alex-mcdonald3

Workers can join walk if they want to, say bosses

19 May 2016

WORKERS IN THE PUBLIC and private sectors may be hitting the streets in protest today, though there was still uncertainty as to how big that support will be. After leading an estimated 3 000 people on a march in July 2014 against Government’s municipal solid waste... Read More

mark-maloney

Cement fight heads to law courts

19 May 2016

A LEGAL BATTLE appears to be brewing for the regional distribution rights for Rock Hard Cement. Chairman and chief executive officer of Rock Hard Cement, Mark Maloney, told the DAILY NATION yesterday he had filed a lawsuit after he had been informed that the Trinidad... Read More

miller-brothers-building

Ice Factory up for sale

18 May 2016

ONE of the most recognisable buildings on Tudor Street is up for sale. The asking price for Miller Brothers Ice Factory is $2.7 million. The building, with its statues of Venus and two Greek gods, has long been a significant landmark in Bridgetown. It was built... Read More

margaret-sivers

BRA to auction 28 properties

18 May 2016

THE BARBADOS REVENUE Authority (BRA) has launched a major effort to recover thousands of dollars in land taxes owed to the state. In three full-page advertisements in today’s MIDWEEK NATION, BRA Revenue Commissioner Margaret Sivers announced the auction of 28 properties... Read More

estimates-bank

Govt pulls in $90m from savings bonds

18 May 2016

GOVERNMENT says it has raised $90 million in the past six months through the issuance of savings bonds which are in “hot” demand. Minister of Finance Chris Sinckler made the disclosure in the House of Assembly yesterday as he introduced the Savings Bonds) Validation... Read More

sandals-sickkids

$200 000 for SickKids from Sandals

18 May 2016

EVERY YEAR, hundreds of children in Barbados and the Caribbean are diagnosed with varied forms of cancer and blood disorders. And their chances of survival could potentially now be boosted through a $200 000 injection by the Sandals Foundation. Sandals and The Hospital... Read More

flow

Fresh investment likely from C&W take-over

17 May 2016

BARBADOS IS IN LINE for a fresh injection of investment following yesterday’s US$7.4 billion acquisition of Cable & Wireless Communications (C&W) by Liberty Global plc, the world’s largest cable company. And Liberty Global chief executive officer (CEO) Michael Fries... Read More

massy

Massy banking on Barbados market

17 May 2016

THE MASSY GROUP is reaping the benefits of its investments in Barbados as the Trinidad economy continues to face a tailwind from historically low oil prices. In its just-released unaudited consolidated financial statements for the six months ending March 31, chairman... Read More

donville-inniss

Label probe

16 May 2016

THE PROBING EYES of the Department of Commerce as well as the Barbados Investment and Development Corporation (BIDC) will be trained on unscrupulous manufacturers from tomorrow. And the minister who has responsibility for commerce and industry is promising the two... Read More

akanni-mcdowall

NUPW may walk with BLP

16 May 2016

THE PUBLIC SERVICE could be in for a major disruption on Wednesday when the National Union of Public Workers (NUPW) calls out public officers to a major meeting. And while the focus of the 2 p.m. session is set to be on salary increase proposals, yesterday NUPW president... Read More

flow

Flow, CWC under new owner

16 May 2016

CABLE & WIRELESS COMMUNICATIONS (CWC) should be under new ownership from today. The long-time Caribbean telecoms provider is being taken over by Liberty Global, owned by American billionaire John Malone. Last November, Liberty, which has its headquarters in London,... Read More

guyson-mayers2

$300 000 adviser

13 May 2016

THE BARBADOS GOVERNMENT is spending big bucks to ensure it has the right systems in place to fight money laundering and terrorism financing within our shores. So serious is the Freundel Stuart Administration that two weeks ago the Cabinet agreed to hire attorney... Read More

jennifer-atkinson

Barbados praised for turnaround

13 May 2016

A UK-BASED luxury travel company has credited Barbados for a huge turnaround in its fortunes over the past few years. According to ITC Luxury Travel’s chief executive officer Jennifer Atkinson, while the tour operator offers holidays to any destination in the world,... Read More

stephenmcnamara2

Sagicor boss calls for strong heads

11 May 2016

ONE OF THE region’s top businessmen says leadership is going to be crucial to addressing many of the economic and social challenges in Barbados and the region. The advice came from Stephen McNamara, chairman of Sagicor Financial Corporation as he addressed members... Read More

tourists-glass-bottom-boat

Tourism rescue

11 May 2016

A “STRONG” WINTER TOURIST SEASON appears to have spared Barbados’ economic stewards another period of embarrassment. However, Barbadians should brace for more measures that are required to fill the “gap” in the Government’s finances. In a report that was delivered... Read More

delisleworrellcentralbankgovernor

Central Bank printed $190m

11 May 2016

GOVERNMENT IS persisting with its heavy reliance on Central Bank money. Yesterday, Governor Dr DeLisle Worrell reported that not only had his institution channelled $238 million in commercial bank deposits to the Government, but it also supplied $190 million in “newly... Read More

delisle-worrell

Economic growth on the rise

10 May 2016

A “STRONG” WINTER tourist season has given the Barbados economy its largest amount of growth for several years. In a first quarter review issued later than usual, Central Bank Governor Dr DeLisle Worrell said the economy expanded by “an estimated 1.7 per cent” between... Read More

joseph-murillas-and-freundel-stuart

Oil Deal

10 May 2016

IN A FEW MONTHS, drilling for oil and gas will commence off the shores of Barbados. Yesterday the Black Belly Block located off the island’s West Coast was awarded to Spanish company Repsol S.A. as part of the Barbados Offshore Petroleum Programme, which was launched... Read More

central-bank-talk

Movement of money a worry

10 May 2016

THE CENTRAL BANK is worried that individuals and businesses could use underground methods to move money across jurisdictions unless a solution is found to the correspondent banking problems facing the region. Governor Dr DeLisle Worrell, who was featured in the most... Read More

anderson-chase

NCC tribunal hearing resumes

10 May 2016

THE EMPLOYMENT RIGHTS TRIBUNAL resumed hearing on the matter of the former employees of the National Conservation Commission (NCC) yesterday. This time it is for the close to 30 workers represented by the Barbados Workers’ Union (BWU). Attorney Edmund King is... Read More

vauxhall-shooting

Rattled by gunplay

07 May 2016

RESIDENTS OF VAUXHALL, Christ Church, are not known for their boisterous or outlandish behaviour. In fact, they are a quiet close-knit community. But Thursday night, for many of the residents, that silence was shattered when the sounds of gunshots rang through the... Read More

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