Section
Markets, enterprise, and economic developments.
Lead story
Starting January 1 next year, Grenadian employers, including the government, will pay increased minimum salaries to workers, including media workers. Minimum salary will range from EC$1,200 to EC$60 per day.
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Despite high foot traffic, local store owners in Bridgetown are experiencing unusually low sales for the Yuletide season. Decorations like garlands and Christmas balls have seen little movement.
Sugar workers in Blowers, St James are collecting their severance packages in alphabetical order today. Field workers are also collecting their papers from various plantations. Cooperative movement will take over BAMC operations starting tomorrow. Rehiring of workers by new companies is expected.
The Barbados Salvation Army's Christmas kettle appeal is currently behind last year's contributions, possibly due to the difficult economy. The overall goal for this year has increased to $850,000. Divisional Commander Major Robert Pyle remains optimistic.
"Plan, budget, and exercise financial control this holiday season in Barbados. The National Financial Literacy Programme encourages responsible spending, saving, and wise use of credit cards."
