The Eastern Caribbean Central Bank (ECCB) advises that effective 1 August, the operations of RBTT Bank Caribbean Limited in Saint Vincent and the Grenadines (RBTT SVG) will cease following 1st National Bank St Lucia Limited’s (1st National) acquisition of RBTT SVG. As a result, RBTT Bank Caribbean Limited will become a branch of 1st National Bank St Lucia Limited as of Monday, 1 August. The ECCB, in consultation with the ECCB Monetary Council, approved the application for the transfer of the assets and liabilities of RBTT SVG to 1st National on 22 December 2020, pursuant to Section 43 of the Banking Act, 2015. In…
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As is now the distinct trend globally, the capable women of St. Vincent and the Grenadines are being called out by the circumstances currently prevailing in our land to assert themselves in the playing of a more decisive role in the determination of the way forward for our country and its people. Quite clearly the point at which we are in St. Vincent and the Grenadines today, in terms of the socio-economic and political development of our people, is nowhere close to the point at which we ought to have been after almost fifty years of being an independent nation.…
Photo : ABC BEIJING (AP) — President Xi JInping warned against meddling in China’s dealings with Taiwan during a phone call with his U.S. counterpart, Joe Biden, that gave no indication of progress on trade, technology or other irritants, including Beijing’s opposition to a top American lawmaker’s possible visit to the island democracy, which the mainland claims as its own territory. Xi also warned against splitting the world’s two biggest economies, according to a Chinese government summary of Thursday’s unusually lengthy, three-hour call. Businesspeople and economists warn such a change, brought on by Chinese industrial policy and U.S. curbs on…
The much anticipated Unity Labour Party (ULP) convention is heading for an anticlimax. Probably, the most publicized contest for deputy leader of any political party was to have taken place on July 31. The excitement that was generated by the ULP’s supporters has disappeared. Neither Camillo Gonsalves nor Sabato Caesar will be deputy leader. It was revealed by the political leader that Montgomery Daniel would be the deputy leader of the ULP. The decision to name Montgomery as Daniel deputy leader tells us that Camillo Gonsalves is incapable of being deputy leader. It tells us that Sobato Caesar is incapable…
Magnetic Resonance Imaging (MRI) – a new gamechanger for diagnostic services here in St. Vincent and the Grenadines is expected to be on the ground and operational by year end. This was announced by Minister of Health, Wellness and the Environment Hon. St. Clair ‘Jimmy’ Prince during the official handover ceremony for the brand-new CT Scan Machine on Thursday July 21st 2022. The Minister said that the machine will be procured through a donor foundation, that has already formally agreed to provide the machine, and advanced plans for receiving are already afoot.“We have already been making preparations to receive this…
Further to St. Vincent Electricity Services Limited’s last press release on 14th June 2022, the cost of fuel associated with the production of electricity during the month of June remained high, resulting in the company paying approximately $9,000,000 once again for fuel used in generating energy. This has resulted in the calculated fuel surcharge rate applicable on July’s bill to be $0.7259 per kWhGiven the foregoing and the recognized potential impact such a rate will have on the electricity bills for residential customers, the Government has made the decision to expand the exemption on the Valued Added Tax (VAT) threshold…
The ByeSave PreSchool in Byera held their Annual Graduation Ceremony on Friday 22nd July 2022.At this Ceremony, four (4) Scholarship certificates were presented to Mekyla Alexander, Leah James, Jayce Shallow and Jiren Spencer. The scholarships are valid for 1 year from September 2022 to June 2023. Dr Spring promises that this would be an annual venture.In a brief note to the parents, Dr Spring says “My hope is that you would take the opportunity to have your children educated while we build and uplift our community”.Cheers of appreciation sounded for Dr Spring on her kind gesture. Ms. Mia Quashie, mother…
All laboratory services in St Vincent and the Grenadines are currently being decentralized so as to adequately accommodate the Vincentian public. Minister of Health, Wellness and the Environment Hon. St. Clair Prince said this extension of lab services will provide increased access and equity. Prince said “Whenever a test becomes unavailable at one lab site for whatever reason, the public is advised to seek services at another public lab”. Lab services are available at another clinical lab at the Modern Medical Complex in Georgetown with four (4) more laboratories being developed; at the Union Island Health Centre, Buccament Bay Polyclinic,…
Discussions are currently underway with the Eastern Caribbean Civil Aviation Authority – ECCAA to have a privately operated medical chopper service approved between mainland St. Vincent and the islands of the Grenadines. The approval is being sought for the commencement of the service even before the Acute Referral Hospital at Arnos Vale is completed, Prime Minister Dr. Ralph Gonsalves said in Parliament on Monday (July 25). At the time, the prime minister was speaking broadly about development issues during his debate on a bill for an Act to allow the government to borrow USD 62 million from Taiwan to contribute…
The SVGFF is pleased to announce the further collaboration with FIFA, as we continue to develop our technical programs to enhance the quality of football in St. Vincent and the Grenadines. The SVG Football Federation is one of twenty (20) nations in the region to join the FIFATalent Development Scheme (TDS).This innovative Talent Development Scheme (TDS) was launched in February 2022. Theprogram provides tailor-made assistance to member associations to help identify talentedplayers by providing comprehensive development to the football structure to support their transition to high-performance football.The TDS aims for long-term strategic plans for youth development by offering trainingcourses and…