Business
January 3, 2025
Breakwater Renovation at Bridgetown Port Set for Completion by March, CEO Reports Challenges and Stone Details
The renovation of Bridgetown Port's breakwater is set for completion by March. CEO David Jean-Marie details challenges and stone specifics, sparking questions on sourcing and costs.
January 3, 2025
Barbados Economic Outlook 2025: Insights from Professor Emeritus Michael Howard and Jeremy Stephen
Barbados' economic outlook in 2025 is a mix of growth potential and challenges, including debt management, reliance on external factors, and Government financial strategies. Expert insights highlight risks and opportunities for the nation's economic future.
January 3, 2025
Hypasounds in the Spotlight: A Recap of his Musical Journey in 2024 and Future Plans
Hypasounds, the Barbadian artist known for hits like How She Like It and Sugar Rush, reflects on his successful 2024 world tour and upcoming music projects, emphasizing the importance of touring and maintaining music quality.
January 1, 2025
Barbados Sees Third Credit Rating Upgrade: Central Bank Governor Urges Increased Investment, Economist Evaluates Impact
Barbados' Central Bank Governor calls for increased investment, particularly from the private sector, following the country's third credit rating upgrade. Economists discuss the impact on financing costs and investor confidence.
December 30, 2024
Boosting Economic Growth in Barbados Through Technological Innovation: Insights from IDB Economist
Barbados faces stagnant productivity levels and economic growth, prompting the need for increased technological innovation, as highlighted by the Inter-American Development Bank's assessment in a recent report on Caribbean economies.
December 30, 2024
Barbados Consulate in New York Set to Launch New Business Support Project for Entrepreneurs
The Barbados Consulate in New York is launching a project to support Barbadians and Americans in business, focusing on small entrepreneurs. The initiative aims to facilitate partnerships and establish a Barbados Business Network. An internship program for young Barbadians in the diaspora is also planned.
December 29, 2024
Barbados Senator Highlights Economic Impact of Villa Sector Growth, Calls for Regulation of Unnecessary Utilities Charges
Barbados senator highlights the economic impact of the expanding villa sector on the country's economy. Issues faced by villa operators with utility providers and lack of regulation by the FTC.
December 29, 2024
2025 Economic Outlook: Impact on Workers and Employers Amid Global Uncertainty
Reflecting on 2024 and looking ahead to 2025, employers seek increased profitability while workers hope for better wages and job security amidst global economic uncertainties and technological advancements. Challenges persist in unemployment trends and social security pressures, emphasizing the need for sustainable entrepreneurship and innovative solutions.
December 29, 2024
Fortress Fund Managers Reports Strong 12.4% Returns for Barbados Dollar Funds in 2024 Annual Report
Fortress Fund Managers' 2024 Annual Reports reveal positive returns of up to 12.4% for Barbados dollar funds. The Caribbean Growth Fund gained 12.4%, with strong performance in global stocks.
December 29, 2024
Economic Impact of Hurricane Beryl on Barbados: IMF Analysis Reveals Estimated Costs and Mitigating Factors
Hurricane Beryl's estimated cost for Barbados is BDS$193 million, with a projected moderate impact on the economy, particularly in fisheries, tourism, and infrastructure. IMF report details the aftermath.
December 28, 2024
Transport Augmentation Programme Operators Voice Liability Concerns Over Transport Board's Cashless Integration on Buses
The Transport Board faces concerns from TAP operators regarding liability for vehicle damage post-cashless integration. Issues include electrical problems and late payments. Tax implications and payment methods are also discussed.
December 28, 2024
Corporate Holiday Season Boosts Artists' Activity Amidst New Year's Event Preparations | Entertainment Industry Insights 2025
Corporate holiday staff parties and awards ceremonies have kept artistes busy during the Yuletide season. Industry stakeholders anticipate the momentum to continue into 2025, with multiple bookings for performances.