BASSETERRE, ST. KITTS, NOVEMBER 5^TH 2012 (CUOPM) - Aspiring local entrepreneurs will soon be given a one of a kind opportunity to realize their dream.

The Eastern Caribbean Central Bank (ECCB) will award commercial banks which operate within the Eastern Caribbean Currency Union (ECCU) for their outstanding contribution to the overall development and well-being of the citizens of the ECCU, when it presents the 2012 Best Corporate Citizen Awards Among ECCU Commercial Banks on 7 November.

BASSETERRE, ST. KITTS, OCTOBER 29^TH 2012(CUOPM) – The 20-acre Agro-Tourism project, that incorporates “Green Agriculture,” “Green Tourism” and “Green Energy” is critically important as part of the St. Kitts-Nevis Labour Government’s strategy for its economic diversification plan.

BASSETERRE, ST. KITTS (October 23, 2012) -- A programme aimed at supporting private sector development in the Caribbean has been unveiled, and the Development Bank of St. Kitts and Nevis has offered to partner with its major sponsors to promote it in the Federation of St. Kitts and Nevis.

Employers play a critical role in securing the financial future of their employees. While some workers may not be willing or able to save towards their retirement, through the mechanism of Social Security, they can be assured of a pension in their golden years. Too often, however, vulnerable employees are cheated of their fundamental right to Social Security pension by employers who neglected their responsibility due to poor financial management practices.

In the first of this two-part article, I made the distinction between saving and investing (the former maintains the sum of money saved, while the latter increases it) and gave an overview of the different assets available for individuals and institutions to invest in.  I also advised of the importance of starting early, being consistent and looking for opportunities even in the worst of situations. Now that we have that foundation, let’s consider how to go about building your portfolio of investments.

The Nevis International Service Providers Association (NISPA) recently hosted a 2 day seminar to inform a cross section of business persons on the preparations necessary to operate under new US tax compliance requirements, specifically known as FATCA. 

The St. Kitts and Nevis Sugar Industry Diversification Foundation and the Caribbean Credit Card Corporation have joined with the ECCB Entrepreneurship Course to assist the course participants with the launch of their business ventures.

BASSETERRE, ST. KITTS, OCTOBER 22^ND 2012 (CUOPM) – St. Kitts has been shifting its tourism product to the higher end of the market in recent years and admits that “a lot of real estate sales on the island are being driven by the Citizenship by Investment Programme.”

BASSETERRE, ST. KITTS, OCTOBER 22^ND 2012 (CUOPM) – The domestic financial sector in St. Kitts and Nevis remained adequately capitalized and liquid as at the first quarter of this year.