Monday, December 9, 2019

US Congress Roundtable on de-risking in the Caribbean hailed a success

Representatives of the government of the 15-nation Caribbean Community (CARICOM) had a fully attended Roundtable meeting on Tuesday with members of the U.S. Congress...

New policy regarding sale of assets of international banks operating in Antigua

The Antigua and Barbuda government has adopted a policy whereby any international bank deciding to leave the island will have to make “first offer...

Under Julie Reifer-Jones’ leadership, LIAT is facing its worst financial crisis

By Bert Wilkinson Separated by large tracts of the turquoise blue waters of the Caribbean Sea, people in the tiny tourism dependent Eastern Caribbean islands...

Antigua making moves to accommodate an expanding LIAT

The Antigua and Barbuda government says it has considered a long-term lease on parts of the old air terminal at the VC Bird International...

Gov’t re-states position regarding sale of Scotiabank

Government has reiterated its position that it would not issue a vesting order to facilitate the sale of Scotiabank operations here as the Parliament...

Antigua submits official proposal to purchase Barbados’ shares in LIAT

The Government of Antigua and Barbuda has confirmed that it has officially submitted a document to authorities in Barbados indicating its interest in purchasing...

PM Mottley: LIAT ‘doomed’ under current ownership

Prime Minister Mia Mottley has insisted that the regional airline jointly owned by Barbados and three other Caribbean governments is “doomed” under its current...

No formal interest from Branson in LIAT, Gonsalves says

Prime Minister Dr. Ralph Gonsalves says he has received no formal indication from billionaire Richard Branson, the owner of Virgin Atlantic, that he is...

St. Lucia Government reiterates position on LIAT

The St. Lucia government Monday reiterated its position that unless there’s a fundamental change to the operating structure of the cash-strapped regional airline, LIAT,...

LIAT celebrates 63rd anniversary despite financial woes

The cash-strapped regional airline, LIAT, celebrated its 63rd anniversary on Wednesday, indicating that it remains “resilient to fulfil its mandate to connect the Caribbean.” The...