Business
February 28, 2024
Minister Proposes Enhancing Agricultural and Manufacturing Sectors for Economic Resilience
Minister Chad Blackman suggests reevaluating agricultural focus for increased resilience and integrating regional systems. Proposes strategic repositioning of manufacturing sector for global competitiveness and transition to renewable energy sources.
February 28, 2024
UNCTAD Official Highlights Bridgetown Initiative's Urgency in Addressing Global Financial Challenges
Richard Kozul-Wright, from UNCTAD, raises concerns that the global community isn't providing sufficient support for the Bridgetown Initiative to tackle development issues. Initiatives aim to address debt, climate, and inflation crises.
February 27, 2024
Ministry of Energy and Business Refutes 'Fake News' on Petroleum Price Adjustment, Issues Current Prices and Advisory | February 17, 2024
Stay informed on petroleum product pricing updates in Barbados. The Ministry of Energy and Business refutes recent claims and provides actual prices: gas - $4.22/l, diesel - $3.47/l, kerosene - $1.99/l.
February 27, 2024
Barbados Considers Jagdeo Initiative Partnership with Guyana to Boost Regional Food Production
Barbados considers adopting Jagdeo Initiative with Guyana to boost regional food production. Minister highlights benefits for business growth and opportunities in fast-growing Guyanese economy, leveraging strength of Barbados' currency.
February 27, 2024
Anti-Money Laundering Authority to Release Sectoral Risk Assessment for Attorneys-at-Law and Real Estate Agents
"The Compliance Unit of the Anti-Money Laundering Authority to release findings of sectoral risk assessment for attorneys-at-law and real estate agents on Thursday. Information will be available on website."
February 27, 2024
Barbados Removed from FATF Grey List, Impact on Financial Services Sector Explored
"Barbados successfully combats money laundering and terrorism financing, removing from FATF grey list. Strengthens financial sector integrity and stability, enhancing trust and opportunities for global business engagements."
February 26, 2024
Guyana Showcases Handcrafted Items and Agricultural Products at Agrofest to Impress Patrons
Discover Guyana's impressive handcrafted items at Agrofest, showcasing a diverse range of Amerindian-made products. From leather goods to agro-processed items, experience the rich cultural heritage and sustainable offerings from Guyana.
February 25, 2024
Export Barbados Introduces Locally Produced Gourmet Sugars to Global Market Through Food Science Centre
Discover locally produced gourmet sugars at Export Barbados' International Food Science Centre, featuring a variety of unique flavors like cinnamon, muscovado dark, and muscovado light sugars under Landship Foods brand. Engagement in support of Barbadian niche products and international certifications.
February 23, 2024
Barbados Successfully Removed from FATF Grey List, Boosting Confidence in AML Measures
Barbados has been removed from the FATF Grey List due to successfully implementing its Action Plan, with the Attorney General acknowledging the efforts of the local AML Network.
February 23, 2024
Barbados Delisted from FATF Money Laundering Grey List Alongside Gibraltar, Uganda, and UAE
Barbados has been removed from the FATF's money laundering-related grey list, reflecting significant progress in addressing strategic deficiencies to counter money laundering, terrorist financing, and proliferation financing.
February 23, 2024
BEF's $20 Challenge 2023-2024 Edition Sets New Milestone with Record Donations for Charity Event
The Barbados Entrepreneurship Foundation’s $20 Challenge sees record donations in its 2023-2024 edition, encouraging young entrepreneurs to give back through charitable contributions and community service. Sponsored by Scotiabank.
February 22, 2024
Dario Greenidge: Journey from Watersports to Warehouse to Cost Controller at Sandals Barbados at 36
"Dario Greenidge's journey at Sandals Barbados marks a milestone as he transitioned from watersports to the warehouse, now excelling as a cost controller after ten years of dedicated service."