Nevis News Archives - Page 1384 of 1451 - Nevis Island News and Notes

New St. Kitts – Nevis Finance Administration Bill

Basseterre, St.Kitts – Nevis, June 27th, 2007 (CUOPM)

The St. Kitts and Nevis National Assembly is expected to approve on Thursday, “The Finance Administration Bill, 2007,” which seeks to clarify and reform the system for the management and control of public money.

The Bill, which stands in the name of Prime Minister and Minister of Finance, Hon. Dr. Denzil L. Douglas, will also provide for the control of the Consolidated Fund, for the authorization of expenditures, for the establishment of Special Funds and Deposit Funds and for the raising of money by the Government.

The Finance Administration Bill, 2007,” also provides for the management and control of the public debt and the giving of guarantees, for the investment of public money, for the preparation of the Public Accounts and for the governance of statutory bodies, thus clarifying the budgeting and reporting obligations of statutory bodies.

Part II, which deals with the Control and Management of Public Finance, lays out the responsibilities and powers of the Minister of Finance, the Financial Secretary, the Accountant General, accounting officers and delegates of accounting officers and public officers.

Basseterre, St. Kitts (June 27, 2007)

Faron Lawrence, the Chairman for the St. Kitts Music Festival Committee said the 11th edition of the summer extravaganza achieved various benchmarks, fulfilling some expectations while surpassing others.

On Tuesday’s edition of SKNIS’ radio programme, Perspectives, Mr. Lawrence noted that this year’s event topped those of previous years.

“It was absolutely fantastic. Every year you have a festival (and at the end) you think this can’t be beaten. It was beaten,” he stressed. “The lineup was fantastic, the shows were outstanding and the feedback I am getting from visitors and locals (who attended the festival) is just great and I am really proud to be associated with this year’s festival as with all the others.”

Although this is Lawrence’s first year as head of the committee, he has served in various capacities since 1997. Prior to assuming the chair, he co-chaired the Festival’s Finance Subcommittee along with Yvonne Merchant Charles.

Mr. Lawrence said his duties are challenging but welcomed the tremendous responsibility.

Charlestown, Nevis (June 22, 2007)

Premier of Nevis the Hon Joseph Parry, expressed gratitude to the government of the Republic of China (Taiwan) on behalf of the people of Nevis for its continued financial support and investment in the development of Nevis.

Mr. Parry’s disclosure was made on Thursday June 21, 2007, at the ROC Taiwan Agriculture Technical Mission at Cades Bay, when Resident Ambassador to St. Kitts and Nevis His Excellency Ambassador John Liu presented him with two sugar cane juice extractors to be used in the Department of Agriculture’s thrust in agro processing on the island. The juice extractors were presented in response to a request from the Nevis Island Administration (NIA).

The Premier said, as the tourism industry on Nevis continued to grow, agro processing would help to improve the tourism product through new and exciting attractions that would appeal to younger tourists who visited the destination through fresh and healthy alternatives.

The government of the ROC (Taiwan) had previously given its commitment to assist with the construction of an agro processing plant for processors on the island in an effort to utilise all the fresh produce that had been left to rot away in the past.

Basseterre, St. Kitts June 21st 2007 (CUOPM)

Kiawah Development Partners of South Carolina has announced it is part of a group planning to build a US$500 million to US$600 million luxury getaway resort on the island o St. Kitts.

The announcement comes three weeks after the Cabinet of St. Kitts and Nevis’ Prime Minister Hon. Dr. Denzil L. Douglas “reaffirmed its strong support for a multi-million dollar tourism development on the south east peninsular of St. Kitts.”

A news report in South Carolina’s Post and Courier said: “Kiawah Development Partners is going offshore again for its next major real estate project.

This time, the company is part of a group planning to build a $500 million to $600 million luxury getaway on the Caribbean island of St. Kitts.

The property “” dubbed the St. Kitts Peninsula Resort “” would include a marina, a golf course, three hotels and an undetermined number of high-end condominiums, said Kiawah Development spokeswoman Karen Bacot.

“It’s been sort of bubbling for a while,” Bacot said. “Nothing’s signed or final yet.”

Basseterre, St. Kitts (June 21, 2007) The Craft House is reviewing ways to boost efficiency and expand production. The acquisition of new custom framing equipment in March started the process. Attention now has shifted to making workers more efficient. A …

New St. Kitts – Nevis Finance Administration Bill

Saint Kitts – Nevis Music Festival Meets Expectations

Nevis Premier Thanks Taiwan

US $500 Million Resort For St. Kitts

Craft House Employs Strategies To Boost Output