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Issue 164                                    Call us at Caribbean Business Report (453-2418, 485-3363)                                               February 13, 2012

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Task Force to look into “Ease of Doing Business”                                                                                             ➤   Task Force to look into “Ease of
                                                                                                                                                 Doing Business” in St. Lucia
in St. Lucia                                                                                                                                 ➤   Grenada Gets Top Rank for
                                                                                                                                                 Investment Promotion
                                         Government and the Chamber of Commerce have appointed a Task
                                         Force to study the “Ease of Doing Business” in St. Lucia. The Task                                  ➤   First Citizens holds Global Market
                                         Force is headed by retired Justice of Appeal, Hon. Justice Michael                                      Outlook seminar Thursday
                                         Gordon and comprises Mr. Gerard Bergasse, the President of the
                                         Chamber of Commerce and Mr. Richard Peterkin, Tax and Corporate                                     ➤   Safety at work to become priority of
                                                                                                                                                 participants
                                         Services Partner at Price Waterhouse and Coopers.
                                                                                                                                             ➤   Details of Quality Awards to be
                                       The three member task force will first review the World Bank Report                                       provided on Tuesday
                                       on the “Ease of Doing Business in Saint Lucia” and consequently
                                       identify laws, policies and procedures which currently encumber the                                   ➤   Civil Service Credit Union holds
business process. St. Lucia slipped from 27 to 52 over the past five years, but remains number one in the                                        visioning exercise Friday
Caribbean in the World Bank’s ranking.
                                                                                                                                             ➤   Floral Society holds first-ever
The Task force is expected to present a preliminary report by March 15, 2012, for review and consideration                                       Valentine’s Day Market
by both parties.
                                                                                                                                             ➤   Caribbean Airlines has begun its
                                                                                                                                                 St. Lucia service


Grenada Gets Top Rank for Investment Promotion                                                                                               ➤   Former Labour Commissioner to be
                                                                                                                                                 honored on Thursday
                                                  Grenada’s Industrial Development Corporation has been
                                                                                                                                             ➤   Fuel increases in effect from today.
                                                  ranked first among 77 investment promotion institutions in
                                                                                                                                                 No increase on LPG.
                                                  Africa, Caribbean and the Pacific. This is according to the
                                                  Global Investment Promotion Benchmarking 2012 report, a
                                                                                                                                             ➤   OGM Communications wins
                                                  joint effort by the World Bank Group.
                                                                                                                                                 Independence logo competition
                                            The country’s GDIC was ranked ahead of Trinidad and
                                                                                                                                             ➤   Fraud detection seminar to be held
                                            Tobago and Jamaica, which finished second and third,
                                                                                                                                                 here end of February
                                            respectively; the country’s overall rank was 26th worldwide.
                                            The report said that, despite having a team of only five
people, the GIDC focused on “speed and teamwork.”                                                                                            ➤   1st National management training to
                                                                                                                                                 improve performance
It pointed to Grenada’s high-speed approach, which focuses on quick responses to inquiries. In 2009, for
example, a St Lucian manufacturer was looking to get a facility up and running by the end of the year.                                       ➤   No protection for businesses over
                                                                                                                                                 influx of Chinese
“In eight months, GDIC took the company from initial inquiry to operations, getting factory space built, licenses
issues and workers hired,” the report said.                                                                                                  ➤   Lucian Aid and LIME cleanup Praslin
The investment brought $5 million in capital investment to the economy, or about 0.5 percent of Grenada’s                                        beach
GDP that year.


                                                                                                                                                 » Headlines
                                                                                        Source – Caribbean Journal




                                  CTV News nightly at 8:00
                                     with Kirby Allain
                                LIME ch 44 ; Karib Cable ch 54
Safety at work to become priority of participants
                                                                  Participants of a just concluded
                                                                                                                First Citizens holds
                                                                  weeklong course on Occupational
                                                                  Health and Safety say they are
                                                                                                                Global Market Outlook
                                                                  committed to ensuring that closer
                                                                  attention is paid to the issue of safety at
                                                                                                                seminar Thursday
                                                                  the workplace. The five day workshop
                                                                                                                First Citizens Investment Services will host its
                                                                  organised by the St. Lucia Employers
                                                                  Federation with funding from the              sixth annual Global Market Outlook 2012
                                                                  Ministry of Labour in Canada focused          seminar on Thursday 16th February, 2012 from
                                                                  strongly on the need for greater              9am to 11am at the Bay Gardens Beach Resort,
                                                                  inspection of workplaces.                     Rodney Bay.

