Business
September 29, 2024
Barbados Signs Multilateral Tax Agreement to Enhance Global Cooperation
Barbados signs Multilateral Convention to Facilitate Pillar Two Subject to Tax Rule, aiming for fairer global tax arrangements. Minister Straughn highlights commitment to global tax compliance and strengthening ties with OECD.
September 27, 2024
Meta Fined €91m by Irish Data Protection Commission for Storing Passwords Without Encryption: GDPR Breaches Revealed
Meta, Facebook's parent company, fined €91m by Irish Data Protection Commission for storing passwords without encryption. DPC found four GDPR breaches. Password security emphasized due to sensitive nature.
September 27, 2024
SBA Promotes Entrepreneurial Thinking as Essential Life Skill for Youth
The Small Business Association (SBA) promotes entrepreneurial thinking as a crucial life skill for youth, offering hands-on training through the Enterprise in Action Youth Programme in partnership with the TVET Council.
September 27, 2024
X Leo Leacock Memorial Lecture at Small Business Week 2024 Explores Strategies for MSME Growth
The X Leo Leacock Memorial lecture during Small Business Week 2024 explored challenges facing micro, small, and medium enterprises. Hon Allen Chastanet shared insights on regulatory frameworks and economic drivers.
September 27, 2024
Barbados Workers’ Union (BWU) Criticizes Sandals Barbados Resort for Staff Layoffs and Hiring Practices: Calls for Official Inquiry
Sandals Barbados Resort faces criticism from the Barbados Workers’ Union over staff layoffs and alleged questionable hiring practices, prompting calls for an official inquiry. BWU claims emails show a sudden reversal in job security for at-risk employees.
September 26, 2024
USVI's Helenese Advocates Tourism's Role in Promoting Global Peace
Teri Helenese, Director of State-Federal Relations for the US Virgin Islands, highlights tourism's role in fostering cultural connections and global peace. Emphasis on sustainable tourism and economic growth through cultural preservation.
September 26, 2024
Dwight Sutherland's Housing Ministry Under Fire: Opposition Criticizes Affordable Housing Efforts and Performance Since 2018
Opposition criticizes Housing Minister Dwight Sutherland's performance, citing mishandling of squatter relocation, cost overruns in house rebuilding post-Hurricane Elsa, and internal issues in affordable housing project HOPE Inc.
September 26, 2024
Consumer Advocate Raises Concerns Over Barbados Electricity Supply Bill 2024, Citing Lack of Transparency and Public Involvement
Consumer advocate Tricia Watson raises concerns about the Electricity Supply Bill in Barbados, warning of reduced transparency and public involvement in regulating the Barbados Light and Power Company Limited.
September 26, 2024
Former St Lucia Prime Minister Urges Barbadian Entrepreneurs to Prioritize Small Business Growth for Global Success
Former St Lucia Prime Minister advises Barbadian entrepreneurs to prioritize starting small and growing a world-class business. Emphasis on gourmet products, government support, and linking local culture to tourism for export opportunities.
September 26, 2024
Barbados Light & Power Company's Electricity Rate Dispute in High Court Sees Financial Services Commission Seeking Involvement
Barbados Light & Power Company Limited's bid to challenge the Fair Trading Commission's electricity rate decision faces new developments as the Financial Services Commission seeks court permission to provide input on the matter.
September 26, 2024
Saint Lucia's Opp. Leader Calls for Empowering Small Businesses for Caribbean Economic Growth
Opposition Leader Allen Chastanet advocates for government support to empower small businesses in the Caribbean, emphasizing their role in economic growth and cultural preservation. Focus on tourism and innovation highlighted.
September 23, 2024
US Plans to Ban Chinese and Russian-Made Hardware and Software in Vehicles Over Security Concerns
The US plans to ban certain Chinese and Russian-made hardware and software from vehicles due to security concerns, aiming to protect national security and privacy. China criticizes the move as discriminatory.