BASSETERRE, St. Kitts, , CMC – The St. Kitts-Nevis government says it will extend the tax concessions granted to first time home owners as its seeks to boost growth in the construction sector and stimulate the local economy. “Over the last two and a half years, government has extended th...

BASSETERRE, St. Kitts, CMC – The state-owned Sugar Industry Diversification Foundation (SIDF) has sold its shares in a company involved in a resort project here for more than EC$50 million (One EC dollar =US$0.37 cents) to a Swiss investor, Information Minister Nigel Carty has announced. &ldqu...

BRIDGETOWN, Barbados, CMC – The Barbados-based Caribbean Broadcasting Union (CBU) says it will hold its 44th annual general assembly in Guyana next month. It said the August 19 – 23 assembly will be attended by broadcast executives, industry partners and media specialists where they will...

PORT OF SPAIN, Trinidad, CMC – The main opposition People’s National Movement (PNM) Monday called on the Trinidad and Tobago government to reconsider the formula used for privatising the state-owned First Citizens Bank (FCB). The FCB launched its initial public offering (IPO) of more tha...

PORT OF SPAIN, Trinidad - Producing more local digital content remains one of the most effective means of increasing internet penetration in any market. Local content production can also create significant opportunities and positively impact both social and economic development. This was the view e...

MONTEGO BAY, Jamaica, CMC – Prime Minister Portia Simpson Miller is urging Jamaicans to remain focus as the country goes through what is perhaps its most ambitious and far-reaching economic transformation programme. She noted that in implementing that economic programme that involves a multi-m...

BRIDGETOWN, Barbados, , CMC – Governor of the Central Bank of Barbados (CBB), Dr. Delisle Worrell says self-confidence will help the island overcome its economic problems, including the foreign exchange imbalance that has emerged in the last three months. In a paper released here titled &ldquo...

CASTRIES, St. Lucia, CMC – The St. Lucia government says nine months after introducing the Value Added Tax (VAT), sections of the business community were still using the measure as a scapegoat for their problems and issues. The VAT was introduced here on October 1, last year amid objections f...

KINGSTON, Jamaica, CMC - Health Minister, Dr. Fenton Ferguson, says he is willing to look at the possibility of allowing businesses, especially in the tourism industry, to have a special area outdoors to facilitate smokers. But Dr. Ferguson is making it clear that under the new measures that went in...

Santo Domingo.- US$75.0 million in losses is what the Haiti government’s ban on plastics means for Dominican Republic, which “cannot continue to tolerate bans being imposed.” Dominican Republic Industries Association (AIRD) president Ligia Bonetti on Monday said Haiti takes its me...