Business
August 18, 2024
Economic Growth in Barbados: Central Bank Stands by 4.5% Estimate, Ensures Transparency in Data Reporting
Central Bank of Barbados confirms 4.5% economic growth in the first half of the year, addressing concerns on data accuracy and transparency. IMF validation supports reliability of economic reports.
August 18, 2024
Central Bank of Barbados Upholds Commitment to Accuracy and Transparency in Economic Reporting
The Central Bank of Barbados reaffirms its commitment to accuracy and transparency in economic reporting, ensuring reliability through rigorous analysis and external validation by the IMF for 2023 GDP estimates.
August 17, 2024
Barbados Light & Power Seeks Approval for Additional BESS Capacity and SCOs for Grid Stability
Barbados Light & Power Company progresses in acquiring battery energy storage systems for grid stability and renewable energy integration. Concerns raised over capacity limitations and need for additional infrastructure.
August 17, 2024
Title: Barbados Agricultural Society Threatens Protest Over Pork Imports: President Henderson Williams Stresses Need for Fair Market Practices
Barbados Agricultural Society (BAS) may protest against pork imports due to market concerns. President Henderson Williams emphasizes supporting local farmers and industry sustainability. CEO James Paul supports local production initiatives.
August 17, 2024
Barbados Renewable Energy Project in Jeopardy as BLPC and FTC Clash Over Battery Energy Storage Systems
Barbados Light & Power Company and Fair Trading Commission are at odds over a $400 million renewable energy project, potentially hindering sector development. Industry expert suggests resolution through Clean Energy Transition Rider.
August 17, 2024
Export Barbados Workers Protest Unfair Labour Practices and Demand Action, NUPW Calls for Resolution
Workers at Export Barbados/Barbados Industrial Development Corporation protest unfair labor practices and a toxic work environment. Union calls for urgent action from management to address mounting issues and prioritize mental well-being.
August 16, 2024
NCF's Focus Shifts to Artiste Management for Development and Growth
The National Cultural Foundation shifts focus to artiste management, emphasizing training for managers and the importance of professional development for artists. New talents like Tionne Hernandez and Grateful Co. are highlighted.
August 16, 2024
PIF Announces Multi-Year Partnership with Concacaf to Boost Football Growth in North America and the Caribbean
The Public Investment Fund partners with Concacaf to enhance football development in North America, Central America, and the Caribbean. The collaboration aims to boost tournaments and youth access to the sport.
August 16, 2024
Barbados Tourism Sector Faces Yearly Layoffs: Industry Players Address Seasonal Challenges
Barbados tourism sector faces seasonal layoffs, with Sandals announcing plans to lay off 200 employees. Industry struggles to maintain year-round occupancy rates, leading to exchange between BHTA and BWU.
August 16, 2024
Barbados Sees Record-Breaking Tourism Surge in 2024 Boosted by ICC T20 Cricket World Cup and Crop Over Festival
Barbados experiences a surge in tourism, with record-breaking arrivals driven by events like the ICC T20 Cricket World Cup and Crop Over festival. Significant growth in stayover and cruise visitors noted.
August 16, 2024
Exploring Locally-Produced Sargassum Seaweed Liquid Fertiliser for Sustainable Agriculture: A Potential Solution for Caribbean Farmers
Agricultural experts are testing a locally-produced liquid fertiliser from sargassum seaweed, potentially offering a cost-effective solution for farmers while addressing seaweed issues in the Caribbean.
August 16, 2024
Pork Producers Rally Against Surge in Imports, Seek Industry Consultation: BAS Supports Call for Greater Oversight
Pork producers in Barbados oppose increased pork imports, citing disruption to local production. The Barbados Agricultural Society supports farmers' calls for more consultation on import licences to protect their businesses.