Caribbean Business Report for 17th July 2019

The Caribbean Business Report for 17th July 2019 can be read below


Good day and many thanks for your interest in this week’s Caribbean Business Report   The CBR is coming out on a Wednesday this week, after two days of street parades wrapping up the 2019 Carnival season. From all reports, it was a good one for car rentals, small hotels and guest houses. Congratulations to all the winners this year – including Ti Caroo who made history winning the Calypso Crown, decades after his father won it. The first ever father-son combination to win the crown! 

From all indications taxi-drivers, guest houses, hotels did good business during the season. Next is Roots and Soul in August. 

St. Lucia is this week hosting the Taiwanese President [July 17th -19th]  – just days after hosting CARICOM leaders.
Now for today’s main stories.

  • Taiwan President on state visit to St. Lucia July 17th to 19th
  • Denel Florius among OECS Youth exploring new horizons in Denmark
  • Invest Saint Lucia to introduce business incubator and accelerator programme
  • St. Vincent approves medicinal cannabis licenses
  • Sanovnik Destang: Get online or get left behind
  • Saint Lucia records steady growth on the Henley & Partners Q3
  • St. Lucia gets access to insurance for the fisheries sector
  • Sammy, Bolt, Bravo seek to motivate young athletes
  • West Tech Shipping supports donation to Bordelais Correctional Facility
  • Massy and NCA sign MOU
  • GraceKennedy eyes larger Canadian market
  • Financial regulators approve FinTech Company, Bitt
  • CHA recognises industry excellence
  • Bakers Association holds its Annual General Meeting July 24th
  • LBM Designs at Fashion & Contemporary Design Accelerator
  • Third Annual Saint Lucia Dive Festival attracts record numbers
  • 603 room Ramada Hotel to be opened in September in St Kitts
  • Microsoft and IICA create open access video platform on agriculture

Do have a production rest of week. Remember we are in the hurricane season, and if you are a small business take no chances. The challenge of recovery is much much greater, especially if you don’t have insurance! 
Bernard Fanis