Commercially zoned waterfront lot with great ocean views and nice elevation, on Providenciales. Cooper Jack canal frontage is an awesome spot to build personal marina or a watersports base. Both road and canal frontage ideal for building a dream home with immediate ocean access. Lot size 1.16 acres. Asking $485,000 US.
More photos on our Coldwell Banker Listing page.
A new sea turtle capture-and-release program for the fishing industry has been established in St. Kitts. The program aims to reduce the number of sea turtles caught and sold in the Caribbean area.
Reported by ReptileChannel.com, “About 70% of Caribbean nations have banned fishing of sea turtles because of their classification as an endangered species, according to Ross University School of Veterinary Medicine, which is helping lead the program. However, St. Kitts as well as Nevis continue to allow such fishing, although certain regulations have been implemented.
“[The team of vets in the program]met in early October at Ballast Bay on St. Kitts’ south peninsula to teach Theophilus Taylor, president of the local Sandy Point Fishermen’s Cooperative, the appropriate method of tagging a hawksbill turtle (Eretmochelys imbricata), the main species of sea turtle captured on the island.
“‘As president of the Sandy Point Fishermen’s Society, it is important to be a part of the sea turtle preservation project,’ Taylor said. ‘I realize that many of us [St. Kitts/Nevis fishermen] fish for the sea turtles because it is how we keep our families going, it is our livelihood, but we have to think about how these turtles will affect the future of our island’s sea life.’”
Team members are presenting the program in more than 30 local schools, and encouraging students to observe turtle-friendly recreational activities that avoid damage to nesting and foraging turtles, as well as incubating nests.
The St. Kitts Sea Turtle Monitoring Network, Georgia Sea Turtle Center, Ross University School of Veterinary Medicine and St. Kitts Fisheries Department are providing nonconsumable sources of income - getting paid to work for conservation as opposed to harvesting turtles - to those participating in the capture, tagging and release. Sea turtle education programs will also be implemented.
(photo courtesy of Kris Przeor, AboutUtila.com)
Victor International has announced a partnership with the Yacht Club Costa Smeralda (YCCS) to create a new yacht club & marina, YCCS Virgin Gorda, in North Sound, British Virgin Islands.
The inauguration date for YCCS Virgin Gorda is scheduled for March 2011, in conjunction with the inaugural Caribbean Superyacht Regatta & Rendezvous, which will be held March 16-20, 2011 and organized in partnership with YCCS and Boat International Media.
As reported by PRNewsWire.com, “For more than 40 years, the YCCS has been one of the leading Yacht Clubs in the Mediterranean. Following the expressed wishes of the Club’s Members for access to quality facilities and services on both sides of the Atlantic, YCCS decided to expand. The new location, on a private peninsula on the eastern tip of Virgin Gorda in the protected waters of North Sound, was chosen based on a number of key attributes including the beautiful location, with beaches, protected anchorages and marinas; its accessibility by air and sea; the security and stability of the British Virgin Islands and finally, the region’s renowned sailing waters.
“This second YCCS base will enable the international sailing and yachting community to enjoy the YCCS’ expertise in the organization of top-level international sailing events and exclusive hospitality services. Amenities at YCCS Virgin Gorda will include the Clubhouse, several docks, a marina, as well as a selection of restaurants, shops, a pool, outdoor recreation areas, bars and concierge service for yachtsmen. The Club and marina, developed in partnership with Victor International, will be linked to the new Oil Nut Bay Luxury Resort Community and Beach Club, as well as Biras Creek Resort, a Relais and Chateaux property.
“The YCCS Virgin Gorda development includes a state-of-the-art marina, designed by ATM and built by Bellingham Marine. The marina, opening in December 2010, will offer up to 38 slips for yachts up to 100 meters in length. The Club and marina will have easy access to the Atlantic Ocean and the Caribbean Sea, as well as the islands and anchorages of the Virgin Islands and the Leeward and Windward Isles.”
The Office of Centres and Institutes at H. Lavity Stoutt Community College will present a one-day seminar Friday, November 12, to give an overview of BVI history and a virtual tour of primary historical sites in the territory. The seminar will be held at the College´s Centre for Applied Marine Studies, Paraquita Bay, from 9-3. The seminar is open to anyone who is interested in the subject area and wants to learn more.
