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Press Release:–  Mangal Trading Inc., spearheaded by young entrepreneur Nila Mangal, is quickly building a reputation as a leading exporter of agricultural produce in Saint Lucia. Since the company’s introduction to Export Saint Lucia in mid-2017, it has been able to sustain successful shipments of agricultural produce to the United Kingdom (U.K.) and the Caribbean […]

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CIBC announced in November that it would offload its majority share in CIBC FirstCaribbean in a deal worth just under US$ 800mn. The announcement came on the heels of a similar withdrawal by Bank of Nova Scotia which has now closed the sale of its banking operations in seven Caribbean markets, including Saint Lucia. Banks cutting back is not new to the Caribbean, which has had to adjust to a ‘new normal’ in banking following the global economic crisis and subsequent wave of de-risking, but a recent roundtable summit on the issue suggests that the region is charting a way forward, with the help of international private and public sector partners.

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Press Release:– The European Union has provided the Caribbean Public Health Agency (CARPHA) with a grant of 4.1 million euro (US$4.5M) to continue supporting efforts to combat mosquito borne diseases in the Caribbean Region. The assistance will be channelled through a four-year health strengthening programme designed to further improve the prevention, detection and control of outbreaks […]

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