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Friday, August 29, 2008

Business

Today’s Business News

IMF's wages warning

THE INTERNATIONAL MONETARY FUND (IMF) has added its voice to the call to moderate wages in Barbados.

The IMF said "wage moderation was needed to minimise second-round effects of the oil and food price shocks and...

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Higher cost to ship goods

by JULIA RAWLINS

IT IS COSTING MORE to ship goods in and out of Barbados.

The shipping industry which was already hit by three increases this year is expected to face another one as early as next...

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IMF: wage restraint the way

The International Monetary Fund (IMF) has added its voice to the call to moderate wages in Barbados.

This may not be good news for labour leaders particularly at time when the public sector has proposed a 15 per cent increase in salaries...

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