Business

IMF Team to Conduct Economic Performance Review in Barbados Tomorrow

September 8, 2024

IMF Team to Conduct Economic Performance Review in Barbados Tomorrow

IMF team to assess Barbados' economic performance with regular 'check-in' meetings. Central Bank Governor highlights country's economic growth. Meetings aid in preparing for Extended Fund Facility review missions.

Barbados Tourism Week 2024 Events Highlighting Tourism Sector's Global Impact and Economic Growth

September 7, 2024

Barbados Tourism Week 2024 Events Highlighting Tourism Sector's Global Impact and Economic Growth

Barbados Tourism Marketing Inc (BTMI) unveils Tourism Week 2024 events, including Tourism MegaFest showcasing diverse offerings, demonstrations, and virtual reality experiences. Celebrations coincide with World Tourism Day.

Minister Gooding-Edghill Advocates for Increased Caribbean Support for Tourism Stakeholders at ASTA Caribbean Showcase in Curaçao

September 7, 2024

Minister Gooding-Edghill Advocates for Increased Caribbean Support for Tourism Stakeholders at ASTA Caribbean Showcase in Curaçao

Minister Ian Gooding-Edghill advocates for enhanced Caribbean support for strategic tourism stakeholders to boost economic development. Emphasizing partnerships with entities like Sandals Resorts and ASTA for regional tourism sustainability.

Barbadians Urged to Complete Christmas Shopping Early Amid Expected Price Hikes on Goods Due to Rising Freight Rates

September 7, 2024

Barbadians Urged to Complete Christmas Shopping Early Amid Expected Price Hikes on Goods Due to Rising Freight Rates

Barbadians urged to complete Christmas shopping early due to expected sharp increase in goods prices from rising freight rates. Consumers advised to act quickly to avoid higher costs.

Barbados Faces Job Losses as Artificial Intelligence (AI) Impacts Workforce: HR Expert Urges Retraining

September 6, 2024

Barbados Faces Job Losses as Artificial Intelligence (AI) Impacts Workforce: HR Expert Urges Retraining

Barbados faces potential job losses due to AI and tech advancements, prompting HRMAB to emphasize retraining and workforce adaptation. Conference aims to bridge gap between people and technology for future job market.

Barbados Agricultural Society Urges Review of Chicken Wing Imports Over Local Farmers' Livelihoods

September 6, 2024

Barbados Agricultural Society Urges Review of Chicken Wing Imports Over Local Farmers' Livelihoods

Barbados Agricultural Society criticizes the artificial demand for imported chicken wings, arguing it harms local farmers and promotes falsehoods. CEO advocates for supporting local producers and reducing reliance on imports.

Privately-Run Group Proposes Transport Revamp in St Andrew, Barbados, Including Pilot Scheme and Scenic Bus Route

September 5, 2024

Privately-Run Group Proposes Transport Revamp in St Andrew, Barbados, Including Pilot Scheme and Scenic Bus Route

Privately-run PSV group proposes St Andrew Bus Transport Project to revamp transport system, merging routes and introducing scenic island bus route to encourage public transport use. Cooperation with authorities crucial for success.

Sagicor Bank Named Best Consumer Digital Bank in Barbados by Global Finance Magazine

September 5, 2024

Sagicor Bank Named Best Consumer Digital Bank in Barbados by Global Finance Magazine

Sagicor Bank (Barbados) named 'best consumer digital bank' by Global Finance magazine in 2024 awards. Recognized for excellence in various categories including information security, lending, and innovation.

Rentokil Initial Barbados Launches Eco-Friendly Termite Prevention Product, Termifilm, at Courtyard Marriott Resort

September 5, 2024

Rentokil Initial Barbados Launches Eco-Friendly Termite Prevention Product, Termifilm, at Courtyard Marriott Resort

Rentokil Initial Barbados launches Termifilm, an eco-friendly pre-construction termite treatment with 2.5% permethrine. Addressing environmental concerns, it acts as a physical and chemical barrier against termites and moisture. Approved by FCBA.

Government and International Support for Barbados Boat Owners Affected by Hurricane Beryl and Improving Fishing Sector

September 5, 2024

Government and International Support for Barbados Boat Owners Affected by Hurricane Beryl and Improving Fishing Sector

Government, CARICOM neighbors, and international banks plan to provide nearly $2 million to boat owners affected by Hurricane Beryl in Barbados. Assistance includes grants for repairs and new boat purchases.

Barbados Fire Service Quickly Controls Intense Blaze at Builders Value Mart Warehouse in St Michael

September 4, 2024

Barbados Fire Service Quickly Controls Intense Blaze at Builders Value Mart Warehouse in St Michael

Barbados Fire Service swiftly contained a warehouse fire at Builders Value Mart in St Michael. No injuries reported, cause unknown. Owner expresses devastation over losses. Business operations unaffected.

DLP Urges Ease in Fuel Prices in Barbados Amid Global Oil Price Decrease

September 4, 2024

DLP Urges Ease in Fuel Prices in Barbados Amid Global Oil Price Decrease

The Democratic Labour Party (DLP) urges for fuel price reduction in Barbados, citing stagnant prices despite global oil cost decreases. Senator Ryan Walters highlights concerns and calls for transparency from the Energy Minister.

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