Business
September 3, 2024
Mastercard Driving Digital Payments Evolution in the Caribbean: Insights & Trends for 2021
The article discusses the global shift towards digital payments, particularly in the Caribbean, driven by Mastercard's financial technology leadership. It highlights benefits for individuals, businesses, and communities, aiming for enhanced financial inclusion.
September 3, 2024
Rihanna Fenty Named Face of J’Adore Dior Fragrance in Stunning New Commercial
Rihanna Fenty becomes the new face of J’Adore Dior fragrance, starring in a glamorous commercial set in the Palace of Versailles, directed by Stephen Klein.
September 3, 2024
Challenges and Government Aid for Fishing Industry Recovery Post-Hurricane Beryl
Concerns persist over repair quality and skilled labor availability for restoring fishing boats post-Hurricane Beryl. Government aid of nearly $2 million announced to assist boat owners; structural challenges in the industry noted.
September 3, 2024
Air Traffic Controllers and Aeronautical Officers Embroiled in Industrial Dispute Threatening Air Navigation Services in Barbados
Growing industrial dispute between air traffic controllers and aeronautical officers in Barbados over pay, staffing, and working conditions threatens air navigation services. National Union of Public Workers raises concerns.
September 3, 2024
Government to Launch Business Leads Network to Support Small Businesses by Year-End
Government launches Business Leads Network to support small businesses, connecting them to new opportunities for sectoral diversification and external markets. Portal set to be operational by year-end.
September 3, 2024
Barbados Agricultural Society CEO Warns of Threat to Nation's Food Security from Farmland Conversion
Barbados Agricultural Society CEO James Paul warns of the threat to food security as farmland is converted for residential and commercial use, impacting agricultural production and young farmers' access to land.
September 3, 2024
Government Regulation vs. Self-Regulation in Handling Private Sector Operations: A Critical Analysis
Government regulation versus self-regulation in private sectors is debated. "Big business" argues for self-regulation, citing expertise. Some sectors require government oversight to prevent widespread impact, as seen in the 2007/2008 global financial crisis.
September 2, 2024
Barbados Trade Deficit Widens to $1.6 Billion in First Half of 2024: BSS Report
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
Challenges Persist as Fishing Industry Receives Government Aid for Hurricane Beryl Recovery
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
SBA and Government Collaborate on Promoting Small Business Expansion to Global Markets, Including Africa, with Online Portal in the Works
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 Toni Moore Urges Action on Rising Living Costs and Minimum Wage Concerns
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
Local Financial Conglomerate Reports Reduced Net Profit Due to Government’s Tax Changes
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.