Recent News

SLDB LAUNCHES CLIMATE ADAPTATION FINANCING FACILITY

The St. Lucia Development Bank (SLDB) has launched a special climate adaptation financing facility (CAFF). CAFF provides low interest loans to Saint Lucian enterprises in the agriculture, tourism, manufacturing and service sectors to help build climate change resilience.

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NEMO TAPS CDEMA EARLY WARNING CAPACITY

The National Emergency Management Organization [NEMO] continues to advance capacity building efforts to establish a national early warning system for Saint Lucia. The organization is getting help from the Caribbean Disaster Emergency Management Agency, the international telecommunications union and the Cuban government.

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COLLAPSED WALL COSTS THOUSANDS IN AUTO DAMAGE

Passengers on board a La Clery public bus got a scare around midday Friday, when a retaining wall collapsed on the moving vehicle at active hill. Among the startled passengers taken to hospital was a pregnant woman. One other parked vehicle was also crushed under the weight of the wall, …

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CIP NOT A FACTOR IN DSH HORSE RACING TRACK

Saint Lucia’s Citizenship by Investment Program (CIP) is not involved in any negotiations concerning the controversial DSH (horse race) track or any aspect of DSH at this point in time. That’s according to Ceo Nestor Alfred. Alfred says that some aspects of the agreement were approved before his tenure.

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Experts Determined to Make Agriculture Attractive for Youth

Officials at Caribbean Week in Agriculture 2018 are convinced that agriculture can help to reduce the Region’s worrying youth unemployment rate. Joblessness among young people in the Caribbean stands at 30%, compared to a global average of 13%.  Youth need work and the agriculture sector needs all hands on deck, …

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