Business
February 3, 2025
DeepSeek's Advanced Generative AI model: A Potential Game-changer for Businesses in Barbados
DeepSeek's top-level AI model by Chinese tech company DeepSeek is a potential game-changer for businesses in Barbados. TouchStar Robotics CEO highlights its open framework's democratizing impact on the industry.
February 3, 2025
Barbadians Boost Savings Deposits by $1.2 Billion Despite Low Interest Criticisms - Central Bank Report 2024
Barbadians deposited $1.2 billion in savings accounts despite low interest rates. Central Bank of Barbados reports growth in local and foreign currency deposits driven by economic activity in various sectors.
February 3, 2025
Canadian Fans Express Displeasure as Tariffs on US Prompt Anthem Protests
Canadian fans express discontent by booing the US anthem at sports events following Trump's tariffs announcement. Tariffs on Canadian imports could lead to economic repercussions and a push for national unity.
February 2, 2025
Barbados Revenue Authority Reopens Warrens Towers II Payment Centre for Over-the-Counter Transactions | Feb 3 Update
The Barbados Revenue Authority reopens Warrens Towers II payment center on February 3, enhancing accessibility for businesses and individuals. Two floors allocated for efficient vehicle registrations and payment transactions. Online services also available.
February 2, 2025
Crisis in Barbados Transport Sector: AOPT Raises Concerns Over 'C' Licence Plate Misuse
The Alliance Owners of Public Transport (AOPT) raises concerns over misuse of 'C' licence plates leading to unauthorized taxi services, impacting legitimate public service vehicle (PSV) operators in Barbados.
February 2, 2025
Canada Announces Retaliatory Tariffs Against US in Growing Trade War
Canada retaliates with 25% tariffs on $155 billion worth of US goods, sparking a trade war. Prime Minister Trudeau vows to stand up for Canadians, warning of consequences for both nations.
January 31, 2025
Debate over Trump Administration's Rejection of US Central Bank Digital Currency: Impact on Financial Innovation and US Leadership
The Trump administration's rejection of a US Central Bank Digital Currency (CBDC) in favor of promoting stablecoins sparks debate over financial innovation and US leadership in digital finance.
January 25, 2025
British Virgin Islands Premier Natalio Wheatley Announces Implementation of National Tourism Policy by June's End
British Virgin Islands Premier Natalio Wheatley announces the upcoming National Tourism Policy to address overcrowding challenges and boost visitor experiences, following the recent National Tourism Summit with stakeholders.
January 25, 2025
Barbadians Encouraged to Pursue Trades for Sustainable Employment Opportunities
Barbadians are encouraged to pursue trades for honest livelihoods, with Prime Minister Mottley highlighting lucrative opportunities in construction and landscaping. Various government programs support skill development in these areas.
January 25, 2025
FiX25 Startup Pitch Competition Highlights Nine Caribbean Entrepreneurs, Winner Takes Home US$10,000 Prize
FiX25 Startup Pitch Competition at Fintech Islands showcased Caribbean entrepreneurs. Winner Khary Sharpe's HeadOffice aids accountants with localised support. Monytri and Dataffluent also recognized for innovative fintech solutions.
January 24, 2025
Barbados Consumer Empowerment Network Survey Urges Public Feedback on Bank Opening Hours
The Barbados Consumer Empowerment Network (BCEN) conducts a survey to address reduced bank opening hours, aiming for fair accessibility and advocating for consumer needs amid concerns over declining customer service.
January 24, 2025
Barbados Revenue Authority Requires Monthly Pre-Payment for Corporation Tax to Bolster Government Cash Flow
Companies in Barbados will soon be required to pre-pay corporation tax monthly, with penalties for non-compliance. The move aims to boost the Government's cash flow and align with international tax practices.