Payroll shouldn’t be first cost cut – Williams Barbados Today13/08/20200131 views Corporate leaders have been advised against rushing to job cuts as the first option in the fallout from the COVID-19 pandemic, renowned industrialist Ralph “Bizzy” Williams has urged. Williams joined… Read more
Economic fallout continues to wreck restaurants Marlon Madden12/08/20200124 views The deadly COVID-19 pandemic is continuing to take a serious bite out of the local restaurant industry. The latest business on the verge of closure is the popular De Outback… Read more
Interest forgiveness not likely Marlon Madden07/08/2020059 views Bank customers hoping to get away from paying accumulated interest on their loans because of the moratoria offered in light of the COVID-19 pandemic can forget about it. However, Governor… Read more
COVID ‘cloud of economic uncertainty’ Barbados Today07/08/2020045 views The Caribbean Development Bank (CDB) has warned regional governments to fortify their health care systems and do more to push private sector development as economic activity across the region has… Read more
Naitram urges restructuring of main economic engine Marlon Madden07/08/2020267 views President of the Barbados Economic Society (BES) Simon Naitram is raising an alarm that the tourism sector could prove to be a net user of foreign exchange more than it… Read more
City businesses eye back-to-school shopping boost Randy Bennett07/08/2020141 views Some businesses have expressed optimism that next month’s reopening of schools will boost sales. Acting Chief Education Officer Joy Adamson on Wednesday set the new school year to begin on… Read more
BOSS prospects ‘good’ Marlon Madden06/08/20200210 views In its first month, the Barbados Optional Savings Scheme (BOSS) has performed “reasonably well” according to head of this country’s Central Bank Cleviston Haynes. And officials are already reporting that… Read more
Pandemic cripples economy, but Gov’t still on track to meet IMF targets Marlon Madden06/08/2020051 views The Barbados economy experienced a major decline in economic activity over the past three months, and experts are maintaining that a double-digit decline is imminent this year. However, Governor of… Read more
Regional airline starts service to Barbados Marlon Madden05/08/20201164 views The dreaded COVID-19 pandemic may have thrown tourism into a tailspin but it is not stopping local officials from finding ways to help boost visitor arrivals. On Tuesday, Barbados welcomed… Read more
Fortress Funds ‘on rebound’ from sluggish 2020 start Marlon Madden01/08/2020055 views After a difficult start to the year for some of its financial markets, Fortress Fund Managers is reporting healthy returns for the second quarter of the year. And even as… Read more