SHANGHAI, China, July 19, 2010 – Grenada’s Booth continues to be the centre of attraction in the CARICOM Pavilion at the World Expo in Shanghai. The Expo, which opened to the public in May, will run through the end of October 2010.

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CAIPA is an umbrella organization established in 2007 to enable collaboration among regional Investment Promotion Agencies with the aim of strengthening the regions visibility as an attractive destination for Foreign Direct Investment (FDI)

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The Grenada Industrial Development Corporation (GIDC) welcomes this initiative especially on considering that it follows up on a study of Grenada’s health and wellness tourism sector undertaken in 2009, by GIDC in collaboration with La Luna and La Source, with assistance from the European Union through Caribbean Export Development Agency.

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 The Grenada Industrial Development Corporation (GIDC) invites creative minds from all Secondary Schools to participate in its Essay Competition to celebrate in part t GIDC's  25th Anniversary.

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With the carnival season on our doorstep, the Business Development Centre of the Grenada Industrial Development Corporation in collaboration with the Grenada Cultural Foundation conducted two (2) workshops for calypsonians, soca artists and entertainers.
 

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The Business Development Centre (BDC) of the Grenada Industrial Development Corporation (GIDC) continues to provide training for Entrepreneurs and the General Public. During the month of May 2010.

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The Grenada Industrial Development Corporation (GIDC) will host a National Consultation towards the development of a Harmonised Industrial Policy for the Caribbean .The policy will  address issues which are common to the interests of CARICOM Member States, to create an enabling environment which will engender sustainable development for the Regional Industrial Sector. The policy will also seek to address the needs of small and medium sized enterprises (SME’s), to avail them the opportunity to develop into sustainable entities

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The Business Development Centre (BDC) of the Grenada Industrial Development Corporation successfully hosted its fourth Entrepreneurship Night Business Forum on March 18, 2010 in Grenville, St. Andrew’s.

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The Government will continue to closely monitor the pricing mechanism and would adjust prices in accordance with subsequent market price movements. All consumers are encouraged to act wisely to conserve and use energy efficiently.

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This project is aimed at addressing land degradation issues and the negative effects of drought in Grenada.

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With the inroduction of VAT, a number of items will be zero-rated togrther with exempted serivices and agricultural products on which VAT should be charged (negative list).

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Effective Februaury 1st 2010, there is a list of supplies that will be exempted under the Value Added Tax (VAT)

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The Value Added Tax (VAT) will be implemented in Grenada on February 1, 2010, and in order to make locally produced goods competitive on the international market, exports to include taxable goods that are exported will be zero-rated.

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Consistent with the commitment given by the Minister of Finance, Hon Nazim Burke, in his 2010 budget presentation, Grenada is actively engaged in negotiating Tax Information Exchange Agreements (TIEAs) with several of its economically significant trading partners, with the goal of establishing 12 Agreements by March 2010.

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National Disaster Management Agency (NaDMA) – The Honorable Tillman Thomas, Prime Minister, at the Budget Presentation on Friday 15th January 2010 has pledged an initial sum $100,000.00 United States dollars to Haiti in response to the January 12th devastating earthquake.

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NYC, Jan. 10, 2010 – At a meeting held in New York City last Tuesday, involving New York University School of Dentistry (NYUSD) officials, Grenada’s Consul General Derek James, and the leaders of Concerned Grenadians of New York (CGNY), plans were finalized to commence the massive NYU School of Dentistry Henry Schein Cares Global Outreach Project in Grenada on January 16, 2010.

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The Business Development Center continues its training  workshop  for January and February 2010.  Workshops are targeted to existing  and potential entrepreneurs and other interested persons. All training will be free. Please call or come in to register before the deadline dates.

The Business Development Center of the GIDC continues its training  workshop program for November and December 2009. All training will be free. Please call or come in to register before the deadline dates.

The Board of Directors’ of the Grenada Ports Authority in its effort to help stimulate economic activity in these difficult economic times has agreed to provide a total of EC$500,000.00 as a loan to two local Credit Unions for on-lending to Micro and Small Businesses in Grenada to stimulate growth, generate income and create much needed job opportunities.

 

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The inflation rate in Grenada, for the month of September 2009, increased by 0.10% largely due to an increase of 2.28% in the price of fuel and light.

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Spice Dream Holiday Apartment was officially opened on Sunday October 25th 2009.The facility is an eleven (11) unit tourist accommodation facility which is located in L’Ance Aux Epines, St. George’s.

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The Board of Directors of the Caribbean Development Bank (CDB), at its 238th meeting in Barbados on Tuesday October 14, 2009, approved three (3) loans for the Government of Grenada.

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Three officials from New York University’s (NYU) School of Dentistry arrived in Grenada on September 30th  to meet with Ministry of Health officials and wrap up logistical preparations for a massive dental care outreach project to be made available to locals from January 16 to 30, 2010.

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A steering committee for a proposed Fashion Association of Grenadian Designers, has been created to develop structures to govern such a body and to plan for Grenada’s first ever Fashion Week, tentatively carded to occur in the upcoming year.

 

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The Caribbean Diaspora for Science, Technology and Innovation (CADSTI) was launched on September 30, 2008 in Port of Spain by the Honorable F. Jeffrey...

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A workshop of Health and Wellness was held at the Grenada Industrial Development Corporation (GIDC) conference room on Friday July 24th. The conference was the initiative of the GIDC, the Ministry of Tourism...

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The Grenada Industrial Development Corporation (GIDC), the Grenada Board of Tourism (GBT) and the Ministry of Finance - Trade Division collaborated to participate in the 10th annual Trinidad Trade and Investment Convention organized by the Trinidad and Tobago Manufacturers Association (TTMA).

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Grenada will be participating, for the 3rd consecutive year, in the Trinidad and Tobago Trade & Investment Convention (TIC) from June 24th to 27th, 2009.

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The Ministries of Foreign Affairs, Tourism and Finance, are in the process of finalizing plans for the launch of the Grenada Consular Tourism and Trade Office in Trinidad.

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Representatives of the Government of Grenada and the Peoples Republic of China have officially signed the Supplementary Engineering Design Contract for the, first phase low- income Housing Project.

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Minister for Housing, Lands and Community Development, the Hon. Alleyne Walker, headed a delegation from the Ministry and the Venezuelan Embassy in Grenada on a visit to three housing schemes and historic sites on Wednesday.

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Fellow Citizens, Good evening. Once again I am delighted to address you on issues of national importance. This address is in keeping with our commitment...

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In accordance with Section 65 of the Income Tax, Act 36 of 1994, ALL EMPLOYEES in receipt of salaries in excess of...

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All persons who own or operate a business large or small are reminded of their obligation to register their business with the Inland Revenue Department.

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All business persons who wish to operate a restaurant, snackette, eatery or any other business of a similar nature, are hereby informed of the procedure for obtaining a Refreshment House Licence.

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In accordance with Section 65 of the Income Tax Act 36 of 1994, the public is hereby reminded that the deadline for filing Annual Income Tax Return (If your fiscal year ended 31st December 2008) is 31st March 2009.

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The public is hereby reminded that the tax amnesty currently offered by Government to all taxpayers will expire on 31st March 2009.

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Spaces Available for Rent at the Craft Center, Tanteen St. George’s. Click for details.

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Petit Anse is a local Company owned and operated by Mr. Phillip Clift, a British national. The project involved the development of 52,570 sq. ft of land at Laurant Point, Mt. Alexander; St. Patrick’s to construct a thirteen (13) unit resort.

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