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Call for probe into Amazon purchase of Whole Foods

16 July 2017

WASHINGTON – The top Democrat on the United States House of Representatives’ antitrust subcommittee has voiced concerns about Amazon.com Inc.’s $13.7 billion plan to buy Whole Foods Market Inc. and is pushing for a hearing to look into the deal’s impact on consumers.... Read More

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SBA: Clarify tax

15 July 2017

WHILE THE MANUFACTURING industry is expected to pay the National Social Responsibility Levy (NSRL), clarification is being sought on how it is to be calculated. President of the Small Business Association (SBA), Dean Straker, called on Minister of Finance Chris Sinckler... Read More

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Sandals Barbados live broadcasts reaching over 10 million US listeners

14 July 2017

SPEAK UP BARBADOS, the USA is listening. Months before unveiling their new 200-room property, Sandals Royal Barbados, Sandals Resorts is spreading the Barbados buzz with a series of live radio broadcasts. Between July 12-14 and July 17-19, 20 USA radio stations will... Read More

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CDB signs MOU with EXIM Bank of China

14 July 2017

BRIDGETOWN – The Caribbean Development Bank (CDB) and the Export-Import (EXIM) Bank of China have signed a memorandum of understanding (MOU) which will allow both parties to discuss opportunities for cooperation and coordination in CDB’s Borrowing Member Countries (BMCs).... Read More

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Goddard Enterprises buys out Marshall Trading

13 July 2017

GODDARD ENTERPRISES LIMITED (GEL) has signed an agreement with Art Holdings Inc. (Art Holdings) to acquire 100 per cent of the shares in Marshall Trading Limited (Marshall Trading), a subsidiary of Art Holdings. The agreement took effect from June 30, 2017. However,... Read More

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Kester Guy is new FSC CEO

12 July 2017

THE FINANCIAL SERVICES Commission (FSC) has a new chief executive officer. Kester Guy, who was acting in the post since January this year, has been given a clear mandate by the FSC board of commissioners to head the local regulatory body. Chairman of FSC, Sir... Read More

sunil-chatrani

Chatrani wants Airbnb regulation

10 July 2017

A FORMER HEAD of the Barbados Hotel and Tourism Association (BHTA) does not view the international online hospitality service Airbnb as a rival. However, he wants local properties registered on the global site to pay their fair share of taxes and maintain high standards.... Read More

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Big pay, no work

09 July 2017

GOVERNMENT HAS PAID more than $1 million to two senior public officers who did not drive a stroke for up to seven years. The two had been sent on special leave, but continued to earn their salaries. In what a trade unionist has described as “a coward’s way out”... Read More

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‘No push’ to get Government out

09 July 2017

WILD TALK and foolishness. Those are just two of the terms being used to describe suggestions that the private sector is part of a scheme to prevent the re-election of the Democratic Labour Party (DLP). There have been claims in political circles that certain... Read More

eddy-abed

Full effect of levy by October

09 July 2017

BY OCTOBER consumers will feel “the full effects” of price increases associated with Government’s controversial austerity measures. If that was not bad enough, said business leader Eddy Abed, the Christmas season will be “hugely affected”. The Barbados Chamber... Read More

sunil-chatrani

Few foreign workers in elegant group

09 July 2017

THE HEAD OF Barbados’ biggest hotel group says there is no reason to issue work permits to large numbers of foreign workers in the tourism sector. Elegant Hotels Group is proof of that. Sunil Chatrani, its chief executive officer since 2012, said that out of more... Read More

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Outages a safety measure

09 July 2017

BARBADOS LIGHT and Power Company (BL&)P) is intentionally causing outages in some areas, and the news has given some customers a jolt. The SUNDAY SUN understands that some businesses and households have been reporting disruptions to their power supply and have been... Read More

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Alex Tasker is Digicel CEO

08 July 2017

BRIDGETOWN – Digicel Barbados today announced the return of Alex Tasker as he becomes the country’s leading communications and entertainment provider’s new Chief Executive Officer. This appointment will take effect on July 17, 2017. A Barbadian national, Tasker... Read More

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BeepBus on route to raise funds

07 July 2017

CARIBBEAN TRANSIT Solutions is continuing its work in revolutionising Barbados’ transport system but the team needs support. The latest endeavour, BeepBus, seeks to provide real time tracking of Transport Board buses and PSV’s so commuters would have accurate, up... Read More

dwayne-devonish

Work output challenge

06 July 2017

IF THERE IS ONE THING to make a Barbadian construction worker more productive, it is more money in his pay packet and a good relationship with his boss. On the other hand, workers in the financial services sector say unfair and unsupportive management will kill their... Read More

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Bank Hike Looming

06 July 2017

THE IMPACT OF GOVERNMENT’S Budget measures is about to hit commercial bank customers and it comes as one bank announced that from next month, a $1.50 fee will be charged on all paper credit card and savings account statements. Royal Bank of Canada (RBC) earlier this... Read More

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Scotiabank Warrens branch moving

03 July 2017

SCOTIABANK’S WARRENS BRANCH and its automated teller machines (ATMs) will be relocating from its current location in the International Trading Centre to the nearby CGI Tower, also in the Warrens area. As a result, the branch will be closed briefly from Thursday July... Read More

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Howard: Best tax won’t work

03 July 2017

PROFESSOR MICHAEL HOWARD said that despite Government’s removal of the 300 items from the National Social Responsibility Levy (NSRL), Barbados’ fiscal problem will not disappear. “Our fiscal problem will not go away as a result of taxation and will occupy the best... Read More

the-crane

Crane on $13m high

03 July 2017

THE CRANE IS “ABSOLUTELY NOT” in financial difficulty, its owner says, and, in fact, made a $13 million profit last year. An upbeat Paul Doyle said the numbers were looking even better for the St Philip property this year. Early indications were that 2018 would also... Read More

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IMF cautions Barbados on public finances

01 July 2017

BRIDGETOWN – The International Monetary Fund (IMF) says the Barbados economy continues to recover due to a stronger tourism performance but warned that improving public finances remains a critical challenge. It said that economic growth in 2016 was estimated to have... Read More

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University of Exeter students tour Light and Power plants

30 June 2017

IT WAS AN amalgamation of good business relations and information exchange on renewable energy when The Barbados Light & Power Company facilitated a tour for 30 people from the United Kingdom, hosted by The University of the West Indies, Cave Hill, Campus. The group... Read More

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