Section
Markets, enterprise, and economic developments.
Lead story
The Caribbean Development Bank (CDB) has postponed its annual news conference and declined further comment on reports of senior officials on administrative leave. Updates to follow on February 20.
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Barbados Co-op & Credit Union League (BCCUL) prioritizes securing deposit insurance for credit union members, in advanced talks with stakeholders. BCCUL also seeks legislative amendments for investment flexibility and highlights membership growth.
Barbados' 2023/2024 winter cruise season is surpassing the previous year, with an 18% increase projected. The steady recovery is attributed to the hard work of industry stakeholders.
The national credit union associations of Barbados and Ghana have signed an agreement to strengthen ties and collaborate on advocacy, training, education, deposit insurance, and digital solutions.
Barbados' winter cruise season statistics for 2023/2024 have exceeded those for the previous year, with a projected 18% increase in cruise calls and a 26% increase in cruise passengers. Minister Ian Gooding-Edghill attributes this success to industry efforts and the steady post-pandemic recovery.
