Entries Tagged as 'Business'

Government seeks $20 million loan

Parliament is seeking a EC$20 million loan from the National Bank to finance Goverment operations. Minister Ambrose George said the loan would ensure all obligations are met and that fiscal accounts would remain 'in balance'. Minister Blackmore said the loan would ensure basic services such as medicines are provided. Meanwhile Opposition Minister Norris Prevost said some of the $20 million should go toward the restoration of the Roseau Cathedral.

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PM concerned about AID Bank loan delinquency

PM Skerrit said he was concerned about the high level of delinquency of loans taken from the Agricultural & Industrial Development Bank. He said the high level harms national development.

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Government productivity 'very low'

The Government productivity advisor says government are operating at 20% productivity. Parry Bellot said private sector efficiency is also down, but not as much. He is presenting a detailed report to Cabinet soon, and said any improvement should be done a ministry at a time. The General Secretary of the government workers union has dismissed the claims, saying there was no scientific basis behind Bellot's claims.

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Canefield airport should stay open

The Dominica Air and Sea Ports Authority has said that though the level of traffic at Canefield Airport is not viable, the airport should stay open. The Chairman of DASPA Dermot Southwell said it is discussing with Government keeping the airport open. He said it costs over $1 million a year, with negligable income. One reason to keep it open is in case of an emergency with Melville Hall. Courier services like Fedex still use the airport.

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Trade union doesn't want Sunday trading

The Public Service Union has spoken out against Sunday trading. Presently shops are not allowed to trade on a Sunday, and the Dominica Association of Industry & Commerce has been pushing for a change in legislation. The PSU said no union has been invited to discuss the matter.

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