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Barbados economy poised for big rebound

Barbados economy poised for big rebound


The economy barely grew in 2021, but the Central Bank of Barbados is predicting a double digit expansion this year if all goes well. An improved employment situation and better financial performance by Government are also on the cards, Governor Cl...

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Workers in Britain to head back to the office

Workers in Britain to head back to the office


London - Many workers are set to return to the office this week after work-from-home guidance was ditched in England. But while some staff say they cannot wait to go back in, others are disappointed they can't continue working from home full time....

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Massy retail shows resilience

Massy retail shows resilience


Massy Holdings Limited says its retail and distribution businesses have showed their resilience as the COVID-19 pandemic persisted last year. The group said businesses making up this integrated retail portfolio segment in its Trinidad and Tobago h...

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Top 10 YouTube content creators earn $300M

Top 10 YouTube content creators earn $300M


Jimmy Donaldson, the 23-year-old American better known as MrBeast, was YouTube’s highest-earning content creator in 2021, according to Forbes. His elaborate stunts have generated more than 10 billion views on the platform and earned him $54m. H...

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Barbados in the Metaverse

Barbados in the Metaverse


The Metaverse. What is it? How do Barbadians benefit? Last month the world took note when Barbados announced and signed off on becoming the first country to adopt the Metaverse. You can think of the Metaverse as a world of science fiction that ...

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Private investment has key role

Private investment has key role


The International Monetary Fund (IMF) is banking on private sector investment “partly replacing” the inflows from international financial institutions, but not in the short-term. Its staff also said in the latest Barbados country report that futur...

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Ready for VAT-free Monday

Ready for VAT-free Monday


President of the Barbados Chamber of Commerce and Industry, Anthony Branker, says members in the retail sector are working around the clock ahead of Monday’s VAT free shopping day. In a statement issued on Sunday night via the Barbados Government ...

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ICBL reaps $11 million profit

ICBL reaps $11 million profit


The Insurance Corporation of Barbados Limited (ICBL) is reporting an $11 million profit for the quarter ended September 30. The information was published in the company’s latest consolidated financial statements, in which shareholders were also to...

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Barbados to get $48m more from IMF

Barbados to get $48m more from IMF


The International Monetary Fund’s (IMF) executive board has given the green light for Barbados to immediately receive another $48 million, which would bring to $850 million the amount of IMF funding Government has received since 2018. The approval...

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American shoppers feel pinch of higher prices

American shoppers feel pinch of higher prices


Washington – American shoppers, especially those on low incomes, have felt the pinch of higher prices, with annual inflation at rates not seen for 40 years. The latest figures show prices rose 6.8 per cent in the year to November. Bibi who work...