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    LIVE Radio The Caribbean Sound

Finance

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Ministry of Commerce
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Finance

Ministry of Commerce: COVID-19 Response Measures

The Ministry of Commerce, International Trade, Investment, Enterprise Development and Consumer Affairs is cognizant of the precautionary measures necessary to mitigate the spread of the Coronavirus (COVID-19).  In order to protect staff, clients, other stakeholders and the general public, it is advised that persons limit their visits to the Ministry. Effective immediately, the Ministry’s offices and the Government Supply Warehouse will be open to serve you from 8:00 a.m to […]

todayMarch 24, 2020

Bankers Association of Saint Lucia
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Finance

Bankers Association of Saint Lucia Media Release

The Bankers Association of Saint Lucia has been monitoring the global and regional developments as it relates to the novel Corona Virus (COVID-19) and we continue to do so with heightened awareness following the announcement of Saint Lucia’s first COVID-19 case on Friday March 13th, 2020. We wish to reassure customers that all our Members have taken precautionary steps to protect our staff and customers, from inadvertently contracting and or […]

todayMarch 15, 2020

Digital currency within the Eastern Caribbean
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Finance

Digital currency within the Eastern Caribbean

ECCB Governor Timothy Antoine has described the implementation of digital currency within the Eastern Caribbean as a step toward improve the ease of commercial exchange, while reducing the need for physical currency. In February The Eastern Caribbean Central Bank (ECCB) and  Barbados-based fintech company, Bitt Inc. (Bitt) came into a contractual agreement on launching a blockchain-issued Central Bank Digital Currency (CBDC) pilot within the Eastern Caribbean Currency Union (ECCU). This […]

todayJune 11, 2019

EC Polymer Notes
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Finance

ECCB rolling out new money

The ECCB has taken a turn towards environmentally friendly commercial activity through the issuance of a new suite of polymer notes. At present currency in circulation throughout the Eastern Caribbean is printed on paper, with notes which have reached their maximum period of use disposed of through incineration. According to Resident Representative of the Eastern Caribbean Central Bank In St. Lucia Sharon Ferdinand, outside of the extended use of notes […]

todayMay 23, 2019

Budget Address 2019
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Finance

Budget address for the financial year 2019/2020

Prime Minister Allen Chastanet has outlined a six pronged approach to Medium term Development to be implemented throughout the 2019 -2022 period. Mr. Chastanet outlined the developmental policy in the delivery of the budget address for the financial year 2019/2020 entitled, “ Growth, by Empowerment for a Better Future”, presented yesterday. According to the Prime Minister, the six areas were identified to achieve strategic impact. Allen Chastanet According to the […]

todayApril 17, 2019