Business

Barbados and India Strengthen 59-Year Diplomatic Relationship: Emphasis on Enhanced Cooperation and Recognition for COVID-19 Response

March 6, 2025

Barbados and India Strengthen 59-Year Diplomatic Relationship: Emphasis on Enhanced Cooperation and Recognition for COVID-19 Response

Barbados and India strengthen diplomatic ties with enhanced cooperation, recognizing India's support during the pandemic. Focus on political, commercial collaboration highlighted at ceremony honoring Prime Minister Modi.

Government Unveils Nationwide Cooperative Programme to Empower Entrepreneurs and Boost Efficiency

March 6, 2025

Government Unveils Nationwide Cooperative Programme to Empower Entrepreneurs and Boost Efficiency

Government unveils nationwide cooperative programme to empower entrepreneurs, reduce costs, and drive efficiency. Initiative coincides with UN's International Year of Cooperatives, emphasizing benefits of collaboration for sustainable business growth.

Man Charged with Murder and Drug Offenses, Remanded in Custody Until March 31

March 4, 2025

Man Charged with Murder and Drug Offenses, Remanded in Custody Until March 31

Rachad Rudolf Hoyte, 32, faces murder charges for the November 9, 2022 incident. Additionally, he is accused of drug-related offenses and retaining foreign currency unlawfully. Remanded to prison until March 31.

British Virgin Islands (BVI) and Dominican Republic Initiate Economic Cooperation Talks with Focus on Trade and Agriculture | UN ECLAC Meeting Highlights

February 27, 2025

British Virgin Islands (BVI) and Dominican Republic Initiate Economic Cooperation Talks with Focus on Trade and Agriculture | UN ECLAC Meeting Highlights

British Virgin Islands and Dominican Republic discuss enhancing economic ties, focusing on trade, agriculture, and regional collaboration. Officials aim to establish an official dialogue for economic cooperation and explore development partnerships.

Barbados Minister of Labour Commends KFC and BWU Wage Agreement as Testament to Strong Industrial Relations System

February 27, 2025

Barbados Minister of Labour Commends KFC and BWU Wage Agreement as Testament to Strong Industrial Relations System

Minister Colin Jordan commends Barbados Workers’ Union and KFC for securing a nine per cent pay increase through collective bargaining, emphasizing fair wages and job security in industrial relations.

Financial Services Commission (FSC) Plans Comprehensive Legislative Revamp for Enhanced Flexibility and Regulation

February 27, 2025

Financial Services Commission (FSC) Plans Comprehensive Legislative Revamp for Enhanced Flexibility and Regulation

The Financial Services Commission (FSC) is undergoing a legislative revamp to introduce flexible legislation, reducing the need for major future changes. The changes aim to meet stakeholders' needs and include risk-based requirements.

Government Unveils Plans for E-Conveyancing to Revolutionize Property Transfer System

February 27, 2025

Government Unveils Plans for E-Conveyancing to Revolutionize Property Transfer System

Government introduces e-conveyancing to modernize property transfer system, aiming to eliminate inefficiencies, reduce costs, and expedite land ownership processes. Minister emphasizes need for improved accessibility and alignment with global standards.

Jonathan Reid Sworn in as Senator and Minister of Innovation, Industry, Science, and Technology: Government's Focus on Digitization and Public Engagement

February 26, 2025

Jonathan Reid Sworn in as Senator and Minister of Innovation, Industry, Science, and Technology: Government's Focus on Digitization and Public Engagement

Jonathan Reid, former Chief of Staff, sworn in as senator and Minister of Innovation, Industry, Science, and Technology, focusing on digitization and boosting scientific and technological development in Barbados.

Barbados Tourism Achieves Remarkable Growth in 2024, Surpassing Pre-Pandemic Figures

February 26, 2025

Barbados Tourism Achieves Remarkable Growth in 2024, Surpassing Pre-Pandemic Figures

Barbados' tourism in 2024 surpassed 2019 levels, with the US, UK, and Canada leading in visitor arrivals. Cruise tourism also saw a significant increase, with positive outlook for 2025.

Barbadians Express Concern Over Rebranding of Hanschell Inniss Ltd and Collins Ltd Amidst Ownership Changes

February 25, 2025

Barbadians Express Concern Over Rebranding of Hanschell Inniss Ltd and Collins Ltd Amidst Ownership Changes

Barbadians express concerns over upcoming rebranding of Hanschell Inniss Ltd and Collins Ltd by Trinidad-based Agostini Ltd. Retail stores to keep original names amid regional rebranding.

BICO's Return to Milk Production Sparks Concerns Among Barbados Agricultural Society CEO

February 25, 2025

BICO's Return to Milk Production Sparks Concerns Among Barbados Agricultural Society CEO

BICO's return to milk production sparks controversy as BAS CEO criticizes importation of powdered milk, citing concerns over food dependency and differences from locally produced milk.

CARICOM Chair Signals Focus on Cybersecurity Amidst Climate and Financial Concerns

February 25, 2025

CARICOM Chair Signals Focus on Cybersecurity Amidst Climate and Financial Concerns

Prime Minister Mia Mottley emphasizes the importance of cybersecurity alongside climate crisis and financial reforms during her CARICOM chairmanship. Cybercrime's economic impact in the Caribbean is discussed at the Aliv Business Cybersecurity Summit.

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