While pressure continues to mount on Government to repeal the buggery laws here, Britain’s top diplomat here is hanging on the fence on this issue. High Commissioner Janet Douglas said while Britain supports equal rights for all, it was up to Barbados to decide whether or not it should go that route. “The UK itself […]
Category: Business
On the eve of general elections, Barbadian taxpayers are to have more cash in their pockets. The Barbados Revenue Authority (BRA) today announced that for the second time this week it has received a cash injection from the Treasury to allow it to make further inroads into paying Barbadians their outstanding 2014 tax refunds. In […]
Eager to move on from the recent ‘Windrush generation’ controversy, the United Kingdom today announced it was opening up nine new diplomatic posts across the Commonwealth, including four in the Caribbean. Foreign Secretary Boris Johnson made the revelation saying that in an effort to “boost prosperity, tackle security issues and clear up the environment”, the […]
In a surprise development today, FirstCaribbean International Bank Limited (FCIB) said it had withdrawn its recent public offering made in the United States and is currently no longer pursuing a listing of its shares on the New York Stock Exchange (NYSE). Back in December 2017, the Barbados-based regional financial institution announced that it had filed […]
Barbados’ High Commissioner to London Guy Hewitt and his St Kitts and Nevis counterpart Kevin Isaac on Thursday met with the British home secretary Amber Rudd and senior officials of the United Kingdom’s Home Office for what was described as a successful “partnership” meeting. This comes amid the still simmering “Windrush Generation” controversy which erupted […]
Work is expected to begin next month on a long-awaited shelter for homeless women and children. “In the month of [May] we will be breaking ground for a shelter for females and children, because currently we do have women and children on the streets,” Kemar Saffrey, the founder and president of the Barbados Vagrant and […]
There has been a new twist to the ongoing sewage problem on the south coast. It appears that effluent is being dumped at an “abandoned” hotel yards from Kentucky Fried Chicken in Hastings, Christ Church. An unmarked truck was seen pumping off the waste this afternoon on the premises of the yet incomplete H Barbados […]
A major spoke has been placed in the wheel of car rental companies here that has the potential to put the brakes on some operations. Hired car companies are complaining that the Barbados Licensing Authority has begun to limit the number of visitor permit books the companies are allowed to purchase. They said this had […]
They may not have the blessing of the Michael Lashley-led Ministry of Transport and Works, but operators of privately run public service vehicles (PSVs) who have gone ahead and imposed an additional 50 cents charge for school children to ride in their buses, say it has been smooth sailing so far. The move officially took […]
A leading economist is warning that a better financing model is needed if the local renewable energy sector is to thrive. However, addressing a risk management workshop on renewable energy, Dr Justin Robinson, dean of the Faculty of Social Sciences at the Cave Hill campus of the University of the West Indies, expressed concern that […]
A leading economist has given the thumbs up to yesterday’s power ruling by the Fair Trading Commission (FTC), saying it should help preserve the island’s dwindling foreign reserves and redound to the benefit of the entire country. Reacting to the decision by the FTC to allow the Barbados Light & Power Company (BL&P) to recoup […]
Two months before the Panama-based Copa Airlines kicks off its Barbados service, tourism officials here say they are encouraged by the response they have been getting to the Latin American carrier. In fact, Director for the Caribbean and Latin America markets with the Barbados Tourism Marketing Inc (BTMI) Corey Garrett told those attending the airline’s […]
As China continues to strengthen its position as the world’s second largest economy, business owners from the East Asian country are seeking to forge special bonds with Barbadian businesses. A delegation from the China Chamber of International Commerce comprising high level businessmen and officials from trade organizations is here for a series of meetings aimed […]
Barbados Light and Power (BL&P) has received the green light from the Fair Trading Commission (FTC) to recover over $20 million for its 5MW energy storage device (ESD) through the Fuel Clause Adjustment (FCA). In an application submitted to the FTC in August last year, BL&P had said it was seeking to recover $22,947,770 – […]
Consumers will be paying less for gasoline and kerosene but more for liquefied petroleum gas (LPG) effective midnight Sunday. The new retail price of gasoline will be Bds$3.31 per litre, down from $3.44 per litre, a decrease of 13 cents, while the price of kerosene will be lowered from $1.41 per litre to […]
Proceeds from illicit activities abroad are being laundered through Barbados, according to the latest International Narcotics Control Strategy Report. The United States report, dated March 2018, said the information was based on a review done last year. “Narcotics trafficking, money laundering, and firearms trafficking are major sources of illicit funds in the country. In addition […]
Local manufacturers are said to be eagerly awaiting Prime Minister Freundel Stuart’s announcement of the date for fresh elections, with the newly-elected president of the Barbados Manufacturers Association (BMA) Robert Noel expressing concern that the longer he takes to ring the bell, the more difficult it is becoming for members of the sector to stay […]