Tourism
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Saint Lucia approves incentives for 20 new tourism projects – CARICOM Business
The St. Lucia government says it is anticipating investment in the tourism industry to surpass EC$320 million as a result of negotiations with various investors during the first 8 months of this year. “Investors are showing a high level of confidence and interest in St Lucia’s economic prospects. This is evident by the level of tourism investments which have been…
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Barbados Gov’t caps fuel prices – CARICOM Business
Effective August 19, consumers in Barbados will be paying less for gasoline and diesel as Prime Minister Mia Mottley announced that the price of fuel at the pump will be capped for the next five months. Gasoline will cost BDS$4.48 (US$2.24) per litre, while diesel will be BDS$4.03 (US$2.01) until January 31, 2023. Mottley also said that the cap on…
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TT Central Bank authorises first company to issue e-money – CARICOM Business
The Central Bank of Trinidad and Tobago has issued a provisional registration to PayWise Limited as an electronic money (e-money) issuer. The provisional registration authorises PayWise to issue e-money in Trinidad and Tobago from September 1, 2022, becoming the first entity, apart from banks and non-bank financial institutions, so authorised. PayWise will also be allowed to enlist new customers. PayWise…
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LIAT looks to minimum revenue guarantees for viability – CARICOM Business
The Antigua and Barbuda government says every territory to which the cash-strapped regional airline, LIAT, flies to will be asked to purchase shares in the new company as efforts continue to revitalise the embattled airline. In a statement, the Government noted that “in the proposed new LIAT, thesalaries, wages and other emoluments will take up a smaller part of its…
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Cayman implements 5-phase tourism re-start strategy: CARICOM BUSINESS
The Cayman Islands has announced a five-phase approach to reopening its tourism sector. During the first phase or ‘reduced quarantine period’, which began in June, fully vaccinated travellers are subject to a mandatory 5-day quarantine while the unvaccinated undergo 14-days isolation. In the second phase, or “reduced reparations restrictions”, effective August 9, additional travel restrictions will be eased, including the…
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Will ganja and medicinal herbs offer Caribbean new path to wellness
(Caribbean Tourism Organisation Press Release) – Bryanna Hylton, the Westwood High School, Jamaica student who won this year’s Caribbean Tourism Organizstion (CTO) Tourism Youth Congress, will join the CTO’s programme of activities for Caribbean Tourism Month (CTM) which is observed during the month of November. The 17-year-old Hylton will join an online panel for the Thursday, 1 November launch of…
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Implementation Plan for the CSME 2017-2019
The Caribbean Community (CARICOM) has taken steps to accelerate the use of the measures under the CARICOM Single Market and Economy (CSME). The Conference of Heads of Government in July 2017, approved the Implementation Plan for the CSME 2017-2019 which coincides with the CARICOM Strategic Plan (2015-2019). The Plan is a comprehensive document which details the level of implementation of measures…
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Rihanna named Ambassador Extraordinary and Plenipotentiary of Barbados
(Barbados Government Information Service) Government has appointed international pop icon, Robyn “Rihanna” Fenty, as Ambassador Extraordinary and Plenipotentiary, with specific responsibility for promoting education, tourism and investment for the island. Prime Minister Mia Amor Mottley stated that Government was honoured to be able to confer the title on this outstanding Barbadian who has contributed significantly to raising the island’s profile…
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Saint Lucia gets CARICOM Development Fund support to jumpstart Village Tourism Initiative
The Government of Saint Lucia on Friday signed on for the 2nd cycle from the CARICOM Development Fund (CDF). Since its establishment, Saint Lucia has benefited from the CDF. For the first funding cycle, the Saint Lucia CAP (Country Assistance Programme) was valued at approximately USD $6.1 million or XCD $16.47 million in loans and grants and was designed to enhance private…
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CLIMATE CHANGE PRESENTS OPPORTUNITIES FOR SMALL ISLAND DEVELOPING STATES
Basseterre, St. Kitts, August 25, 2017 (SKNIS): Although climate change has its disadvantages, it can also be used as an opportunity for Small Island Developing States (SIDS), especially St. Kitts and Nevis in a number of ways, said representatives from the Ministry of Tourism, Assistant Secretary, Diannille Taylor-Williams, and Annette Esquibel, Sustainable Tourism Coordinator. The duo appeared on Wednesday’s (August 23) edition…
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