Business
August 9, 2024
UK's FTSE 100 Rises as US Economy Fears Ease; Global Markets React Positively
UK's FTSE 100 index rose as US economy concerns eased, following strong US market performance. Global markets recover, but analysts predict continued volatility amid upcoming events and central bank decisions.
August 9, 2024
Barbados GIAB President Highlights Funding Gap for Boat Owners Post-Natural Disasters
President of GIAB Randy Graham highlights the potential limitations of mandatory third-party boat insurance for Barbados' fisheries sector post-natural disasters, citing a significant funding gap exposed by Hurricane Beryl.
August 8, 2024
Barbados Dairy Sector Receives Boost with Imported Canadian Heifers, Aims for Sustainable Growth
Barbados' dairy sector is set to receive a boost with the importation of 180 heifers from Canada, aiming to address production concerns and foster sustainable growth. Efforts are underway to reverse declining milk production trends.
August 8, 2024
Legislation Underway for Mandatory Fishing Boat Insurance in Response to Hurricane Damage
New legislation is being developed to require insurance for fishing boats in response to Hurricane Beryl's impact. The focus is on third-party liability coverage to meet international standards.
August 7, 2024
Adrian AC Clarke Contemplates Skipping 2025 Calypso Monarch Defense Amid Major Business Ventures
2024 Calypso Monarch Adrian AC Clarke hints at not defending title next year due to conflicting plans, focusing on major projects in 2025 including Party Monarch and Fire Fete events.
August 7, 2024
Bridgetown Retail Sector Surges in July Boost, Fueled by Crop Over Festival, Says Business Leader
Bridgetown's retail trade sees a boost in July due to Crop Over festival, with diverse events attracting consumers. Challenges remain in sustaining appeal year-round, says business leader Eddy Abed.
August 7, 2024
Revitalising Bridgetown Beyond Flagship Projects: Insights from Leading Businessman Eddy Abed
Barbados Chamber of Commerce chairman Eddy Abed advocates for revitalizing Bridgetown by repopulating the city center to attract businesses and create a vibrant evening scene, emphasizing the importance of private sector involvement.
August 6, 2024
Barbados Optional Savings Scheme (BOSS) Bonds Investors Repaid $4.5 Million as Securities Matures: Central Bank Governor Encourages Reinvestment in BOSS Plus Instruments
Barbados Optional Savings Scheme (BOSS) bondholders from 2020 receive $4.5 million upon maturity. Central Bank Governor encourages reinvestment in new BOSS Plus instruments for increased returns and interest. Private sector remains primary holder of Government securities.
August 5, 2024
interCaribbean Airways Unveils Custom-Painted 'Spirit of Grenada' ATR 42-500 Aircraft at Maurice Bishop International Airport
interCaribbean Airways unveils custom-painted ATR 42-500 aircraft with Grenada flag at Maurice Bishop International Airport. Symbolizes gratitude for Grenada's support post-Hurricane Beryl. Dignitaries attend ceremony.
August 5, 2024
US Judge Rules Google Acted Illegally to Maintain Online Search Monopoly, Uncertain Future for Big Tech Giants
US judge rules Google illegally maintained a monopoly on online searches and ads. Decision could impact tech giants. Google paid billions for default search status. Antitrust regulators pursue Big Tech lawsuits.
August 3, 2024
Temple Yard Craft Market Artisans to be Temporarily Relocated to Pelican Village for Redevelopment: Progress in Cricket World Cup Upgrade Plans
Artisans from Temple Yard Craft Market to relocate to Pelican Village by Christmas, paving the way for long-awaited upgrades following a meeting with government officials. Plans to develop the area for Cricket World Cup visitors.
August 2, 2024
National Cultural Foundation Prepares for Expanded Kooyman Foreday Mornin’ Jam in Barbados 2024
The National Cultural Foundation gears up for a vibrant Kooyman Foreday Mornin’ Jam, featuring 29 bands parading through Bridgetown at 1 a.m. on August 3, 2024. Corporate support and exciting festivities await revelers.