Barbados to promote environmental sustainability with IDB guarantee Barbados Today05/08/2022088 views The Inter-American Development Bank (IDB) has approved a US$100 million (BDS$200 million) guarantee for Barbados that will help the Government access funds for conservation activities at reduced rates. The Washington-based… Read more
Reforms needed Marlon Madden05/08/20220204 views Barbados and other regional economies are being warned to brace for spillover effects from the hike in interest rates by the Bank of England, and to focus on putting reforms… Read more
Company happy with FTC ruling Emmanuel Joseph04/08/2022099 views The Barbados Light & Power Company has welcomed the decision of the Fair Trading Commission (FTC) to exclude certain company information from the public’s eye during the pending rate hearing… Read more
Move pays off for Cave Shepherd Barbados Today04/08/20220150 views Having divested of its iconic department stores and shifted more to financial services, Cave Shepherd & Co says the group is in a much stronger position with cash and cash… Read more
Growth threat Emmanuel Joseph04/08/20220228 views A new global study is warning that the cuts in investment that companies in Barbados and other Caribbean countries made to get through the COVID-19 pandemic are now threatening economic… Read more
Hotel executive says tourism industry in limbo with little to no growth in bookings Barbados Today04/08/20220152 views The summer season has failed to deliver on the anticipated increased tourist arrivals and has been “deathly quiet for new bookings”, according to one hotel executive. Sales and Marketing Manager… Read more
GSC ease needed – economist Marlon Madden30/07/20220242 views In light of Government registering a primary surplus of $255.5 million for the first three months of the fiscal year, which started in April, Kemar Stuart is again calling on… Read more
Power company says rate hike is only option left to get money for urgent projects Marlon Madden30/07/20220106 views The island’s sole electricity provider has defended its decision to ask for a rate increase, insisting that it urgently needs the money to execute projects that are crucial to providing… Read more
First win Sandy Deane30/07/20220238 views The Barbados Light and Power Company (BLPC) will be able to exclude information it deems confidential or unnecessary to determining if consumers should pay more for electricity, in its upcoming… Read more
Pension investment ease may be coming Marlon Madden29/07/2022040 views Governor of the Central Bank of Barbados Cleviston Haynes says that officials were looking at the possibility of easing “restrictions” on how much pension funds could be invested overseas. He… Read more