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Independent Caribbean journalismAugust 6, 2026

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Business | Bajan Beacon

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Business

Markets, enterprise, and economic developments.

Stories: 1670
Page: 3 of 140

Barbados Tackles Fuel Price Increases Amid Global Tensions

Lead story

Barbados Tackles Fuel Price Increases Amid Global Tensions

Barbados Light & Power Co Ltd has implemented fuel hedging and government subsidies to mitigate rising fuel prices driven by geopolitical tensions, protecting consumers from higher costs.

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Central Bank Governor Discusses BiMPay Rail Development Costs

Central Bank Governor Discusses BiMPay Rail Development Costs

Governor Kevin Greenidge details the costs of developing the BiMPay rail and e-wallet, which will enhance interbank transactions among Barbados' commercial banks and credit unions.

Barbados Government Encourages Private Sector to Boost Exports

Barbados Government Encourages Private Sector to Boost Exports

The Barbados government is urging the private sector to enhance export activities to increase foreign exchange earnings and foster local wealth, as part of the BERT 3.0 initiative.

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Barbados Aims to Establish Pharmaceutical Industry to Boost Economy

Barbados Aims to Establish Pharmaceutical Industry to Boost Economy

Minister Kerrie Symmonds announced plans for a Barbadian pharmaceutical industry to reduce reliance on imports and enhance economic resilience during a debate on the Barbados Medical Products Bill.

Barbados Economic Recovery Relies on Private Sector Investment

Barbados Economic Recovery Relies on Private Sector Investment

Barbados' economic recovery strategy will depend on increased private-sector investment, as regional lender CAF plans to expand financing to support the government's fiscal program BERT 3.0.

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Guyana's Prime Minister Emphasizes Economic Resilience at Disaster Management Conference

Guyana's Prime Minister Emphasizes Economic Resilience at Disaster Management Conference

Guyana's Prime Minister Mark Phillips stressed the importance of resilience as a measure of economic strength and investor confidence during the launch of the Caribbean Conference on Comprehensive Disaster Management.

Agricultural Pilot Program at Frederick Smith Secondary School Engages At-Risk Boys

Agricultural Pilot Program at Frederick Smith Secondary School Engages At-Risk Boys

A seven-week agricultural pilot at Frederick Smith Secondary School has successfully engaged 15 at-risk boys, enhancing their attendance and practical skills through hydroponic farming and entrepreneurial activities.

The Nation Publishing Co. Leads with 37 Nominations at CBU Media Awards

The Nation Publishing Co. Leads with 37 Nominations at CBU Media Awards

The Nation Publishing Co. received 37 nominations at the 37th Caribbean Broadcasting Union Media Awards, the highest of any media house in Barbados, showcasing its diverse contributions.

Cuba's Tourism Decline Amid US Sanctions

Cuba's Tourism Decline Amid US Sanctions

Cuba's foreign tourist numbers have dropped by 58.4% in early 2026 due to tightened US sanctions, impacting airlines and hotel operations significantly.

Residents Express Frustration Over Sandals Staff Parking Issues

Residents Express Frustration Over Sandals Staff Parking Issues

Residents on Maxwell Coast Road are voicing concerns about Sandals Royal staff parking, causing access issues and safety hazards during events, as signs demand a resolution.

Central Bank Governor Refuses to Disclose BiMPay Project Cost

Central Bank Governor Refuses to Disclose BiMPay Project Cost

Central Bank Governor Kevin Greenidge declined to reveal the cost of the BiMPay platform, emphasizing its benefits instead, prompting criticism over accountability from a UWI law lecturer.

Barbados Fish Markets Close Early in Honor of Dr. Shelly-Ann Cox

Barbados Fish Markets Close Early in Honor of Dr. Shelly-Ann Cox

All fish markets and landing sites in Barbados will close early today to honor the late Chief Fisheries Officer Dr. Shelly-Ann Cox and provide staff with grief counseling.