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Business

CDB and SheTrades Caribbean Hub Partner with Caribshopper to Expand Market Access for Women Entrepreneurs

Staff Writer -
January 14, 2025 | Bridgetown, Barbados – The Caribbean Development Bank (CDB) is deepening its commitment to empowering women entrepreneurs across the region through a strategic partnership with Caribshopper, an e-commerce platform designed to connect Caribbean businesses with consumers...
Business

Chamber of Commerce Leads Dialogue to Address Traffic and Port Congestion

Staff Writer -
Castries, St. Lucia – January 10, 2025 In a decisive move to tackle growing traffic congestion and operational inefficiencies around Port Castries, the St. Lucia Chamber of Commerce, Industry, and Agriculture convened a high-level meeting with key stakeholders, including the...
Business

Saint Lucia Cruise Port Begins Transformative Port Redevelopment Project

Staff Writer -
(Castries, Saint Lucia, December 24, 2024) – The demolition of the Customs and Excise Department Building on Jeremie Street, completed in the early hours of Saturday, 21 December and Sunday 22 December, marks the official launch of the highly...
Business

LUCELEC Launches Its Electric Vehicle Charging Stations

Staff Writer -
Castries, December 19, 2024 – St. Lucia Electricity Services Limited (LUCELEC) has officially launched its electric vehicle (EV) charging stations, a significant step in the country’s movement to a sustainable energy sector. The new EV chargers are strategically installed across...
Business

French Delegation Explores Saint Lucian Banana Market

Staff Writer -
A French delegation from Banane Mart met with Saint Lucia’s Ministry of Agriculture and the National Fair Trade Organization (NFTO) to discuss a strategic partnership that could see local farmers supplying up to 60,000 tons of high-quality bananas annually...
Business

Barbados launched the world’s first debt-for-climate-resilience operation

Staff Writer -
The deal generated US$125 million in fiscal savings which will be channeled into new resilience investments The debt conversion represents an innovative financing model for climate adaptation that avoids increasing the burden of public debt Barbados has successfully completed an unprecedented...
Business

Fuel Price Adjustment for the period December 2 to December 22, 2024

Staff Writer -
Castries, Saint Lucia - The Government of Saint Lucia continues to subsidize the cost of the LPG 20-pound gas cylinders by $15.47 per cylinder and the LPG 22-pound gas cylinders by $17.02 per cylinder. Meanwhile, in keeping with changes in...
Business

Saint Lucia Builds Resilience with Cutting-Edge Earth Observation Training

Staff Writer -
Saint Lucia is advancing climate resilience with cutting-edge Earth observation training. Funded by the World Bank, the program introduced government and utility officials to tools like satellite imagery and drones to improve disaster management. Saint Lucia has taken another step...
Business

St. Lucia Employers’ Federation urges businesses to strengthen security measures and safety protocols amid seasonal crime spike

Staff Writer -
The St. Lucia Employers' Federation issued an urgent statement urging businesses to strengthen security measures and safety protocols amid seasonal crime spikes.  Executive Director, Cornelia Jn. Baptiste said despite these efforts, recent incidents have reminded us all of the critical...
Business

The IRD encourages taxpayers to take advantage of the Tax Amnesty

Staff Writer -
The Inland Revenue Department (IRD) urges taxpayers to take advantage of the extended tax amnesty, now available until May 1, 2025. Under this amnesty, all penalties, interest charges, and collection fees are waived, allowing taxpayers to settle only the...
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Pierre Accuses Chastanet of Disrespecting Parliament After Budget Debate Walkout

Prime Minister Philip J. Pierre has sharply criticized Opposition Leader Allen Chastanet, accusing him of disrespecting Parliament and the...

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