Business

COVID-19's Impact on Digital Transformation of Outdated Processes in Barbados

May 28, 2024

COVID-19's Impact on Digital Transformation of Outdated Processes in Barbados

COVID-19 catalyzed digital transformation in Barbados, replacing outdated processes with efficient online services like food delivery and banking. The pandemic highlighted the benefits of digital solutions for public services.

Caribbean Businesses Embrace Cluster Consolidation for Competitive Advantage: Expert Insights from Global Supply Chain Forum

May 28, 2024

Caribbean Businesses Embrace Cluster Consolidation for Competitive Advantage: Expert Insights from Global Supply Chain Forum

Caribbean businesses are forming clusters to enhance competitiveness due to small domestic markets. Economist Winston Moore emphasizes the importance of well-functioning supply chains for regional development and resilience.

Oistins Gears Up for ICC Men’s T20 Cricket World Cup with Extensive Upgrades and Enhanced Facilities

May 28, 2024

Oistins Gears Up for ICC Men’s T20 Cricket World Cup with Extensive Upgrades and Enhanced Facilities

Oistins gears up for ICC Men’s T20 Cricket World Cup with $5 million upgrades, including improved facilities, lighting, and security. Community excited for tournament's opening on Sunday.

Barbados Farms Limited Reports Financial Challenges Amid Revenue Growth: Shares Insights Ahead of Shareholders Meeting

May 27, 2024

Barbados Farms Limited Reports Financial Challenges Amid Revenue Growth: Shares Insights Ahead of Shareholders Meeting

Barbados Farms Limited faces a challenging financial year with a reported after-tax loss of $3.94 million, despite a revenue increase in crop cultivation. Plans for solar PV installations aim to enhance profitability.

Central Bank of Barbados Celebrates Commitment and Excellence at 2024 Staff Awards Gala

May 26, 2024

Central Bank of Barbados Celebrates Commitment and Excellence at 2024 Staff Awards Gala

The Central Bank of Barbados recognized outstanding employees at the 2024 Staff Awards Gala, emphasizing excellence, empowerment, and celebration of long-serving staff members. Governor Dr Kevin Greenidge highlighted employee dedication and achievements.

Private Sector Strategies in Non-Commercial Spaces: A Global Perspective

May 26, 2024

Private Sector Strategies in Non-Commercial Spaces: A Global Perspective

Exploring the integration of private sector practices into non-commercial spaces in global and Caribbean business environments, emphasizing efficiency and strategic partnerships for enhanced operations and leadership development.

Barbados Strengthens Diplomatic Ties for Sustainable Development, Embraces UN Commitments

May 26, 2024

Barbados Strengthens Diplomatic Ties for Sustainable Development, Embraces UN Commitments

Barbados strengthens diplomatic ties and commitment to sustainable development, expanding UN presence and partnering with private sector to achieve Sustainable Development Goals and embed core principles for economic competitiveness and social equity.

Caribbean Companies Embrace Innovative Sustainability Approaches, Urged by General Insurance Association of Barbados Executive

May 26, 2024

Caribbean Companies Embrace Innovative Sustainability Approaches, Urged by General Insurance Association of Barbados Executive

The Caribbean is adapting to a changing sustainability landscape, with a focus on innovative approaches to address climate change, poverty, and food security. Private sector involvement and awareness are key.

Global Workforce Gender Disparity Highlighted by ILO Director General at UNCTAD Forum

May 25, 2024

Global Workforce Gender Disparity Highlighted by ILO Director General at UNCTAD Forum

The director general of the International Labour Organisation highlights gender disparities in global supply chains, with women underrepresented and facing challenges in key sectors, exacerbated by COVID-19 impacts.

Financial Literacy Advice for Young Females: Managing Income Wisely and Building Wealth from an Early Age

May 25, 2024

Financial Literacy Advice for Young Females: Managing Income Wisely and Building Wealth from an Early Age

Young females are advised to manage income wisely from a young age, allocating earnings towards savings and necessities. Financial literacy workshop emphasizes saving habits, investment, and retirement planning for girls aged 15-18.

Staging Major Events in Barbados: Boosting Economic Activity and Encouraging Community Participation

May 25, 2024

Staging Major Events in Barbados: Boosting Economic Activity and Encouraging Community Participation

Barbados gears up for economic boost with upcoming major events like the ICC Men’s T20 World Cup, We Gatherin’ 2025, and Carifesta ’25. Prime Minister emphasizes benefits for locals and encourages participation.

Barbados Prime Minister Encourages Businesses to Seize Economic Opportunities from Major Events

May 25, 2024

Barbados Prime Minister Encourages Businesses to Seize Economic Opportunities from Major Events

Barbados Prime Minister encourages businesses to seize economic opportunities presented by upcoming large-scale events, starting with T20 Cricket World Cup. Emphasizes potential for growth and showcasing local goods and services.

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