Business
March 14, 2025
Barbados Accelerates Renewable Energy Transition Plan with International Backing
Barbados accelerates its Energy Transition and Investment Plan with global support, focusing on green power initiatives in transport, manufacturing, and households. International partners emphasize urgent execution at sustainable energy forum.
March 14, 2025
Government Announces Tax Filing Fee Changes and Interest Cap for National Insurance Scheme Contributions
Government eliminates late filing fee for zero returns in income tax and value added tax. Late filing fees reduced for personal income tax. National Insurance Scheme contributions to have capped interest.
March 14, 2025
Grantley Adams International Airport (GAIA Inc.) Endorses 2025 Budget's Focus on Aviation and Tourism Sectors
Grantley Adams International Airport (GAIA Inc.) supports the 2025 Budget's focus on enhancing aviation and tourism sectors in Barbados. Initiatives include reducing regional travel fees to boost connectivity and economic growth.
March 14, 2025
Barbados Trade Unions Criticize Government’s 2025 Budget for Failing to Address Price Gouging and High Living Costs
CTUSAB criticizes Barbados government's 2025 Budget for failing to address price gouging and high living costs, calling for stronger consumer protection laws and more affordable basic necessities.
March 14, 2025
Barbados Private Sector Association Praises Holistic Budget Proposals for Wellbeing and Economic Resilience
The Barbados Private Sector Association praises the holistic Budget proposals, emphasizing measures for wellbeing and economic resilience. Support for initiatives enhancing Barbadians' quality of life and private sector development.
March 14, 2025
ICAB Disappointed with Lack of Clarity in Barbados Budget, Urges Government to Address Implementation Issues
The Institute of Chartered Accountants of Barbados (ICAB) expresses disappointment over the lack of clarity in the Budget regarding business investment incentives, potentially hindering Barbados' economic growth. The 2025 Budget focuses on social measures alongside investment incentives.
March 13, 2025
Bernie Weatherhead: Transformation from Plantation Overseer to Prominent Barbadian Hotelier
Bernie Weatherhead's journey from a junior overseer at a sugar plantation to a prominent hotelier in Barbados showcases his business acumen and rise in the tourism industry.
March 12, 2025
Global Trade War Escalates with US-EU Tariff Threats
Donald Trump threatens to escalate global trade war with EU over tariffs. US trading partners vow retaliation. Tariffs on steel and aluminum imports spark fears of recession and strain relations with Canada.
March 12, 2025
Wages for Workers Cleaning Sargassum Seaweed Beaches from $43.3 Million Ministry Allocation
Workers cleaning Sargassum Seaweed beaches to be paid from $43.3 million Ministry fund. Funds allocated for fisherfolk, hurricane repairs, garbage trucks, and agricultural projects. Ministerial breakdown of allocations provided.
March 12, 2025
Ministry of Finance Allocates $36.9M for Data Breach Investigations and Cyber Security Enhancements
Ministry of Finance requires $36.9 million for data breach investigations at Barbados Revenue Authority, cyber security measures, humanitarian aid, and Customs Department upgrades, as outlined by Minister Ryan Straughn.
March 12, 2025
Term Finance’s CEO Oliver Sabga Highlights Barbados Growth Under PM Mia Mottley’s Leadership
Term Finance CEO, Oliver Sabga, praises Barbados' leadership under PM Mia Mottley for driving investor confidence. Recent acquisitions solidify Term Finance's position in the Caribbean credit market, targeting diverse loan segments.
March 12, 2025
Barbados Government Unveils Financial Statement & Trade Policy Implications of Trump Administration's 'America First' Strategy for 2025/2026
Barbados Government presents Financial Statement and Budgetary Proposals for 2025/2026. Article discusses impact of Trump Administration's trade policies and President Trump's focus on trade policy for American interests.