Section
Markets, enterprise, and economic developments.
Lead story
President of GIAB Randy Graham highlights the potential limitations of mandatory third-party boat insurance for Barbados' fisheries sector post-natural disasters, citing a significant funding gap exposed by Hurricane Beryl.
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Barbados' dairy sector is set to receive a boost with the importation of 180 heifers from Canada, aiming to address production concerns and foster sustainable growth. Efforts are underway to reverse declining milk production trends.
New legislation is being developed to require insurance for fishing boats in response to Hurricane Beryl's impact. The focus is on third-party liability coverage to meet international standards.
2024 Calypso Monarch Adrian AC Clarke hints at not defending title next year due to conflicting plans, focusing on major projects in 2025 including Party Monarch and Fire Fete events.
Bridgetown's retail trade sees a boost in July due to Crop Over festival, with diverse events attracting consumers. Challenges remain in sustaining appeal year-round, says business leader Eddy Abed.
