IMF to finance extra $180 million Marlon Madden09/06/2020084 views Barbados is in line for a $180 million lifeline from the International Monetary Fund (IMF) to cope with the effects of the COVID-19 pandemic, which has decimated the tourism industry… Read more
Hotels want millions owed by tour operators Barbados Today09/06/20201153 views One of the world’s largest leisure, travel and tourism companies, the TUI Group (Touristik Union International), owes millions of dollars to Caribbean hotels and resorts and the Caribbean Hotel and… Read more
Govt ‘sails through’ BERT milestones… ‘for now’ Marlon Madden06/06/20200112 views The first two months of the COVID-19 pandemic did not prevent Government’s near-perfect performance on its BERT austerity scorecard, the programme’s watchdog said Friday but warned of an uphill battle… Read more
Economist: Move from bonds scheme to ownership Barbados Today06/06/20202112 views A leading Caribbean economist wants the Barbados Government to take its bonds offer to public officers a step further by allowing these workers to buy ownership in state-owned profit-making entities… Read more
Few dining as food places re-open Anesta Henry06/06/20200103 views Restaurants and food businesses reopened their doors this week under strict guidelines to combat risks related to the spread of COVID-19. However, it has been a rough start for some… Read more
CDEMA ready for hurricanes Marlon Madden06/06/2020094 views Top Caribbean disaster preparedness officials have warned that countries could expect some delay in hurricane disaster response if the COVID-19 pandemic drags on through the hurricane season. But they have… Read more
All-inclusives not the enemy, says retired tourism leader Barbados Today06/06/2020071 views In destinations where visitors feel safe, all-inclusive travellers will venture out of their hotels and spend money in communities, newly retired secretary-general of the Caribbean Tourism Organisation Hugh Riley has… Read more
Auto rentals screech to a halt Marlon Madden05/06/2020098 views The deadly COVID-19 virus has put the brakes on the once thriving car rental business in Barbados, bringing it to a virtual halt. The industry depends heavily on tourists coming… Read more
SigniaGlobe delinquent loans, profits up Barbados Today05/06/20200145 views Job cuts in the public sector appeared to have triggered more bad loans, a major lender has reported, even as its profits from a merger grew in the last year.… Read more
World challenged to aid Caribbean’s pandemic recovery Marlon Madden05/06/2020092 views The international community is once again being urged to ramp up support for Caribbean countries as they continue to reel from the effects of the COVID-19 pandemic and try to… Read more