donville-inniss

Inniss leads Bajan mission to Cuba

01 May 2016

MINISTER OF INDUSTRY Donville Inniss will lead a public and private sector delegation on a political/commercial mission to Cuba starting tomorrow. There will be two delegations going on the trip, a business delegation, comprising the companies looking to sell their... Read More

mark-zuckerberg

Lawsuit filed against Facebook

30 April 2016

SAN FRANCISCO – A Facebook Inc shareholder filed a proposed class action lawsuit on Friday in a bid to stop the company’s plan to issue new Class C stock, calling the move an unfair deal to entrench Chief Executive Mark Zuckerberg as controlling shareholder. The... Read More

jaggernauth-dass-and-selwyn-cambridge-042516

Boost for start-ups

30 April 2016

OPPORTUNITIES ARE ABOUT to be delivered at superfast speeds to Caribbean entrepreneurs. Cable & Wireless (C&W) Business has joined forces with The Entrepreneurial Network (TEN) to deliver the first Caribbean Start-Up Summit – an innovative forum that will bring together... Read More

businessauthority-new

To be stressed or not to be stressed?

30 April 2016

EVERYONE FANTASISES ABOUT a nonchalant and unruffled life. However, most of us battle every day with the pressures and stress this world has to offer. These strains range from individual factors in our personal lives to constraints and uncomfortable environments in... Read More

hoyosfile-new

THE HOYOS FILE: Better off, better schooled but less healthy

30 April 2016

MINISTER OF FINANCE CHRIS SINCKLER, who appears to have taken a firm grip on his own health – by admirably losing many pounds in recent times – now has the collective health of the country on his mind. Giving a few glimpses into what might be in his Budget Speech coming... Read More

jerry-franklin-083115

Energy efficiency utility wanted

29 April 2016

I HAVE BEEN WRITING about energy efficiency as a critical component to going 100 per cent renewable for a while and have shown how it can help individual households and businesses reduce their bill by as much as 50 per cent. However, to date energy efficiency seems... Read More

asiseethings-new

AS I SEE THINGS: The entrepreneurial state – Part 1

29 April 2016

THE HISTORY OF ECONOMIC THOUGHT is replete with discussions about the role of governments versus the business community in transforming the financial landscape of countries all around the world. That debate in the literature goes as far back as the 17th century with... Read More

businessauthority-new

Competition for Bajan meat producers from UK

29 April 2016

BARBADIAN BEEF AND LAMB PRODUCERS are facing competition from the United Kingdom. AHDB Beef & Lamb, which is a division of the Agriculture and Horticulture Development Board in the UK, is targeting the Barbados market with its products. In a statement issued last week,... Read More

ryan-thorpe

Store owner calls for BWA redress

29 April 2016

A BUSINESSMAN in The City is seeking legal advice regarding the Barbados Water Authority’s (BWA) ongoing work along Roebuck Street. Ryan Thorpe, owner and operator of MumTaz Deli, said he was owed compensation for loss of earnings during the period of the construction... Read More

behindtheheadlines-new

BEHIND THE HEADLINES: Time for Panama Papers fightback

28 April 2016

THERE IS SOMETHING distinctly familiar about the intriguing advice that Dr Daniel Mitchell, a senior fellow at the Cato Institute, a prominent conservative think tank in Washington, is offering to Barbados about the Panama Papers. “The story of the Panama Papers is... Read More

tony-brathwaite-042516

Love for joinery paying off

28 April 2016

IF THERE IS ONE THING that Tony Brathwaite will tell you about unabashedly, it is his love for joinery. The unmistakable passion resonates in his voice, even at the end of what he said is a typically long day for him. He is not boastful or arrogant. He truly enjoys... Read More

maxine-mcclean-randy-graham-chris-sinckler-and-sir-frank-alleyne-042516

CIBC a player in insurance market

28 April 2016

THE FIGHT FOR market share in Barbados’ already highly competitive insurance industry is set to intensify. That’s because the Financial Services Commission (FSC) has given CIBC FirstCaribbean and a company called Colonial Medical Insurance Company Limited permission... Read More

jetblue-fort-lauderdale7

Wider Florida market beckons

28 April 2016

THE BARBADOS TRAVEL MARKET is expected to have ease of access to the Greater Fort Lauderdale area, thanks to Jet Blue. Elizabeth Ninomiya, manager of corporate communications for Latin America and the Caribbean, described Barbados as a very important and major market... Read More

donna-wellington-and-randy-graham

CIBC FirstCaribbean enters insurance market

27 April 2016

CIBC First Caribbean has expanded its operations to include insurance services. The bank last night launched CIBC First Caribbean Home and Auto Insurance, its newest product being offered in partnership with Massy United Insurance, at the Warrens Autodome. Managing... Read More

ontheright-new

ON THE RIGHT: International business alive and kicking

27 April 2016

THE INTERNATIONAL BUSINESS SECTOR is a very important sector for Barbados’ economy. In fact, it is somewhat underappreciated. I always say this and I get some people a little riled but it is a fact. When you think of this sector and its contribution in terms of corporation... Read More

ontheleft-new

ON THE LEFT: Offshore centres not generally bad

27 April 2016

LIKE MANY PEOPLE, I have found the details of the Panama Papers case very concerning as it suggests there might have been tax evasion on a grand scale. Clearly, tax evasion is illegal and punishable by law. It is a serious criminal global issue that needs to be tackled... Read More

theissue-new

THE ISSUE: No certainties for offshore sector

27 April 2016

BARBADOS HAS FACED and overcome many challenges in defence of its important international business and financial services sector. It seems that as soon as one hurdle is safely navigated, another appears and becomes a worrying obstacle. Battles against action taken by... Read More

carlington-o-connor

Soft spot for furnishings

26 April 2016

IT IS STILL A WHILE BEFORE Carlington O’Connor expands his fledgling St Michael business, but that has not stopped him from making plans to ensure its continued success. O’Connor told BARBADOS BUSINESS AUTHORITY that he had been upholstering and repairing furniture... Read More

hoyosfile-new

THE HOYOS FILE: Saving BAICO and CLICO policyholders

26 April 2016

ALTOGETHER, RESCUING THE LIFE INSURANCE and annuity policyholders in British American Insurance Company (BAICO) and Colonial Life Insurance Company (CLICO) will cost Barbados taxpayers close to half a billion dollars. That is the sum I have come up with having read... Read More

barbados-port

Port cuts ten more

26 April 2016

ABOUT TEN MORE WORKERS from the Barbados Port Inc. will be on the breadline by the end of this week. In disclosing the latest exodus of workers via voluntary severance yesterday, chief executive officer David Jean-Marie said it was part of an ongoing retrenchment... Read More

pine-hill-dairy-church

Drought affects milk supply

26 April 2016

THE SUPPLY OF MILK to Pine Hill Dairy (PHD) by local farmers has been hit by drought conditions. The situation has forced the dairy to tap into its inventory to meet demand, operations manager Lorenzo Roach said. However, he insisted that the situation, though... Read More

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