Section
Markets, enterprise, and economic developments.
Lead story
Barbados has been removed from the FATF's money laundering-related grey list, reflecting significant progress in addressing strategic deficiencies to counter money laundering, terrorist financing, and proliferation financing.
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The Barbados Entrepreneurship Foundation’s $20 Challenge sees record donations in its 2023-2024 edition, encouraging young entrepreneurs to give back through charitable contributions and community service. Sponsored by Scotiabank.
"Dario Greenidge's journey at Sandals Barbados marks a milestone as he transitioned from watersports to the warehouse, now excelling as a cost controller after ten years of dedicated service."
Minister in the Ministry of Finance Ryan Straughn urges financial industry to bolster cybersecurity against rising online threats. Recent intervention simulation workshop highlights the need for concerted efforts.
Independent Senator Lindell Nurse advocates for revisiting the foreign exchange fee on online transactions, citing its diminished necessity and impact on import costs, amid improved financial stability in Barbados.
