Business

Minister urges lending institutions to be more responsible with high-interest loans

October 14, 2023

Minister urges lending institutions to be more responsible with high-interest loans

Minister of Energy and Business Senator Lisa Cummins calls for lending institutions to be more responsible in marketing high-interest loans, emphasizing the vulnerability of financially disadvantaged individuals.

Keeping the Legacy Alive: Family of Business Giant Jaiparkash Radhakishin Thani Commits to Continuing His Vision

October 14, 2023

Keeping the Legacy Alive: Family of Business Giant Jaiparkash Radhakishin Thani Commits to Continuing His Vision

The family of late business giant Jaiparkash Radhakishin Thani vows to keep his legacy alive, honoring his warm-heartedness, generous spirit, and dedication to his faith in God.

Minister Weir's Response to Concerns About the FEED Program: A Former Chairman's Perspective

October 13, 2023

Minister Weir's Response to Concerns About the FEED Program: A Former Chairman's Perspective

The author criticizes Minister Indar Weir's response to concerns about the FEED program, highlighting issues such as insufficient land, lack of water accessibility, and inadequate support for farmers.

Director of CARICOM CSME Unit Urges Trinidad and Tobago to Improve Trade Balance with Barbados

October 13, 2023

Director of CARICOM CSME Unit Urges Trinidad and Tobago to Improve Trade Balance with Barbados

Director of the CARICOM Single Market (CSME) Unit Leo Titus Preville calls for a more favorable balance of trade between Trinidad and Tobago and Barbados.

Barbados Labour Party Defends Economic Programmes Amid Lowered Growth Projections: Minister Straughn Emphasizes Continued Economic Growth

October 12, 2023

Barbados Labour Party Defends Economic Programmes Amid Lowered Growth Projections: Minister Straughn Emphasizes Continued Economic Growth

The Barbados Labour Party defends its economic programmes after the IMF lowers growth projections. Government initiatives aim to drive growth, create jobs, and break away from colonial-era policies.

Barbados Police Service Partners with Bim EV Services and Energica to Introduce Zero-Emission Motorcycles

October 12, 2023

Barbados Police Service Partners with Bim EV Services and Energica to Introduce Zero-Emission Motorcycles

The Barbados Police Service has partnered with Bim EV Services and Energica Motor Company to provide zero-emission motorcycles, contributing to sustainable transportation efforts and reducing carbon emissions.

Barbados Entrepreneurship Foundation Programme Helps Aid Access to Finance for Local Entrepreneurs

October 12, 2023

Barbados Entrepreneurship Foundation Programme Helps Aid Access to Finance for Local Entrepreneurs

The Barbados Entrepreneurship Foundation (BEF) Community Challenge programme is helping entrepreneurs in Barbados access finance and support for their businesses. Participants receive loans, technical assistance, market opportunities, and more.

Barbados International Tattoo Fest 2023: A Thrilling Two-Day Ink Extravaganza

October 11, 2023

Barbados International Tattoo Fest 2023: A Thrilling Two-Day Ink Extravaganza

Experience the excitement of The Barbados International Tattoo Fest 2023, a thrilling two-day affair featuring 51 artists from around the world, showcasing the talent and passion of the local tattoo community.

CARICOM Makes Significant Progress in Achieving 50% Reduction in Food Import Bill

October 11, 2023

CARICOM Makes Significant Progress in Achieving 50% Reduction in Food Import Bill

CARICOM makes significant progress in cutting food import bill, achieving 50% of the 25% reduction target by 2025. Cooperation and investment in research and development are emphasized for future success.

CARICOM Study Reveals Barbados as Highest Importer of UK Traffic Light Warning System for Nutritional Labelling

October 11, 2023

CARICOM Study Reveals Barbados as Highest Importer of UK Traffic Light Warning System for Nutritional Labelling

The CARICOM Impact Assessment (CIA) study on front-of-package Nutritional Labelling (FoPNL) reveals that Barbados imports the highest percentage of UK Traffic Light warning system products, highlighting the need for a labelling model designed to meet the unique needs of consumers in Barbados. The study also recommends the US Facts Up Front and UK Traffic Light schemes as best suited to achieve the regional population's health objectives. The study, which evaluated different FoPNL models, recommends that consensus on the design and format of the FoPNL model should be reached through the established regional standards development process. The study further recommends strengthening national and regional quality infrastructure for food and nutrition safety and security, and carrying out enforcement through appropriate food safety technical regulations.

Dominica's Prime Minister Shares Progress on Geothermal Energy Development at Donors Conference

October 11, 2023

Dominica's Prime Minister Shares Progress on Geothermal Energy Development at Donors Conference

Prime Minister Roosevelt Skerrit of Dominica provides an update on the country's geothermal energy project at an international conference, expressing gratitude for support and highlighting the challenges and benefits of the initiative.

IMF Lowers Barbados' Economic Growth Forecast for 2023 and 2024

October 11, 2023

IMF Lowers Barbados' Economic Growth Forecast for 2023 and 2024

The International Monetary Fund (IMF) expects lower economic growth in Barbados this year compared to previous predictions. The global economy is described as "limping along" and the impact of the Middle East conflict on the economy remains uncertain. Economist Dr Ankie Scott-Joseph highlights imported inflation as a major issue.

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