Nevis News Archives - Page 1326 of 1452 - Nevis Island News and Notes

Nevis Reaps $11 Million From Offshore Sector

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 …

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.

December 28, 2007
Washington, DC

The United States Congress has passed a Federal budget that pushes back by a year passport requirements for Americans on the borders of Canada, Mexico and the Caribbean.

“The passport requirement is the wrong answer to the wrong question,” said Vermont Democratic Senator Patrick Leahy. “It creates major hassles for law-abiding citizens and communities all across the longest peaceful border in the world,” he added.

“It adds nothing to our security while costing Vermont and our national economy billions in lost commerce,” he continued. If the budget bill, passed by the U.S. Congress, is approved by President George W. Bush, Americans re-entering the country by land will not need a passport until mid-2009, a year later than planned.

A provision of the major end-of-year budget bill pushes back the plan by the Department of Homeland Security that required passports from border crossers from Canada, Mexico and the Caribbean as a way of strengthening national security.

Basseterre, St. Kitts – Nevis
December 28, 2007

Minister of State for Information Honourable Nigel Carty has called on all eligible voters to confirm their registration at the earliest convenience thus expediting the issuance of the modern National Identification Card.

During an interview with SKNIS’ Director Mahlon Goma, Minister Carty revealed that voters can presently reregister at the Electoral Office on Central Street in St. Kitts ““ next to the Development Bank building ““ and at Chapel Street in Nevis until September 30, 2008.

He noted that the reregistration process refers specifically to persons who are already registered to vote. Once that person presents himself/herself at the Electoral Office, and their identity is confirmed via a valid document such as a passport or drivers license, they will be presented with a form to fill out relevant questions such as name, date of birth and current address. Information regarding parents name and whether the individual has a twin sibling will also be collected to minimize conflicts about ones identity. Voters will have their picture taken at this time.

Basseterre, St. Kitts – Nevis (CUOPM) Friday, 28 December 2007 The government of St. Kitts – Nevis has granted a conditional tax concession to hotels on both islands. In order to qualify for the tax concession new hotels on the islands will …

Nevis Reaps $11 Million From Offshore Sector

Caribbean Economic Growth To Slow In 2008

Caribbean Passport Requirements Postponed

St. Kitts – Nevis Minister Outlines Voter Registration Program

St. Kitts – Nevis Hotels To Receive Tax Breaks