Caribbean Business Report for 18th May 2020. Tropical Storm Arthur heading to North Carolina!

Good day and many thanks for your interest in the Caribbean Business Report – please find PDF attached or download at www.stluciafirst.com

CBR_issue_575

We’ll St. Lucia is on its way back to re-opening the economy. We have the links with details inside today’s CBR. There is information in there on which sectors will be gradually re-opening and under what protocols. 

Keep in mind its a gradual re-opening. A rush to normal may not be the best thing. And as Tropical Storm Arthur -which two weeks early is reminding us that – that real maelstrom is ahead. We still have COVID-19, a drought, economic challenges with thousands out of work, [another month-end] and now the hurricane season.

In spite of this we need to remain focused and prudent in our thoughts and action. The Ministry of Education is still trying to figure out the phased re-opening of school especially for those sitting the Common Entrance exam. Challenging times, but like the Pitons, we will rise to the occasion.
Congratulations to Kimani Melius; finally made it to the St. Lucia Zouks as the world prepares for the re-introduction of sporting activities – something to celebrate in an Olympic year where Olympic dreams have been put on hold.

Four new billers have joined the SurePay family, bringing even more convenience to customers from around the island. Although the zones have been lifted, it still makes a lot of sense to pay all your bills in one location, near you! See details in the CBR. 

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

  • St. Lucia ushers new phase of re-opening today May 18th 
  • SurePay welcomes four new billers
  • Major BOSL upgrade coming
  • Tolyn benefits from trade mission to Grenada and St. Vincent
  • IATA: massive losses predicted for Caribbean travel and tourism
  • OECS Authority keen to work with FAA to restore Category 1 status
  • Barbers, Beauty Salon and Spa operators asked to be patient
  • OECS Commission facilitates employment in Canada for 180 nationals
  • Central Statistical Office conducts phone surveys in mitigating COVID-19 impacts
  • OECS continues webinars to assist creative sector
  • Entrepreneur helps local businesses go paperless
  • Sagicor salutes Healthcare Heroes
  • Sagicor Antigua thanks Orderlies of Mount St. John’s Medical Centre
  • And now, the 2020 Hurricane Season. Arthur is two weeks early!
  • Carnival, Royal Caribbean, Norwegian Cruise anticipate increased 2021 demand
  • Global economy to shrink by 3.2 percent
  • ECTEL observes 20 years amidst the COVID-19 Pandemic
  • UK provides £5M to help the Caribbean fight COVID-19
  • LIAT may need bailout if situation worsens
  • Kimani Melius, Chris Gayle in Zouks line-up for 2020

Do have a productive day. Stay safe.
Rgds 
— 
Bernard Fanis