Business
October 25, 2024
Barbados Leads V20 Central Bank Governors in Tackling Climate Change's Financial Impact
Barbados leads the CVF Central Bank Governors Working Group to address climate change's financial impact on vulnerable nations. Initiatives include integrating climate risks into monetary policy and implementing a financial safety net.
October 25, 2024
Barbados Urged to Innovate and Streamline Processes for Global Investment Competitiveness
Barbados urged to innovate and streamline processes for global investment competitiveness. President of BIBA highlights challenges and calls for faster digital transformation to attract investors. Collaboration and forward-thinking emphasized for sustainable growth.
October 24, 2024
Barbados Minister Proposes Parametric Insurance for Fishing Boats
Minister Kerrie Symmonds suggests insuring fishing boats in Barbados to aid fisherfolk impacted by Hurricane Beryl. Parametric insurance could provide payouts to vessel owners. Opposition Leader criticized lack of solutions.
October 24, 2024
Barbados Agricultural Society CEO Addresses Fresh Chicken Shortage Concerns | Industry Boosting Production Levels for Increased Demand
Barbados Agricultural Society CEO addresses fresh chicken shortage in supermarkets, advises against hasty imports. Industry faces challenges in meeting demand, but production levels are rising. Supply chain strain acknowledged.
October 24, 2024
Barbados Strengthens Climate Resilience with Landmark Debt-for-Climate Swap Agreement
Barbados strengthens climate resilience with a $40 million debt-for-climate swap agreement, enhancing the South Coast Sewage Treatment Plant to combat climate threats. Efforts include debt-for-nature swaps and marine conservation initiatives.
October 24, 2024
Fire Investigation Halts Operations at Banks Breweries, Barbados: An Update
Operations at Banks Breweries are halted following a fire at their Christ Church facility. Investigations are ongoing to determine the cause before resuming operations. Fire Service contained the fire swiftly.
October 23, 2024
Fire in Microlab Disrupts Operations at Banks Breweries Facility in Newton, Christ Church: Situation Quickly Under Control
A fire at Banks Breweries' microlab in Newton, Christ Church disrupted operations. The fire was quickly contained by fire officers, with investigations ongoing to determine the cause.
October 23, 2024
Banks Breweries Ltd Fire Contained by Firefighters at Newton Industrial Estate: Details & Updates
Fire at Banks Breweries Ltd's microlab in Newton Industrial Estate this morning was swiftly contained by firefighters. Operations paused pending investigation into the cause. Crews from multiple fire stations responded.
October 23, 2024
Barbados Proposes Maritime Industry Modernization with Suite of Merchant Shipping Bills
Barbados introduces five merchant shipping bills to modernize its maritime industry, aiming to boost ship financing, employment, and economic development. Legislation includes ship registries and potential for commercial drydocks.
October 23, 2024
Chicken Supply Shortages Reported in Local Supermarkets, Industry Optimistic for Holiday Replenishment
Some supermarkets in the island are experiencing low fresh chicken supplies due to challenges in sourcing enough birds. Suppliers are optimistic about increased supply for the upcoming holiday season.
October 22, 2024
Rihanna Fenty Launches Fenty Beauty in the Caribbean, Enjoys Night Out in Hometown
Rihanna returns to Barbados to launch Fenty Beauty in the Caribbean, expanding to nine islands. Spotted at a nightclub with A$AP Rocky before the business launch.
October 22, 2024
Digital Transformation and Tradition Clash in Caribbean Businesses: Insights from a Business Owner's Perspective
Explore the clash between tradition and digital transformation in Caribbean businesses, highlighting challenges and impacts on growth and innovation. Learn about the push for change and the resistance faced.