Business
April 23, 2024
Caribbean Development Bank President, Dr. Hyginus 'Gene' Leon Resigns Amidst Legal Dispute
President of Caribbean Development Bank, Dr. Hyginus ‘Gene’ Leon resigns abruptly, expressing lack of trust and fairness. Legal action threatened in resignation letter due to alleged violations. Situation remains unclear.
April 23, 2024
Exploring Fair Credit Reporting Dynamics Beyond EveryData: A Dive into the Role of Credit Bureaus in Barbados
Exploring the evolution of fair credit reporting beyond CreditAdvice to EveryData, with a focus on Caribbean Credit Bureau Ltd.'s growth and regulatory gaps, emphasizing the need for clearer industry guidelines.
April 23, 2024
IMF Lowers Barbados' Economic Growth Forecast Slightly: What This Means for Caribbean Countries
The International Monetary Fund (IMF) has adjusted Barbados' economic growth forecast slightly lower, now at 3.7% for this year. Comparative growth projections for Barbados and other Caribbean countries provided.
April 23, 2024
Barbados Masqueraders Association Criticizes Corporate Sponsorship Shortfall for Kadooment Bands
The Barbados Association of Masqueraders (BAM) criticizes corporate Barbados for inadequate sponsorship to Kadooment bands due to rising costs, citing lack of response and disrespectful treatment towards bands and promoters.
April 22, 2024
Tesla Slashes Prices in Major Markets Amid Falling Sales and Intensifying Electric Vehicle Competition
Tesla, led by Elon Musk, reduces prices in major markets like the US, China, and Germany amid falling sales. EV price war intensifies with Chinese competition. Upcoming financial results awaited.
April 22, 2024
Caribbean Export Agency Drives Business Growth and Job Creation in Barbados: Annual Report 2023 Reveals Millions in Exports and Hundreds of Jobs
Businesses in Barbados benefitted from Caribbean Export Development Agency's efforts, resulting in millions of dollars in exports and job creation. Detailed in the Annual Results Report 2023.
April 21, 2024
Barbados Signs MOU with China to Enhance Agricultural Sector Capabilities
Barbados signs MOU with China to boost agricultural sector capabilities. Minister Indar Weir and Governor of Hunan Province sign agreement at Graeme Hall offices. Rice project underway to enhance local rice production.
April 21, 2024
Challenges Faced by Plastic Retailers and Manufacturers Due to Issues with Imported Compostable Materials
Some retailers and manufacturers are encountering challenges with compostable materials, particularly cornstarch-based items, leading to significant financial losses and usability issues amid concerns about durability and odors.
April 21, 2024
US House Passes Bill Requiring TikTok Divestment from ByteDance in Response to National Security Concerns
"The US House of Representatives passes bill requiring TikTok to divest from Chinese owner ByteDance or face US market ban. Critics allege ties to Beijing, propaganda spread; bipartisan support."
April 20, 2024
Exploring the Value of Internal Communications: IABC Barbados Holds Professional Development Event
IABC Barbados hosted its first professional development event of the year focusing on the value of internal communications. Explore insights from industry experts and learn how membership can elevate your profession.
April 20, 2024
Netflix Reports Surge in Profits Amid Crackdown on Password Sharing, Halts Subscriber Number Reporting
Netflix reports strong first quarter profits, with 9.3 million new subscribers and profits exceeding $2.3bn. Company will cease reporting key subscriber numbers next year, emphasizing focus on profitability.
April 20, 2024
Income, Social Standing, and Workplace Equality: Exploring the Importance of Job Distinctions and Dignity in Employment
Understanding the importance of employment for social well-being, job distinctions impact wages and societal perceptions. Striving for fair compensation and dignity of work is essential for fostering equality and respect.