BUSINESS

Page: 3

July 25, 2017

THE EIGHTY-EIGHTH MEETING OF THE MONETARY COUNCIL OF THE EASTERN CARIBBEAN CENTRAL BANK 88th_MeetingECCB  

STABLE CUSTOMER SATISFACTION RATINGS FOR CO-OP BANK On aggregate Co-op Bank’s customers have affirmed their high level of satisfaction with the Bank. This is so despite a rapidly growing customer base which placed increased pressures on its resources in recent times. This is confirmed by 2017 audit of the Bank’s Customer Service Charter. Launched in […]

The Grenada Technical and Allied Workers’ Union and the workers at the National Lotteries Authority have commenced low-level industrial action as of Monday of this week. The action of reporting to work in red union T-shirts was taken to register their frustration over the NLAs continued lack of seriousness about meeting to address industrial relations […]

Prime Minister Dr. Rt. Hon Keith Mitchell wants to see a more serious and responsible LIAT serving the needs of the region. During the weekly post cabinet briefing on Tuesday, Dr. Mitchell said regional governments must take some responsibility for the mismanagement of the regional airline, having pumped money into LIAT without the conditionality on performance. […]

CSME REMAINS BEST VEHICLE FOR SUSTAINABLE ECONOMIC GROWTH IN THE REGION – CARICOM SG CARICOM Secretariat — Secretary General of the Caribbean Community, Ambassador Irwin LaRocque, is of the view that the CARICOM Single Market and Economy (CSME) is still the most viable way for sustainable development in the Region. He made this disclosure at the […]

ECLAC PRESENTS A DEBT ALLEVIATION STRATEGY BASED ON A DEBT SWAP PROPOSAL AT HIGH-LEVEL MEETING IN SAINT KITTS Economic Commission for Latin America and the Caribbean

WINC LAUNCHES CALL FOR APPLICATIONS FOR SECOND ACCELERATION PROGRAM KINGSTON — Building on the success of its 2016 Acceleration Program, the Women Innovators Network in the Caribbean (WINC) is launching its 2017 program; and Grenada has been selected to be a part of this programme. The eight-month peer learning program which begins in November 2017 is […]

STRUCTURAL ADJUSTMENT AND THE STATE OWNED ENTERPRISE GRAVEL CONCRETE & EMULSION PRODUCTION CORPORATION (GCEPC) Under the three-year Structural Adjustment Programme, 2014-2016, the Government of Grenada committed to undertaking reforms to “secure fiscal discipline” and “improve financial performance” of Statutory Bodies and State Owned Enterprises, noting that these entities represented an important source of contingent liabilities […]

THE REAL STATE OF REAL ESTATE IN GRENADA My last Commentary – “The Real State of Real Estate in Grenada”, included the following key observations: [] Fifty million USD dollar annually in Real Estate sales is a very, very small fraction of the approximately one billion USD dollars of listings for sale. The backlog is […]

LOVELY ONE TO THE RESCUE Newsday Port-of-Spain — LOCAL tourists and traders would be delighted to learn that there is a new shipping service available, operating between Trinidad and Grenada. The operators also intend to offer travellers special weekend sailing packages which they term, Lovely Long Weekends. The first such sailing will take place in July […]


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