Section
Markets, enterprise, and economic developments.
Lead story
Opposition Leader Ralph Thorne challenges Government's $600 million borrowing from local banks to buy back high-cost debt, aiming to refinance and create fiscal space for key projects. Opposition criticizes lack of transparency.
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This article discusses the impact of high fuel costs on businesses and living expenses in Barbados. It examines factors contributing to the high prices and the need for government intervention to make utilities more affordable for citizens.
Barbados positions itself as a gateway for UK trade and investment, highlighting stable economy and infrastructure. UK Trade and Investment Mission to Barbados strengthens partnerships for lucrative opportunities.
Central Bank Governor Dr Kevin Greenidge addresses concerns on accessing foreign exchange for overseas investments, citing ample reserves and ease of transactions through foreign currency accounts. Access through the Central Bank's Forex Online portal is available.
A charitable gala at Hilton Barbados Resort raised $100,000 for fisherfolk affected by Hurricane Beryl. The event showcased ocean-inspired arts to support Barbados' devastated fishing industry.
