November 26, 2024
Key reforms are needed in the Private Sector in Barbados and the Caribbean to enhance the business environment and firm productivity for long-term growth. Recommendations are outlined in the new IDB and Compete Caribbean publication.
November 26, 2024
Barbados' main egg producer suspends an 8-cent price hike on eggs following intervention by Minister of Agriculture, ensuring stable prices until after Christmas. Poultry production to meet holiday demand.
November 25, 2024
A fire at Warrens Shopping Complex in Barbados originated in a laundromat dryer, causing thick smoke and temporary closure of Massy Supermarket. Efforts are ongoing to reopen the store.
November 25, 2024
General Motors and TWG Global plan to enter Formula 1 in 2026 with Cadillac, building their own engine later. F1 welcomes the move, with GM set to pay a $450m anti-dilution fee.
November 25, 2024
Barbados and the U.S. Export-Import Bank sign a US$500 million MOU to enhance sectors like renewable energy, cybersecurity, water, and maritime awareness, supporting Barbados' renewable energy goals and digital security.
November 25, 2024
Barbados' largest egg supplier, Chickmont, has announced a temporary price increase due to a shortage of eggs caused by competitors. The Barbados Agricultural Society hopes this will not set a precedent.
November 24, 2024
interCaribbean Airways named "World’s Leading Regional Airline 2024" at World Travel Awards. Chairman Lyndon Gardiner accepts award, highlighting airline's global recognition and commitment to Caribbean connectivity and service excellence.
November 24, 2024
Barbadian hotelier Ralph Taylor proposes building a resort hotel within the University of the West Indies Cave Hill Campus, aiming to enhance tourism, offer practical experience to students, and boost economic benefits for Barbados.
November 23, 2024
Ralph Taylor emphasizes the importance of entrepreneurship, tourism, and youth in shaping the Caribbean's future, urging collaboration among various stakeholders for economic growth and development.
November 22, 2024
Japanese government approves $250 billion economic package to combat inflation and rising energy costs, aiming to boost disposable income and support low-income families. Opposition parties push for supplemental budget approval amid economic challenges.
November 22, 2024
The Caribbean Development Bank (CDB) is set to announce its new president by next month. Three candidates are being considered to succeed Dr. Hyginus Leon.
November 22, 2024
Consumer advocates challenge FTC's approval for BLPC to recover generator costs from customers, prompting a review request citing concerns over rate regulation and lack of public scrutiny in the decision-making process.