Director of the Office of Centres and Institutes Alegra Jennings said the seminar is directed toward employees in the tourism industry and front line service personnel. These employees need to have a competent knowledge of BVI history and historical sites to be knowledgeable for visitors.
To register for the seminar, please call the Director of Centres and Institutes, tel. 852-7198.
(resource: 2BVIPlatinum.com)
The International Monetary Fund (IMF) has released the Financial Sector Stability Assessment of the Virgin Islands, summarising the thorough IMF review of the regulatory regime in the British Virgin Islands conducted in mid-April 2010. The Fund stated that the BVI enjoys a high standard of living when compared to other countries in the region, and recognized the strength of the regulatory regime in the Territory.
According to the report, the recent global financial crisis has not affected the health of BVI financial institutions, but it has caused growth of financial services to slow down, since the core business is company registration rather than asset management or banking. The report stated that the regulatory framework for both onshore and offshore financial services is clear and comprehensive, and the Financial Service Commission has demonstrated its strength and independence as a regulator.
“GDP is estimated at $1.095 billion or $38,818 per capita (with a population of about 24,000). Unemployment remains low at 3 percent to 4 percent. The workforce is dominated by expatriate labor (65 percent of the total workforce, with expatriates filling an estimated 80 percent of financial services jobs),” the report stated.
The IMF report noted that the BVI´s continued ability to attract business relies on its being viewed internationally as a well regulated and policed jurisdiction with a strong legal framework and efficient corporate services. Because reputation plays such a critical role to the financial services sector in the Territory, the report noted that the authorities are keenly attuned to this risk and have in place a sound system of surveillance and enforcement to combat risk.
Read more at 2.BVIPlatinum.com.
In its new Regional Economic Outlook, just released, the International Monetary Fund (IMF) says that the Caribbean is finally turning the corner amid “vast challenges” and gradually recovering from last year’s severe recession.
The report said tourism appears to be on the rebound, but noted that “headwinds from weak labour markets in advanced economies” constrain its growth prospects. “The key challenge lies in consolidating public finances while strengthening competitiveness,” the IMF noted.
After declining by more than three per cent in 2009, the IMF said real Gross Domestic Product (GDP) for the Caribbean as a whole is projected to post only marginal gains in 2010, growing by an average of about 1%, after relatively low debt ratios, and benefiting from ongoing reconstruction efforts in Haiti.
During the first half of 2010, the IMF said tourist arrivals in the Caribbean increased by an average of 3.5% compared with the same period last year, adding that this was led by increased arrivals from the United States and Canada, against continued declines from Europe. Smaller islands in the region have experienced a “sharper and more prolonged decline in tourist arrivals than some of the larger islands…Destinations that significantly reduced hotel prices following the crisis experienced milder declines in arrivals.”
The report also concluded that “Boosting competitiveness and growth over the medium term remains a key policy challenge. For the whole region, improving productivity will require sustained structural reforms, including enhancing the role of the tourism sector.”
The IMF said labour markets would need to be more flexible to allow the region to better react to external shocks and increased competition for tourists from inside and outside the region.
(resource: JamaicaObserver.com)
In its new Regional Economic Outlook, just released, the International Monetary Fund (IMF) says that the Caribbean is finally turning the corner amid “vast challenges” and gradually recovering from last year’s severe recession.
The report said tourism appears to be on the rebound, but noted that “headwinds from weak labour markets in advanced economies” constrain its growth prospects. “The key challenge lies in consolidating public finances while strengthening competitiveness,” the IMF noted.
After declining by more than three per cent in 2009, the IMF said real Gross Domestic Product (GDP) for the Caribbean as a whole is projected to post only marginal gains in 2010, growing by an average of about 1%, after relatively low debt ratios, and benefiting from ongoing reconstruction efforts in Haiti.
During the first half of 2010, the IMF said tourist arrivals in the Caribbean increased by an average of 3.5% compared with the same period last year, adding that this was led by increased arrivals from the United States and Canada, against continued declines from Europe. Smaller islands in the region have experienced a “sharper and more prolonged decline in tourist arrivals than some of the larger islands…Destinations that significantly reduced hotel prices following the crisis experienced milder declines in arrivals.”
