flow

Flow nets 16 000 subscribers

23 May 2017

MORE THAN 16 000 mobile subscribers are currently enjoying Flow’s superfast 4G Long Term Evolution (LTE) network. And that number is expected to double by year end. “In less than two months, just over 16 000 mobile accounts, both prepaid and post-paid, are enjoying... Read More

cleviston-haynes

Fiscal discipline a must

23 May 2017

ON TUESDAY, MAY 9th the Central Bank of Barbados held its first economic press conference since 2014. It was hosted by Acting Governor Cleviston Haynes, who succeeded Dr DeLisle Worrell who was fired in February. Haynes touched on a range of economic issues while fielding... Read More

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Finance needs leaders

22 May 2017

EASTERN CARIBBEAN CENTRAL BANK (ECCB) Governor, Timothy Antoine, says the region must make urgent changes if its financial sector is to thrive in the modern, global economy. Antoine was delivering a keynote address, entitled Imperatives For Financial Sector Development... Read More

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A passion for colour

21 May 2017

BEFORE SHANIQUA THOMAS was creating beautiful faces with her brushes and colour palettes, she was trying to find her passion, that one thing she truly loved and motivated her to keep going. In an interview with BARBADOS BUSINESS AUTHORITY Thomas said she was always... Read More

sunil-chatrani

Elegant in expansion mode

20 May 2017

ELEGANT HOTELS GROUP PLC is pressing on with its expansion strategy. Elegant chief executive officer Sunil Chatrani said he company would continue to “focus on under-performing hotels that can be refurbished, repositioned and replaced, both in Barbados and throughout... Read More

don-wehby-051517

Grace still keen on Barbados

19 May 2017

GRACEKENNEDY (GK) LIMITED, one of the Caribbean’s largest conglomerates, is looking for new investment opportunities in Barbados. Last week, the Jamaica-based company, which has 60 subsidiaries and associated companies in the Caribbean, North and Central America,... Read More

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Big plans in store for Bathsheba

18 May 2017

TRANSFORMING THE CLOSED New Edgewater Hotel into a “new tourism development” is among suggestions to improve Bathsheba, St Joseph. Other proposals in the new Bathsheba Community Plan include developing an Interpretive Centre at the Hill Crest archaeological site... Read More

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Income gap grows

18 May 2017

INCOME INEQUALITY IN Barbados is heading in the wrong direction. That’s the conclusion of new research by a Guyanese economist, who linked the trend to increasing wealth generated through the international business and financial services sector. Collin Constantine... Read More

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IMF welcomes St Kitts’ plan to establish growth resilience fund

17 May 2017

BASSETERRE – The International Monetary Fund (IMF) has welcomed the government’s commitment to establishing a Growth and Resilience Fund (GRF). The international lending agency in its concluding statement of the 2017 Article IV Mission says once the GRF is established... Read More

central-bank-talk

Improving work ethic

17 May 2017

IMPROVING PRODUCTIVITY REQUIRES coordination between government and the private sector. On April 19, I attended the annual meeting of the Bretton Woods Committee, where the speakers included Tharman Shanmugaratnam, Deputy Prime Minister of Singapore, along with other... Read More

businessauthority-new

Barbados still in the woods

16 May 2017

BETWEEN 2006 AND 2016, Barbados experienced ten consecutive rating actions by international rating agency Standard & Poor’s (S&P). In March, 2017 that number increased to 11 with S&P downgrading Barbados’ sovereign credit rating from “B-“ to “CCC+”; the negative outlook... Read More

reginald-farley

Call to fix implementation woes

16 May 2017

BARBADOS NEEDS TO drive into the project implementation fast lane. Such acceleration would be helped by a commercial court that deals with contractual and other disputes. Institute of Chartered Accountants of Barbados (ICAB) executive director Reginald Farley... Read More

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Sprucing up Belleplaine

16 May 2017

BELLPLAINE, THE LARGEST community within the area designated as Barbados’ National Park, is to be the focus of major renewal. That’s based on a Belleplaine Community Plan proposed as part of the revamped Physical Development Plan and in which the St Andrew village... Read More

jetblue-to-cuba

Don’t fear Cuba tourism

15 May 2017

BARBADOS TOURISM OFFICIALS should not be losing sleep over the expected opening of United States (US)-Cuba tourism. That’s the implication of new research released by the International Monetary Fund. While noting that their analysis was “a static one that holds... Read More

hoyosfile-new

THE HOYOS FILE: Sir Richard’s business adventure

15 May 2017

SIR RICHARD BRANSON, who is among the most storied and passionate entrepreneurs of our time, gave at least two publicly-staged interviews over about a week. The ones I am referring to are his appearance on a Washington Post-sponsored Programme called Cape UP, in... Read More

esther-byer-suckoo-and-paul-collymore-with-patricia-dass-and-sadie-white-and-dwayne-greenidge-050817

Boost for tourism training

14 May 2017

THE OCEAN HOTELS GROUP has cemented itself as a leader in training and human resource development in the tourism and hospitality industry. This was underscored with the recent accreditation of Ocean Two Resort, one of three hotels in the group, as an assessment centre... Read More

businessauthority-new

BARBADOS EMPLOYERS' CONFEDERATION: BEC at 60 and beyond

14 May 2017

AS WE COMMENCE our week of activities, we thought it best to remind our readers of our purpose and vision for employment relations in Barbados. The Barbados Employers’ Confederation (BEC), founded in 1956, continues to be a membership based private sector trade union... Read More

bloc-outside-the-box

OUTSIDE THE BOX: Be brave for love of country

14 May 2017

A NUMERICAL TABLE appended to a document should not have the power to make a big man or woman afraid. Perhaps it should, so what follows is a sense of the urgency of now. I have written about Government debt in this column before but I want to return to it again.... Read More

businessauthority-new

Talent war and workplace conflict

13 May 2017

THE SAGA OF existing employees waging war against newcomers and their positive attitudes raises concerns for human resources practitioners who are concerned with continuously improving the level and quality of talent acquired by the organisation. There has been a... Read More

asiseethings-new

AS I SEE THINGS: More analysis needed to find missing link

13 May 2017

BASED ON ALL the discussions in the public domain in recent times, it is fair to conclude that most pundits have become convinced that the Barbados economy is under real economic stress and drastic action is needed to reverse the trends in the fiscal deficit and foreign... Read More

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Transport solutions drive

13 May 2017

BARBADIAN COMPANY Caribbean Transit Solutions, which is focused on improving public transportation systems here and overseas, has launched a funding campaign to develop one of its main platforms. Using the crowdfunding mechanism, which involves raising small amounts... Read More

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