Business
January 24, 2024
National Cultural Foundation Shifts Focus to Cultural Export for Creative Industries, Says CEO
The National Cultural Foundation's CEO announced a shift towards culture-for-export, encouraging entrepreneurs in the creative industries to tap into overseas markets to maximize revenue potential. A symposium and buyers' visit provided guidance and networking opportunities for artisans in various sectors.
January 24, 2024
Injustice as Businesses Fail to Pass on Tax and Duty Savings at Bridgetown Port, Says Minister Kirk Humphrey
Minister of People Empowerment, Kirk Humphrey, criticizes businesses benefiting from tax and duty savings at Bridgetown Port for not passing on the benefits to consumers, calling it an "injustice."
January 24, 2024
Antigua and Barbuda's Economy Continues to Rebound from COVID-19 Contraction, Says IMF.
Antigua and Barbuda's economy is expected to recover from the pandemic-induced contraction, with projected growth of 5.7%. The IMF emphasizes the importance of fiscal adjustments and collaboration to address imbalances and strengthen growth prospects.
January 22, 2024
The Future of Test Cricket in Jeopardy: Jason Holder Calls for ICC Calendar Restructuring
Former West Indies Test captain, Jason Holder, warns that Test cricket could die if the ICC calendar is not restructured to allow the availability of top players and create a more equitable system of funding.
January 22, 2024
Barbadians Urged to Repay Loans on Time to Avoid Negative Credit Scores, Says Creditinfo Managing Director
Barbadians are advised to repay loans, credit cards, and hire purchase accounts on time to avoid negative credit scores. Creditinfo Barbados Ltd's managing director emphasizes the impact of credit history on accessing credit. A higher ratio of good credit ratings is observed, but maintaining timely payments is crucial. Legitimate customer service issues should be resolved through communication with the company.
January 22, 2024
Insurance Executive Roger Paul Inniss Highlights the Importance of Budgeting and Wise Spending for Financial Success
Roger Paul Inniss, an insurance executive and financial advisor, emphasizes the importance of budgeting and wise spending. With extensive experience and expertise, he shares valuable tips for effectively managing money and achieving financial goals.
January 22, 2024
Barbados Revenue Authority Completes Tax Refunds for 2022 Reverse Tax Credits and Personal Income Tax
The Barbados Revenue Authority (BRA) has completed tax refunds for 2022 Reverse Tax Credits (RTC) and Personal Income Tax (PIT), issuing $42.2 million to over 44,000 taxpayers. Some payments were delayed due to account information errors and taxpayers are urged to update their details in TAMIS.
January 20, 2024
Barbados Revenue Authority Completes Issuance of 2022 Tax Refunds for Reverse Tax Credits and Personal Income Tax
The Barbados Revenue Authority has successfully issued tax refunds for 2022 Reverse Tax Credits and Personal Income Tax, with $42.2 million paid to over 44,000 taxpayers. Some deposits were returned due to account information errors. Taxpayers are urged to review and update their information for reissuance.
January 19, 2024
Investment in ICC T20 World Cup: Half of $50 Million Allocated to Kensington Oval Redevelopment
"Discover how half of the $50 million investment for the ICC T20 World Cup will be allocated to the redevelopment of Kensington Oval, with a focus on involving the Barbadian public and revitalizing cricket."
January 19, 2024
Town Hall Meeting to Discuss Draft Tourist Accommodation Bill for Barbados Tourism Sector
Join the town hall meeting hosted by the Barbados Tourism Product Authority on Jan 19 to discuss the proposed Tourist Accommodation Bill, which aims to improve quality standards and accurate room count in the tourism accommodation sector. (BGIS)
January 19, 2024
Caribbean Development Bank Postpones News Conference as Senior Officials Remain on Administrative Leave
The Caribbean Development Bank (CDB) has postponed its annual news conference and declined further comment on reports of senior officials on administrative leave. Updates to follow on February 20.
January 18, 2024
Barbados Co-op & Credit Union League Prioritizes Deposit Insurance and Legislative Amendments for Credit Unions
Barbados Co-op & Credit Union League (BCCUL) prioritizes securing deposit insurance for credit union members, in advanced talks with stakeholders. BCCUL also seeks legislative amendments for investment flexibility and highlights membership growth.