Business

Embassy of Barbados and Panama's Ministry of Culture Collaborate for Crochet Workshop Empowering Women in Business

August 31, 2023

Embassy of Barbados and Panama's Ministry of Culture Collaborate for Crochet Workshop Empowering Women in Business

The Embassy of Barbados and Panama's Ministry of Culture hosted a crochet workshop empowering women with the tools and skills to improve their businesses.

Predictions for Investment Returns in the Caribbean Region Remain Cautious in Near Term

August 30, 2023

Predictions for Investment Returns in the Caribbean Region Remain Cautious in Near Term

A top official at Fortress Fund Managers expresses little optimism for strong investment returns in the near term in the local and Caribbean bonds and equity market. Diversification and global investments are recommended.

Proposed Legislation in the Bahamas Aims to Decriminalize Cannabis for Medical and Therapeutic Use

August 30, 2023

Proposed Legislation in the Bahamas Aims to Decriminalize Cannabis for Medical and Therapeutic Use

The Bahamas government has launched a public consultation on legislation to decriminalize cannabis for medical, research, and religious use. The legislation aims to improve the quality of life for patients and explore the economic potential of cannabis production.

Import Duties and Taxes on Plain T-Shirts: Local Designers Call for Reduction

August 29, 2023

Import Duties and Taxes on Plain T-Shirts: Local Designers Call for Reduction

Local designers are calling for a reduction in import duties and taxes on plain T-shirts, citing hindrances to profitability and the inability to compete with international brands.

interCaribbean Airways Introduces New ATR 72 Turboprop Aircraft for Enhanced Regional Travel Experience

August 29, 2023

interCaribbean Airways Introduces New ATR 72 Turboprop Aircraft for Enhanced Regional Travel Experience

Discover the highly-anticipated ATR 72 aircraft by interCaribbean Airways, featuring modernity, comfort, and sustainability. With 68 seats, this environmentally-friendly turboprop offers outstanding performance and is part of the airline's commitment to improving passenger experiences and minimizing their carbon footprint. Visit www.intercaribbean.com for more details.

FTC Hearing on BL&P's Electricity Rate Decision Adjourned Pending Ruling

August 29, 2023

FTC Hearing on BL&P's Electricity Rate Decision Adjourned Pending Ruling

The Fair Trading Commission (FTC) hearing on the electricity rate decision by the Barbados Light & Power Company has been adjourned. A decision will be issued in the future.

Barbados Royals Return Home for CPL Matches at Kensington Oval, Expecting Large Crowds: CEO

August 29, 2023

Barbados Royals Return Home for CPL Matches at Kensington Oval, Expecting Large Crowds: CEO

Join the excitement at Kensington Oval as Barbados Royals return home for their Caribbean Premier League matches, with bumper crowds expected and free entry for children.

Barbados Takes Major Initiative to Address Non-Communicable Diseases, Partners with Rotary Club and Other Organizations

August 29, 2023

Barbados Takes Major Initiative to Address Non-Communicable Diseases, Partners with Rotary Club and Other Organizations

A major initiative is underway in Barbados to address the high prevalence of non-communicable diseases, with community-based screening and awareness programs being launched by the Rotary Club of Barbados in partnership with other organizations.

Annual Trade and Innovation Expo Focuses on Global Exposure for Local Manufacturers

August 29, 2023

Annual Trade and Innovation Expo Focuses on Global Exposure for Local Manufacturers

Discover the rebranded BMA Trade and Innovation Expo (TIE), focused on providing global exposure for local manufacturers and meeting the growing demand for their products.

Export Barbados CEO Expresses Concern as Certain Exports Decline, Calls for Innovation

August 29, 2023

Export Barbados CEO Expresses Concern as Certain Exports Decline, Calls for Innovation

Mark Hill, CEO of Export Barbados, expresses concern about declining exports in certain sectors and urges manufacturers to embrace innovation to attract more global customers and meet international standards.

Barbados Manufacturers’ Association Launches Rebranded Trade and Innovation Expo

August 29, 2023

Barbados Manufacturers’ Association Launches Rebranded Trade and Innovation Expo

The annual trade show, BMEX, has been rebranded as Trade and Innovation Expo (TIE) by the Barbados Manufacturers’ Association (BMA) to facilitate connections between Barbadian manufacturers and international markets. The event will take place at the Garfield Sobers Sports Complex with over 250 exhibitors.

Analysis of the Fair Trading Commission's Decision on Barbados Light & Power Company's Rate Increase Application

August 28, 2023

Analysis of the Fair Trading Commission's Decision on Barbados Light & Power Company's Rate Increase Application

The Barbados Light & Power Company Limited's attorney argues that the Fair Trading Commission made multiple errors in its decision regarding a rate increase application. Various intervenors presented their opposing views. The hearing will conclude on Wednesday, after which the FTC will make its ruling.

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