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CABOT PROMISES JOBS AND BIG SPENDERS OUT OF NEW GOLF COURSE PROJECT

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Cabot Saint Lucia says its multimillion dollar golf course venture at Cas en Bas, Gros Islet will spur the creation of at least 500 jobs once operational. Controversy over beach access and National Trust push back over the site’s archeological value have dogged the Cabot project since its commencement last December. Unhindered by claims of more evidence of pre-Columbian artifacts discovered at the construction site, the projected completion date for the project according to Cabot executives will be in November 2022.

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Former RBC employees stage sickout, affecting First National Operations island-wide

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The ink has barely dried on the First National Bank’s acquisition of RBC Royal Bank’s operations, and the financial institution is already facing what appears to be industrial action. Only two First National branches remained open Monday, as former RBC employees staged a sickout, primarily over unpaid terminal benefits. Senior Investigative Correspondent Miguel Fevrier has the details in this report.

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How does Saint Lucia recover from 2020’s Economic Windfall?

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In a May 20th report captioned “At our Worst”, Senior Political Correspondent Miguel Fevrier took a Comprehensive look at the ECCB’s Annual Economic & Financial Review for 2020, which concluded, among other things that Saint Lucia’s economy saw the greatest decline in 2020 among independent OECS territories. The report also predicted a small rebound for the economy in 2021. In this comprehensive follow-up Miguel sought the view Richard Peterkin, Partner at Grant Thornton Windward Islands.

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3rd Fuel Company confirmed; Petroleum dealers not happy.

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Petroleum Dealers on island are up in arms now that it has been confirmed that a third marketing company has entered the market. A little over one year ago, Senior Investigative Correspondent broke the story, and he now joins us in studio with a follow-up on that report.

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