Business
October 12, 2024
Barbados Prime Minister Mia Mottley Pledges Sweeping Land Transaction Reforms for Modernisation
Barbados Prime Minister Mia Amor Mottley advocates for modernizing the country's land transaction process to enhance economic empowerment and property ownership. Reforms focus on digitalization, efficiency, and accessibility for citizens and businesses.
October 12, 2024
Challenges in Accessing Banking Services Hinder Growth of Barbados' Medicinal Cannabis Industry
Barbados' medicinal cannabis industry faces banking challenges hindering growth, with traditional banks refusing services. Efforts, like an MOU with M-Money, aim to address the issue. Industry leaders emphasize perseverance amid obstacles.
October 12, 2024
Barbados Government to Modernize Land Transactions for Increased Competitiveness, Prime Minister Announces
Barbados Prime Minister Mia Mottley advocates for the modernization of the land transaction process through digitization to enhance efficiency, attract foreign investment, and boost competitiveness, citing the current system's hindrance to economic growth.
October 12, 2024
IMF Reduces Member Borrowing Costs by $1.2 Billion Annually in Policy Overhaul
IMF approves measures to reduce members' borrowing costs by $1.2 billion annually. Changes include lower surcharges and thresholds, effective November 1. Some argue for full cancellation of IMF surcharges.
October 11, 2024
2024 BFA Guardian Group Youth Football Tournament Bolsters Barbados Football Association and Guardian Life Partnership
The 2024 BFA Guardian Group Youth Football Tournament, in partnership with Guardian Life of the Caribbean Limited, supports the development of Under-9 to Under-17 Boys and Mixed teams in Barbados.
October 11, 2024
Pinnacle Feeds Implements Three Percent Price Cut on Animal Feed in Response to Global Grain Cost Reductions
Pinnacle Feeds reduces animal feed prices by three per cent, citing global grain cost declines. This marks the latest in a series of cuts, totaling an eight per cent decrease over 14 months.
October 11, 2024
Barbados Blackbelly Sheep Farmers Face Breeding Stock Shortage, Impacting Industry Growth
Barbados Blackbelly sheep face a shortage as farmers struggle to access breeding stock due to exports to Guyana. Concerns raised over impact on local production and quality.
October 11, 2024
Barbadian Poultry Industry Facing Supply Challenges Amid Fish Shortage: Barbados TODAY Report
Poultry supply challenges in Barbados due to increased demand amid a fresh fish shortage. Industry official denies chicken shortage but acknowledges difficulties in meeting demand. Chicken Barn outlets affected.
October 10, 2024
Virgin Atlantic Appoints Sean Edwards as New Caribbean Country Manager Aimed at Strengthening Regional Presence
Virgin Atlantic appoints Sean Edwards as new Country Manager for the Caribbean, bringing extensive industry experience to enhance operations and commercial strategy in the region.
October 10, 2024
2024 Run Barbados Edition Launched with Eye on International Competitors and Growth in African Market
The 2024 Run Barbados edition, set for December 6th-8th, attracts global runners. Organizers aim for growth in Africa. The event boosts Barbados' sports tourism industry, drawing international participants and generating economic impact.
October 10, 2024
Barbados Postal Service Partners With DHL for Worldwide Express Service Expansion
Barbados Postal Service partners with DHL to launch co-branded Worldwide Express Service, aiming to boost e-commerce reach and compete with international courier companies. Expansion includes regional service enhancements and modernization efforts.
October 10, 2024
Barbados Honored with UPU Rising Star Award for Postal Development
Barbados Postal Service receives UPU's Rising Star In Postal Development Award at the UPU's 150th anniversary event in Switzerland. Recognized for service efficiency, reach, and resilience. Ambassador Wilson expresses gratitude.