Antigua Breaking News

Day: October 13, 2021

  • Virgin Atlantic touches down in St Vincent and the Grenadines with new service from UK

    Virgin Atlantic touches down in St Vincent and the Grenadines with new service from UK

    Today, Virgin Atlantic completed its inaugural flight from London Heathrow to St Vincent and the Grenadines, the island’s only direct service to and from Europe. The twice-weekly service flies via Barbados and departs every Wednesday and Sunday, operating on the airline’s A330-300 aircraft boasting 31 Upper Class, 48 Premium and 185 Economy Delight, Classic and…

  • ‘Squid Game’ strikes nerve in debt-ridden South Korea

    ‘Squid Game’ strikes nerve in debt-ridden South Korea

    SEOUL, South Korea (AP) — “Squid Game,” a brutal Netflix survival drama about desperate adults competing in deadly children’s games for a chance to escape severe debt, hit a little too close to home for Lee Chang-keun. The show has captivated global audiences since its September debut on its way to becoming Netflix’s biggest hit…

  • Criminal Case against New Thriving boss Raymond Yhap dismissed in Magistrates’ Court

    Criminal Case against New Thriving boss Raymond Yhap dismissed in Magistrates’ Court

    Chief Magistrate Joanne Walsh today dismissed a case against businessman Raymond Yhap. Yhap’s attorney Andrew O’Kola filed a no-case submission, which was successful. The businessman was charged with having more ammunition in his possession than that which is allowed under the law. Yhap operates the New Thriving Restaurant – was arrested and charged last year.…

  • Truck driver fined for illegally dumping waste

    Truck driver fined for illegally dumping waste

    The fight against illegal dumping continues. The case of NSWMA vs. Franklyn Martin was called on October 12th , 2021 at the Magistrate Court. The charge of illegally dumping green waste in the Parham Community was filed against Mr. Martin after he was observed by an Officer of the Authority on Saturday, May 8th, 2021.…

  • Fully vaccinated man, 49, succumbs to COVID-19

    Fully vaccinated man, 49, succumbs to COVID-19

    Statement on behalf of Sir Lester Bird Medical Centre (SLBMC): Dr. Albert Duncan, SLBMC Medical Director said: “We can confirm that sadly, a patient, who tested positive for COVID-19, has died at Sir Lester Bird Medical Centre. “Here are the details: Sex: Male Age: 49 (with comorbidity) Admitted: August 14 (severe respiratory distress, requiring immediate…

  • Commissioner Rodney Meets with New Police Welfare Executive

    Commissioner Rodney Meets with New Police Welfare Executive

    Police Commissioner, Atlee Rodney and his senior administration on Tuesday met with the newly elected executive members of the Police Welfare Association, following their recently concluded general elections. Commissioner Rodney took the opportunity to extend congratulations to the executive and encouraged them to always strive to give their best to those they are called upon…

  • Squid Game knocks Bridgerton off Netflix top spot

    Squid Game knocks Bridgerton off Netflix top spot

    We all knew it was coming, but now it’s official: Squid Game has become Netflix’s biggest ever series launch. The Korean drama was watched by 111 million users in its first 28 days, knocking Bridgerton (82 million) off the top spot. Netflix counts a view as anyone who’s watched two minutes of an episode. Netflix’s…

  • LETTER: Dockyard Drive Road

    LETTER: Dockyard Drive Road

    DEAR EDITOR: I ask the simple questions – Does this country have any kind of development plan? Is tourism really a priority? This video and photos are of Dockyard Drive, the main road that leads to the country’s main 3 Marinas that serve the yachting sector. The season is 6 weeks away. APUA has dug…

  • Cancer Week ends on inspirational note

    Cancer Week ends on inspirational note

    CIBC FirstCaribbean’s Go Pink Week of Activities in support of Breast Cancer ended with a bang last Friday with the airing of the programme Music for the Cure on ABS TV. The weekend of the 2-3 October should have seen the 10th Anniversary of the bank’s Walk for the Cure which had to be cancelled…

  • PM Browne urges unions to re-think position on LIAT severance

    PM Browne urges unions to re-think position on LIAT severance

    Antigua and Barbuda Prime Minister Gaston Browne has appealed to Caribbean trade unions to re-think their position regarding the latest offer made to laid-off workers of the cash-strapped regional airline, LIAT. Browne said what is required is the cooperation of the unions, noting that “some union leaders…are making unreasonable demands, making demands in which they…

