Business
October 22, 2024
Barbadian Consumers Evaluate Government's PriceCheck App for Product Price Comparison
Barbadian consumers share opinions on the government's PriceCheck app, allowing price comparisons at supermarkets. App aims to provide updated info on essential goods. Mixed reactions on potential impact.
October 22, 2024
Opposition Senator Critiques Mia Mottley Administration's Pricing Policies, Calls for Transparency
Opposition Senator Ryan Walters criticizes the Mia Mottley administration's handling of the cost of living crisis, questioning the effectiveness of the PriceCheck app and calling for transparency on price changes and government intervention.
October 22, 2024
Barbados Private Sector Association Concerned About PriceCheck App's Impact on Price Margins
The Barbados Private Sector Association raises concerns over the PriceCheck app's implications on price margins. The app, launched by the government, aims to provide consumers with updated pricing information.
October 21, 2024
Caribbean Fintech Revolution: FiX25 Event Showcases Innovation and Growth
The Caribbean fintech landscape is evolving with startups, regulatory changes, and global collaborations. Fintech Islands hosts FiX25 to showcase regional growth and innovation, attracting international industry leaders.
October 21, 2024
Government Considers Business Barbados Bill 2024 to Enhance Business Ease in Barbados
Government is progressing towards enhancing business facilitation services with the proposed Business Barbados Bill, 2024. The bill aims to establish a centralized entity for efficient corporate and intellectual property services.
October 20, 2024
World Bank Approves $20 Million for Haiti Renewable Energy Project: Boosting Electricity Access and Reliability
The World Bank approves $20 million for Haiti's Renewable Energy for All Project, aiming to boost renewable energy investments, improve electricity access, and address challenges in the sector for economic development and emergency response.
October 19, 2024
BICO Workers to Resume Work Tomorrow After 3-Day Stoppage and Union Negotiations
BICO workers to resume work after a three-day stoppage due to a labor dispute with BWU. Negotiations led to a resolution, with talks set to continue.
October 17, 2024
BICO Employees Strike Over Pay, Health and Safety Concerns, Backed by BWU
BICO employees strike over pay, health, safety concerns, and alleged management disrespect. Barbados Workers’ Union backs workers, demanding resolution of grievances including outdated safety standards and stagnant wages.
October 17, 2024
Barbados Sees Eighth Credit Rating Upgrade as Testimony to Economic Reform Success
Barbados' economic reform program receives praise as Fitch upgrades credit rating to 'B+'. Governor Greenidge highlights fiscal performance and progress under BERT program, signaling stability and potential for further upgrades.
October 17, 2024
Diversifying Caribbean Economies Urgently Needed Amid Tourism Reliance, Says Senior Minister Kerrie Symmonds
Barbados and the Caribbean urged to diversify economies away from tourism reliance, facing challenges highlighted by the COVID-19 pandemic. Calls for re-evaluation of trade agreements and focus on emerging industries.
October 16, 2024
LIAT (2020) Limited Affirms Operational Integrity Amidst Legal Issues: Clarifying Ownership Structure and Transparency
LIAT (2020) Limited clarifies ownership structure amid US indictment of Air Peace CEO for obstruction of justice. Operations unaffected. Transparency emphasized in joint venture with Antigua and Barbuda government.
October 16, 2024
BWU Supports BICO Employees in Work Stoppage Over Longstanding Issues: Environmental, Safety, and Wage Concerns
Barbados Workers’ Union (BWU) supports BICO employees in work stoppage over environmental, safety issues, and prolonged wage negotiations. Negotiator cites concerns dating back to 2015, highlighting workers' rights.