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Category: Business

Minister of the Environment Trevor Prescod

Private waste haulage continues

Despite the end of the contract between private waste haulers and the state-owned Sanitation Services Authority (SSA) seven months ago, the arrangement continues in which the firms continue garbage collection for the state. “The private waste haulers are still working,” said Minister of the Environment and Beautification Trevor Prescod of the arrangement that continues well […]

Minister of Maritime Affairs and Blue Economy Kirk Humphrey

Brass tacks

No compensation is pending for those who now have to get rid of thousands of dollars worth of petro-based plastics and styrofoam products after the ban on those items take effect in the next nine days, said Minister of Maritime Affairs and the Blue Economy Kirk Humphrey. And while he has not ruled out the […]

From left, Minister of Small Business, Entrepreneurship and Commerce Dwight Sutherland; Director of Platinum and Business Banking CIBC Richard Phillips and joint first prize winners Franz Harewood-Hamblin of Grow Smart Youth Farm and Kemar Codrington and Mikhail Eversley of Oasis Laboratory.

A boost to start-ups

Six participants in the 2018/2019 cohort of the Student Entrepreneurial Empowerment Development (SEED) programme are one step closer to realising their dream of becoming owners of their own businesses as the programme continues to bear fruit. On Wednesday, the group who were finalists in the 2019 SEED Business Plan competition, took part in an award […]

Dwight Sutherland

Retrenched public worker among prize-winning UWI entrepreneurs

A business idea from a former public sector worker who was retrenched last year is among winners of a University of the West Indies contest to find viable startups by UWI students. Five ideas made the final cut in the Student Entrepreneurial Empowerment Development (SEED) competition, who were presented with seed money in a ceremony […]

Barbados Ambassador to the Caribbean Community attorney David Comissiong (left) in conversation with his lawyer Robert “Bobby” Clarke minutes after appearing in the Court of Appeal on the Hyatt appeal this morning.

Appeal withdrawn

The way is now clear for attorney-at-law David Comissiong to try to convince the High Court that developer Mark Maloney should not be permitted to start building the planned Hyatt Centric Resort Hotel on Bay Street, The City at this stage. Counsel for the Government of Barbados Donna Brathwaite, Q.C. and Barry Gale, Q.C. representing […]

David Comissiong

Hyatt appeal in court

Barbados’ Ambassador to the Caribbean Community (CARICOM), attorney-at-law David Comissiong will have his day in court tomorrow in an appeal case against his employer – the Government – over planning permission to build the controversial Hyatt Centric Resort on Bay Street, in The City. Comissiong, who was appointed to his new role by Prime Minister […]

Sophia Greaves-Broome

Young people not work ready

Employers across Barbados are generally dissatisfied with the level of readiness for the workforce among young people leaving secondary and tertiary learning institutions here. This is according to Chief Executive Officer of Pinelands Creative Workshop Sophia Greaves-Broome, who pointed out that research carried out in 2007 and again in 2011, showed that there were several […]

Marsha Caddle

Failure to invest in youth, gender pay gap linked to violence – Minister

Barbados is at a tipping point when it comes to crime and violence, Minister of Economic Affairs and Investment Marsha Caddle has declared, suggesting that failure to invest in young people may be to blame. She also slammed persistent and pervasive lack of equity in levels of pay between men and women in Barbados and […]

Prime Minister Mia Mottley

No deal on debt restructuring

As a year-long stalemate drags on, the Barbados External Creditor Committee has flatly rejected Government’s latest debt restructuring offer as talks between the two sides sour. In the latest developments, the committee has noted that it is having difficulty taking the administration’s commitment to finding a resolution “seriously”. In a release dated June 14, the […]

Children learn the benefits of the Blue Economy

Education and promotion of the island’s blue economy from an early age will be the driving force towards advancing environmental tourism, says a top local tourism official. CEO of the Barbados Hotel and Tourism Association (BHTA), Senator Rudy Grant,  was speaking at the launch of the Barbados Divefest Kids Awareness Programme today, where he pointed […]

Bizzy’s bonds get the thumbs up

The green energy investment arm of the Williams Industries Inc. group of companies, Williams Caribbean Capital (WCC), continues to reap major success. Recently, the Climate Bond Standard Board approved the certification of WCC green energy bonds as consistent with addressing the two degrees celsius warming limit in the Paris Agreement. This means WCC adhered to […]

Crane ready to be pressed into action

Three years after its completion, berth five at the Bridgetown Port has finally been outfitted with a state-of-the art gantry crane. The US$12 million equipment forms part of ongoing developments at the Bridgetown Port, which handles some 100,000 units of containers. And officials are upbeat that the latest addition has already started to bear fruit, […]

Professor Louis Hugo Francescutti

‘Weeded out’

One Canadian-based preventative and medical physician has poured cold water on any notion that Barbados could compete with other jurisdictions for the growing of cannabis for export. At the same time, Professor Louis Hugo Francescutti is warning Barbadian authorities to proceed with caution as they establish a medical marijuana industry here. He was addressing the […]

Kerrie Symmonds

Govt ‘won’t cave’ under concessions pressure

Current and future investors in Barbadian tourism have again been warned that Government won’t give in to pressure to offer sweeping concessions as a review of the Government’s package to attract investment appears imminent. In a speech to the Barbados Hotel and Tourism Association (BHTA) at the Lloyd Erskine Sandiford Centre on Wednesday,  Minister of […]

Chairman of the BHTA Stephen Austin (left) Minister of Tourism Kerrie Symmonds during today’s BHTA general meeting.

Bumper arrivals

Tourism visitor numbers are up record levels last year but Minister of Tourism Kerrie Symmonds wants tourists to spend more. And he is calling on the industry to better collect spending data from their guests while on the island. The Tourism Minister was giving his maiden speech to the 67-year-old Barbados Hotel and Tourism Association […]

Minister in the Ministry of Finance Ryan Straughn (left) and ResLife Chairman Tony Hoyos.

‘Resolution’ cash

Ten years of uncertainty have ended in joy for hundreds of CLICO Life Insurance policyholders, who this week started receiving their monies from the company’s court-ordered successor, Resolution (RES) Life Assurance Company Ltd. Scores of mostly-middle aged and elderly people crammed into the lobby and spilled outside of the company’s Worthing Corporate Centre headquarters waiting […]

Stephen Austin

Hotels raise concern about BWA drought plan

With swimming pools to be filled across several hotels and villas, the hotel industry is “seriously concerned” by the Barbados Water Authority’s (BWA) drought restrictions. Now the Barbados Hotel and Tourism Association (BHTA) is seeking an audience with the BWA and Minister of Water Resources Wilfred Abrahams who issued the ministerial statement on the activation […]

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