Nevis, West Indies. ?A Non-Tourist-Trap? Blog About Nevis.

Basseterre, St. Kitts – Nevis
November 28, 2007 (CUOPM)

Legislation authorising the Federal Government of St. Kitts and Nevis to borrow some EC$150 million to re-finance existing short term demand debt held with commercial banks will be debated in the National Assembly when a new sitting convenes Thursday afternoon.

Prime Minister and Minister of Finance, Hon. Dr. Denzil L. Douglas will pilot through all three readings, The Refinancing of Existing Short Term Demand Debt Bill, 2007 during a new sitting of the lawmaking body which starts at three ‘o’ clock shortly after the adjournment of the current sitting of the National Assembly.

Lawmakers will debate the legislation which deals with the manner of raising the borrowing, the form of debentures, how the debentures are signed, the establishment of a Register Book of debentures and the retention of a Registrar and paying agent.

The Bill also provides for the rates of interest of the debentures, payment of interest, the mode of providing for their redemption, the authority to execute documents and the general power of the Minister of Finance.

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4. IMF Says St. Kitts – Nevis Needs To Reduce Debt
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Basseterre, St. Kitts – Nevis
November 27, 2007

The 2008 CARIFTA Games are a little less than four months away in St. Kitts and Nevis. Construction crews have been working steadily over the past months to ensure the Bird Rock Athletic Stadium – which will host the Easter-weekend tournament – is completed on time.

A thumbs up signal was given to the construction crew at the Bird Rock Athletic Stadium as work on the Class 2 Track and Field facility continues apace.

Minister of State responsible for Sport the Hon. Richard Skerritt headed a delegation of government officials and representatives from the Local Organizing Committee of CARIFTA at a site visit on Friday. The party toured the construction ground and responded with enthusiasm to the updates being given by Project Manager Wycliffe Morton Jr. Read the rest of this entry »

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5. Nevis PM Calls For Healthier Lifestyles

Basseterre, St, Kitts – Nevis
November 27, 2007 (CUOPM)

Phase One which began in June this year will see the construction of 16 hillside apartments which will be complete by September 2008. Phase two is planned to start in late 2007 and will include the remaining accommodation units and amenities. Resort completion is planned for the end of 2009.

Ocean’s Edge Resort comprises 32 one bedroom beachfront apartments, 16 two-bedroom beachfront homes, 48 semi-detached garden cottages, 66 two-bedroom hillside apartments and 23 hilltop plots for private, bespoke villas.

According to the new website www.oceansedgestkitts.com building height for the apartments will be restricted to two floors and most properties will have uninterrupted ocean views. The first properties will be complete by mid-2008 with resort completion planned for December 2009. A leading Caribbean resort operator will be appointed to manage Ocean’s Edge and all rentals on behalf of the owners. Ocean’s Edge has been accepted into the Green Globe Benchmarking program.

Four beachfront apartment buildings, each housing 4 two-bedroom duplex apartments, will be built within yards of the beach offering great ocean views. These two bedroom units will offer unbeatable ocean views from the lounge and terrace located on the upper floor. The bedrooms will be located on the lower floor with easy access to the clubhouse, beachfront restaurant and the resort’s main swimming pool. Read the rest of this entry »

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