Business, Local news, News

NATIONAL BANK RECORDS ANOTHER EXCELLENT YEAR, AGM TO BE HELD TODAY, THURSDAY

Published 20 December 2018

Buckie Got It, St. Kitts and Nevis News Source

NATIONAL BANK RECORDS ANOTHER EXCELLENT YEAR,

AGM TO BE HELD TODAY, THURSDAY

December 20th, 2018

St. Kitts-Nevis-Anguilla National Bank Limited – the largest bank in the Eastern Caribbean Currency Union (ECCU) – reports another successful year of operations with a net income after tax of $52.1 million.  This represents an increase of $12.6 million or 32% from last year’s reported profit of $39.5 million and an increase of $23.7 million or 83% from the reported profit of $28.4 million in 2016.

The Accounts for the year ended June 30th, 2018 will be discussed during the Forty-Eighth Annual General Meeting (AGM) of St. Kitts-Nevis-Anguilla National Bank Limited, which is scheduled to take place at Park Hyatt St. Kitts today, Thursday, December 20th, 2018 at 5:00pm.

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Local news, News, Travel

DR. HARRIS-LED TEAM UNITY ADMINISTRATION HAS NEVER PAID SUBSIDIES TO AIRLINE CARRIERS

Published 15 December 2018

Buckie Got It, St. Kitts and Nevis News Source

DR. HARRIS-LED TEAM UNITY ADMINISTRATION HAS NEVER PAID SUBSIDIES TO AIRLINE CARRIERS
Basseterre, St. Kitts, December 14, 2018 (SKNIS): Minister of Tourism, the Honourable Lindsay Grant, has dispelled rumours that the Government of National Unity is paying subsidies to airlines. According to Minister Grant, “the government does not now or has ever paid any subsidies to carriers in the Federation.”

The minister explained, during a sitting of Parliament on December 14, that what the government enters into is risk sharing agreements by which it shares the risks with the airlines for the cost of operating the plane that flies into St. Kitts. These costs are carried by the St. Kitts Tourism Authority under a Minimum Revenue Guarantee (MRG). This practice was started by the previous administration. Minister Grant said that before 2015 millions were paid out to American Airlines.

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Education, Local news, News

NEW STATE-OF-THE-ART BHS LAUDED AS ONE OF THE MAJOR ACCOMPLISHMENTS OF THE GOVERNMENT OF NATIONAL UNITY

Published 13 December 2018

Buckie Got It, St. Kitts and Nevis News Source

NEW STATE-OF-THE-ART BHS LAUDED AS ONE OF THE MAJOR ACCOMPLISHMENTS OF THE GOVERNMENT OF NATIONAL UNITY
Basseterre, St. Kitts, December 12, 2018 (SKNIS): The imminent construction of the new state-of-the-art Basseterre High School (BHS) is one of the Government of National Unity’s major accomplishments, said Prime Minister Dr. the Honourable Timothy Harris during his 2019 Budget Address on December 12.

A major achievement by the Government of National Unity was to solve the ongoing problems associated with the BHS at its former compound in East Basseterre, which “became a health hazard causing physical and emotional harm to students and teachers at the school,” said the prime minister.

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Education, Local news, News

FORMER BASSETERRE HIGH SCHOOL (BHS) ALSO SITS ON BASSETERRE VALLEY AQUIFER

Published 13 December 2018

Buckie Got It, St. Kitts and Nevis News Source

FORMER BASSETERRE HIGH SCHOOL (BHS) ALSO SITS ON BASSETERRE VALLEY AQUIFER
Basseterre, St. Kitts, December 12, 2018 (SKNIS): The former Basseterre High School (BHS), located at Victoria Road, Basseterre, sits on the Basseterre Valley Aquifer. The soon to be built state-of-the-art BHS at Pond’s Extension in East Basseterre will also be built on the Basseterre Valley Aquifer. So, what is the controversy?

Some claim that the Basseterre Valley Aquifer will be contaminated by the building of the new BHS on it, while respected experts in the field, including a group of top experienced water engineers, who did the feasibility studies, say that the water contamination risk is literally non-existent.

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Local news, News, Travel

PM HARRIS PRESENTS 2019 BUDGET ADDRESS SET AGAINST THE BACKDROP OF A WEEK FILLED WITH REMARKABLE ACHIEVEMENTS FOR ST. KITTS AND NEVIS

Published 12 December 2018

Buckie Got It, St. Kitts and Nevis News Source

https://gallery.mailchimp.com/071331ef9c500f62b34934521/files/649fd953-670b-4b95-bbae-6e3941940927/PM_Harris_presents_2019_Budget_Address_during_a_week_of_remarkable_achievements.01.docx

PM HARRIS PRESENTS 2019 BUDGET ADDRESS SET AGAINST THE BACKDROP OF A WEEK FILLED WITH REMARKABLE ACHIEVEMENTS
FOR ST. KITTS AND NEVIS

 

December 12th, 2018

 

Prime Minister Dr. the Honourable Timothy Harris presented his 2019 Budget Address today, Wednesday, December 12th, 2018, set against the backdrop of a week filled with remarkable achievements that highlight just how much his Team Unity administration has enhanced the quality of life of the ordinary people of St. Kitts and Nevis.

Yesterday, Tuesday, December 11th, the world’s largest cruise ship, Symphony of the Seas, made its inaugural visit to St. Kitts and Nevis, the smallest country in the Western Hemisphere.

The Norwegian Jade also made its first visit to the Federation yesterday, signaling that the local cruise tourism industry is booming as indicated in the 2018 BREA Report, which shows, for instance, that the country registered a 77 percent increase in total cruise passenger spend in 2017/2018 (US$133.02 million) over 2014/2015 (US$75.30 million).

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