                                                                  Participants and course facilitators          This seminar will provide an economic overview
  Participants of Occupational Safety and Health course           agreed that many accidents can be
                                                                                                                for the local, regional and international
                                                                  prevented if causes of accidents and
                                                                                                                economies, as well as, explore expectations
potential hazards can be spotted early and corrected. The lack of inspectors in St. Lucia and some
                                                                                                                and projections for 2012 with valuable insights
OECS states was a major cause for concern and there was sentiment expressed that this be addressed
with some urgency.                                                                                              into key performance indicators.
                                                                                                                Key issues to be addressed include the Global
Also identified was the need to pay closer attention to proposed legislation and the International Labour       and Regional Economic Overview, International
Organisation [ILO] Conventions relating to Occupational Health and Safety. The ILO Conventions have             Market, Fixed income Market, Regional stock
not been ratified in some jurisdictions in the Caribbean but in the case of St. Lucia most of the provisions    Markets, ECSE stock market, Brief review of
are included in the St. Lucia Labour Code, still a source of contention in some quarters.                       2011, and Projections for 2012.

Thirty-three participants representing Employers Federations in the OECS, the relevant Government
                                                                                                                Registration is FREE. To obtain more information
Ministries and private sector organisations are now expected to train other trainers and embark on
public awareness activities on Occupational Health and Safety. The two facilitators were Occupational           and register for this seminar contact First
Health and Safety Experts out of Canada both with over 30 years experience.                                     Citizens Investment Services at 450 2662 or
                                                                                                                email seminars@firstcitizensslu.com




Civil Service Credit Union holds visioning exercise Friday
                                       The St. Lucia Civil Service Cooperative Credit Union will hold a
                                       visioning symposium on Friday to chart its future direction. The
                                       objective is to better position the financial institution to respond
                                       to the needs of its members and to become a major player in the
                                       financial services sector.

                                      Credit Union members are being invited to submit comments,
 Ralph Wharton - GM Caribbean         observations and suggestions prior to the symposium for
 Federation of Credit Unions
                                      consideration by a panel of specially invited experts and
representatives of business organisations. Submissions can be emailed at symposium@cscreditunion.
org

Prime Minister Dr. Kenny Anthony is expected to address the symposium.

Among the presenters are Mr. Francis Fontenelle who will speak on the “Current Macroeconomic
Environment with focus on the financial sector and possible opportunities for Credit Unions” and Mr.
Melvin Edwards will speak on “The Harmonised Cooperative Societies Act and New Ways of Doing
Business”. Mr. Ralph Wharton the General Manager of the Caribbean Confederation of Credit Unions
will make a presentation on “Growth and Sustainability for Credit Unions in the Current Economic
Environment”.

There will be an open discussion forum at the end of the presentations and submissions.
Details of Quality Awards to be provided on Tuesday
                                      The St. Lucia Manufacturers Association (SMA) will be holding a         Caribbean Airlines has
                                      Press Conference on Tuesday, February 14th, 2012 at 9.00 am at
                                      the Office of the St. Lucia Bureau of Standards, Bisee, Castries,
                                                                                                              begun its St. Lucia
                                      to officially announce details of its Quality Awards Ceremony, the      service
                                      Sponsors for this event, and the Selection Committee established
                                      for determining Awardees.

                                          The SMA Quality Awards Programme is the first of its kind to be
held in St. Lucia, as it is based on a rigorous third party assessment of companies against internationally
recognized standards developed in conjunction with the Saint Lucia Bureau of Standards. The
Programme has been designed to drive excellence and quality improvement in the Manufacturing
Sector.                                                                                                        Caribbean Airlines at George F. L. Charles Airport


The Selection Committee comprises of reputable persons both locally and regionally, in the field              Caribbean Airlines has officially commenced
of business and quality standards. The criteria for judging is linked to categories of Leadership,            service to St. Lucia providing travelers with a
Implementation of Standards and Best practices, Product and Customer Service Quality, Marketing               choice of carriers on the Trinidad Route. This
Strategies, Human Resource Development and Social Responsibility.                                             is a non-stop daily service from Port-of-Spain
                                                                                                              Trinidad to the George F. L. Charles airport. A
The Quality Awards Programme will culminate in the Awards Ceremony to be held on Saturday, March              short welcoming ceremony was held just after
3rd at 7.00 pm at Sandals Halcyon Hotel.                                                                      touchdown.
Calabash TV will on Thursday air excerpts of the launch of the SMA Quality Awards and the Press
Conference on Thursday after the CTV News which airs at 8:00pm on Channel 44 on LIME Digital and              Caribbean Airlines says there are plans to offer a
Channel 54 on Karib Cable.                                                                                    service out of Hewanorra International Airport to
                                                                                                              destinations further north and North America. The
                                                                                                              George FL Charles service provides connections
                                                                                                              to Caracas, Suriname, Guyana and Tobago. A
                                                                                                              service to London is expected in the second
                                                                                                              quarter of the year.
Floral Society holds first-ever Valentine’s Day Market
                                                                                                              The welcoming ceremony also included the
                                          The St. Lucia Floral Cooperative Society has begun a series         presentation of a special gift to the Director of
                                          of initiatives aimed at promoting greater use of local flowers      Tourism Louis Lewis. Mr. Lewis says the non-stop
                                          especially during high profile events. On Saturday members          flight from Port-of-Spain will help boost arrivals
                                          of the Society held a Valentine’s Day Market outside its offices    from Trinidad, St. Lucia’s 3rd largest market in the
                                          along the Vibe Bouteille Highway. The office is located in the      region. He notes that this new service will help
                                          “Skeete” building next to Renwick and Company.                      strengthen and deepen regional integration.


