Investments

ECCB Monetary Council To Meet in St Kitts – Nevis

Basseterre, St. Kitts – Nevis February 06, 2008 (CUOPM) St. Kitts and Nevis Prime Minister and Minister of Finance, Hon. Dr. Denzil L. Douglas is expected to head the twin-island’s delegation to the 61st meeting of the Eastern Caribbean Central …

Read More

Nevis Premier Speaks At Financial Services Seminar

Charlestown, Nevis
February 06, 2008

“It has been the objective of this government to seek to raise the bar and to raise the standards of operations of the financial Industry here on the island of Nevis “, said Premier of Nevis and Minister of Finance, Hon Joseph Parry.

The Premier made the statement at the 2008 Anti-Money Laundering and Countering Financing of Terrorism (AMF/CFT) seminar held at the Mount Nevis Hotel on Tuesday, February 5th, 2008

This annual event was held under the theme “Meeting International Compliance Standards- A Challenge for all.” The seminar is in preparation for the Nevis Financial Services Department’s upcoming Caribbean Financial Action Task Force (CFATF) Mutual Evaluation of the Federation.

Read More

Nevis Premier To Speak About Money Laundering

Charlestown, Nevis
February 04, 2008

Premier of Nevis and Minister of Finance, Hon. Joseph Parry will make opening remarks at the 2008 Anti- Money Laundering/Countering Financing of Terrorism (AMF/CFT) Seminar, to be held on Tuesday, February 5th 2008, at the magnificent Mount Nevis Hotel in Newcastle.

This year the theme will be “Meeting International Compliance Standards- A challenge for all.”

Deputy Director of the Anti-Money Laundering Unit at the Jersey Financial Services Commission, Mr. Nick Troy will be the keynote presenter at the Seminar.

Read More

Nevis Cost Of Living Reduction Top Of Agenda

Charlestown, Nevis
February 01, 2008

New Junior Minister with responsibility for Trade, Industry and Consumer Affairs Minister in the Nevis Island Administration (NIA) Hon. Dwight Cozier, reiterated the NIA’s commitment to a reduction in the cost of living on Nevis and the implementation of a  system of checks and balances to ensure that consumers were the ultimate beneficiaries.
 
Mr. Cozier, who was reassigned from the Premier’s Ministry on January 10, 2008, to head the Ministry of Trade Industry Consumer Affairs Import and Export Control, made the comment during an interview with the Department of Information on January 31, 2008.
 
“Our [NIA] idea of reducing the cost of living ought not to end up profiting persons or profiting persons who are in the market as middle people between the government and the consumer. We will ensure by virtue of the Price Control Unit which will be supervised by the Consumer Affairs Department that we have controls. We will ensure that prices are controlled, so as to ensure that “¦the prices get passed on, in the end, to the consumer.
 
“That is the whole idea of making the country a country that is more beneficial for the people and we [NIA] are very serious about the idea of reducing prices on the island of Nevis,” he said. 

Read More

St. Kitts – Nevis Seeks Economic Help From Taiwan

Taipei, Taiwan
January, 28 2008 (CUOPM)

St. Kitts and Nevis Prime Minister Hon. Dr. Denzil L. Douglas says his Government and People of the twin-island Federation will continue to seek the support of the Government and People of the Republic of China in adapting new economic activities that will improve the standard of living of all the people in the twin-island Federation.

He said St. Kitts and Nevis values the friendship of the Government and People of Taiwan and intend in deepening that friendship which has been further strengthened and solidified over the past six years.

“The Government of St. Kitts and Nevis continues to look forward to the time when you will be given recognition and you will be able to take your rightful place among the Nations of the World,” said Prime Minister Douglas to Republic of China President, Chen Shui-bian during a red carpet welcome ceremony on the steps of the Presidential Palace.

Read More