  • Consortium of Banks to acquire the banking operations of CIBC FirstCaribbean in Dominica, Grenada, St. Kitts and Nevis, and St. Vincent and the Grenadines

    Consortium of Banks to acquire the banking operations of CIBC FirstCaribbean in Dominica, Grenada, St. Kitts and Nevis, and St. Vincent and the Grenadines

    Today, a Consortium of leading Banks in the Eastern Caribbean Currency Union announced that it has entered into a definitive agreement to acquire the branches and banking operations of CIBC FirstCaribbean in Dominica, Grenada, St. Kitts and Nevis, and St. Vincent and the Grenadines. The agreement executed on 12 October 2021 is subject to regulatory…

REQUEST FOR EXPRESSIONS OF INTEREST

(CONSULTING SERVICES – INDIVIDUAL SELECTION)

 

OECS MSME Guarantee Facility Project

Loan No.: IDA-62670, IDA-62660, IDA-62640, IBRD-88830, IDA-62650

Assignment Title: Senior Operating Officer (SOO)

Reference No. KN-ECPCGC-207852-CS-INDV

 

The Governments of Antigua and Barbuda, Commonwealth of Dominica, Grenada, St. Lucia and St. Vincent and the Grenadines have received financing in the amount of US$10 million equivalent from the World Bank towards the cost of establishing a partial credit guarantee scheme, and they intend to apply part of the proceeds to payments for goods, and consulting services to be procured under this project. 

The consultant will serve as the “Senior Operating Officer (SOO)” for the ECPCGC and should possess extensive knowledge of MSME lending with some direct experience lending to Micro, small and medium-sized businesses, knowledge of the internal control processes necessary for a lending operation and the ability to design and implement risk mitigation procedures. The ideal candidate should possess an Undergraduate Degree from a reputable college or university, preferably in Business, Accounting, Banking or related field, with a minimum of 5 years’ experience in lending, inclusive of MSME lending. The initial employment period will be for two years on a contractual basis. Renewal of the contract will be subject to a performance evaluation at the end of the contractual period. The assignment is expected to begin on September 30th, 2021.  The consultant will report directly to the Chief Executive Officer of the ECPCGC.

The detailed Terms of Reference (TOR) for the assignment can be viewed by following the attached link below. 

 

https://bit.ly/3iVannm

 

The Eastern Caribbean Partial Credit Guarantee Corporation (ECPCGC) now invites eligible “Consultants” to indicate their interest in providing the Services. Interested Consultants should provide information demonstrating that they have:

  • An Undergraduate Degree from a reputable college or university, preferably in Business, Finance, Banking or related field; and
  • Minimum of 5 years’ experience in MSME lending. Applicants should also have:
  • The ability to design and implement risk management procedures 
  • Extensive knowledge of MSME lending with some direct experience lending to small and medium-sized businesses
  • Extensive knowledge of MSME banking operations
  • Knowledge of the internal controls necessary for a lending operation and the ability to design and implement risk management procedures
  • Experience developing and presenting information in public, including responding to questions in real-time
  • Experience lending to MSMEs located in the ECCU
  • Knowledge of marketing and communicating with the MSME sector
  • Ability to draft procedures to be used in a lending operation
  • Familiarity with the mechanics of a loan guarantee program
  • Exceptional written, oral, interpersonal, and presentation skills, and
  • Proficiency in the use of Microsoft Office suite.

The attention of interested Individual Consultants is drawn to Section III, Paragraphs 3.14, 3.16, and 3.17 of the World Bank’s Procurement Regulations for IPF Borrowers July 2016, [revised November 2017] (“Procurement Regulations”), setting forth the World Bank’s policy on conflict of interest. A Consultant will be selected in accordance with the Approved Selection Method for Individual Consultants set out in the clause 7.34 of the World Bank Procurement Regulations for IPF Borrowers. 

 

Further information can be obtained at the address below during office hours 0800 to 1700 hours:

Eastern Caribbean Partial Credit Guarantee Corporation

Brid Rock, Basseterre,

St. Kitts.

Expressions of interest must be delivered in a written form by e-mail by August 11th, 2021, to [email protected]. 

 

For further information, please contact:

Carmen Gomez-Trigg                                                            Bernard Thomas

Chief Executive Officer                                                          Chief Financial Officer

Tel: 868-620-8144                                                                  Tel: 869-765-2385

Email: [email protected]                                          [email protected]