Rise in unemployment but no need to worry – Central Bank Governor Emmanuel Joseph01/02/20240870 views Unemployment in Barbados is up, partly due to a large number of people retiring, according to Governor of the Central Bank Dr Kevin Greenidge. But he said that based on… Read more
4.4 per cent expansion in 2023 expected to be repeated this year Emmanuel Joseph01/02/20240742 views Declaring that “we are back as a country and an economy”, the Governor of the Central Bank of Barbados Dr Kevin Greenidge said the economy grew by four per cent… Read more
Allied Universal to acquire J E Security Systems & Services Inc Barbados Today25/01/20240369 views Allied Universal, the world’s leading security and facility services provider, has announced the proposed acquisition of the assets of J E Security Systems & Services Inc., a comprehensive guarding and… Read more
Central Bank ‘looking into’ inter-bank fee Emmanuel Joseph03/01/20240339 views The Central Bank of Barbados, which regulates the nation’s commercial banks, is investigating a plan by the Bank of Nova Scotia to make it more costly for residents to do… Read more
BPSA says private sector not ‘holding back’ on investment Stefon Jordan30/12/20230312 views Chairman of the Barbados Private Sector Association (BPSA) Trisha Tannis has pushed back on an economist’s contention that business was withholding support for major capital projects. Responding to economist Professor… Read more
Revolving Loan Fund reports record profits, loan increases ahead of restructuring Barbados Today22/12/20230240 views Government’s Student Revolving Loan Fund (SRLF), which is set to be restructured next year, is reporting improved operations and record profits over the past year. Chief Executive Officer Ambrose Johnson… Read more
Insurance – a priority for businesses in 2024 Barbados Today20/12/20230182 views An editorial in this newspaper recently opined that the time had come for property insurance to be made mandatory. In light of the many house fires and other disasters of… Read more
PM to business: invest in your country Barbados Today14/12/20230299 views Prime Minister Mia Mottley has urged the business community to look inward when it comes to growing an economy that includes all Barbadians. “If anybody here has the capacity to… Read more
Bajan small business in WTO spotlight Barbados Today09/12/20230165 views Barbadian entrepreneur Tamara Gibson, owner of small business Native Caribbean Candles, showcased her business via Zoom, at the World Trade Organisation’s (WTO) Working Group on Micro, Small and Medium Enterprises… Read more
FTC dismisses BLPC rate review Emmanuel Joseph20/11/20230127 views The Fair Trading Commission (FTC) has thrown out the Barbados Light and Power Company (BLPC) request to vary its February 15, 2023 decision on its rate hike application. Speaking at… Read more