Former Barbados PM Says Sandals Concessions Were A Bad Move Former Prime Minister Owen Arthur is contending that tax concessions granted to the Caribbean hotel chain Sandals are hurting the island’s finances, already reeling from a decline in revenue from the offshore financial services sector.
Canadian travel industry partners recognized by the Caribbean Tourism Organization Two Canadian travel industry partners have been recognized by the Caribbean Tourism Organization (CTO) for their contributions to the region’s development through tourism.
Finance, media leaders launch new infrastructure forum for Caribbean In May 2014, the incoming President of the Caribbean Development Bank, Dr. Warren Smith, asserted that “over the next 10 years, some US$30 billion will be required to modernize and enhance the efficiency of the power, transportation, telecommunications, and water and wastewater sectors”.
Caribbean Tourism Organization trains Emirates Holidays staff The largest airline tour operator in the Middle East has been given a detailed introduction to the Caribbean as Emirates Airlines prepares to service the region.
Workshops to increase competencies in PC computing and networking management The Information Technology (IT) Department is currently holding a workshop which seeks to ensure that its technical personnel are competent in PC computing and networking management.
Moody’s upgrade should impact investment Fayal Williams, minister of state in the Jamaica Ministry of Finance and the Public Service, said yesterday that the two-notch upgrade to B3 by Moody’s Investors Service reflects the rating agency’s confidence in the Government’s continued fiscal discipline and the strong emphasis on economic growth and job creation.
LIAT sever ties with Caribbean Helicopters Regional carrier Liat said it will be severing its short-term relationship with Caribbean Helicopters which had been facilitating airlift to and from Anguilla.
Consumers encouraged to take advantage of Reduced VAT Day Basseterre, St. Kitts, November 20, 2016 (SKNIS): Consumers are encouraged on Reduced VAT Day, December 16, to take advantage of 5 percent VAT on appliances and merchandise, and zero VAT on vehicles under the price of EC$50,000. Vehicles over EC$50,000 will be charged the full VAT amount of 17 percent.
Sir Lester rushed for medical attention Former Prime Minister and National Hero Sir Lester Bird was rushed for medical attention on Friday afternoon after falling ill at the re-commissioning ceremony for the expanded Heritage Quay pier.