Daily Brief: Saint Lucia ‘blacklisted’ by European Union – Dec 06, 2017

Hello, MoneyMax101 readers! Here’s your news update.

• Saint Lucia ‘blacklisted’ by European Union  

  St. Lucia News Online / St. Lucia – Tue Dec 05, 2017

  The European Union has published its first blacklist of tax havens, naming 17 territories including Saint Lucia, Barbados and South Korea. A “watchlist” of 47 countries promising to change their tax rules to meet EU standards has also been issued. The “grey list” includes several with UK links, including Hong Kong, Jersey, Bermuda.

• Jamaica selected for Airbnb’s new service  

  RJRNewsOnline.com / Jamaica – Tue Dec 05, 2017

  Jamaica has been selected as part of the roll out of Airbnb’s new service titled Airbnb Trips. The service will see visitors from around the world paying for unique experiences in Jamaica through the Airbnb platform. According to the Head of the Global Policy at Airbnb, Chris Lahane, the new service will have far reaching benefits for Jamaica.

• Transjamaican Highway says revenues up, Portmore toll still highest trafficked  

  Gleaner – Business / Jamaica – Wed Dec 06, 2017

  TransJamaican Highway Limited, the concession holder for Highway 2000 East-West is now pulling in revenues above $8.8 million daily for Portmore, St Catherine, according to Wednesday Business estimates and data provided by the company in November.

• NCB Clarien stake in Bermuda worth US$54m  

  Gleaner – Business / Jamaica – Wed Dec 06, 2017

  The book value of NCB Financial Group’s stake in Clarien Bank, Bermuda, would equate to US$53.6 million (J$6.74 billion), but the entities avoided any financial disclosures in announcing the deal last week.