Summary
trading report for the week ending Friday, 18th July 2008 Eastern Caribbean Securities Market This week on the Eastern Caribbean Securities Market,
2,000 Bank of Nevis shares traded at a high of $6.01 and at
a low of $6.00 and 212 East Caribbean Financial Holding Company,
Between
1997 and 2001, the former SLP administration began a process
to seek solutions to the water authority’s (WASA) problems.
Within that time period, WASA was corporatized and
became WASCO and the water rates were doubled. That didn’t
work and three separate studies were done on the water sector
in 2001,
SLISBA
announces plans for SMALL BUSINESS MONTH – 2008
Hereunder is the programme of activities:
1. Saturday, July 26, 2008
Dance Ticket Sales in the Wm. Peter Boulevard & Castries
Market
Time: 8.00 am – 12.00 noon 2. Wednesday, July 30, 2008
Saint
Lucia is not an isolated backward country. Very soon there
will be calls for Saint Lucia to leave its comfort zone of
being less developed into developing country status, finding
itself in the same position as Barbados where there were calls
to step up a notch to a developed country. The island State
of Saint Lucia now presents itself as a destination that offers
lifestyle,
Equity
trading was limited last week on the ECSE as fewer than 1000
shares traded. Shares of SKNB traded up 17 cents while ECFH
traded down 50 cents to close at 14.50. In
the bond market, the Government of St Lucia successfully auctioned
$30 million dollars of 6.8%, 5 year Treasury Notes on July
9th; and on July 11th, the Government of Antigua issued EC$17
million,
The
Government of Grenada’s EC$35 Million 365-day Treasury
bill auctioned on the Regional Government Securities Market
(RGSM) using the primary market platform of the Eastern Caribbean
Securities Exchange (ECSE) was fully subscribed.
Licensed intermediaries placed a total of 13 bids, ranging
from $5,000 to $12.875 million.
ON
FRIDAY, July 11, 2008 LIAT 1974 Ltd. temporarily suspended
its commercial arrangements with Carib Aviation. As
a consequence, services operated on behalf of LIAT or operated
by Carib as ‘code-share’ services with LIAT to
Anguilla, Antigua, Dominica, St. Lucia, St. Kitts, Nevis Montserrat
and St. Vincent may be affected.
CARICOM
countries are preparing for the CARICOM Single Market Economy
(CSME) and how best to do that but to put their finances in
order. Therefore, CARICOM finance and trade ministers
plan and agree on a US$60m start-up for a Caribbean Development
Fund which will be capitalized through contributions from
member states,
In
response to the increasing fuel prices that has caused an
upsurge in the cost of electricity on the island, St.
Lucia’s Prime Minister Stephenson King’s announced
to Parliament on Tuesday last week, that St. Lucia was giving
serious consideration to signing the PetroCaribe agreement
with Caracas. Representing Prime Minister King Minister for
Trade,
Summary
trading report for the week ending Friday, 18th July 2008
Between
1997 and 2001, the former SLP administration began a process
to seek solutions to the water authority’s (WASA) problems.
Within that time period, WASA was corporatized and
became WASCO and the water rates were doubled. That didn’t
work and three separate studies were done on the water sector
in 2001, 
Saint
Lucia is not an isolated backward country. Very soon there
will be calls for Saint Lucia to leave its comfort zone of
being less developed into developing country status, finding
itself in the same position as Barbados where there were calls
to step up a notch to a developed country. The island State
of Saint Lucia now presents itself as a destination that offers
lifestyle, 
Equity
trading was limited last week on the ECSE as fewer than 1000
shares traded. Shares of SKNB traded up 17 cents while ECFH
traded down 50 cents to close at 14.50. In
the bond market, the Government of St Lucia successfully auctioned
$30 million dollars of 6.8%, 5 year Treasury Notes on July
9th; and on July 11th, the Government of Antigua issued EC$17
million, 
ON
FRIDAY, July 11, 2008 LIAT 1974 Ltd. temporarily suspended
its commercial arrangements with Carib Aviation. As
a consequence, services operated on behalf of LIAT or operated
by Carib as ‘code-share’ services with LIAT to
Anguilla, Antigua, Dominica, St. Lucia, St. Kitts, Nevis Montserrat
and St. Vincent may be affected. 
