Caribbean Business Report for 29th June 2020 – Common Entrance exams today!

Good day and many thanks for your interest in the Caribbean Business Report [PDF attached] or can be downloaded at www.stluciafirst.comPlease feel free to share the weekly e-newsletter.


Today is a big day for students sitting the Common Entrance Exam – this time held under COVID-19 conditions. Let us wish all students the very best of luck. When/if school re-opens in September it will be under totally different conditions.

It is worrying what is happening in our key source market, the United States. It’s like the horses have bolted and the bulls are in the china shop! No one really knows how this is going to work itself out with the coronavirus, the flu and hurricane seasons about to converge.

 In St. Lucia we should not let up – social distancing, the wearing of  face masks and the washing of hands and sanitizing surfaces are the only prescriptions for saving lives and controlling the spread of the coronavirus.

We must commend ADMAC Ltd for hosting yet another farmers market- at its car park along the Beausejour road in Gros Islet on Saturday. This is the best economic response to COVID-19. We keep stressing here that the best way to build the economy is to support farmers, SMEs, local manufacturers and local talent – be it in academia, the creative industry or sports.

 We will have complete coverage of the farmers’ market in next week’s edition. 
In the meantime check this out!

This is an exciting opportunity for the frontliners that the Prime Minister has promised duty-free waivers for buying a new vehicle. This is a great deal! Take advantage of it now, or whenever the PM’s promise clears its legislative hurdles. Call 452-5241
In the meantime, here are this week’s headlines:

  • Chamber members discuss re-opening cautiously and safely
  • St. Lucia studies St. Kitts’ “Goods Must Move” customs policy
  • St. Lucia to launch Economic Recovery and Resilience Plan
  • Itelbpo launches operations in St. Lucia from today
  • St. Lucia among countries receiving EU climate funds
  • Taiwan collaboration with St. Lucia Marketing Board
  • COVID-19 Health and Safety Training begins today
  • WLBL-DBC Piton Malta donates 150 Tablets to Sixteen Primary Schools
  • Schools in Laborie receive tablets from LEEF
  • Finance and Technical Assistance for MSMEs panel discussion today
  • Turning waste into gold
  • Massy issues statement on price increases
  • Cabot globally recognized for environmental stewardship
  • Fond St Jacques Development Committee distributes care bundles to the community
  • Sagicor sees increase in number of doctors covered to offer telemedicine claims
  • Chris Gayle opting out of CPL – A Surprise!
  • St. Lucia among countries allowed in re-opened EU –US denied
  • Region’s recovery relies on tourism
  • Barbados reopens July 12th – arrivals to be tested
  • Dominica makes use of its CIP

Do have a productive week. Stay safe. Please call 453-2418 to advertise in the Caribbean Business Report. Help us support the St. Lucia business fraternity and by extension, the national economy! 
Bernard Fanis