Business

Barbados Collaborates with IFC to Develop Lamberts Wind Farm, Boosting Clean Energy Production

May 16, 2024

Barbados Collaborates with IFC to Develop Lamberts Wind Farm, Boosting Clean Energy Production

Barbados partners with IFC to develop Lamberts Wind Farm in St. Lucy and St. Peter parishes, aiming to boost clean energy production, tackle climate change, and lower energy costs.

Barbados Prepares for ICC Men’s T20 World Cup Final Amid Controversy and Preparation: A Closer Look

May 16, 2024

Barbados Prepares for ICC Men’s T20 World Cup Final Amid Controversy and Preparation: A Closer Look

Barbados prepares to host the ICC Men’s T20 World Cup final amid controversy over venue announcement and funding sources. Kensington Oval undergoes refurbishment for the prestigious event.

Senators Criticize Government for Ineffective Business Facilitation Systems: Calls for Immediate Improvements

May 16, 2024

Senators Criticize Government for Ineffective Business Facilitation Systems: Calls for Immediate Improvements

Senators criticize government for failing to enhance business facilitation systems, citing ongoing issues with technology implementation and inefficiencies at key regulatory agencies like CAIPO and the banking system.

Barbados Revenue Authority Issues Tax Return Notifications to Taxpayers; Opposition Senator Questions Government's Move

May 16, 2024

Barbados Revenue Authority Issues Tax Return Notifications to Taxpayers; Opposition Senator Questions Government's Move

Barbados Revenue Authority notifies taxpayers to file outstanding tax returns for up to five years, with penalties and interest. Opposition Senator questions move, citing impact on non-residents, students, and low-income earners.

Adapting to Evolving Labour Laws: Insights from Legal and Business Experts

May 16, 2024

Adapting to Evolving Labour Laws: Insights from Legal and Business Experts

Panel of legal and business experts discuss thriving in evolving labor laws at Barbados Employers’ Confederation meeting. Emphasis on collaboration, compliance, and adapting to legislative changes for businesses to succeed.

Barbados' Corporation Tax Revenue Surpasses $400 Million, Strengthening Tax Regime Amid Offshore Tax Haven Claims

May 16, 2024

Barbados' Corporation Tax Revenue Surpasses $400 Million, Strengthening Tax Regime Amid Offshore Tax Haven Claims

Barbados earned $400 million in corporation tax from international entities last year, strengthening its tax regime to avoid being labeled an offshore tax haven. Minister Cummins emphasized compliance and transparency.

EU Launches Investigation into Facebook and Instagram for Potential Breaches of Child Safety Rules

May 16, 2024

EU Launches Investigation into Facebook and Instagram for Potential Breaches of Child Safety Rules

EU regulators are investigating Meta Platforms' Facebook and Instagram for potential breaches of child safety rules under the Digital Services Act, citing concerns over harmful content and behavioral addictions in children.

Caribbean Travel Forum 2022: Visioning the Future of Regional Tourism with Leading Experts

May 15, 2024

Caribbean Travel Forum 2022: Visioning the Future of Regional Tourism with Leading Experts

The Caribbean Hotel and Tourism Association (CHTA) will host the annual Caribbean Travel Forum on May 20 in Montego Bay, Jamaica, focusing on the region's tourism landscape and industry insights. Key speakers include travel writer Doug Lansky and CHTA President Nicola Madden-Greig.

Paving Commences for White Hill, St. Andrew Under Scotland District Road Rehabilitation Project

May 15, 2024

Paving Commences for White Hill, St. Andrew Under Scotland District Road Rehabilitation Project

Paving begins on phase one of White Hill, St. Andrew under the Scotland District Road and Bridge Rehabilitation Project. Ministry of Transport and Works and contractors advise route planning.

Ministry of Home Affairs & Information Renovation Updates: Marriage Licence Office Temporary Relocation & Contact Details

May 15, 2024

Ministry of Home Affairs & Information Renovation Updates: Marriage Licence Office Temporary Relocation & Contact Details

The Ministry of Home Affairs and Information at Jones Building, Webster Business Park, Wildey, St. Michael, will undergo renovations from May 21 to July 14. Temporary office relocations and closures are in effect. Contact details provided.

2024 Barbados Celtic Festival Kicks Off, Promising Cultural and Economic Opportunities

May 15, 2024

2024 Barbados Celtic Festival Kicks Off, Promising Cultural and Economic Opportunities

The 2024 Barbados Celtic Festival, featuring cultural exchanges and economic growth opportunities, will host participants from various countries from May 14 to 19. The event aims to boost the local economy and small businesses.

Limited Business Outlook for Car Rental Companies Ahead of ICC Men's T20 World Cup in Barbados

May 15, 2024

Limited Business Outlook for Car Rental Companies Ahead of ICC Men's T20 World Cup in Barbados

Car rental companies in Barbados are experiencing low bookings for the upcoming ICC Men’s T20 World Cup. Operators attribute this to visitors opting for group tour packages with included transportation.

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