Wednesday, August 05, 2015
   
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Ten-point plan announced to rescue Barbados tourism industry

richard sealy tourismMinister of Tourism and International Transport, Richard Sealy, has unveiled a 10-point plan to revive the tourism industry in Barbados with an initial injection of $20 million in energy rebates for hotels and tourism-related enterprises.

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St Kitts extends tax concessions to first time home owners

sold sign contract 641502597The St. Kitts-Nevis government says it will extend the tax concessions granted to first time home owners as its seeks to boost growth in the construction sector and stimulate the local economy.

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CDB approves Liat loan for purchase of new aircraft

liat airline 400x235 988484637The Antigua-based regional airline, LIAT, Friday said the Barbados-based Caribbean Development Bank (CDB) is providing lUS$65 million in loans to the four shareholder governments of the company.

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Greece agrees deal to reform civil service


Greek-Flag2The Greek parliament has approved controversial reforms of the civil service and tax administration, opening the way for mass dismissals of state employees in return for a €6.8bn aid disbursement by international lenders.

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Cost cuts help GE profit beat as order book swells

GEGeneral Electric Co beat quarterly profit expectations by a penny, helped by cost cuts and sales of jet engines and oil pumps, sending shares up 4.5 percent on Friday.

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