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Prime Minister and Attorney General threaten legal action in “emailgate” scandal
PORT OF SPAIN, Trinidad, CMC –Prime Minister Kamla Persad Bissessar and her Attorney General Anand Ramlogan have filed pre-action protocol letters against Opposition leader Dr. Keith Rowley as the fall out continues over the “emailgate” scandal in Trinidad and Tobago. Attorney Donna Prowell in the letter bars Rowley from repeating the statements or making “any similar defamatory statements,” failing which…
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Government extends tax concessions to first time home owners
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 the policy which was originally due to come to an end…
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SIDF sells shares to Swiss investor
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. “The SIDF has indicated that it does not wish to be involved long-term in the…
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CBU to meet in Guyana
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 discuss issues of digital transition, the business of broadcasting, public service broadcasting, new and traditional…
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Opposition, activist call for re-thinking formula for selling FCB shares
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 than 48 million ordinary shares earlier this month in a move the bank says will be…
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Caribbean Needs More Local Digital Content Online
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 expressed by Rhea Yaw Ching, corporate vice president sales and marketing at Columbus Communications, at the…
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PM urges Jamaicans to remain focus on turning around economy
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-million Stand By Agreement (SBA) with the International Monetary Fund (IMF), her administration “is aware that it’s…
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Prime Minister accuses some businesses of using VAT as a scapegoat for their problems
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 from opposition elements and sections of the small business community that…
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Government may allow smoking in special areas for businesses
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 into effect on July 15 banning smoking in public places, the…
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