                                          The society is hoping to position its members for greater           Ms. Margaret Anne Xavier, the Head of Product
                                          advantage of special events such as Valentine’s Day, Mother’s       Development in the Ministry of Tourism says this
                                          Day, weddings, corporate events and the cruise-ship season.         new service will not only strengthen business links
                                                                                                              between the two islands but also assist St. Lucian
                                          A valentine’s gift store [Mind, Body and Soul] managed by           students at universities in Trinidad.
                                          Cheryl Skeete and members of the Creative Development               Ms. Xavier who deputized for the Minister of
                                          Network also participated in the Valentine’s Day Market.            Tourism says the partnership with Caribbean
                                                                                                              Airlines was a strategic one that will benefit in
                                          Florists and cut-flower growers are looking for a spike in sales    many ways.
 Happy customers at the Valentine’s                                                                           Caribbean Airlines leaves Trinidad at 1:45pm and
 Day Market                               for Valentine’s Day.
                                                                                                              arrives at 2:50pm and departs for Trinidad at 3:25
                                                                                                              daily.
Calabash TV will soon commence a series of television reports and discussion programmes taking a
closer look at the cut-flower industry. On Tuesday night in our Inside Edition series following CTV News
at 8:00, Calabash TV Bernard Fanis will speak with the President of the Floral Society and the Peace
Corps Volunteer who initiated the Valentine’s Day Market.
SERVICES
                                                                                               * Sale and Services of:                   * Sale of:




                                                                                    SERVICES
                 J.E.B Bldg, Vide Bouteille, P.O. Box 102, Castries, Saint Lucia
                                     Tel: (758) 456-6500, Fax: (758) 456-6508
                  Email: info@jebergasse.com * Website: www.jebergasse.com                     * Technical Service and Maintenance




OGM Communications wins Independence logo
competition                                                                                                              Fuel increases in effect
                                                     OGM Communications Ltd. (St. Lucia) are
                                                     celebrating yet another logo design award,
                                                                                                                         from today. No increase
                                                     this time it’s for the 33rd Anniversary of                          on LPG.
                                                     Independence logo, an award they previously
                                                     won to celebrate 30 years of independence
                                                     back in 2009. This year, OGM’s design theme of
                                                     was titled ‘Evolution’ which OGM knows much
                                                     about in their four years of operation in Saint
                                                     Lucia.

                                                     “We’re over the moon to win an award which
                                                     celebrates such a milestone in Saint Lucia’s
                                                     history,” said OGM’s General Manager Anicia
                                                     Fowell. “This is our second logo design award
                                                     this year as we were also responsible for the                       The Government has put out a release noting
                                                     winning design for the 2011 Saint Lucia Business                    that as a result of the increases in international
                                                     Trust logo.”                                                        oil prices in recent times, the prices of fuel in
                                                                                                                         Saint Lucia will be adjusted effective, Monday,
                                                     OGM’s interpretation of the ‘Evolution’ theme                       February 13, 2012 as follows:
                                                     is that the logo suggests motivation to move                          •	 Gasoline: from $3.22 to $3.30 per litre;
                                                     forward and upward. Encouraging movement                             •	 Diesel: from $3.31 to $3.37 per liter.
                                                     and personal advancement through small
                                                     beginnings is seen in a fully formed abstract                        •	 The price of kerosene will remain
                                                     hand. The outstretched hand reaching for the                            unchanged at $6.00 a gallon.
                                                     star illustrates a drive for greatness whilst the
                                                     theme of ‘One People, One Nation, Limitless                         The increases will only affect fuel. The
                                                     Possibilities’ unites the abstract with the                         Government of Saint Lucia has decided to
                                                     achieveable.                                                        maintain the existing prices on the 100 and
                                                                                                                         20 pound cylinders of LPG.

