Caribbean Business Report for 6th April 2020

Good day and many thanks for taking the time to read this week business reports. PDF can be view here


We’re still under curfew here in St. Lucia and many businesses remain closed as St. Lucia and the world tries to contain the spread of the coronavirus. The only known way to do so is by staying at home and social distancing and now highly recommended, wearing a mask in public.

Please take these instructions seriously as St. Lucia’s health care system already stretched  with a regular demand on its services in unable to cope with additional pressure. Five to 10 serious cases can easily overwhelm our health facilities. So precaution and prevention – are way better in the absence of a cure.

As we enter a period of business unusual -our stories are reflecting more of our COVID-19 realities than anything else. The more we self-isolate the better our chances of returning to some form of normalcy – whatever the new normal will be. No one knows exactly when as yet, but as her Majesty has promised, ‘better days will return’. 

In the meantime we commend the private sector for stepping up in this moment of crisis to help in the fight against Covid-19. The latest initiative was by Massy Stores St. Lucia and St. Vincent donating US$100,000  towards the purchase of ventilators. 

A lot more help is needed so don’t hesitate to reach out to the OECS or any other agency assisting in the fight.
For now here are this week’s headlines.

  • Massy Stores donates US$100,000 in OECS fight against COVID-19
  • OECS assessing impact of COVID-19 on business
  • CDB makes US$140 million available for COVID-19 fight
  • Republic Financial Holdings Limited supports fight against COVID19
  • IICA establishes Advisory Council for food security in the Americas
  • The IFC pledges support to small business during COVID-19 pandemic
  • Bitcoin is suddenly soaring and smashing indexes
  • Common Entrance delay because of COVID-19
  • Availability of pharmacy services during the 24 hour shutdown
  • OECS and Adapt’Action to launch Environment and Resilience Webinar Series
  • Sandals provides for its team members during COVID-19 Crisis
  • First baby born at OKEU Hospital receives a care package
  • Emerson Nurse is in Martinique for medical treatment and needs your support
  • The Caribbean Finance Report –
  • New rescue flights for British nationals stranded overseas
  • St. Vincent announces support for Vincy bus operators
  • Caribbean students to benefit from Flow Education platform
  • St. Kitts government receive corporate help in COVID-19 fight
  • Dominica receives first batch of medical supplies from China
  • Rum and gin distillers use alcohol to fight coronavirus
  • Antigua PM writes IMF and World Bank for COVID-19 support
  • Dominica KFC announces click and collect orders
  • Regional chambers of commerce partner with BVI
  • Former Tourism Minister calls on wealthy to help fight COVID

Again, stay home, wear a mask if you have to venture outside and protect your loved ones.
Do have a healthy week.
Bernard Fanis