Caribbean Business Report for 16th December 2019

Can you imagine Christmas is next week Wednesday! Congratulations to those companies and organisations involved in spreading the Christmas cheer to those less fortunate. 


Also congrats to the 1st National Bank and its board, management and staff on their decision to purchase the Royal Bank operations in St. Lucia and St. Vincent.What is critical to note here is the power of pooling resources together to make seemingly insurmountable feats  possible, to benefit of the people of the region. This should guide our path forward on the many crucial challenges facing the sub-region. 

There are some the things happening like the re-branding of the St. Lucia Civil Service Cooperative Credit Union and also the launch of the Credit Union league’s ATM card!  Finally!

Well, there was international horse racing in St. Lucia – off to fine start on National Day. And talking about fine starts and finish – in track and field, Juliana Alfred has been blazing the trail and setting records, paving the way for a groundbreaking 2020. We must commend too the young sailors who made it after over 16 days at sea – crossing the Altantic! 

In the meantime, here are this week’s headlines.

  • 1st National Bank to purchase Royal Bank of Canada St. Lucia/St. Vincent operations
  • And they’re off! St. Lucia enters international horse racing
  • Inaugural Pitons Cup marks first phase of the Pearl of the Caribbean
  • Saint Lucia negotiates and signs new bilateral air services agreement
  • Chamber reiterates concern over Article 164 and impact on consumers
  • SLHTA holds Quarterly General Meeting on Tuesday at Harbor Club
  • Credit Union League to launch UNICARD today
  • ARC+ 2019 concludes
  • Youth ARC successfully accomplishes inaugural mission n
  • The Competitiveness Agenda for St. Lucia in its final stage
  • Taiwan and St. Lucia ties remain strong
  • Caribbean Tourism Minister of the Year: Dominica Fedee
  • All OECS schools to benefit from improved internet connectivity
  • OECS companies participate in the Caribbean Renewable Energy Forum in Miami
  • Caribbean Export promotes the Caribbean’s Orange Economy in Kenya
  • Government of Ireland Scholarships open to citizens of OECS Member States
  • HVAC technicians seeking to form regional association

Do have a productive week.

Bernard Fanis