Business
December 4, 2024
BL&P Electricity Rate Appeal Trial Delayed in High Court as FSC Seeks Participation | Latest Update
Barbados Light & Power Company's electricity rate appeal trial faces delay as the Financial Services Commission seeks to join the proceedings, with a decision expected by January 20.
December 4, 2024
Ministry of Finance Seeks $324.3 Million in Unidentified Funding for Fiscal Year's Second Half
Government faces a funding gap of $324.3 million for the second half of the fiscal year, with potential risks due to revenue shortfalls or increased spending. Various financing options are being considered.
December 3, 2024
Rejuvenation of Bridgetown: Export Barbados' Investments Thriving at PeliCan Island
Bridgetown's rejuvenation is underway with Export Barbados' investment in PeliCan Island showing promising results. Deputy Prime Minister Bradshaw and CEO Hill highlight the area's transformation at the Design District Fashion Show.
November 29, 2024
Ministry of Energy Announces New Sustainable Energy Youth Empowerment Programme Offering Scholarships in Renewable Energy Trades
The Ministry of Energy and Business introduces a Sustainable Energy Youth Empowerment Programme offering scholarships in energy trades to prepare youth for renewable energy opportunities. Collaboration with local institutions supports the initiative.
November 29, 2024
Barbados Agricultural Society CEO Urges Transparency and Collaboration Amid Poultry Supply Concerns
Barbados Agricultural Society CEO James Paul urges transparency and collaboration in the face of potential poultry shortages ahead of Christmas, emphasizing the need for open communication and pragmatic solutions to support farmers.
November 28, 2024
Government Challenges Corporate Barbados to Improve Business Facilitation: Updates on Business Barbados Initiative
Government challenges corporate Barbados to improve business facilitation through the Business Barbados initiative, integrating AI and focusing on intellectual property. Minister Cummins emphasizes the need for sector-wide responsibility in enhancing efficiency.
November 27, 2024
GAIA Inc. Director of Operations, Mr. Piétrick Voyer, Honored with Airport Leader of the Future Award at International Airport Summit 2024
GAIA Inc.'s Director of Operations, Mr. Piétrick Voyer, receives the Airport Leader of the Future award at the International Airport Summit 2024 for his visionary leadership and commitment to excellence in airport operations.
November 27, 2024
Update: No Hennessy Artistry Event Scheduled for This Year, Brand Manager Confirms Focus on Local Arts and Entertainment
Hennessy Artistry in Barbados will not be held this year, with plans to invest in smaller events and local platforms instead. Future return is likely, focusing on music collaborations.
November 27, 2024
Opposition Leader Ralph Thorne Raises Concerns Over Barbados-US$500 Million MOU with EXIM Bank for Renewable Energy and Infrastructure Projects
Opposition Leader Ralph Thorne raises concerns over Barbados' US$500 million MOU with the US EXIM Bank, questioning the country's debt sustainability and economic dependence on external financing. Thorne urges focus on economic productivity.
November 27, 2024
Government MP Criticizes Corporate Registry in Barbados, Calls for Overhaul | Business Barbados Bill Discussed
Government MP criticizes Corporate Affairs and Intellectual Property Office (CAIPO) as inefficient and not business-friendly. Calls for overhaul through Business Barbados Bill to improve business registration and intellectual property services.
November 27, 2024
Consumers React to Proposed Egg Price Increase on Barbados Island
The DAILY NATION reports on the proposed increase in egg prices by eight cents per egg until year-end, with mixed reactions from consumers and business owners on the potential impact.
November 27, 2024
Barbados' 2024-2025 Mid-Year Review Reveals Revenue Surpasses Expectations by 12.5%
Barbados surpasses revenue expectations for 2024-2025 fiscal year by 12.5%, driven by strong corporate tax and property tax collections. VAT receipts fall short due to higher refunds, but economy remains positive.