Business
December 6, 2023
Dominica Signs Agreement for 10MW Geothermal Plant Development with Ormat Technologies Inc (FILE)
"Discover how Dominica has signed an agreement with Ormat Technologies Inc. for the development of a 10MW geothermal plant, aiming to reduce dependence on fossil fuels and stabilize electricity costs."
December 6, 2023
Scotiabank Named Barbados' Bank of the Year for Fourth Consecutive Year - The Banker Magazine 2023
Scotiabank is declared Bank of the Year in Barbados for the fourth consecutive year by The Banker Magazine. The award recognizes excellence in various aspects of the local banking industry.
December 6, 2023
Potential Global Economic Risks Threaten Pension Plan Stability, Warns Central Bank Governor
Central Bank Governor Dr. Kevin Greenidge warns of potential global economic risks that pose a threat to pension plan stability. He highlights an ageing population, under-funded plans, low interest rates, and elevated inflation as contributing factors.
December 4, 2023
Bermuda Direct Air Service to Launch Executive Jet Flights to Caribbean: Dominican Republic Service Starts This Month
"HAMILTON – Bermuda Direct Air Service offers executive jet flights between Bermuda and the Caribbean, starting with service to the Dominican Republic. Convenient, high-quality travel experience at competitive prices."
December 4, 2023
Major Bridgetown Retailers Optimistic Despite Shipping Delays in Caribbean for Yuletide Season
"Despite a shipping delay in the Caribbean impacting businesses, major retailers in Bridgetown express preparedness for the upcoming Yuletide season, anticipating increased demand."
December 4, 2023
FlightSupport Ltd Launches Operations in Barbados, Strengthening Support for interCaribbean Airways
"FlightSupport Ltd, a subsidiary of InterIsland Aviation Services Group, celebrated its launch in Bridgetown, Barbados with an airport event and reception. The expansion aims to improve air support services in the Southern Caribbean."
December 4, 2023
Barbados National Union of Fisherfolk Organization Reaches Deal with Consumer Network to Address Fish Weighing and Pricing Concerns
Barbados National Union of Fisherfolk Organisations (BARNUFO) and Barbados Consumer Empowerment Network (BCEN) have reached a deal to address complaints about fish weighing and pricing. Transparent practices and consumer education will be implemented to ensure accuracy and fairness.
December 4, 2023
Attorney Tricia Watson Questions Fate of Interim Rate Increase as BL&P Takes FTC to Court
Get updates on Attorney Tricia Watson's intervention in the electricity rate increase application and the legal dispute between Barbados Light & Power and the Fair Trading Commission.
December 3, 2023
Prime Minister Mia Mottley Calls for Debt Repayment Halt in the Aftermath of Disasters in Small Island Developing States
Prime Minister Mia Mottley advocates for an agreement allowing Small Island Developing States to halt debt repayments during crises. This proposal could potentially unlock 20% of Barbados' GDP.
December 3, 2023
COP28 Climate Change Meeting: Misplaced Expectations and the Challenges Faced by Developing Countries
Embedding inequalities and hindering the progress of developing nations, the power dynamics of rich countries pose significant challenges for combating climate change and achieving global economic equity.
December 3, 2023
IFC and Government of Barbados Join Forces for First Utility-Scale Wind Farm in the Caribbean
IFC partners with the Government of Barbados to develop the country's first onshore wind farm through a public-private partnership, furthering Barbados' commitment to sustainable energy and increasing energy security.
December 3, 2023
Air Canada Celebrates 74th Year Traveling to Barbados with Special Reception at Grantley Adams International Airport
Air Canada celebrates 74 years of service to Barbados at Grantley Adams International Airport with a special reception, welcomed by officials and praised for their ongoing support and commitment to the island.