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    November 14

  • 08:36 PM

cbtt

Central Bank comments on state of Trinidad and Tobago economy

30 September 2018

PORT OF SPAIN – The Central Bank of Trinidad and Tobago (CBTT) says activity in the energy sector continued to pick up in the second quarter of this year and that natural gas production benefitted from the implementation of the Juniper project with positive spill overs... Read More

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Govt starts talks with debtors

29 September 2018

Government has started to have preliminary discussions with several entities it is indebted to. Minister in the Ministry of Finance Ryan Straughn told the Sunday Sun that after these discussions reach an advanced stage, priority would be given to repayment but it... Read More

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Higher fees likely

29 September 2018

Increased user fees and staff cuts could be in the offing as local banks and insurance companies seek to recoup their losses suffered under Government’s debt restructuring programme. That programme offers to swap Government’s financial instruments on which it has... Read More

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LIAT cancels flights due to Tropical Storm Kirk

26 September 2018

LIAT wishes to advise passengers that due to the impending passage of Tropical Storm Kirk, several destinations within the LIAT network will be affected. In the interest of passenger and crew safety, several flights have been cancelled and/or retimed. Read More

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Savings bonds not part of debt restructuring

25 September 2018

The Central Bank of Barbados today clarified that savings bonds are not included in the debt exchange offer. The financial institution made this clarification in response to several queries from the public that these instruments are not part of the offer. Read More

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Travel writers meet at Hilton

24 September 2018

Barbados' tourism sector has hit another regional and local milestone. For the first time ever, the Society of American Travel Writers (SATW) kicked off its annual conference in the Caribbean region with an opening ceremony this morning at the Hilton Barbados Resort.... Read More

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Small business week launched

23 September 2018

The Small Business Association (SBA) kicked off its 2018 week of activities with its church service at the First Baptist Church this morning. Read More

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Gov’t exploring Uber taxi service

23 September 2018

Government is exploring travel options for Barbadians utilising the Uber service with taxi operators. Read More

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Central Bank to host information sessions for creditors

23 September 2018

The Central Bank of Barbados, will be hosting a debt exchange forum exclusively for holders of treasury bills, treasury notes and debentures outstanding as of September 30, 2018. Read More

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CDB officially opens office in Haiti

22 September 2018

PORT-AU-PRINCE – The Caribbean Development Bank (CDB) on September 21 officially opened its Country Office in Haiti, the first outside its headquarters in Barbados. To commemorate the occasion, Dr William Warren Smith, president of the Bank, hosted an inauguration... Read More

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No short fix for the economy

21 September 2018

The road to economic recovery will be long and hard. So says Minister in the Ministry of Finance Ryan Straughn. He was delivering the feature address at the Barbados Stock Exchange Corporate Government and Accountability conference this morning. Read More

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Prescod appointed president of the BCCI

21 September 2018

The Barbados Chamber of Commerce and Industry (BCCI) wishes to announce that effective today, 21 September 2018, Mr. Ezra Prescod was appointed the new President of the BCCI. Read More

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BPSA appoints new chairman

21 September 2018

The Barbados Private Sector Association (BPSA) announced today the election of Edward Clarke, as the new chairman of the Association’s Board of Directors with immediate effect. Read More

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Government making strides towards going green

19 September 2018

“Government is promoting sustainable energy practices within the public sector.” Minister of Energy and Water Resources, Wilfred Abrahams, made the statement today, while on a site visit of the Forensic Sciences Centre and the Frank Walcott Building, where the solar... Read More

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Debt restructuring the way to stability, says Persaud

19 September 2018

Barbados’ debt restructuring is the way back to the path of stability! This was the clear message from Government’s Special Advisor on the Economy, Professor Avinash Persaud, as he addressed a media conference today at the Grande Salle, Tom Adams Financial Centre,... Read More

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Investors to lose

19 September 2018

Scores of Barbadians will earn less money on their investments as Government’s promised debt restructuring kicks in. But representatives from Government’s Economic Team, including Central Bank Governor Cleviston Haynes, said there was no alternative as the debt burden... Read More

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Sandals seeks to clear air regarding withholding taxes

17 September 2018

CASTRIES – Sandals Resorts International (SRI), which has hotel properties in several Caribbean countries, Monday, said it had taken note of “sustained efforts” by parties including an opposition political party, to try and tarnish its reputation. SRI said that these... Read More

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Sagicor rebrands Harmony Hall location

17 September 2018

Following completion of the amalgamation of Sagicor General Insurance Inc (SGI) and Harmony General Insurance Ltd last week, the former Harmony General offices at Harmony Hall, St Michael, opened this morning rebranded to SGI. Several senior Sagicor executives were... Read More

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Government moving to privatise sugar cane industry

15 September 2018

The Barbados government says it is considering merging or partnering the state-owned Barbados Agricultural Management Company Limited (BAMC) with the Barbados Sugar Industry Limited (BSIL), as it seeks to fully privatise the sugar cane industry. Agriculture and Food... Read More

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Sagicor completes amalgamation with Harmony General

13 September 2018

Sagicor General Insurance Inc (SGI) has announced the completion of its amalgamation with Harmony General Insurance Company Ltd following the receipt of regulatory approval by the Financial Services Commission. Keston Howell, President and CEO of Sagicor General... Read More

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CIBC FirstCaribbean’s Anguilla operations to close

12 September 2018

CIBC FirstCaribbean International Bank today announced that it has taken a decision to close its Anguilla office early in the new year. Managing Director of Barbados and the EC Islands, under which the Anguilla business falls, Donna Wellington, noted: “We conducted... Read More

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