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Wednesday, March 01 2017 @ 01:53 PM AST

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Central Bank of Aruba holds interest rates steady at 1%

* International reserves went up 20%

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St Kitts & Nevis car sales up - sign of economic growth, Govt says

The large number of vehicles sold on Reduced VAT Rate Day, on December 16, 2016, stands as a testament to the economic growth of the federation, says Prime Minister Dr. the Honourable Timothy Harris, speaking at today’s Sitting of Parliament.

The prime minister said that December 2016’s Reduced VAT Rate Day was the best ever. This was compared to two Discounted VAT Rate Days in 2014 where155 vehicles were sold – 122 on St. Kitts and 33 on Nevis. In 2016, 247 vehicles were sold – 202 on St. Kitts and 45 on Nevis.

“Something good must be happening when more persons can afford to buy their own means of vehicular transport,” he said. “Something good is happening in the economy when in the space of 2 years from 2014 to 2016 nearly 100 more vehicles are sold on Discounted VAT Rate Day or there is a whopping and highly significant 60 percent increase in reported car sales. Not over two days; in one day. In one day we outmatched and outperformed every other period under which the VAT reduction rate had applied.”

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When is Trinidad and Tobago's SEA exam? May 4, 2017

It's an important day to about 18,000 families in Trinidad and Tobago every year.

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Hidden Figures, La La Land - quick movie reviews

LA LA LAND

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U.S. tourism to Cuba went up, but the rest of the Caribbean not as affected as forecast