Business
October 31, 2024
Central Bank Governor Issues Warning About Suspected Ponzi Scheme by TKY Media
Central Bank Governor warns of suspected Ponzi scheme by unregistered company TKY Media, promising quick earnings through upfront payments and exaggerated returns. Authorities investigating.
October 31, 2024
Russian Court Fines Google Record-Breaking Sum for Restricting State Media Channels on YouTube
A Russian court fines Google an astronomical sum for limiting state media channels on YouTube, surpassing Google's worth and the world's GDP. Tensions escalate amid media restrictions and geopolitical conflicts.
October 31, 2024
CEO of Small Business Association Addresses Challenges Amid Ongoing Chicken Shortage
SBA CEO Dr. Lynette Holder addresses the challenges faced by caterers and small food businesses due to the ongoing chicken shortage. Businesses resort to small-scale farmers for limited supplies amid struggles with larger suppliers.
October 31, 2024
Barbados Agricultural Society CEO Addresses Supply Disruptions and Transparency Concerns in Poultry Industry
Barbados Agricultural Society CEO addresses poultry supply disruptions, defends transparency efforts amid criticism from Minister of Agriculture. Emphasizes industry complexities and forecasts self-adjustment of reported shortages.
October 31, 2024
Barbados Achieves Record-Breaking Foreign Reserves and Economic Growth in 2024 Despite Challenges: Central Bank Report
Barbados achieves record foreign reserves of $3.2 billion in September 2024 amid 3.9% economic growth. Potential food price increases warned due to global uncertainties and import reliance.
October 31, 2024
Barbados Banks 'Largely Compliant' with New Market Conduct Guidelines, Accessibility Improvements Expected Within a Year
Central Bank of Barbados reports commercial banks largely compliant with new market conduct guidelines, focusing on retail banking operations, fees, account management, and access for vulnerable groups. Accessibility improvements may take up to a year.
October 30, 2024
Barbados Maintains High Visitor Satisfaction Rating Among Cruise Ship Passengers: Study Results Revealed
Barbados maintains high visitor satisfaction among cruise ship passengers, scoring 8.2 out of 10 in a recent survey. Passengers highly rate guided tours, friendliness of residents, and historic sites.
October 30, 2024
Starbucks to Discontinue Olive Oil-Infused Coffees in US and Canada Amid Menu Simplification Strategy
Starbucks discontinues olive oil-infused coffee range in the US and Canada to simplify menu and boost sales. The drinks will still be available in select international markets.
October 29, 2024
Maximizing Business Success Through Today's Technological Landscape: Strategies for Growth and Competitiveness
Explore strategies for business growth and competitiveness through fostering innovation and adapting to the technology-driven landscape. Learn about the Doing Business index and operational excellence through technology for enhanced efficiency and competitiveness.
October 29, 2024
Beware of MLM Scheme Promising Quick Earnings: Financial Services Commission Warns Barbadians
The Financial Services Commission warns against a deceptive MLM scheme targeting Barbadians, urging caution, research, and expert consultation before investing in such ventures.
October 29, 2024
Barbados Faces Chicken Shortage Crisis Amid Summer Losses, Minister Confirms
Barbados faces chicken shortage crisis due to heat and demand surge, with over 156,000 bird losses. Minister criticizes farm association denials, allocates $2M for loans to aid small poultry producers.
October 28, 2024
BARVEN President Urges Government Action Amid Bleak Christmas Produce Predictions
Some vendors warn of a challenging Christmas for produce due to water price issues and climate change impacting agriculture in Barbados. Calls for government action to support farmers.