September 2, 2024
Barbados' trade deficit reached $1.6 billion in the first half of the year, driven by increased imports overshadowing export growth, as per the Barbados Statistical Service's trade bulletin for June.
September 2, 2024
Concerns persist over repair quality and skilled labor availability for hurricane-damaged fishing boats. Government aid of nearly $2 million announced by Prime Minister Mia Mottley to support affected boat owners. International assistance pledged. Structural challenges in the industry highlighted.
September 1, 2024
Government and SBA focus on expanding small businesses to global markets, including Africa. Plans for an online portal to connect firms with opportunities in tourism, energy, and more. Initiatives to support exports and community donations highlighted.
September 1, 2024
Barbados Workers Union's General Secretary Toni Moore advocates for addressing rising living costs, inadequate minimum wage, and worker exploitation through precarious contracts. Calls for a living wage and economic justice.
August 30, 2024
Government tax changes impact Cave Shepherd & Co Limited's financials. Revenue rises to $17.46M, but net profit drops to $7.63M due to increased tax rate of 9%. Retail and new subsidiary operations also discussed.
August 30, 2024
Keithroy Halliday, acting CEO of Barbados Water Authority, announces departure after 7 years. Highlights include transformation efforts, staff appreciation, and future prospects for the authority under new leadership.
August 29, 2024
Barbados Water Authority's acting CEO Keithroy Halliday resigns after seven years, citing pursuit of new opportunities aligned with personal and professional goals. Transition plans underway for seamless handover.
August 29, 2024
The Barbados Co-operative & Credit Union League partners with Sagicor Bank and VENTI Global to launch a digital wallet, enhancing financial access for credit union members and facilitating secure transactions across institutions.
August 28, 2024
Rentokil Initial Barbados celebrates its 60th anniversary by donating over $4,500 in cash and vouchers to local charities, including food supplies, school supplies, and electronic devices. General Manager Paula Jackman reflects on the company's growth and community support.
August 27, 2024
Ricky Went advocates for a shared financial responsibility in implementing battery energy storage systems (BESS) in Barbados to avoid burdening BL&P customers. FTC's approval and implications are discussed.
August 27, 2024
Andrea Franklin appointed CEO of Barbados Tourism Marketing Inc by Minister Ian Edghill. Franklin aims to enhance Barbados tourism visibility and economic impact. Interview reveals her vision for the industry.
August 25, 2024
The article discusses the ongoing transformation of the traditional workplace due to new technologies and changing demographics. It emphasizes the importance of preparing young workers for the evolving work environment.