Business

Caribbean Court of Justice Reserves Judgement on BAICO Policyholders Case Against T&T Government Bailout Decision

May 1, 2024

Caribbean Court of Justice Reserves Judgement on BAICO Policyholders Case Against T&T Government Bailout Decision

BAICO policyholders await CCJ judgement on lawsuit against T&T government over CL Financial bailout favoring local subsidiaries, alleging breach of RTC by discriminating against regional policyholders.

IMF Surcharges on Barbados Repayments Raise Concerns Over Excessive Fees and Policy Review

May 1, 2024

IMF Surcharges on Barbados Repayments Raise Concerns Over Excessive Fees and Policy Review

Barbados faces controversial surcharges by the IMF, totaling millions in fees on top of loan repayments. Discussions ongoing to address the issue, with a review scheduled for 2024.

Barbados Central Bank to Issue New Guidelines on Commercial Bank Fees for Economic Development

April 30, 2024

Barbados Central Bank to Issue New Guidelines on Commercial Bank Fees for Economic Development

The Central Bank of Barbados plans to issue new guidelines to commercial banks, focusing on customer fees to stimulate economic growth. Governor Dr Kevin Greenidge emphasizes collaboration with banks for mutual benefit.

Effects of Climate Change on Local Agriculture and Economic Contribution, Central Bank Governor Warns

April 30, 2024

Effects of Climate Change on Local Agriculture and Economic Contribution, Central Bank Governor Warns

Climate change impacts local agriculture, affecting economic contribution. Adverse weather in 2023 led to lower crop yields and milk production, raising domestic food prices. Central Bank reports decreased agricultural output due to weather conditions.

Highway 1 Maintenance Work in St James to Resume Tonight: Expect Delays and Follow Road Crew Instructions

April 29, 2024

Highway 1 Maintenance Work in St James to Resume Tonight: Expect Delays and Follow Road Crew Instructions

Highway 1 construction from Lower Carlton to Holetown in St James resumes tonight. Expect delays as C.O. Williams Construction works overnight for two weeks. MTW and C.O.W. appreciate public cooperation.

Global Supply Chains, Climate Change, and Trade Facilitation: A Comprehensive Analysis

April 28, 2024

Global Supply Chains, Climate Change, and Trade Facilitation: A Comprehensive Analysis

Global supply chains are key contributors to greenhouse gas emissions in international trade. Climate adaptation and mitigation efforts are crucial to address the impact of climate change on supply chains and trade competitiveness.

Mastering Sustainable Business Development and Resilience for Success

April 28, 2024

Mastering Sustainable Business Development and Resilience for Success

Explore the importance of sustainable business development and resilience in navigating change. Learn how prioritizing stakeholder happiness can drive growth and profitability through productivity and efficiency.

Elon Musk to Discuss Enabling Full Self Driving (FSD) on Tesla Cars in China Amid Safety Concerns

April 28, 2024

Elon Musk to Discuss Enabling Full Self Driving (FSD) on Tesla Cars in China Amid Safety Concerns

Elon Musk visits Beijing to discuss enabling Full Self Driving (FSD) on Tesla cars in China. Tesla aims for deep cooperation with China amid autonomous driving mode discussions and market competition.

Barbados Association of Masqueraders President Calls for Increased Corporate Support for Crop Over Festival Amid Rising Costume Prices

April 27, 2024

Barbados Association of Masqueraders President Calls for Increased Corporate Support for Crop Over Festival Amid Rising Costume Prices

Sponsorship challenges in Barbados lead to high costume prices for Crop Over Festival, as highlighted by BAM president Jason Thompson. Corporate support is urged to alleviate financial strain on revellers.

The University of the West Indies Appoints Dr Dodridge Miller as 7th Chancellor

April 27, 2024

The University of the West Indies Appoints Dr Dodridge Miller as 7th Chancellor

Dr Dodridge Miller appointed as the 7th Chancellor of The University of the West Indies, succeeding Robert Bermudez. With over 30 years of leadership in finance, he is set to begin his seven-year term on August 1.

Federal AI Advisory Board Formed to Enhance National Security and Cyber Threat Preparedness

April 27, 2024

Federal AI Advisory Board Formed to Enhance National Security and Cyber Threat Preparedness

Federal board, including CEOs of OpenAI, Microsoft, and Google, to advise US government on safe AI development. Aim is to combat AI-related threats to national security and infrastructure.

Time Capsule Sealed at CIBC Caribbean Head Office, Filled with Mementos for Future Team - Details of Ceremony and Contents Inside

April 27, 2024

Time Capsule Sealed at CIBC Caribbean Head Office, Filled with Mementos for Future Team - Details of Ceremony and Contents Inside

A time capsule was sealed at the CIBC Caribbean Head Office in Warrens, containing mementos like a letter from CEO Mark St. Hill, signed napkin by Prime Minister Mia Mottley, and various items for future generations.

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