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ACB Thames Street branch closes due to possible COVID-19 exposure
The Management of the Antigua Commercial Bank has announced that one of their branches will remain closed today Wednesday. This decision has been made as a precautionary measure as a staff member has possibly been exposed to the virus. During this period the Bank will move to have the entire building sanitized. Customer transactions can…
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COVID exposure forces closure of ECAB Redcliffe Street
All employees of the Eastern Caribbean Amalgamated Bank Branch on Redcliffe Street have been quarantined due to potential exposure to Covid-19. According to a bank notice, the building will be sanitized in accordance with national Covid-19 protocols. It is unclear when the bank will reopen but customers are being advised automated and online systems and…
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Government plans to apply ABST to online purchases
Residents in Antigua and Barbuda could soon be required to pay the Antigua and Barbuda Sales Tax (ABST) when they make purchases online. The 15 per cent value-added tax is currently applied to most items purchased at local businesses. “The government is considering amending the ABST legislation to allow for the application of the ABST…
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Governor Antoine reappointed, Eastern Caribbean Central Bank
The Monetary Council has approved the reappointment of Timothy N. J. Antoine as Governor of the Eastern Caribbean Central Bank. The new five-year term commences on Monday 1st February. In conveying the Monetary Council’s decision, Chairman of the Monetary Council Dr. Timothy Harris remarked: “The Council commends the Governor for his stewardship over the past…
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BUDGET 2021: Full presentation by Prime Minister Gaston Browne
By Gaston Browne – Prime Minister and Minister for Finance, Corporate Governance and Public Private Partnerships. To the House of Representatives of Antigua and Barbuda On Thursday 28th January 2021. “Maintaining a Healthy Nation and Restoring a Vibrant Economy” Mr. Speaker As I rise to present to this Honourable House my Government’s Budget for 2021,…
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Agriculture stands as a bright light in the darkness — PM Browne
During the 2021 Budget Statement Presentation, Prime Minister Gaston Browne commended the growth and development of the agricultural sector during 2020. “A bright light in the nation’s economic activity – and one that illumes possibilities for the future – is agriculture,” PM Browne stated. The Prime Minister explained that although affected by the impact of…
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Regional governments urged to help pay severance to former LIAT employees
Regional heads of government have been asked to help cover the cost of severance entitlements of over EC$70-million to former employees of regional carrier, LIAT. In a letter dated January 22, the Court-appointed administrator, Cleveland Seaforth, said that as of April 2020, the total unpaid entitlements to workers across the region, amounted to EC$119,006,962. Of this amount…
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Gov’t will continue to meet debt commitments as they become due and payable
Prime Minister Gaston Browne has given his government’s commitment to make every effort to meet its debt commitments as they become due and payable. Speaking in the House of Representatives on Thursday, Prime Minister Browne said that despite the downturn in the economy occasioned by the COVID-19 Pandemic, resulting in a cash-flow difficulties, the Government…
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PM Browne Presents 2021 Budget: ‘Maintaining a Healthy Nation and Restoring a Vibrant Economy’
Prime Minister Gaston Browne on Thursday presented his government’s 2021 Budget to the Houses of Parliament tagged “Maintaining a Healthy Nation and Restoring a Vibrant Economy.” Against the challenges of the COVID-19 Pandemic that is affecting the world, Prime Minister Browne noted that his government is aware that many people are worried that their jobs…
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Antigua records bumper season for corporate jets
By Makeda Mikael Antigua recorded a bumper season for corporate jets over the past month as the 1% of the world’s rich converged on the Caribbean with their mega yachts and following service boats with helicopter, sea toys and crew quarters, and their jets parked in Antigua. Photos show St. Bart’s almost hidden from view…
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Bank donates books to Clare Hall Secondary School
The Clare Hall Secondary School’s efforts to promote literacy has benefited substantially from a recent donation. The school had approached CIBC FirstCaribbean back in September, 2020 to support its reading programme but due to the problems created by the Covid-19 pandemic, there was a delay. Marcia Chatham, the school’s Literacy Specialist Teacher explained that the…