Business
November 25, 2024
Barbados and U.S. Ex-Im Bank Sign $500M MOU to Boost Renewable Energy and Cybersecurity
Barbados and the U.S. Export-Import Bank sign a US$500 million MOU to enhance sectors like renewable energy, cybersecurity, water, and maritime awareness, supporting Barbados' renewable energy goals and digital security.
November 25, 2024
Egg Price Increase Effective Immediately due to Shortage, Chickmont Imports 80-Cent Eggs
Barbados' largest egg supplier, Chickmont, has announced a temporary price increase due to a shortage of eggs caused by competitors. The Barbados Agricultural Society hopes this will not set a precedent.
November 24, 2024
interCaribbean Airways Named World's Leading Regional Airline 2024 by World Travel Awards
interCaribbean Airways named "World’s Leading Regional Airline 2024" at World Travel Awards. Chairman Lyndon Gardiner accepts award, highlighting airline's global recognition and commitment to Caribbean connectivity and service excellence.
November 24, 2024
Barbadian Hotelier Proposes Resort Hotel at UWI Cave Hill Campus for Practical Experience and Economic Benefits
Barbadian hotelier Ralph Taylor proposes building a resort hotel within the University of the West Indies Cave Hill Campus, aiming to enhance tourism, offer practical experience to students, and boost economic benefits for Barbados.
November 23, 2024
Ralph Taylor Advocates Collective Focus on Entrepreneurship, Tourism, and Youth for Caribbean's Future: Calls for Action at The UWI
Ralph Taylor emphasizes the importance of entrepreneurship, tourism, and youth in shaping the Caribbean's future, urging collaboration among various stakeholders for economic growth and development.
November 22, 2024
Japanese Government Approves $250 Billion Economic Package to Address Inflation Challenges
Japanese government approves $250 billion economic package to combat inflation and rising energy costs, aiming to boost disposable income and support low-income families. Opposition parties push for supplemental budget approval amid economic challenges.
November 22, 2024
Next Caribbean Development Bank President To Be Decided by December | Full Story in eNATION
The Caribbean Development Bank (CDB) is set to announce its new president by next month. Three candidates are being considered to succeed Dr. Hyginus Leon.
November 22, 2024
Consumer Advocates Challenge FTC Decision Allowing BLPC to Pass Generator Costs to Customers
Consumer advocates challenge FTC's approval for BLPC to recover generator costs from customers, prompting a review request citing concerns over rate regulation and lack of public scrutiny in the decision-making process.
November 22, 2024
Barbados and India Strengthen Bilateral Ties at India-CARICOM Summit: Key Areas of Cooperation Discussed
Barbados and India strengthen bilateral ties at India-CARICOM Summit. Discussions focus on health, pharma, climate change, culture, and economic collaboration. Modi offers expertise in agriculture and technology development.
November 21, 2024
Barbados Light & Power Company Granted Permission for New Evidence in FTC Rate Decision Appeal
Barbados Light & Power Company (BL&P) gains approval to present new evidence in court to challenge Fair Trading Commission's electricity rate decision. Appeal trial to commence on December 3.
November 21, 2024
Barbados Wins Top Honors at 2024 Taste of the Caribbean Competition in Miami
Barbados wins Caribbean National Culinary Team of the Year at 2024 Taste of the Caribbean competition in Miami. Dejuan Toppin and Alex Chandler also receive individual awards. Event held alongside CHTA's CHIEF conference.
November 20, 2024
Barbados Opposition Leader Challenges Government's Borrowing Resolution: A Closer Look at Debt Repurchase and Re-Financing
Opposition Leader Ralph Thorne challenges Government's $600 million borrowing from local banks to buy back high-cost debt, aiming to refinance and create fiscal space for key projects. Opposition criticizes lack of transparency.