Business
March 17, 2025
Afreximbank Receives Free Land for Trade Center, Hotel, and Offices Construction in Barbados
Afreximbank to develop trade center, hotel, and offices on old General Hospital site in Barbados for economic growth and international partnerships, sparking debate in the House of Assembly.
March 17, 2025
Barbados Economic Outlook: Labor Market Recovery, Diversification, and Workforce Development Strategies
Barbados' Budget focuses on economic resilience, job creation, and social welfare. The economy shows recovery, with GDP growth and reduced unemployment. Diversification into new industries and addressing labour shortages are key strategies.
March 17, 2025
Sagicor Issues Caution to Shareholders Against Unsolicited Mini-Tender Offer by New York Stock and Bond LLC
Sagicor warns shareholders against New York Stock and Bond's unsolicited mini-tender offer to buy up to 100,000 common shares at a discount, emphasizing lack of association and regulatory concerns.
March 17, 2025
Opposition Leader Ralph Thorne Awaits Auditor General's Report on Home Ownership Providing Energy (HOPE) Inc. Housing Projects
Opposition Leader Ralph Thorne awaits a report from the Auditor General on the HOPE Inc. housing projects following a draft special audit report. Prime Minister Mottley ordered a full investigation into the program.
March 16, 2025
Newly Installed UWI Chancellor Dr Dodridge Miller Defends Institution's Excellence and Urges Collaboration for Progress
New UWI Chancellor Dr Dodridge Miller defends institution against criticism, highlighting global research excellence and academic programs. Emphasizes need for public-private collaboration and regional support for vital institutions.
March 16, 2025
UWI Open Campus to Certify Youth Entrepreneurs in YES Development Training Program
The Youth Entrepreneurship Scheme (YES) Development Training Program participants will receive certification from the University of the West Indies (UWI) Open Campus. Graduates aim to foster entrepreneurship and business growth.
March 16, 2025
Barbados Receives Mitsui Ocean Fuji All-Suite Cruise Ship in Inaugural Visit, Celebrates with Traditional Ceremony
Barbados welcomed Japan's luxurious Mitsui Ocean Fuji cruise ship with a traditional ceremony, marking its special one-off visit to the island. The event highlights Barbados' growing reputation as a premier cruise destination.
March 16, 2025
HOPE Inc. Faces Lawsuit Over $64 Million Contract: Audit Reveals Failures in Home Construction Projects
HOPE Inc., a government-created company for low to middle-income housing, faces a lawsuit over a $64 million unfulfilled contract with a precast company. An audit reveals construction issues and financial challenges.
March 14, 2025
United States Postal Service Announces Job Cuts, Partnership with Elon Musk's Department of Government Efficiency
The United States Postal Service plans to cut 10,000 jobs through voluntary retirement. Postmaster General DeJoy collaborates with Elon Musk's Department of Government Efficiency for further USPS improvements.
March 14, 2025
Barbados Block Transformation Programme Expands, Creating Opportunities for Youth Entrepreneurs, Says Minister Griffith
Barbados' Block Transformation Programme, led by Minister Charles Griffith, has impacted over 6,000 youth, creating 41 new businesses and 17 farming ventures. The initiative offers funding, mentorship, and support for at-risk youth.
March 14, 2025
Barbados MP Urges Government to Prioritize Quality Jobs Amid Foreign Investments
Barbados MP Toni Moore emphasizes prioritizing job quality over quantity in light of upcoming foreign investments. Effective monitoring of labor legislation crucial for decent work conditions and fair wages.
March 14, 2025
New Performance Incentive Deal for Island's Garbage Collectors Set to Begin on April 1
New performance incentive deal for Barbados' garbage collectors set to launch on April 1, resolving past industrial disputes over better incentives and working conditions. Agreement pending final improvements.