Business

Caribbean Broadcasting Corporation (CBC) Announces Staff Redundancies in Digital Transformation Restructuring

March 7, 2025

Caribbean Broadcasting Corporation (CBC) Announces Staff Redundancies in Digital Transformation Restructuring

Caribbean Broadcasting Corporation (CBC) to undergo restructuring, with all staff facing redundancy for digital transformation. Severance, benefits assured. BWU involved in negotiations for fair transition.

University of the West Indies and Banks Holdings Ltd. Launch Locally Produced Low-Calorie Shake for Health Benefits

March 7, 2025

University of the West Indies and Banks Holdings Ltd. Launch Locally Produced Low-Calorie Shake for Health Benefits

The University of the West Indies partners with Banks Holdings Ltd. to introduce a locally produced, low-calorie shake with health benefits, developed through research to aid diabetes reversal. Launching soon in two tropical flavors.

Caribbean Broadcasting Corporation (CBC) Undertakes Major Digital Transformation: Enhancing Broadcasting Services with Updated Technology and Content Offerings

March 6, 2025

Caribbean Broadcasting Corporation (CBC) Undertakes Major Digital Transformation: Enhancing Broadcasting Services with Updated Technology and Content Offerings

The Caribbean Broadcasting Corporation (CBC) is undergoing a significant digital transformation, upgrading to a fully digital system with new TV channels, mobile access, and digital revenue streams. Staff severance negotiations with the Barbados Workers’ Union have ensured fair compensation.

Opposition Leader emphasizes Government responsibility to control electricity costs for affordability

March 6, 2025

Opposition Leader emphasizes Government responsibility to control electricity costs for affordability

Opposition Leader Ralph Thorne emphasizes the government's role in controlling electricity costs to maintain affordability and economic stability. He stresses the importance of citizen confidence and access to renewable energy solutions.

Chickmont Food Limited Invests $35 Million in Boosting Barbados' Food Security and Poultry Supply

March 6, 2025

Chickmont Food Limited Invests $35 Million in Boosting Barbados' Food Security and Poultry Supply

Chickmont Food Limited invests $35 million to enhance Barbados' food security, focusing on chicken and egg supply. Initiatives include plant expansion, new chicken houses, and job creation.

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.

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