                                                                                                                         However, rather than pass on the full
                                                                                                                         impact of the price increases to consumers,
                                                                                                                         Government has decided to absorb half of
Fraud detection seminar to be held here end of                                                                           the increase in fuel prices and to pass the
                                                                                                                         other half on to consumers. The implication
February                                                                                                                 of this decision is a further reduction in the
                                                                                                                         level of excise tax on gasoline and diesel and
The Caribbean Business Report understands that Certified Information Security has confirmed
                                                                                                                         an increase in the subsidy on the 20-pound
the facilitation of a Fraud Detection and Investigation Seminar at the Bay Gardens Beach Resort from
                                                                                                                         cylinder LPG. It should be noted that the
February 27 to March 02, 2012.
                                                                                                                         subsidy on the 20-pound LPG is now $17.06
                                                                                                                         a cylinder which is higher than the cap of
This seminar has not been held in Saint Lucia since 2005 and may not be held for the next two years.
                                                                                                                         $15.00 which was established in the 2011/12
This provides an opportunity to be part of a seminar that is vital to helping companies guard against
                                                                                                                         budget.
business fraud perpetrated by employees.

                                                                                                                         A full statement on the future of the “pass
Fraud has serious financial implications for businesses and its early detection can save time and
                                                                                                                         through” mechanism will be made in the
money.
                                                                                                                         Budget Statement of 2012/2013.
Interested persons are asked to take advantage of this opportunity here as other courses involve
traveling to Trinidad, Jamaica or New York.
Registration closes on February 23rd, 2012.
1st National management training to improve
                                                                                                             Former Labour Commissioner
performance                                                                                                  to be honored on Thursday
                                               1st National Bank is getting their management team
                                               reacquainted with ways of improving their modes              The National Workers Union (NWU) at its Industrial
                                               of operation at a seminar hosted by a strategic
                                                                                                            Forum on Thursday, February 16, 2012 at the
                                               management consultant.
                                                                                                            Conference Room of the Royal Saint Lucian Hotel
                                                                                                            will be paying tribute to a major contributor to
                                               Last week managers were hard at work learning new
                                               skills in working more effectively from a management         industrial relations practice in Saint Lucia.
                                               consultant company. This is not the first time that
                                               Strategic Alignment Limited has conducted training           Mr. DON PATRICK HEDWEIGE ROSEMOND, a
                                               seminars for the staff of 1st National Bank. Simply put,     former top civil servant, currently on retirement,
                                               SAL helps companies, organisations and agencies like         will be recognized and honoured by the National
                                               1st National, improve their management performance.          Workers Union (NWU). This will take place at a
                                                                                                            Hotel and Tourism Workers Forum to be held by
The training is hands-on and allows the bank’s employees a real-time opportunity to document and
                                                                                                            the National Workers Union where twenty-eight
measure how they are adding and creating value based on more efficient performance. As an indigenous
                                                                                                            (28) participants will be in attendance.
organisation, the benefits to 1st National Bank’s stakeholders are tremendous.
Robert Winter Managing Director of SAL says they return regularly to 1st National Bank to reinforce
and update the principles of more effective operations to the employees who in turn will pass them on       Mr. Rosemond, while in the Civil Service, served
to line staff to streamline functions.                                                                      in the capacity of Labour Commissioner from
                                                                                                            1970 to 1987. It could be said that during his
                                                                                                            employment at the Ministry of Labour, he stood
                                                                                                            as the custodian of industrial relations, with his

No protection for businesses over influx of Chinese                                                         guidance being effectively utilized at the domestic,
                                                                                                            conciliatory, mediation and tribunal stages.
The Gleaner newspaper in Jamaica is reporting that External Affairs Minister Alva Baptiste has said
that his government would help local entrepreneurs become more competitive rather than give them            The hallmark of his contribution was his six (6)
protection against Chinese investors.                                                                       months stint with Professor John Cronin, a labour
                                                                                                            lawyer attached to the International Labour
The minister also dismissed a recommendation from the small businesses that Castries should factor          Organisation (ILO), then on assignment to Saint
in competition from Chinese businesses as it reaches a decision on whether to re-establish ties with        Lucia. Mr. Rosemond was also at the centre of
Beijing.
                                                                                                            Saint Lucia’s industrial unrest with strikes and
                                                                                                            demonstrations by farm labourers out of Mabouya,
Mr. Baptiste contends that St Lucia and the OECS should always forge relations with other countries
                                                                                                            Cul de Sac and Roseau Valleys.
on the basis of fuelling a development agenda.

