Business

Bank changes ownership

Newly formed Bahamian holding company RF Holdings Limited has agreed to acquire 100 per cent of Royal Fidelity Merchant Bank & Trust Limited, as a result of a “management led…

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Gov’t red tape to blame

Barbados is losing out on hundreds of millions of dollars in investment due mainly to “antiquated” and “dysfunctional” administrative processes, says former Central Bank Governor Dr DeLisle Worrell. He complained…

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Not business as usual at LIAT

A major shake-up is coming for struggling regional airline LIAT, as main shareholder governments await a detailed report on the airline’s operations. The pending changes which could determine the airline’s…

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Value-driven tourism

With Barbados’ tourism product a little more expensive as a result of recent taxes, Minister of Tourism Kerrie Symmonds is giving the assurance that careful and vigorous work is being…

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Fishing woes

Local fisherman and vendors at the country’s fish markets are becoming increasingly agitated about rising costs, dwindling profits and poor facilities, as they operate in an increasingly hostile marine environment.…

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