Business

Electricity consumers face higher bills to help pay for multimillion-dollar upgrades to Barbados’ power grid, but the size of any increase will not be known until a future rate review. …

Barbados’ heavy dependence on imported fossil fuels is leaving the country vulnerable to global oil shocks that can send its fuel import bill soaring by hundreds of millions of dollars, …

About one-third of the Barbados Customs and Excise Department’s staff are expected to retire over the next two to three years as the agency continues its push towards redevelopment, retraining …

The Caribbean is lagging behind North American markets in digital commerce, with only four to five per cent of business transactions in the region being conducted digitally, Senior Minister Kerrie …

Insurance Corporation of Barbados’ (ICBL) stake in a Canadian company has been diluted after additional shares were issued, prompting economist Jeremy Stephen to warn that the development could have implications …

Nearly 30 small and medium-sized businesses are undergoing an intensive export-readiness exercise ahead of a mid-September trade mission to New York, designed to help first-time participants turn international exposure into …

The beleaguered Suarez Brothers Circus was moved from the Belle, St Michael, after it began operating without all required approvals at the site, a government minister said. But the withdrawal …

Economist Jeremy Stephen has warned that the government is unlikely to have the fiscal room or market conditions to restore its Price Compact in its original form, despite mounting pressure …

Small and medium-sized businesses have significant untapped opportunities to export products and services to markets across the Caribbean and Latin America, according to the Barbados Coalition of Service Industries (BCSI). …