• Today
    November 18

  • 03:34 PM

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Creditors’ concern

15 June 2018

Some “major” foreign creditors have joined forces in an effort to make sure they are not disadvantaged as Government fixes Barbados’ debt problems. On Friday, Newstate Partners LLP, an independent advisory firm based in London, announced that it was advising several... Read More

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Myers moving to BTII, BHTA names new board

13 June 2018

Roseanne Myers has been named the new chairman of the Barbados Tourism Investment Inc. (BTII). Prime Minister Mia Mottley made the announcement this afternoon at the Lloyd Erskine Sandiford Centre during an address at the Barbados Hotel and Tourism Association’s... Read More

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Herbert impressed and excited

11 June 2018

President of the Barbados Private Sector Association, Charles Herbert, is “excited” about the possibilities for economic recovery that Prime Minister Mia Mottley’s Mini-Budget offers. “I am very happy that this is the first phase in our recovery plan. We do realise... Read More

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FULL TEXT: Mini Budget Presentation

11 June 2018

The full text of the Mini Budget Presentation delivered by Prime Minister and Minister of Finance Mia Mottley is available for download. Read More

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Statement from the Ministry of Labour and Social Partnership Relations on the occasion of World Day Against Child...

11 June 2018

The following is a statement from the Ministry of Labour and Social Partnership Relations on the occasion of World Day Against Child Labour Tuesday, June 12, 2018. The fight against child labour is on! This scourge persists not only in the Caribbean but all over... Read More

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Key points from Mini Budget

11 June 2018

Below is a summary of the key fiscal measures announced by Prime Minister and Minister of Finance Mia Mottley in her Mini Budget presentation delivered on June 11, 2018. Read More

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Upgrades cost more

09 June 2018

Since last month, Digicel customers have been paying more for upgraded bundle and broadband-only plans. And from July 1, some FLOW customers will also have to pay slightly more to use their mobile phones, talk on the landline and access broadband services. Digicel... Read More

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Barbados announces departure of IMF mission and appointment of legal advisor

08 June 2018

The Government of Barbados announced today that a team from the International Monetary Fund (IMF), led by Bert van Selm, has concluded its three-day visit to Barbados. During this visit, the Fund team was updated on the economic and financial situation in Barbados.... Read More

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IMF points to ‘bitter medicine’

07 June 2018

Even before it reaches an agreement to help Government, the International Monetary Fund (IMF) has prescribed some bitter medicine for Barbados. An IMF team headed by Dr Bert van Selm ended a three-day visit to the island yesterday warning that Barbados was in a “precarious... Read More

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Sagicor hauls in US$115m profit

05 June 2018

Sagicor Financial Corporation is flourishing while Barbados and other Caribbean economies battle fiscal and debt problems. Group chief operating officer Ravi Rambarran yesterday reported that last year Sagicor recorded its best overall performance since 2008. The... Read More

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Sagicor welcomes IMF move

04 June 2018

Sagicor Financial Corporation has welcomed Government’s decision to get help from the International Monetary Fund. The company’s chief operating officer Ravi Rambarran said: “We view that as a welcome development, it demonstrates recognition of the problem, acceptance... Read More

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Another downgrade

03 June 2018

Government’s decision to suspend debt payments to external commercial creditors has triggered a credit rating downgrade for Barbados by a regional agency. Trinidad and Tobago-based Caribbean Information & Credit Rating Services Limited (CariCRIS) announced that effective... Read More

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Charity wants to meet with Govt

02 June 2018

One of the island’s most generous charitable organisations wants discourse with the Mia Mottley administration. So says chairman Robert Bourque of the Broadway to Barbados Charitable Trust (BBCT), which has donated more than $2.5 million in equipment and assistance... Read More

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BCCI has a new president

01 June 2018

The Barbados Chamber of Commerce & Industry (BCCI) is pleased to announce that after the proceedings of the 192nd Annual General Meeting (AGM), Edward Clarke was elected as the 55th president of the BCCI. Clarke is currently the executive vice president and general... Read More

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Persaud leaves RBC to join Mottley’s team

31 May 2018

BRIDGETOWN — RBC’s managing director for Barbados and regional operating officer for the Southern Caribbean Robert de Silva has announced that Professor Avinash Persaud has resigned from his directorships with RBC companies. “Professor Persaud submitted his resignation... Read More

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BHTA statement on PM's tour of South Coast

31 May 2018

The Barbados Hotel and Tourism Association (BHTA) is heartened by the urgent attention being given to the challenges with the South Coast Sewerage Plant by Prime Minister, the Hon. Mia Mottley, QC, MP, just days after taking up office. The Prime Minister, other Government... Read More

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PM Mottley: Very good Social Partnership meeting

28 May 2018

Prime Minister Mia Mottley has described today’s three-hour meeting with the leadership of the Social Partnership as “very good”. Speaking after the meeting, Mottley said the membership agreed that the action is so urgent, that dialogue will continue on Friday, in... Read More

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Anguilla to receive US$5.6 million loan from CDB to meet debt obligations

28 May 2018

ST GEORGE’S, Grenada – The board of directors of the Caribbean Development Bank (CDB) has approved a loan of US$5.6 million to assist the Government of Anguilla in meeting its fiscal obligations after the destruction caused by Hurricane Irma in 2017. The funds will... Read More

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Williams pushing Blackbelly products

28 May 2018

BARBADOS’ BLACKBELLY SHEEP SECTOR is set to get a major boost from one of the country’s largest companies. C.O. Williams Farms is diversifying its range of products and offering leather goods which it recently launched at the Barbados Manufacturers’ Exhibition (BMEX)... Read More

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Economy in dire straits

26 May 2018

Barbados’ economic situation is even more dire than initially thought – so serious that our BD$2 to US$1 exchange rate could be in jeopardy. An analysis of the just released International Monetary Fund (IMF) Barbados Staff Report for the 2017 Article IV consultation... Read More

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Employers on notice

24 May 2018

There should be no misunderstanding in allowing employees time to vote today, as employers have been notified that by law, they must allow their staff enough time to vote and cannot deduct any money from their pay for doing so. If they do differently, they can be... Read More

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