Business

Barbados' Potential for Global Excellence Depends on Mindset Shifts and Improved Business Environment

October 26, 2024

Barbados' Potential for Global Excellence Depends on Mindset Shifts and Improved Business Environment

Barbados aims to enhance its global standing through innovation and improved business environment, drawing inspiration from countries like UAE and Singapore. Minister emphasizes the need for long-term planning and public engagement.

Caricom Advances Ocean Governance & Sustainable Marine Resource Management with UK FCDO Grant

October 25, 2024

Caricom Advances Ocean Governance & Sustainable Marine Resource Management with UK FCDO Grant

Caribbean Community (Caricom) advances ocean governance and sustainable marine resource management with UK FCDO grant. Initiative aims to develop Caricom Blue Economy Policy for improved regional coordination and capacity building.

Barbados Secures €100 Million EIB Loan for Clean Water Projects in Caribbean

October 25, 2024

Barbados Secures €100 Million EIB Loan for Clean Water Projects in Caribbean

Barbados secures €100 million loan from the European Investment Bank for clean water, wastewater treatment, flood prevention projects in the Caribbean. Joint initiative with Caribbean Development Bank benefits 14 countries.

Barbadians Celebrate Fenty Beauty Launch at Bridgetown Duty-Free Store

October 25, 2024

Barbadians Celebrate Fenty Beauty Launch at Bridgetown Duty-Free Store

Barbadians celebrate the official launch of Rihanna's Fenty Beauty in Bridgetown Duty-Free, offering diverse makeup options. The partnership with Essence Corp and Kendall team brings excitement and anticipation for a wider customer base.

Barbados Aims for US$3 Billion in Annual Foreign Direct Investment to Achieve Economic Growth Targets Amid Global Innovation Index Success

October 25, 2024

Barbados Aims for US$3 Billion in Annual Foreign Direct Investment to Achieve Economic Growth Targets Amid Global Innovation Index Success

Barbados aims to attract up to US$3 billion in foreign direct investment for economic growth, despite achieving top Caribbean innovation ranking. Emphasis on continuous innovation and sustainability for competitiveness.

Barbados Leads V20 Central Bank Governors in Tackling Climate Change's Financial Impact

October 25, 2024

Barbados Leads V20 Central Bank Governors in Tackling Climate Change's Financial Impact

Barbados leads the CVF Central Bank Governors Working Group to address climate change's financial impact on vulnerable nations. Initiatives include integrating climate risks into monetary policy and implementing a financial safety net.

Barbados Urged to Innovate and Streamline Processes for Global Investment Competitiveness

October 25, 2024

Barbados Urged to Innovate and Streamline Processes for Global Investment Competitiveness

Barbados urged to innovate and streamline processes for global investment competitiveness. President of BIBA highlights challenges and calls for faster digital transformation to attract investors. Collaboration and forward-thinking emphasized for sustainable growth.

Barbados Minister Proposes Parametric Insurance for Fishing Boats

October 24, 2024

Barbados Minister Proposes Parametric Insurance for Fishing Boats

Minister Kerrie Symmonds suggests insuring fishing boats in Barbados to aid fisherfolk impacted by Hurricane Beryl. Parametric insurance could provide payouts to vessel owners. Opposition Leader criticized lack of solutions.

Barbados Agricultural Society CEO Addresses Fresh Chicken Shortage Concerns | Industry Boosting Production Levels for Increased Demand

October 24, 2024

Barbados Agricultural Society CEO Addresses Fresh Chicken Shortage Concerns | Industry Boosting Production Levels for Increased Demand

Barbados Agricultural Society CEO addresses fresh chicken shortage in supermarkets, advises against hasty imports. Industry faces challenges in meeting demand, but production levels are rising. Supply chain strain acknowledged.

Barbados Strengthens Climate Resilience with Landmark Debt-for-Climate Swap Agreement

October 24, 2024

Barbados Strengthens Climate Resilience with Landmark Debt-for-Climate Swap Agreement

Barbados strengthens climate resilience with a $40 million debt-for-climate swap agreement, enhancing the South Coast Sewage Treatment Plant to combat climate threats. Efforts include debt-for-nature swaps and marine conservation initiatives.

Fire Investigation Halts Operations at Banks Breweries, Barbados: An Update

October 24, 2024

Fire Investigation Halts Operations at Banks Breweries, Barbados: An Update

Operations at Banks Breweries are halted following a fire at their Christ Church facility. Investigations are ongoing to determine the cause before resuming operations. Fire Service contained the fire swiftly.

Fire in Microlab Disrupts Operations at Banks Breweries Facility in Newton, Christ Church: Situation Quickly Under Control

October 23, 2024

Fire in Microlab Disrupts Operations at Banks Breweries Facility in Newton, Christ Church: Situation Quickly Under Control

A fire at Banks Breweries' microlab in Newton, Christ Church disrupted operations. The fire was quickly contained by fire officers, with investigations ongoing to determine the cause.

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