damianmckinney

Cockspur Rum brand sold

23 June 2017

GEL Supermarkets (St. Lucia) Limited, a wholly-owned subsidiary of Goddard Enterprises Limited (GEL) has concluded an agreement to sell its majority interest in International Brand Developers N.V., owner of the Cockspur rum brand. GEL has had a long association... Read More

dr-warren-smith-052617

CDB identifies key priorities

23 June 2017

CARIBBEAN DEVELOPMENT BANK’S (CDB) Governors recently identified environmental sustainability, gender equality and private sector growth as key priorities for the region. This took place at the bank’s 47th annual meeting in Providenciales, Turks and Caicos Islands... Read More

businessauthority-new

Travel creating most jobs

23 June 2017

THE TOURISM INDUSTRY trumps financial sector in the provision of jobs. That’s the major finding of new World Travel & Tourism Council (WTTC) research. The WTTC Benchmarking Report concluded that global tourism supports twice as many jobs as the financial sector and... Read More

martin-bryan

Shuttle service may come to Town

23 June 2017

A SHUTTLE SERVICE could be in the works for Bridgetown to help shoppers with their parcels and to cut down on parking headaches. Managing director of Woolworth, Martin Bryan, said the proposal comes as businesses in The City continue to suffer the fallout from the... Read More

harlequin-h-hotel

Battle for millions

23 June 2017

DOZENS OF CREDITORS, including Government, are facing an uphill battle to recoup millions of dollars owed by the English developers of two abandoned tourism projects in Barbados. A high-powered team of financial and legal experts from the Caribbean and the United... Read More

kailash-pardasani

CEO: Keep taxes off smartphones

23 June 2017

THE CHIEF EXECUTIVE OFFICER of Promotech Barbados, Kailash Pardasani, is calling for smartphones to remain duty-free. He said that if such devices are taxed, Barbadians would be left behind the rest of the world. “We rely heavily on Government’s policy writers... Read More

pamela-coke-hamilton

Telling region’s export story

22 June 2017

BARBADOS-BASED CARIBBEAN Export Development Agency has showcased its export development work to thousands of people in Europe. This took place when a Caribean Export team led by its executive director Pamela Coke-Hamilton, participated in the 2017 edition of the... Read More

businessauthority-new

Entrepreneurship needs help

22 June 2017

ENTREPRENEURSHIP MIGHT NOT be as appealing to Barbadians as some people think. This is especially so for the mature members of the population whose apparent disinterest in starting their own business goes against the international norm. Research by two Barbadian... Read More

sol-team

Excitement about Infinity

21 June 2017

ALWAYS AHEAD OF the pack, Sol Barbados held a special event last Thursday evening at Mahogany Ridge to announce the arrival of their newest and most thrilling improvement to the fuel industry - Sol Go Further Infinity Fuels. The new line brings quite a punch to both... Read More

needhams-point-061917

Needham’s Point potential

21 June 2017

THERE IS A SCOPE for Needham’s Point to be further developed as a “key tourism and natural heritage site”. However, an updated Bridgetown Community Plan for the area, which is home to Hilton Barbados Resort, says this must be done “in a manner which respects the... Read More

businessauthority-new

Region must cut ‘vulnerabilities’

21 June 2017

BARBADOS AND OTHER Caribbean countries longing for a major resumption of economic growth must fix their fiscal and debt sustainability problems. Caribbean Centre For Money And Finance (CCMF) officer-in-charge, Dr Dave Seerattan, said even though there were positive... Read More

carlton-cummins-and-sinead-lynch-061917

Battery expert powers up

20 June 2017

BARBADIAN CARLTON CUMMINS’ pioneering mission to transform end-of-life batteries (EoL) into energy storage solutions has secured a major financial boost in England. On the heels of recognition by Forbes and being highlighted by the British Broadcasting Corporation,... Read More

gregory-mcconnie

Budget pain for global business

20 June 2017

THE MINISTER OF FINANCE and Economic Affairs presented the Financial Statement and Budgetary Proposals on May 30. There are several items that are of significant concern to the international business sector, some of which require further clarification so we can understand... Read More

businessauthority-new

Informing workforce through HR

20 June 2017

WHILE ATTENDING POST primary educational institutions you are exposed to a number of subject areas all of which you must explore theoretically, rarely, ever practically, prior to making the choice of which academic discipline and or career stream in which you will specialise.... Read More

sam-lords-castle-and-wyndham

Wyndham project ‘playing by rules’

20 June 2017

THE MAJOR PLAYERS in the redevelopment of Sam Lord’s Castle have given the assurance that they are operating above board. That word has come from acting general manager of Sam Lord’s Castle Development, Michael Phillips, as well as the Wyndham Hotel Group’s vice-president... Read More

chris-sinckler-arrives

Minister Sinckler to hear budgetary concerns

19 June 2017

MINISTER OF FINANCE, Christopher Sinckler, will meet with a number of organisations over the next two days to discuss concerns relating to the recently announced budgetary proposals. Sinckler will meet with members of the Barbados Chamber of Commerce and the Barbados... Read More

Marla Dukharan

Budget targets hard to achieve

19 June 2017

WHILE I AM satisfied with the depth of the fiscal adjustment ($542 million), and I agree fully with the minister that the fiscal deficit should be eliminated, I have reservations about the feasibility of this plan, given the impact the adjustments could have on the... Read More

sherard-chablal-and-customers-061217

Barbados a green magnet

19 June 2017

A LEADING CARIBBEAN manufacturer with Barbados connections is keen on doing more business here. And its interest has a lot to do with Barbados’ focus on energy efficiency and its quest to become a green economy. Trinidad and Tobago-based Electrical Industries... Read More

kelly-johnally

Smart Homes goes online

18 June 2017

READERS AND ADVERTISERS now have a new online space to connect and share home-related content. It’s www.smarthomesbarbados.com, the companion site of the popular Smart Homes Magazine. Since its first edition in 2011, the public has been taking full advantage of... Read More

louis-parris-10-minute-manager

Beneficial ownership: Corporate striptease (Part 2)

18 June 2017

THERE ARE THREE issues which are essential to the establishment of an effective beneficial ownership regime; ownership, control and transparency. The Financial Action Task Force (FATF) guidelines recommend that in respect of corporate vehicles, share ownership thresholds... Read More

businessauthority-new

C’bean economies will rebound

17 June 2017

TOURISM WILL HELP Caribbean economies grow this year. That’s the prediction of the World Bank in its new report Global Economic Prospects: A Fragile Recovery. “Strengthening tourism demand underlies an expected acceleration in growth to 3.3 per cent in the Caribbean,”... Read More

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