Nevis News

Nevis news – local Nevis news, and regional Caribbean news.

TDC Takes In EC $12 Million In Profit For 2006

Basseterre, St. Kitts – Nevis
August 14th 2007 (CUOPM)
For Immediate Public Release

The St. Kitts-Nevis-Anguilla Trading and Development Company (TDC) Group of Companies is reporting a pre-tax profit of EC$11.7 million in 2006, compared to EC$11.5 million the previous year.

The pre-tax profit of EC$11,700,510 is the biggest ever in the company’s 34th year of operations.

TDC said that after paying Corporation Tax of EC$3, 980,204 and other interests, its profit is EC$7,720,306 compared to EC$8,213,981 in 2005.

The company is attributing the success of TDC due to growth experienced in the local economy last year largely as a result of an increase in stay over visitors, construction and other activities on St. Kitts related to preparations for Cricket World Cup and the construction of several villa and condominium projects, expansion work at the Medical University of the America on Nevis.

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Nevis PM Calls For Healthier Lifestyles

Basseterre, St. Kitts – Nevis
August 14, 2007
For Immediate Public Release

Prime Minister of St. Kitts and Nevis Hon. Dr. Denzil Douglas has called for nationals to exercise more and lead positive healthy lifestyles.

The Prime Minster made the call during a brief ceremony on Monday where Resident Ambassador of the Republic of China (Taiwan) presented a cheque for the construction of the Bird Rock athletic facility. Prime Minister Douglas said the inclusion of an exercise track was strategically planned.

“We need to have our people exercise more on a regular basis,” said the Prime Minister. “Apart from eating well, they must exercise, and so for the first time in this country we are going to provide a proper exercise track,” he explained, noting that persons who walk in popular areas such as Frigate Bay face challenges with vehicular traffic.

The new facility will eliminate that and other associated dangers.

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Tropical Storm Dean Forms In The Caribbean

000 WTNT34 KNHC 141433 TCPAT4 BULLETIN TROPICAL STORM DEAN ADVISORY NUMBER   5 NWS TPC/NATIONAL HURRICANE CENTER MIAMI FL   AL042007 1100 AM AST TUE AUG 14 2007 …DEAN FORMS IN THE DEEP TROPICS…MIDWAY BETWEEN AFRICA AND THE LESSER ANTILLES… INTERESTS IN …

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Taiwan Invests In Sports Facility in St. Kitts – Nevis

Basseterre, St. Kitts – Nevis
August 13, 2007
For Immediate Public Release

The Republic of China (Taiwan) renewed it’s commitment to support the development of human resources and the sporting infrastructure in St. Kitts and Nevis on Monday.

Resident Ambassador of the Republic of China (Taiwan) His Excellency John Liu presented Prime Minister and Minister of Sport Hon. Dr. Denzil Douglas with a cheque for US $1.4 million to be used for the ongoing construction of the athletic facility at Bird Rock.

Ambassador Liu explained that the vision of the government is extremely progressive and Taiwan was proud to have St. Kitts and Nevis as a partner.

“I wish to commend your government on the initiative taken to improve your sporting facilities and the hosting of so many international games in your country,” he said. “My government will continue to assist in the economic development of your country and improve the well-being of your people.

“Today is a continuation of our pledge,” he stressed.

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