BASSETERRE, St. Kitts - ON February 6, the Chamber of Industry and Commerce (CIC) has called on the Organization of the Eastern Caribbean States (OECS) governments to protect local businesses from the influx of Chinese businesses within the Economic Union.
"The St Kitts and Nevis Chamber of lndustry and Commerce notes the growing concern of Manufacturers and Traders within the OECS, regarding the influx of Chinese businesses within the Economic Union, and joins them in their call for OECS Governments to protect their own against this great threat to local individuals and businesses," The CIC stated in a recent press release.
The CIC further stated that even though St Kitts and Nevis does not formally have diplomatic relations with the People’s Republic of China, the concept of one economic space within the OECS makes the threat of trans-border infiltration very real and even more easy for these new arrivals into the sub-region.
SKNVibes presents another update on what is going on in the business arena.
SCASPA - The St. Christopher Air and Sea Ports Authority (SCASPA) has a new Chairman and Board. The new Chairman is Mr. Carol Evelyn, who served as a member on the previous Board. Other members of the Board are Ms. Fidela Clarke, Mr. Dennis Phillip, Mr. Sam Ng’alla, Mrs. Diannille Taylor-Williams, Mrs. Claudia Williams, Mr. Fitzroy Warner, Mr. Geoffrey Hanley and Mr. Austin Williams.
NATIONAL BANK - The St. Kitts Nevis Anguilla National Bank has reported an increase in assets, from EC$2.27 billion as at June 30, 2010 to EC$2.48 billion as at June 30, 2011. Net income before tax increased by EC$12.9M while net income after tax increased by EC$11.
OCEAN TERRACE INN - Ocean Terrace Inn has announced a new Employee of the Quarter, Mauricia Williams capturing the award this time around. Williams is a Payroll Clerk at the Accounts Department of OTI, and this her third time receiving this award.
DIGICEL - On January 27, ‘the bigger, better network’ launched its Supermarket Sweep Promotion, where customers are offered a chance to win free groceries. Prepaid customers who credit their phone $15 or more will receive a text message with a letter from the word ‘GROCERY’. Once all letters have been received, customers qualify to enter the promotion. Postpaid customers who pay their bill on time and in full are also eligible to win. Promotion ends March 22.
There you have it for this week’s Business Update. If you are interested in having your information featured in our weekly articles, be sure it is emailed to editor@sknvibes.com.
