Business
February 22, 2025
CARICOM Heads of Government Meeting in Barbados Boosts Tourism Industry, Says BTMI Chief Officer
Barbados' hosting of the 48th CARICOM Heads of Government Meeting boosts the island's tourism industry, with delegates staying at various accommodations and engaging in local cultural experiences and business discussions.
February 22, 2025
Massive State-of-the-Art Hotel Resort in St Peter to Create 3500 Jobs: Sandals Beaches Announces Major Investment in Barbados
A massive state-of-the-art hotel resort in St Peter, Barbados, under the Sandals Beaches brand will create 3500 jobs, with construction starting soon and completion expected in about two and a half years.
February 21, 2025
Barbados and CAF Sign USD 75 Million Agreement to Boost Cultural Heritage Preservation and Infrastructure Modernization
Barbados and CAF sign USD 75 million agreement to enhance cultural heritage preservation, tourism, and infrastructure modernization. Funding supports ROAD Program initiatives, strengthening historical ties. Ongoing support for sustainable development pledged.
February 16, 2025
Usain Bolt's Involvement in SSL Fraud Case Raises Concerns over Foreign Investments in Jamaica, Economist Warns
Controversy surrounds Usain Bolt's involvement in the US$30-million fraud at Stocks & Securities Limited (SSL), potentially impacting Jamaica's foreign investments. Economist Keenan Falconer discusses the implications on investor sentiment.
February 15, 2025
Barbados Urges Fishing, Farming, and Food Vendor Groups to Form Cooperatives for Economic Growth
Barbados calls for fishing, farming, and food vendors to unite and establish cooperatives for better financial stability and market access. Emphasis on the benefits of cooperation in various sectors.
February 15, 2025
Barbados Attorney Recommends CARICOM Nations Develop Own Tax Policy Amid OECD Global Minimum Tax Discussions
Barbadian tax expert Lynette Eastmond recommends CARICOM member states establish their own tax policy for global business, diverging from OECD standards. The discussion focuses on international tax reform initiatives.
February 15, 2025
Barbados Co-operative Business Association Advocates for Recognizing Co-operatives' Economic Contributions
Barbados Co-operative Business Association advocates for greater recognition of co-operatives' economic and social contributions in Barbados, emphasizing their alignment with Sustainable Development Goals and potential for economic growth.
February 15, 2025
Quickstop Finance Center in Barbados: Transforming Credit Access with Same-Day Loan Approvals
Quickstop Finance Center in Barbados offers rapid same-day loan approvals, encouraging financial stability for first-time borrowers. Accessible in-branch, online, or by phone, Quickstop provides tailored financing solutions with personalized service.
February 15, 2025
Barbados Urged to Reform Tax System for Economic Growth, ICAB Official Warns
Barbados faces calls for tax system overhaul to boost global competitiveness. Criticisms include outdated approaches, slow refunds, and unclear regulations hindering investment and financial planning. OECD scrutiny and challenges with tax refunds highlighted.
February 15, 2025
Barbados Faces Food Challenge as Agricultural Land Converted to Housing Developments: Barbados Agricultural Society CEO
Barbados faces a food challenge as agricultural land is converted to housing developments, warns Barbados Agricultural Society CEO James Paul. Protecting farmland is crucial for future food security.
February 14, 2025
Pine Hill Dairy (PHD) Boosts Local Milk Supply with Improved Production Schedule
Pine Hill Dairy (PHD) anticipates increased local milk supply by month-end, resolving production issues by March. Focus on white milk supply and Sungold products, partnership with Government and farmers progressing.
February 14, 2025
Assistance Update: Families Impacted by Wellington Street Fire Receive $250K Aid, Including Housing and Entrepreneurship Training
Families impacted by a fire in Wellington Street, The City, receive a quarter-million dollars in aid for accommodation, home repairs, and entrepreneurship training. Member of Parliament Corey Lane provides updates.