Business
September 19, 2024
Barbados Workers’ Union Calls for Compassion and Responsibility from Tourism Leaders Amid Industry Layoffs
Barbados Workers’ Union General Secretary Toni Moore urges tourism industry leaders to prioritize workers facing redundancy and uphold the spirit of partnership for sector success amid layoffs at Sandals and Wyndham Grand Barbados Sam Lord’s Castle Resort.
September 18, 2024
Massy Group Confirms Dividend Payments in Local Currencies for Shareholders in Barbados and Jamaica
Massy shareholders in Barbados and Jamaica will continue to receive dividends in local currencies, not US dollars. Future foreign shareholders outside these countries will be paid in Trinidad and Tobago or Jamaica dollars.
September 18, 2024
BAS Urges BADMC as Sole Importer Amid Poultry Market Concerns from Jamaica
Barbados Agricultural Society (BAS) urges BADMC to regulate poultry imports from Jamaica, citing unfair competition and impact on local farmers. Concerns raised about potential trade practices and need for level playing field.
September 18, 2024
Pine Hill Dairy Reports Increase in Local Milk Supply Amid Dairy Industry Supply Challenges
Pine Hill Dairy reports improved milk supply from Barbadian farmers, leading to increased availability of some products. Challenges persist, with shortages of popular items addressed through imports and operational optimizations.
September 18, 2024
Minister of Labour Colin Jordan Warns of Legal Action Against Employers for Exploitative Practices
Minister of Labour Colin Jordan warns of legal action against employers for exploitative practices, emphasizing dignity for older workers and addressing misclassification to avoid National Insurance contributions.
September 18, 2024
Dover, Christ Church Vendors Express Concerns Over Proposed Renovations by National Conservation Commission
Dover vendors express concerns over proposed renovations by NCC, citing lack of consultation and communication. NCC officials deny accusations, stating willingness to accommodate vendors' preferences.
September 16, 2024
Barbadian Financial Analyst Avinash Persaud Proposes Fund to Double Investment in Renewable Energy in Latin America and the Caribbean
Barbadian Financial Analyst Avinash Persaud proposes a fund to double investment in renewable energy by leveraging existing loans in Latin America and the Caribbean. The fund aims to accelerate mitigation in developing countries.
September 15, 2024
Barbados Embarks on Comprehensive Digital Transformation with Emphasis on Cybersecurity Infrastructure, GovTech Barbados CEO Reveals
Barbados is undergoing a digital transformation with a focus on cybersecurity infrastructure. The government aims to digitize services, prioritize citizen-centric delivery, and streamline public services for efficiency and accessibility.
September 14, 2024
Barbadians Encouraged to Embrace Intrapreneurship and Financial Literacy for Generational Wealth Building
Barbadians urged to focus on generational wealth by embracing financial literacy and intrapreneurship. Minister Cummins emphasizes the importance of multiple income streams and long-term business sustainability.
September 14, 2024
US Proposes New Taxes on Chinese Shipments to Curb Influx from Online Retailers Shein and Temu
US proposes new taxes on low-value shipments from China, targeting firms like Shein and Temu to prevent abuse of the $800 exemption. Companies defend business models amid increased scrutiny.
September 14, 2024
Barbados Hotel and Tourism Association (BHTA) Sets Sights on Transformative 2025 Tourism Goals
BHTA CEO outlines ambitious plans for Barbados tourism industry, aiming for 2025 to be a landmark year with increased arrivals and global recognition. Focus on overcoming annual tourism slump and enhancing summer season with events and attractions.
September 14, 2024
Promoting Responsible Driving: Sagicor General Insurance Launches Sagicor Drive Feature in GO App for Safe Driving Rewards and Discounts
Sagicor General Insurance introduces Sagicor Drive feature in the Sagicor GO app to promote safe driving habits. Users receive rewards for good driving behavior through personalized feedback and incentives.