International financial transactions using foreign currency were reportedly blocked, agroindustrial and pharmaceutical sectors said. Venezuela is replacing the dollar with the euro or yuan in its international business endeavors,...