Business
August 13, 2024
Hurricane Beryl Aftermath: Fishing Industry Recovery Gaining Momentum, but Challenges Persist
Hurricane Beryl aftermath: Fishing industry recovery efforts progressing after significant damage. 241 boats damaged, 64 destroyed, impacting 800 livelihoods. Sustainable Caribbean leads repair initiatives with partners, emphasizing urgent vessel restoration.
August 11, 2024
National Cultural Foundation CEO Calls for Increased Support from Businesses for Crop Over Festival
National Cultural Foundation CEO Carol Roberts emphasizes the need for businesses benefiting from Crop Over to increase support due to evolving economic challenges post-COVID. Encourages sponsors to invest in festival stakeholders.
August 11, 2024
Government Calls on Retailers to Prioritize Price Containment Strategies Amid Concerns - Full Story in eNATION Edition
Government expresses concern over retailers' pricing practices. Minister Symmonds urges responsible pricing strategies. Ministry of Commerce directed to assist consumers in finding best prices. Mixed outcomes observed in Barbados distributive sector.
August 10, 2024
Young Entrepreneurs Thrive in YWCA Camps Focused on Empowerment and Business Skills
YWCA's Empower Her Beauty Camp and Summer Chefs Camp have empowered over 30 youths with entrepreneurial skills, including practical training in hair plaiting and culinary arts, with plans to expand offerings.
August 10, 2024
Barbados Hotel Faces Employee Redundancy Concerns as BWU Calls for Job Security Reform
Over 200 employees at a Christ Church hotel face redundancy, as revealed by Barbados Workers’ Union General Secretary Toni Moore. Concerns raised over contract work and job security in the tourist accommodation industry.
August 9, 2024
Roving Response Team Reaffirms Suspension of Assistance to Barbados Police for Vehicle Accidents and Oil Spills
The Roving Response Team (RRT) has suspended assistance to The Barbados Police Service for motor vehicle accidents and oil spills due to financial pressures, but remains committed to disaster relief efforts.
August 9, 2024
Geopolitical Tensions in the Middle East: Concerns for Barbados Economy
Geopolitical tensions in the Middle East raise concerns for Barbados economy. Economist Jeremy Stephen warns of potential logistical issues, inflation, and impact on cost of living due to global conflicts.
August 9, 2024
UK's FTSE 100 Rises as US Economy Fears Ease; Global Markets React Positively
UK's FTSE 100 index rose as US economy concerns eased, following strong US market performance. Global markets recover, but analysts predict continued volatility amid upcoming events and central bank decisions.
August 9, 2024
Barbados GIAB President Highlights Funding Gap for Boat Owners Post-Natural Disasters
President of GIAB Randy Graham highlights the potential limitations of mandatory third-party boat insurance for Barbados' fisheries sector post-natural disasters, citing a significant funding gap exposed by Hurricane Beryl.
August 8, 2024
Barbados Dairy Sector Receives Boost with Imported Canadian Heifers, Aims for Sustainable Growth
Barbados' dairy sector is set to receive a boost with the importation of 180 heifers from Canada, aiming to address production concerns and foster sustainable growth. Efforts are underway to reverse declining milk production trends.
August 8, 2024
Legislation Underway for Mandatory Fishing Boat Insurance in Response to Hurricane Damage
New legislation is being developed to require insurance for fishing boats in response to Hurricane Beryl's impact. The focus is on third-party liability coverage to meet international standards.
August 7, 2024
Adrian AC Clarke Contemplates Skipping 2025 Calypso Monarch Defense Amid Major Business Ventures
2024 Calypso Monarch Adrian AC Clarke hints at not defending title next year due to conflicting plans, focusing on major projects in 2025 including Party Monarch and Fire Fete events.