Business
November 20, 2024
Analyzing Barbados' High Fuel Costs and Their Economic Impact on Businesses and Consumers
This article discusses the impact of high fuel costs on businesses and living expenses in Barbados. It examines factors contributing to the high prices and the need for government intervention to make utilities more affordable for citizens.
November 20, 2024
Barbados Emerges as Lucrative Gateway for UK Trade and Investment Opportunities: Highlights from the 2024 Mission
Barbados positions itself as a gateway for UK trade and investment, highlighting stable economy and infrastructure. UK Trade and Investment Mission to Barbados strengthens partnerships for lucrative opportunities.
November 20, 2024
Central Bank Governor Greenidge Addresses Concerns Over Foreign Exchange Access for Overseas Investments
Central Bank Governor Dr Kevin Greenidge addresses concerns on accessing foreign exchange for overseas investments, citing ample reserves and ease of transactions through foreign currency accounts. Access through the Central Bank's Forex Online portal is available.
November 19, 2024
Hilton Barbados Hosts 'Harbouring Hope: Operation Blue Recovery' Charity Gala for Hurricane-Hit Fisherfolk in Barbados
A charitable gala at Hilton Barbados Resort raised $100,000 for fisherfolk affected by Hurricane Beryl. The event showcased ocean-inspired arts to support Barbados' devastated fishing industry.
November 19, 2024
Analyzing the Concerns Surrounding the Construction of a Tier 3 Data Centre Amidst Government IT Infrastructure Challenges
The article discusses a recent government email system outage, highlighting trust breaches and operational challenges. It questions the support for constructing a Tier 3 data center due to reliability issues and financial sustainability concerns.
November 19, 2024
Barbados Agricultural Society CEO Assures Poultry Supply Chain Stabilising, Chicken Returning to Stores Soon
Barbados Agricultural Society CEO James Paul assures Barbadians of stabilizing poultry supply chain, with chicken set to return to stores soon. Challenges faced, but system not in total breakdown.
November 18, 2024
Climate Risks Ignored by Businesses in Barbados and the Caribbean, ACCA Study Finds
Businesses in Barbados and the Caribbean are inadequately prepared for climate-related risks, as highlighted in ACCA's report on building resilience against climate disruptions in the region.
November 17, 2024
Pine Hill Dairy Update: More Consistent Supply of Evaporated and Vanilla Milk Expected by Year End
Barbadians can expect a more consistent supply of evaporated and vanilla milk on supermarket shelves by year-end, as Pine Hill Dairy addresses challenges with overseas suppliers and aims for normalcy.
November 15, 2024
Barbados Hosts CHICOS 2024: Minister Encourages Investment Opportunities in Caribbean Tourism Sector
Barbados hosts the Caribbean Hotel Investment Conference and Operations Summit, showcasing investment opportunities in tourism. Minister of Tourism highlights incentives for investors and ambitious projects in the sector.
November 14, 2024
Government Policy, Rising Costs, and Business Impact: Examining Barbados Light & Power Rate Increase
Government policy and regulation impact business costs. Recent electricity rate increase in Barbados sparks debate as BLPC passes rental costs to consumers, raising concerns about sustainability and consumer burden.
November 14, 2024
Barbados Business Leader Urges Enhanced Border Security Amid Rising Gun Violence Concerns
Barbados Private Sector Association Chairman Trisha Tannis emphasizes the need for enhanced border security to combat the rise in gun violence impacting businesses, citing concerns over the influx of assault weapons.
November 13, 2024
Barbados Bankers Association Applauds Country's Growing Economy, Citing 3.9% Overall Growth and Fiscal Achievements
Barbados Bankers Association praises country's 3.9% economic growth, fiscal policies, and credit rating upgrades. President McIntosh highlights positive outlook but raises concerns about rising crime rates.