The head of the St Lucia manufacturers’ group, Paula Calderon claims that in recent years there has
been a sharp increase in the number of Chinese nationals setting up shop in St Lucia and the OECS.

Calderon added: “We know, for instance, that in Dominica passports can be purchased by the Chinese
to allow them to come in and invest but once that has been done, they automatically have access to
the other OECS markets.”
                                                                                 Source – Jamaica Gleaner




Lucian Aid and LIME cleanup Praslin beach                                                                   If you have missed the nightly CTV News
                                                      The Praslin Beach has been brought back to            which airs at 8:00, then visit the Calabash TV
                                                      a pristine condition thanks to the Lucian Aid
                                                                                                            YouTube page www.youtube.com/calabashtv
                                                      Foundation who worked together with LIME and
                                                      residents from the Praslin community to clean         for reports and special features. The Calabash
                                                      up the beach on Sunday, 5 February.
                                                                                                            TV website is under construction but this copy
                                                       The Lucian Aid Foundation is a non-profit            of the Caribbean Business Report can be
                                                       organization based in Praslin. It’s comprised of
                                                                                                            accessed at www.calabashtvstlucia.com
                                                       volunteers from around the island who undertake
a variety of community projects aimed at poverty alleviation, crime reduction through youth interaction
and adult education, and fostering development through community service.

On Sunday, dozens of LIME staff led by General Manager, Lawrence McNaughton turned out to support
the beach cleanup. They included members of the LIME Sports Club, colleagues from Telesales, the
LIME Blue Coral retail store, LIME Vieux Fort and the company’s management team, all of whom were
more than happy to lend a helping hand.

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Caribbean Business Report for 13th Feb 2012

