• Today
    February 17

  • 11:20 PM

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Purity hiking its bread prices only

29 June 2018

There will be an increase in prices of some of Purity Bakeries' bread. However, general manager Ralph Holder said there would be a drop in price for other products when the National Social Responsibility Levy (NSRL) is removed. Purity, in a release yesterday,... Read More

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Construction of Sandals Beaches to start next year

28 June 2018

Construction of the multi-million-dollar Sandals Beaches hotel in St Peter is going ahead despite the current bleak economic climate in Barbados. Sandals International group deputy chairman Adam Stewart says this assurance has been given to Prime Minister Mia Mottley... Read More

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UK Trade Commissioner to Latin America and the Caribbean visits Barbados

28 June 2018

The UK’s HM Trade Commissioner to Latin America and the Caribbean, Joanna Crellin, visited Barbados from June 22 to 23 as a part of a regional tour, which included Jamaica, Guyana and Trinidad and Tobago. The Trade Commissioner’s schedule in Barbados included meetings... Read More

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Short on workers, German companies offer more employee flexibility

27 June 2018

BERLIN – German companies are so desperate to attract staff that they are falling over themselves to offer perks such as long holidays, shorter hours, flexible shifts and sabbaticals, even though employees here already work the fewest hours in the developed world. ... Read More

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Task force to tackle $1.6b debt

25 June 2018

Faced with $1.6 billion in arrears accumulated over the last five years, Government is assembling a “dedicated task force” to help solve the problem. The Mia Mottley administration says the full extent of the amount owed, which includes $500 million in tax refunds... Read More

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PSVs fear for future

24 June 2018

Minibus and route taxi owners are predicting increased operating costs as a result of the recent economic measures outlined by Prime Minister and Minister of Finance Mia Amor Mottley in the Mini-Budget. And while the Association of Public Transport Operators (APTO)... Read More

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NIS warning

24 June 2018

Pay your National Insurance contributions to ensure you receive a pension, and don’t wait for a financial need or crisis, advises Minister of Labour Colin Jordan. His appeal, aimed principally at self-employed people, came during his address on Saturday night at... Read More

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Trade war worries slam China and emerging markets

19 June 2018

LONDON − Chinese stocks fell almost four per cent and alarm bells rang across global markets on Tuesday, as trade tensions between the United States and China escalated further. The yuan also hit a five-month low overnight after US President Donald Trump threatened... Read More

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Caribbean Airlines ranked 34th in global on time performance  

18 June 2018

PORT OF SPAIN – The OAG (Official Aviation Guide) has ranked Caribbean Airlines 34th in the world, based on on-time performance (OTP) for May 2018. The OTP of over 150 airlines was used to determine the ranking. According to the OAG’s monthly Flight Review, Caribbean... Read More

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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

imf

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

sagicor

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

POLL

With more public servants set to go home next month, do you think that the Barbados Economic Recovery and Transformation programme (BERT) is working?

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