Business
September 3, 2023
Pilot Project Between Barbados and China Yields Successful Harvest of Upland Rice, Advancing Food Security
A pilot project between Barbados and China has successfully cultivated upland rice, a crop suited for dry soil conditions, contributing to the drive for food security.
September 3, 2023
Conscientious Shoppers Seek Affordable Prices as Social Compact Ends
The Social Compact by Government, private sector, and labor aimed to reduce mark-ups on certain items, ending on July 31. Shoppers expressed increased selectivity and price comparison.
September 2, 2023
Former Government Minister Calls for Job Description and Extended Retirement Age for Members of Parliament in Barbados
Former government minister and senator, Rudolph Cappy Greenidge, calls for a job description for Members of Parliament in Barbados, stating that they are seen as "modern-day sugar daddies" by constituents. He also suggests increasing the pensionable age for MPs.
September 2, 2023
Arrangements Underway for Purchase of Assets of Bankrupt LIAT (1974) by LIAT (2020) Limited, Says Antigua and Barbuda Government
The Antigua and Barbuda government is negotiating arrangements with LIAT (2020) Limited and LIAT (1974) regarding the purchase of assets, while other states are pursuing the establishment of a competing airline. The government is prepared to invest $15-20 million in the new venture, which will have six planes and an air operating certificate already secured.
September 2, 2023
World Bank and Inter-American Development Bank Collaborate to Provide Major Assistance for Resilience Building in Barbados and Caribbean
The World Bank and the Inter-American Development Bank have signed a four-year agreement to support Barbados and other countries in building resilience in areas such as climate change and digitization. Trillions of dollars will be made available to achieve development goals.
September 2, 2023
Barbados' Sugar Industry Transition Underway as Minister Supports Worker Ownership, Sustainable Energy Focus
The management transition of Barbados' sugar industry is progressing as planned, according to Minister of Agriculture Indar Weir, who stated that the industry would be owned by Barbadians.
September 2, 2023
Suriname's Finance Minister Defends Decision to Amend VAT Amidst Inflation Concerns
Finance Minister Stanley Raghoebarsing defends the Suriname government's decision to amend the value added tax (VAT), acknowledging mistakes in implementation. The International Monetary Fund (IMF) has outlined this as a condition for providing assistance to the country.
September 1, 2023
Grenada Prime Minister Adjusts Citizenship By Investment Program Fees
Grenada has adjusted its Citizenship By Investment (CBI) program, increasing the interviewing fees for foreign investors and introducing a financial sponsor interviewing fee. The changes are intended to strengthen background checks and prevent money laundering and tax evasion.
September 1, 2023
First-Time Offender Ordered to Pay $26,000 for Illegal Gun and Ammunition Case
Tristan Kemar Scott, a first-time offender, has been ordered to pay a total of $26,000 for possessing an illegal gun and ammunition. The sentence was imposed by Madam Justice Pamela Beckles in the No. 5 Supreme Court.
September 1, 2023
BARVEN Calls for Government Bailout for Barbadian Crop Farmers Facing Heavy Losses due to Recent Heavy Rains
The Barbados Association of Retailers, Vendors and Entrepreneurs (BARVEN) is urging the government to provide a bailout for crop farmers affected by heavy losses caused by recent heavy rains.
August 31, 2023
President of DLP Challenges Prime Minister to Align Parliamentarians' Pension Age with General Population
DLP leader, Dr. Ronnie Yearwood, challenges Prime Minister Mia Mottley to raise the pension age for politicians and repay the $1.3 billion debt owed to the NIS.
August 31, 2023
Understanding Proposed Changes to Barbados' National Insurance Scheme and Other Reforms
This article discusses Prime Minister Mia Amor Mottley's address to the nation, focusing on the proposed changes to the National Insurance Scheme (NIS) Pension Scheme and other related reforms in Barbados. It also touches upon the concept of Barbados becoming a "world-class" society and the departure of the CEO of Barbados Tourism Marketing Inc. (BTMI).