Global financial risks have risen, says IMF

The risks to global financial stability have risen, the International Monetary Fund (IMF) has said. In a new report, the IMF says that countries that export oil and other commodities…

SAFETY AND STABILITY IN BANKING AND FINANCIAL SECTOR OF THE ECCU

SAFETY AND STABILITY IN BANKING AND FINANCIAL SECTOR OF THE ECCU

The Chairman of the Eastern Caribbean Central Bank Monetary Council, Dr the Honourable Ralph Gonsalves, was to address the citizens and residents of the Eastern Caribbean Currency Union (ECCU) via…

Antigua & Barbuda starts national money laundering risk assessment

Antigua & Barbuda recently completed a three day National Risk Assessment (NRA) Workshop during the period April 8 – 10. The workshop was convened at the Antigua and Barbuda Hospitality…

Businesses expect conditions to improve in OECS

BASSETERRE – The Eastern Caribbean Central Bank (ECCB) says businesses in the Organisation of Eastern Caribbean States (OECS) expect an improvement in economic conditions in the sub-region for the first…

Press Release: CWC/COLUMBUS MERGER FINALIZED

…STRONG REGIONAL TELECOMMUNICATIONS PROVIDER EMERGES March 31, 2015: Cable and Wireless Communications, Plc (CWC) announced today that it has completed its US$1.85bn acquisition of 100% of the equity of Columbus…

St. Lucia minister wants Caribbean governments to subsidise LIAT

St. Lucia minister wants Caribbean governments to subsidise LIAT

The St. Lucia Government says there is sufficient justification for regional governments to subsidise the cash-strapped regional airline, LIAT, indicating that Caribbean countries would benefit significantly from a successful regional…

New ships to come calling

With dredging of the St John’s harbour completed, the nation is expected to reap huge dividends from major cruise lines, which have pledged to come calling. Although some mechanical hiccups…

LEAD: ANTIGUA BUYS WIOC

LEAD: ANTIGUA BUYS WIOC

Yesterday was yet another historic day for Antigua and Barbuda. Firstly, the country made a significant step in owning the new West Indies Oil Company (WIOC), the forerunner to today’s…

Softer Gonsalves warns, no unflattering statements about LIAT

KINGSTOWN – St. Vincent and the Grenadines Prime Minister Dr. Ralph Gonsalves, yesterday warned against making unflattering statements about the regional airline, LIAT, saying it could undermine confidence in the…