St. Kitts and Nevis Plans Establishing An Embassy In Taiwan

Source: Suelika N. Buchanan/SKNVibes.com

(Basseterre; St. Kitts) Minister of Foreign Affairs, International Trade, Industry and Commerce, Timothy Harris is presently in Taiwan. While there he is going over plans with President Chen Shui-bian about St. Kitts and Nevis establishing an embassy there.

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NCCU Donates To Nevis Culturama

CHARLESTOWN NEVIS (July 17, 2006) — The Nevis Co-operative Credit Union (NCCU) joined the wider community in donating a cheque of EC$3000.00 to the Nevis Culturama Committee at the NCCU Customer Care Department in Charlestown on Monday July 17, 2006. The …

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Nevis’ Premier Parry Extends Olive Branch

CHARLESTOWN NEVIS ( July 17, 2006) — Premier of Nevis the Hon Joseph Parry extended the olive branch and called on all to work along with the new Nevis Reformation Party-led Nevis Island Administration (NIA), to ensure that the Nevis society remained strong and enduring and that the island’s youth inculcated the values of Nevis.

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LIAT Sold For US $ 20 Million

From the Antigua Sun, 15 July, 2006
By Patricia Campbell

Cash strapped regional airline LIAT will shortly be receiving a major boost in funding from the government of Antigua & Barbuda. Prime Minister Baldwin Spencer has announced that Antigua & Barbuda will be injecting an additional US$20 million dollars into the airline, the result of a deal brokered with Venezuelan President Hugo Chavez.

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Big Profits For The Caribbean Hotels

Despite high operating costs, the profitability of Caribbean hotels continues to be high, according to a recently released study.

The study, which was conducted by PKF Consulting, and based on financial statements from 35 hotels across the region, including properties in Antigua, Aruba, Bahamas, Jamaica and the British Virgin Islands, revealed that in 2005, Caribbean hotels earned an average of US $111,414 per available room, representing a profit of US $25,541 per room.

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