  • 1. Issue 164 Call us at Caribbean Business Report (453-2418, 485-3363) February 13, 2012 Benefits START paving their Minimum Opening Balance $100 Minimum Term 3 years Maximum path to lifelong Term 15 years Interest Rate Guaranteed; 1.00% www.bankofsaintlucia.com above the regular savings rate Low risk as returns are fully success with Contributor: Anyone 18 years or over guaranteed by Bank of Saint Lucia A SUBSIDIARY OF Task Force to look into “Ease of Doing Business” ➤ Task Force to look into “Ease of Doing Business” in St. Lucia in St. Lucia ➤ Grenada Gets Top Rank for Investment Promotion Government and the Chamber of Commerce have appointed a Task Force to study the “Ease of Doing Business” in St. Lucia. The Task ➤ First Citizens holds Global Market Force is headed by retired Justice of Appeal, Hon. Justice Michael Outlook seminar Thursday Gordon and comprises Mr. Gerard Bergasse, the President of the Chamber of Commerce and Mr. Richard Peterkin, Tax and Corporate ➤ Safety at work to become priority of participants Services Partner at Price Waterhouse and Coopers. ➤ Details of Quality Awards to be The three member task force will first review the World Bank Report provided on Tuesday on the “Ease of Doing Business in Saint Lucia” and consequently identify laws, policies and procedures which currently encumber the ➤ Civil Service Credit Union holds business process. St. Lucia slipped from 27 to 52 over the past five years, but remains number one in the visioning exercise Friday Caribbean in the World Bank’s ranking. ➤ Floral Society holds first-ever The Task force is expected to present a preliminary report by March 15, 2012, for review and consideration Valentine’s Day Market by both parties. ➤ Caribbean Airlines has begun its St. Lucia service Grenada Gets Top Rank for Investment Promotion ➤ Former Labour Commissioner to be honored on Thursday Grenada’s Industrial Development Corporation has been ➤ Fuel increases in effect from today. ranked first among 77 investment promotion institutions in No increase on LPG. Africa, Caribbean and the Pacific. This is according to the Global Investment Promotion Benchmarking 2012 report, a ➤ OGM Communications wins joint effort by the World Bank Group. Independence logo competition The country’s GDIC was ranked ahead of Trinidad and ➤ Fraud detection seminar to be held Tobago and Jamaica, which finished second and third, here end of February respectively; the country’s overall rank was 26th worldwide. The report said that, despite having a team of only five people, the GIDC focused on “speed and teamwork.” ➤ 1st National management training to improve performance It pointed to Grenada’s high-speed approach, which focuses on quick responses to inquiries. In 2009, for example, a St Lucian manufacturer was looking to get a facility up and running by the end of the year. ➤ No protection for businesses over influx of Chinese “In eight months, GDIC took the company from initial inquiry to operations, getting factory space built, licenses issues and workers hired,” the report said. ➤ Lucian Aid and LIME cleanup Praslin The investment brought $5 million in capital investment to the economy, or about 0.5 percent of Grenada’s beach GDP that year. » Headlines Source – Caribbean Journal CTV News nightly at 8:00 with Kirby Allain LIME ch 44 ; Karib Cable ch 54
  • 2. Safety at work to become priority of participants Participants of a just concluded First Citizens holds weeklong course on Occupational Health and Safety say they are Global Market Outlook committed to ensuring that closer attention is paid to the issue of safety at seminar Thursday the workplace. The five day workshop First Citizens Investment Services will host its organised by the St. Lucia Employers Federation with funding from the sixth annual Global Market Outlook 2012 Ministry of Labour in Canada focused seminar on Thursday 16th February, 2012 from strongly on the need for greater 9am to 11am at the Bay Gardens Beach Resort, inspection of workplaces. Rodney Bay. Participants and course facilitators This seminar will provide an economic overview Participants of Occupational Safety and Health course agreed that many accidents can be for the local, regional and international prevented if causes of accidents and economies, as well as, explore expectations potential hazards can be spotted early and corrected. The lack of inspectors in St. Lucia and some and projections for 2012 with valuable insights OECS states was a major cause for concern and there was sentiment expressed that this be addressed with some urgency. into key performance indicators. Key issues to be addressed include the Global Also identified was the need to pay closer attention to proposed legislation and the International Labour and Regional Economic Overview, International Organisation [ILO] Conventions relating to Occupational Health and Safety. The ILO Conventions have Market, Fixed income Market, Regional stock not been ratified in some jurisdictions in the Caribbean but in the case of St. Lucia most of the provisions Markets, ECSE stock market, Brief review of are included in the St. Lucia Labour Code, still a source of contention in some quarters. 2011, and Projections for 2012. Thirty-three participants representing Employers Federations in the OECS, the relevant Government Registration is FREE. To obtain more information Ministries and private sector organisations are now expected to train other trainers and embark on public awareness activities on Occupational Health and Safety. The two facilitators were Occupational and register for this seminar contact First Health and Safety Experts out of Canada both with over 30 years experience. Citizens Investment Services at 450 2662 or email seminars@firstcitizensslu.com Civil Service Credit Union holds visioning exercise Friday The St. Lucia Civil Service Cooperative Credit Union will hold a visioning symposium on Friday to chart its future direction. The objective is to better position the financial institution to respond to the needs of its members and to become a major player in the financial services sector. Credit Union members are being invited to submit comments, Ralph Wharton - GM Caribbean observations and suggestions prior to the symposium for Federation of Credit Unions consideration by a panel of specially invited experts and representatives of business organisations. Submissions can be emailed at symposium@cscreditunion. org Prime Minister Dr. Kenny Anthony is expected to address the symposium. Among the presenters are Mr. Francis Fontenelle who will speak on the “Current Macroeconomic Environment with focus on the financial sector and possible opportunities for Credit Unions” and Mr. Melvin Edwards will speak on “The Harmonised Cooperative Societies Act and New Ways of Doing Business”. Mr. Ralph Wharton the General Manager of the Caribbean Confederation of Credit Unions will make a presentation on “Growth and Sustainability for Credit Unions in the Current Economic Environment”. There will be an open discussion forum at the end of the presentations and submissions.
