THE HOYOS FILE: A case of shoddy ‘research’

10 February 2016

I SIMPLY DON’T HAVE enough time to check into all of the weird things that go on in Barbados relating to our economic performance as a country. But this issue of whether the Government owes backpay to the National Union of Public Workers’ (NUPW) members at the Grantley... Read More


GEL records $62 million profit

10 February 2016

ADOPTING A BUSINESS MODEL that focuses heavily on overseas diversification is paying off handsomely for Barbadian conglomerate Goddard Enterprises Limited (GEL). GEL has earned nearly $62 million in profits after what its directors called a “record-breaking” 2015.... Read More


Region must err on the side of caution

08 February 2016

IT’S BEEN A ROUGH START TO2016, as seen by the recent bouts of financial volatility, stemming from uncertainties related to the slowdown in China, lower commodity prices, and divergent monetary policy in advanced economies. The global recovery continues to struggle... Read More


AS I SEE THINGS: Surviving in a dynamic world

08 February 2016

LAST JULY, former Prime Minister of Barbados Owen Arthur delivered a speech at The Gleaner Editors’ Forum, held at the company’s Kingston, Jamaica office, in which he alluded to the changing economic circumstances facing Caribbean countries and the kinds of adjustments... Read More


CTO, CHTA join fight against Zika virus

08 February 2016

WARY OF THE potentially devastating impact the Zika virus could have on the Caribbean’s rebounding tourism industry, regional officials have issued a call-to-action to the sector. The Barbados-based Caribbean Tourism Organisation (CTO) and Caribbean Hotel and Tourism... Read More


BEHIND THE HEADLINES: Why Worrell should change course

07 February 2016

IT WAS A THUNDERING MOVE by one of the Caribbean’s leading media institutions and it was aimed, for good reason, at Dr DeLisle Worrel, governor of Barbados’ Central Bank. In an unusual step for an independent newspaper, the Nation published a front page editorial in... Read More


TOURISM MATTERS: Sprucing up for winter

07 February 2016

SOME YEARS AGO, we pioneered a concept that was dubbed Tourism Enhancement Month. The simple idea was to persuade our paint manufacturers and suppliers, hardware, equipment rental and landscape companies to extend an extra discount to what was then our 100-plus small... Read More


IDB points out positives

07 February 2016

THE INTER-AMERICAN DEVELOPMENT BANK (IDB) sees some positive economic signs for Barbados. However, the financial institution – similar to others giving forecasts – says medium-term growth will reach only one per cent, which it said was based on expected starts for “tourism-related... Read More


How the US rate increase affects the Caribbean

06 February 2016

THE OUTLOOK for the world economy is mixed. While some major economies are experiencing solid growth, several economies, including major emerging markets, are facing challenges. The United States (US), the United Kingdom, India, and some European countries are projected... Read More


BARBADOS EMPLOYERS' CONFEDERATION: 24/7 operations and the issues

06 February 2016

OVER THE PAST 12 MONTHS there has been much discussion on the implementation of a 24/7 economy and the possible implication for employees and businesses alike. While ’round-the-clock service is increasingly imperative to ensure economic development, the management of... Read More


THE HOYOS FILE: No country for falling oil prices

06 February 2016

TRINIDAD & TOBAGO’S (T&T) economy, the once and still mighty financial battleship that cruises these Caribbean waters, bringing supplies of food and dinosaur energy to its geographically smaller and economically weaker neighbours, now faces the kind of attrition it... Read More


GEL now catering in Colombia

05 February 2016

BARBADIAN CONGLOMERATE Goddard Enterprises Limited (GEL) has made a major acquisition in Colombia. GEL announced that its subsidiary Goddard Catering Group (GCG) had diversified its portfolio into hospital catering with the purchase of Inversiones Ibero Caribe SAS,... Read More


An economy for the world’s richest

05 February 2016

THE GLOBAL INEQUALITY CRISIS is reaching new extremes. The richest one per cent now have more wealth than the rest of the world combined. Power and privilege is being used to skew the economic system to increase the gap between the richest and the rest. A global network... Read More


Classics worth millions

05 February 2016

OWNERS OF CLASSIC CARS in Barbados could be holding assets worth millions of dollars. This emerged during the Barbados Classic Car Association’s first show for 2016, which was sponsored by Courtesy Garage and staged recently at Content, St Thomas. More than 40 classic... Read More


Scotiabank rewards employees

04 February 2016

OUTSTANDING PERFORMANCE and unwavering commitment to customers put 26 Scotiabank employees in the spotlight at the Best Of The Best annual staff awards ceremony recently. They were recognised at a ceremony at the Lloyd Erskine Sandiford Centre at the end of a year in... Read More


One-on-one with Kevin

04 February 2016

WHEN KEVING FREDERICK was about 13 years old he knew that he wanted to be involved in fitness. “I started being a certified personal trainer about three years ago but I’ve been into the business of fitness literally half of my life, about 15 years, and I’m 32,” he told... Read More


Dairy records $3.3m profit

04 February 2016

AMID CONCERNS that agriculture is not contributing enough to the economy, Barbados’ lone commercial dairy has made its largest profit in several years. Barbados Dairy Industries Limited, better known as Pine Hill Dairy (PHD), earned a $3.3 million profit by the end... Read More


ON THE RIGHT: Broader measures of growth needed

03 February 2016

THE EXTRAORDINARY ECONOMIC EXPANSION of the past 50 years was clearly a success in terms of gross domestic product (GDP). The world economy is six times larger, and average per capita income has almost tripled. But what about the environmental impact of sustained high... Read More


ON THE LEFT: Human well-being not calculated

03 February 2016

THERE IS GROWING RECOGNITION that we need to evolve a healthier, more just economic system. One step towards this is creating better tools to evaluate how the economy is actually performing. Currently, economists and politicans use the gross domestic product (GDP) to... Read More


THE ISSUE: Alternatives would be welcome

03 February 2016

IT IS A SYSTEM of measurement that over time has become widely used by the world’s countries. Some people, and indeed some economic stewards are essentially made and broken by it. The system in question is the Gross Domestic Product (GDP), the means by which Barbados... Read More


THE HOYOS FILE: We are all like Sisyphus now

02 February 2016

IN GREEK MYTHOLOGY Sisyphus was a king who did a lot of “wrong things” and was punished, according to Wikipedia, by “being forced to roll an immense boulder up a hill, only to watch it roll back down, repeating this action for eternity.” In Barbados, the Barbados Tourism... Read More




Should the student be allowed to return to Springer Memorial or is there too much water under the bridge?

Don't Know