Section
Markets, enterprise, and economic developments.
Lead story
Ralph Bizzy Williams, a prominent renewable energy advocate, plans to discuss the implementation of a carbon emissions tax with an undisclosed foreign investor during the Christmas holidays. He emphasizes the importance of renewable energy to sustain human habitation on Earth.
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Surinam Airways plans to launch scheduled flights between Guyana and Barbados, starting December 20. The airline aims to improve convenience and increase productivity, with potential plans to expand to other destinations.
"Discover how Dominica has signed an agreement with Ormat Technologies Inc. for the development of a 10MW geothermal plant, aiming to reduce dependence on fossil fuels and stabilize electricity costs."
Scotiabank is declared Bank of the Year in Barbados for the fourth consecutive year by The Banker Magazine. The award recognizes excellence in various aspects of the local banking industry.
Central Bank Governor Dr. Kevin Greenidge warns of potential global economic risks that pose a threat to pension plan stability. He highlights an ageing population, under-funded plans, low interest rates, and elevated inflation as contributing factors.
