CaribNews Business Conference - The Best Yet

Contact : Lucius Doxerie

November 16, 1998 - "It is never too late for a good thing." That is the general feeling coming from the hundreds of persons who attended the recently concluded CaribNews Multi-National Business Conference that took place at the Royal St.Lucian Hotel during November 5-8, 1998.

The annual conference is in it's third year, having been held previously in Jamaica and Barbados. Organized with the enthusiastic support of St. Lucia's Prime Minister Dr. Kenny Anthony, the National Development Corporation and an array of sponsors in the United States, the conference has been hailed as the most successful and innovative of the meetings held so far.

President of the St. Lucia Chamber of Commerce Guy Mayers says that the conference provides an ideal opportunity for members of the local business community to establish links with the players in the American commercial and industrial sectors.   Mr. Mayers believes that the prospect of operating joint ventures with black business people in the U.S. is an exciting proposition. The ability to receive information about the key players in the American business community is also important to allow for positive decision making, Mr. Mayers added.

But, amidst the talk of the merging of businesses in the United States, President of the local Chamber of Commerce says, that although local businesses are not yet ready for such a development, they will have to consider this trend.  The culture of business in St. Lucia is such that most businesses are owned by families. But Mr. Mayers warned, the time will come when small business operators will have to consider amalgamating their ventures. "If they are not willing to do so," the chamber president said, " they will be left behind in an era of economic globalization."

The main organizers of the conference were the husband and wife team of Karl and Faye Rodney, publishers of CaribNews - the most successful Caribbean - American newspaper.

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