Nevis, West Indies. ?A Non-Tourist-Trap? Blog About Nevis.

Nevis Premier With Miss Teen Caribbean Contestants

Charlestown, Nevis
December 31, 2007 

“If we truly want the Caribbean to be one, we have to learn to communicate; not by words nor television, but by travelling and meeting one another,’ said Premier of Nevis, Hon. Joseph Parry.

Premier Parry made the statement on Thursday, December 27 at the Digicel Haynes Smith Miss Caribbean Talented Teen Pageant cocktail held at the Old Manor Hotel.

The Haynes Smith Miss Caribbean Talented Teen pageant has been a part of St. Kitts Carnival for over 20 years.

This year, this outstanding show has played host to thirteen young ladies hailing from Anguilla, Antigua, The British Virgin Islands, Cuba, Curacao, Grenada, Guyana, St. Kitts, St. Lucia, St. Vincent and Grenadines, Trinidad and Tobago, Bermuda and the United States Virgin Islands. A short but rather interesting ceremony formed part of the cocktail, with the National Anthem being played on Steel pan by the very talented Leroy Parris Jr, remarks by Mr. Halstead “Sooty” Byron, as well as Committee Chairman, Mr. Antonio Maynard. Read the rest of this entry »

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Amanda Banks, Tax-News.com, London
December 31, 2007

The offshore financial services sector in Nevis, which is due to undergo a regulatory overhaul this year, continued to perform well in 2007, with the industry adding $11 million to the coffers of the Nevis Island Administration in the first eleven months of the year, Premier of Nevis, Joseph Parry, has announced.

The figure represents a 9% increase compared with the corresponding period in 2006, according to the government.

Parry brought the matter to light during his 2008 Budget Address presentation at a sitting of the Nevis Island Assembly Chambers in Charlestown last month. He noted that the industry was an important component in the administration’s thrust for economic and social development and the sector contributed over 11% of the government’s revenue.

“We also registered 3,191 new entities for the year up to 28th November representing a 10 percent increase over the corresponding period last year,” Parry announced.

“This sector now contributes over 11 percent of government’s revenue which demonstrates, beyond any doubt, its importance and the need for progressive policies to continue the propulsion forward,” he added.

For the rest of this story please follow the link below

http://www.tax-news.com/asp/story/Nevis_Reaps_11_Million_From_Offshore_Sector_xxxx29465.html

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Washington, DC
December 30, 2007

The economies of Caribbean and Latin American countries grew by more than five per cent this year; but the World Bank warned of a slowdown in growth in 2008 as a result of many factors, of which one is an economic slowdown in the United States.  The international lending agency said that 5.1 per cent growth in 2007 was higher than the previous forecast of 4.8 per cent.  But it warned that growth in the region would be reduced slightly next year, as a result of the stabilisation of commodity prices and the impact of the United States economic slowdown.
 
“While countries that export commodities have benefited from high prices, others, such as Central American countries, have been hit hard, as they are net importers of foods and energy,” the bank said in a statement.
“The good news is that there is good news in Latin America,” said Pamela Cox, World Bank vice-president for Latin America and the Caribbean, during an end-of-year Press briefing in Washington. Read the rest of this entry »

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