Business

Barbados and India Strengthen Bilateral Ties at India-CARICOM Summit: Key Areas of Cooperation Discussed

November 22, 2024

Barbados and India Strengthen Bilateral Ties at India-CARICOM Summit: Key Areas of Cooperation Discussed

Barbados and India strengthen bilateral ties at India-CARICOM Summit. Discussions focus on health, pharma, climate change, culture, and economic collaboration. Modi offers expertise in agriculture and technology development.

Barbados Light & Power Company Granted Permission for New Evidence in FTC Rate Decision Appeal

November 21, 2024

Barbados Light & Power Company Granted Permission for New Evidence in FTC Rate Decision Appeal

Barbados Light & Power Company (BL&P) gains approval to present new evidence in court to challenge Fair Trading Commission's electricity rate decision. Appeal trial to commence on December 3.

Barbados Wins Top Honors at 2024 Taste of the Caribbean Competition in Miami

November 21, 2024

Barbados Wins Top Honors at 2024 Taste of the Caribbean Competition in Miami

Barbados wins Caribbean National Culinary Team of the Year at 2024 Taste of the Caribbean competition in Miami. Dejuan Toppin and Alex Chandler also receive individual awards. Event held alongside CHTA's CHIEF conference.

Barbados Opposition Leader Challenges Government's Borrowing Resolution: A Closer Look at Debt Repurchase and Re-Financing

November 20, 2024

Barbados Opposition Leader Challenges Government's Borrowing Resolution: A Closer Look at Debt Repurchase and Re-Financing

Opposition Leader Ralph Thorne challenges Government's $600 million borrowing from local banks to buy back high-cost debt, aiming to refinance and create fiscal space for key projects. Opposition criticizes lack of transparency.

Analyzing Barbados' High Fuel Costs and Their Economic Impact on Businesses and Consumers

November 20, 2024

Analyzing Barbados' High Fuel Costs and Their Economic Impact on Businesses and Consumers

This article discusses the impact of high fuel costs on businesses and living expenses in Barbados. It examines factors contributing to the high prices and the need for government intervention to make utilities more affordable for citizens.

Barbados Emerges as Lucrative Gateway for UK Trade and Investment Opportunities: Highlights from the 2024 Mission

November 20, 2024

Barbados Emerges as Lucrative Gateway for UK Trade and Investment Opportunities: Highlights from the 2024 Mission

Barbados positions itself as a gateway for UK trade and investment, highlighting stable economy and infrastructure. UK Trade and Investment Mission to Barbados strengthens partnerships for lucrative opportunities.

Central Bank Governor Greenidge Addresses Concerns Over Foreign Exchange Access for Overseas Investments

November 20, 2024

Central Bank Governor Greenidge Addresses Concerns Over Foreign Exchange Access for Overseas Investments

Central Bank Governor Dr Kevin Greenidge addresses concerns on accessing foreign exchange for overseas investments, citing ample reserves and ease of transactions through foreign currency accounts. Access through the Central Bank's Forex Online portal is available.

Hilton Barbados Hosts 'Harbouring Hope: Operation Blue Recovery' Charity Gala for Hurricane-Hit Fisherfolk in Barbados

November 19, 2024

Hilton Barbados Hosts 'Harbouring Hope: Operation Blue Recovery' Charity Gala for Hurricane-Hit Fisherfolk in Barbados

A charitable gala at Hilton Barbados Resort raised $100,000 for fisherfolk affected by Hurricane Beryl. The event showcased ocean-inspired arts to support Barbados' devastated fishing industry.

Analyzing the Concerns Surrounding the Construction of a Tier 3 Data Centre Amidst Government IT Infrastructure Challenges

November 19, 2024

Analyzing the Concerns Surrounding the Construction of a Tier 3 Data Centre Amidst Government IT Infrastructure Challenges

The article discusses a recent government email system outage, highlighting trust breaches and operational challenges. It questions the support for constructing a Tier 3 data center due to reliability issues and financial sustainability concerns.

Barbados Agricultural Society CEO Assures Poultry Supply Chain Stabilising, Chicken Returning to Stores Soon

November 19, 2024

Barbados Agricultural Society CEO Assures Poultry Supply Chain Stabilising, Chicken Returning to Stores Soon

Barbados Agricultural Society CEO James Paul assures Barbadians of stabilizing poultry supply chain, with chicken set to return to stores soon. Challenges faced, but system not in total breakdown.

Climate Risks Ignored by Businesses in Barbados and the Caribbean, ACCA Study Finds

November 18, 2024

Climate Risks Ignored by Businesses in Barbados and the Caribbean, ACCA Study Finds

Businesses in Barbados and the Caribbean are inadequately prepared for climate-related risks, as highlighted in ACCA's report on building resilience against climate disruptions in the region.

Pine Hill Dairy Update: More Consistent Supply of Evaporated and Vanilla Milk Expected by Year End

November 17, 2024

Pine Hill Dairy Update: More Consistent Supply of Evaporated and Vanilla Milk Expected by Year End

Barbadians can expect a more consistent supply of evaporated and vanilla milk on supermarket shelves by year-end, as Pine Hill Dairy addresses challenges with overseas suppliers and aims for normalcy.

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