  • 3. Details of Quality Awards to be provided on Tuesday The St. Lucia Manufacturers Association (SMA) will be holding a Caribbean Airlines has Press Conference on Tuesday, February 14th, 2012 at 9.00 am at the Office of the St. Lucia Bureau of Standards, Bisee, Castries, begun its St. Lucia to officially announce details of its Quality Awards Ceremony, the service Sponsors for this event, and the Selection Committee established for determining Awardees. The SMA Quality Awards Programme is the first of its kind to be held in St. Lucia, as it is based on a rigorous third party assessment of companies against internationally recognized standards developed in conjunction with the Saint Lucia Bureau of Standards. The Programme has been designed to drive excellence and quality improvement in the Manufacturing Sector. Caribbean Airlines at George F. L. Charles Airport The Selection Committee comprises of reputable persons both locally and regionally, in the field Caribbean Airlines has officially commenced of business and quality standards. The criteria for judging is linked to categories of Leadership, service to St. Lucia providing travelers with a Implementation of Standards and Best practices, Product and Customer Service Quality, Marketing choice of carriers on the Trinidad Route. This Strategies, Human Resource Development and Social Responsibility. is a non-stop daily service from Port-of-Spain Trinidad to the George F. L. Charles airport. A The Quality Awards Programme will culminate in the Awards Ceremony to be held on Saturday, March short welcoming ceremony was held just after 3rd at 7.00 pm at Sandals Halcyon Hotel. touchdown. Calabash TV will on Thursday air excerpts of the launch of the SMA Quality Awards and the Press Conference on Thursday after the CTV News which airs at 8:00pm on Channel 44 on LIME Digital and Caribbean Airlines says there are plans to offer a Channel 54 on Karib Cable. service out of Hewanorra International Airport to destinations further north and North America. The George FL Charles service provides connections to Caracas, Suriname, Guyana and Tobago. A service to London is expected in the second quarter of the year. Floral Society holds first-ever Valentine’s Day Market The welcoming ceremony also included the The St. Lucia Floral Cooperative Society has begun a series presentation of a special gift to the Director of of initiatives aimed at promoting greater use of local flowers Tourism Louis Lewis. Mr. Lewis says the non-stop especially during high profile events. On Saturday members flight from Port-of-Spain will help boost arrivals of the Society held a Valentine’s Day Market outside its offices from Trinidad, St. Lucia’s 3rd largest market in the along the Vibe Bouteille Highway. The office is located in the region. He notes that this new service will help “Skeete” building next to Renwick and Company. strengthen and deepen regional integration. The society is hoping to position its members for greater Ms. Margaret Anne Xavier, the Head of Product advantage of special events such as Valentine’s Day, Mother’s Development in the Ministry of Tourism says this Day, weddings, corporate events and the cruise-ship season. new service will not only strengthen business links between the two islands but also assist St. Lucian A valentine’s gift store [Mind, Body and Soul] managed by students at universities in Trinidad. Cheryl Skeete and members of the Creative Development Ms. Xavier who deputized for the Minister of Network also participated in the Valentine’s Day Market. Tourism says the partnership with Caribbean Airlines was a strategic one that will benefit in Florists and cut-flower growers are looking for a spike in sales many ways. Happy customers at the Valentine’s Caribbean Airlines leaves Trinidad at 1:45pm and Day Market for Valentine’s Day. arrives at 2:50pm and departs for Trinidad at 3:25 daily. Calabash TV will soon commence a series of television reports and discussion programmes taking a closer look at the cut-flower industry. On Tuesday night in our Inside Edition series following CTV News at 8:00, Calabash TV Bernard Fanis will speak with the President of the Floral Society and the Peace Corps Volunteer who initiated the Valentine’s Day Market.
  • 4. SERVICES * Sale and Services of: * Sale of: SERVICES J.E.B Bldg, Vide Bouteille, P.O. Box 102, Castries, Saint Lucia Tel: (758) 456-6500, Fax: (758) 456-6508 Email: info@jebergasse.com * Website: www.jebergasse.com * Technical Service and Maintenance OGM Communications wins Independence logo competition Fuel increases in effect OGM Communications Ltd. (St. Lucia) are celebrating yet another logo design award, from today. No increase this time it’s for the 33rd Anniversary of on LPG. Independence logo, an award they previously won to celebrate 30 years of independence back in 2009. This year, OGM’s design theme of was titled ‘Evolution’ which OGM knows much about in their four years of operation in Saint Lucia. “We’re over the moon to win an award which celebrates such a milestone in Saint Lucia’s history,” said OGM’s General Manager Anicia Fowell. “This is our second logo design award this year as we were also responsible for the The Government has put out a release noting winning design for the 2011 Saint Lucia Business that as a result of the increases in international Trust logo.” oil prices in recent times, the prices of fuel in Saint Lucia will be adjusted effective, Monday, OGM’s interpretation of the ‘Evolution’ theme February 13, 2012 as follows: is that the logo suggests motivation to move • Gasoline: from $3.22 to $3.30 per litre; forward and upward. Encouraging movement • Diesel: from $3.31 to $3.37 per liter. and personal advancement through small beginnings is seen in a fully formed abstract • The price of kerosene will remain hand. The outstretched hand reaching for the