Business
May 23, 2024
US Regulators Sue Live Nation for Alleged Monopoly Practices in Live Music Industry
US regulators sue Live Nation for alleged illegal tactics to maintain a monopoly in the live music industry, leading to higher ticket prices and limited competition, prompting calls for company breakup.
May 23, 2024
Global Supply Chain Conference in Barbados Addresses Rising Costs and Challenges Faced by Developing Economies
The United Nations Conference on Trade and Development hosts the first Global Supply Chain conference in Barbados amid rising global challenges, emphasizing the need for a global solution to supply chain disruptions.
May 23, 2024
Private Sector Urged to Support Barbados Development and Bridgetown Revitalization
Private sector urged to support Barbados' social and economic progress and Bridgetown's redevelopment. ICC World Cup 2024 seen as catalyst for legacy benefits and revitalization. Chairman Noel Lynch addresses BCCI members.
May 23, 2024
Barbados Hosts Inaugural Global Supply Chain Forum: Senator Cummins Highlights Success and Future Prospects
Barbados hosts the inaugural Global Supply Chain Forum, focusing on global trade and logistics. Minister Lisa Cummins emphasizes international collaboration and partnerships in addressing trade challenges. UNCTAD co-organizes the event with 900 delegates in attendance.
May 23, 2024
Chairman Urges Private Sector to Embrace Transformation for Long-Term Success at ICC Men’s T20 World Cup 2024
Chairman of the National Organising Committee (NOC) for the ICC Men’s T20 World Cup 2024, Ambassador Noel Lynch, advocates for private sector revitalization post-event to ensure enduring social and economic benefits.
May 23, 2024
Jamaica Government Settles J$530 Million in Judgement Debts, Allocates J$680 Million for Current Fiscal Year
Jamaica government allocates funds to settle judgement debts, paying out J$530 million for 182 cases last year. Efforts to address backlog and ensure timely payments highlighted in ongoing Sectoral Debate.
May 22, 2024
Barbados to Receive US$56M from IMF as Economic Reform Programme Earns Passing Grade
Barbados' economic reform program receives positive assessment from IMF staff, with expectations of receiving US$56 million next month. Progress noted in implementing BERT 2022 plan. IMF Executive Board to review.
May 22, 2024
Road Resurfacing Alert: Church Street and Pollygreen Alley Closure for Paving in Barbados City
The Ministry of Transport and Works will resurface Church Street Major, Church Street Minor, Pollygreen Alley near Central Bank of Barbados. Road closures and delays expected during paving operations.
May 22, 2024
Barbados Revenue Authority Staff Participate in Industrial Action Over Several Issues, Including Union Recognition and Promotions
Barbados Revenue Authority staff, represented by Unity Workers Union, continue industrial action over issues including promotions and union recognition. Concerns raised about supersession and management practices.
May 22, 2024
UNIDO to Launch Global SIDS Hub in Barbados: Historic Collaboration to Address Island Nations' Challenges
Barbados chosen as the site for a global Small Island Developing States (SIDS) hub in collaboration with UNIDO. The hub aims to facilitate cooperation, knowledge exchange, and technical assistance among diverse SIDS.
May 22, 2024
Jamaica Data Privacy Law: Registration Requirements and Compliance Challenges
The Jamaica data privacy law mandates registration of data processing activities, enforced by the Jamaican Data Privacy Authority. Compliance focus shifts to include cybersecurity, data privacy, and corporate governance beyond Anti-Money Laundering.
May 22, 2024
Barbados Secures $112 Million for Balance of Payments from IMF, Recognized for Economic Management | Update on IMF Agreement and Growth
Barbados secures $112 million from the IMF for balance of payments, with approval for economic management. IMF praises GDP growth, warns of risks from tourism slowdown and external factors.