The report also concluded that “Boosting competitiveness and growth over the medium term remains a key policy challenge. For the whole region, improving productivity will require sustained structural reforms, including enhancing the role of the tourism sector.”
The IMF said labour markets would need to be more flexible to allow the region to better react to external shocks and increased competition for tourists from inside and outside the region.
(resource: JamaicaObserver.com)
In its new Regional Economic Outlook, just released, the International Monetary Fund (IMF) says that the Caribbean is finally turning the corner amid “vast challenges” and gradually recovering from last year’s severe recession.
The report said tourism appears to be on the rebound, but noted that “headwinds from weak labour markets in advanced economies” constrain its growth prospects. “The key challenge lies in consolidating public finances while strengthening competitiveness,” the IMF noted.
After declining by more than three per cent in 2009, the IMF said real Gross Domestic Product (GDP) for the Caribbean as a whole is projected to post only marginal gains in 2010, growing by an average of about 1%, after relatively low debt ratios, and benefiting from ongoing reconstruction efforts in Haiti.
During the first half of 2010, the IMF said tourist arrivals in the Caribbean increased by an average of 3.5% compared with the same period last year, adding that this was led by increased arrivals from the United States and Canada, against continued declines from Europe. Smaller islands in the region have experienced a “sharper and more prolonged decline in tourist arrivals than some of the larger islands…Destinations that significantly reduced hotel prices following the crisis experienced milder declines in arrivals.”
The report also concluded that “Boosting competitiveness and growth over the medium term remains a key policy challenge. For the whole region, improving productivity will require sustained structural reforms, including enhancing the role of the tourism sector.”
The IMF said labour markets would need to be more flexible to allow the region to better react to external shocks and increased competition for tourists from inside and outside the region.
(resource: JamaicaObserver.com)
There is an upstairs suite complete with sitting area, 4 twin beds, full bath and one’s own private sun deck overlooking Tilloo Cay, Lubber’s Quarters and Elbow Cay. Below the main level is a cozy caretaker’s residence equipped with an open kitchen, dining and living space, 1 bedroom, 1 bath and an office. There’s no want for space as this estate offers lots of basement storage.
This exquisite design comprises 5,400 square feet of living space and can sleep 10 -12 people comfortably. The three pods are uniquely connected by covered breezeways and extensive patios ideal for capturing the gentle island breeze. The foundation contains 100,000 gallon water holding tank with rain collection and reverse osmosis.
This 11 acre paradise also features a small swimming beach and a day dock on the Sea of Abaco as well as a private dock in the sheltered cove of Tilloo Pond. This fully equipped dock can accommodate 4 or 5 boats and is a tremendous asset to this property.
Tilloo Pond has a current Hotel Operating License and was built under the Bahamas’ “Hotel’s Encouragement Act” which establishes property tax incentives.
St. Kitts native Melissa Williams was awarded the 2010 Harold Isaacs Best Graduate Student Paper Award for her graduate research on the Caribbean Single Market and free movement of workers. The Award is designed to encourage high quality research and writing among graduate students who have an interest in Third World studies.
Ms. Williams graduated with a Masters of Public Administration (MAPA) in May from Howard University in Washington, DC. She is from New Town, and graduated from Cameron University in Lawton, OK summa cum laude in 2004. For her thesis, she conducted research through a survey to approximately 250 residents on St. Kitts and Nevis.
Her paper, titled “Free Movement under the Caribbean Single Market: St. Kitts-Nevis’ Vision for Unity,” focused on public opinion and awareness of CARICOM’s free movement of workers policy. She was presented the Award at the 28th Annual Conference of the Association of Third World Studies (ATWS) held in Savannah, Georgia.
Founded in 1983, ATWS is the only scholarly organization with United Nations membership. Its members, which include scholars and development professionals, are dedicated to the humane and scientific study of Third World peoples, problems and issues, with the ultimate goal of improving the quality of life. Ms. Williams’ essay will be published in the prestigious peer refereed Journal of Third World Studies. It has also been included in the book Global Perspectives: International Development, Politics, and Public Administration.