unchanged at $6.00 a gallon. star illustrates a drive for greatness whilst the theme of ‘One People, One Nation, Limitless The increases will only affect fuel. The Possibilities’ unites the abstract with the Government of Saint Lucia has decided to achieveable. maintain the existing prices on the 100 and 20 pound cylinders of LPG. However, rather than pass on the full impact of the price increases to consumers, Government has decided to absorb half of Fraud detection seminar to be held here end of the increase in fuel prices and to pass the other half on to consumers. The implication February of this decision is a further reduction in the level of excise tax on gasoline and diesel and The Caribbean Business Report understands that Certified Information Security has confirmed an increase in the subsidy on the 20-pound the facilitation of a Fraud Detection and Investigation Seminar at the Bay Gardens Beach Resort from cylinder LPG. It should be noted that the February 27 to March 02, 2012. subsidy on the 20-pound LPG is now $17.06 a cylinder which is higher than the cap of This seminar has not been held in Saint Lucia since 2005 and may not be held for the next two years. $15.00 which was established in the 2011/12 This provides an opportunity to be part of a seminar that is vital to helping companies guard against budget. business fraud perpetrated by employees. A full statement on the future of the “pass Fraud has serious financial implications for businesses and its early detection can save time and through” mechanism will be made in the money. Budget Statement of 2012/2013. Interested persons are asked to take advantage of this opportunity here as other courses involve traveling to Trinidad, Jamaica or New York. Registration closes on February 23rd, 2012.
  • 5. 1st National management training to improve Former Labour Commissioner performance to be honored on Thursday 1st National Bank is getting their management team reacquainted with ways of improving their modes The National Workers Union (NWU) at its Industrial of operation at a seminar hosted by a strategic Forum on Thursday, February 16, 2012 at the management consultant. Conference Room of the Royal Saint Lucian Hotel will be paying tribute to a major contributor to Last week managers were hard at work learning new skills in working more effectively from a management industrial relations practice in Saint Lucia. consultant company. This is not the first time that Strategic Alignment Limited has conducted training Mr. DON PATRICK HEDWEIGE ROSEMOND, a seminars for the staff of 1st National Bank. Simply put, former top civil servant, currently on retirement, SAL helps companies, organisations and agencies like will be recognized and honoured by the National 1st National, improve their management performance. Workers Union (NWU). This will take place at a Hotel and Tourism Workers Forum to be held by The training is hands-on and allows the bank’s employees a real-time opportunity to document and the National Workers Union where twenty-eight measure how they are adding and creating value based on more efficient performance. As an indigenous (28) participants will be in attendance. organisation, the benefits to 1st National Bank’s stakeholders are tremendous. Robert Winter Managing Director of SAL says they return regularly to 1st National Bank to reinforce and update the principles of more effective operations to the employees who in turn will pass them on Mr. Rosemond, while in the Civil Service, served to line staff to streamline functions. in the capacity of Labour Commissioner from 1970 to 1987. It could be said that during his employment at the Ministry of Labour, he stood as the custodian of industrial relations, with his No protection for businesses over influx of Chinese guidance being effectively utilized at the domestic, conciliatory, mediation and tribunal stages. The Gleaner newspaper in Jamaica is reporting that External Affairs Minister Alva Baptiste has said that his government would help local entrepreneurs become more competitive rather than give them The hallmark of his contribution was his six (6) protection against Chinese investors. months stint with Professor John Cronin, a labour lawyer attached to the International Labour The minister also dismissed a recommendation from the small businesses that Castries should factor Organisation (ILO), then on assignment to Saint in competition from Chinese businesses as it reaches a decision on whether to re-establish ties with Lucia. Mr. Rosemond was also at the centre of Beijing. Saint Lucia’s industrial unrest with strikes and demonstrations by farm labourers out of Mabouya, Mr. Baptiste contends that St Lucia and the OECS should always forge relations with other countries Cul de Sac and Roseau Valleys. on the basis of fuelling a development agenda. The head of the St Lucia manufacturers’ group, Paula Calderon claims that in recent years there has been a sharp increase in the number of Chinese nationals setting up shop in St Lucia and the OECS. Calderon added: “We know, for instance, that in Dominica passports can be purchased by the Chinese to allow them to come in and invest but once that has been done, they automatically have access to the other OECS markets.” Source – Jamaica Gleaner Lucian Aid and LIME cleanup Praslin beach If you have missed the nightly CTV News The Praslin Beach has been brought back to which airs at 8:00, then visit the Calabash TV a pristine condition thanks to the Lucian Aid YouTube page www.youtube.com/calabashtv Foundation who worked together with LIME and residents from the Praslin community to clean for reports and special features. The Calabash up the beach on Sunday, 5 February. TV website is under construction but this copy The Lucian Aid Foundation is a non-profit of the Caribbean Business Report can be organization based in Praslin. It’s comprised of accessed at www.calabashtvstlucia.com volunteers from around the island who undertake a variety of community projects aimed at poverty alleviation, crime reduction through youth interaction and adult education, and fostering development through community service. On Sunday, dozens of LIME staff led by General Manager, Lawrence McNaughton turned out to support the beach cleanup. They included members of the LIME Sports Club, colleagues from Telesales, the LIME Blue Coral retail store, LIME Vieux Fort and the company’s management team, all of whom were more than happy to lend a helping hand.