Business Archives - Page 3 of 177 - Barbados Today

Category: Business

PM lays out 2030 green energy ‘roadmap’

The push towards making Barbados into a green energy nation in the next decade, took a major step today with the Prime Minister laying out an “ambitious” but “doable” road map to the 2030 goal, according to key observers who gave cautious support for the initiative. She also set new milestones to 2030, declaring her […]

Funding protection coming for BWA

A lack of funding has dried up Government’s water mains replacement project. But Prime Minister Mia Mottley said her administration would be putting laws in place to protect future funding. She explained that the hope was to have this funding come from the Barbados Water Authority (BWA) providing 20 per cent of the island’s 100 […]

BERT a ‘success’

The International Monetary Fund-backed Barbados Economic Recovery and Transformation programme – BERT – has been declared a success by the Prime Minister a year after it was introduced. Speaking at the Sustainable Energy Conference on Wednesday, she acknowledged that some measures were not implemented in a timely manner, but insisted that some things would take […]

Barbados going after displaced travellers

Thomas Cook passengers who were booked to stay at hotels in Barbados prior to the airline’s collapse are in line for a discount at those properties should they decide to still visit. In addition, Minister of Tourism and International Transport Kerrie Symmonds said officials would be seeking to woo the additional 150,000 affected Thomas Cook […]

Gov’t standing firm on Sandals

Government appears willing to forego more than an estimated $800 million of “Superman money” that international hotel giant Sandals Resorts International (SRI) intended to pump into the economy over a two-year period on the construction of a state-of-the-art Beaches property. As the stalemate between Government and SRI officials lingers, Minister of Tourism and International Transport […]

Virgin to the rescue

Barbados has been spared any major fallout from the recent collapse of the UK-based Thomas Cook group. Minister of Tourism Kerrie Symmonds has announced that the island will secure some 30,000 additional seats from Virgin Atlantic, that has agreed to fill that void. In addition, Symmonds said while discussions are ongoing, there was a possibility […]

‘Get smart’, businesses urged

As Government continues its digital transformation of the public service, Prime Minister Mia Mottley is urging the private sector to do the same. At the same time, she is cautioning Barbadians not to get lost in the process. The Prime Minister, currently in New York for the United Nations General Assembly, gave the advice in […]

‘Retrofit for green energy’ to boost small business

Small businesses are being encouraged to retrofit their operations for renewable energy, as the nation’s small business leader urged providers to help facilitate the process. The president of the Small Business Association, Wayne Willock, made a series of recommendations to boost the sustainability of small businesses in a changing 21st-century environment at the end of […]

Anti-corruption measures coming

Protections for whistleblowers and an update of a 90-year-old law are among a range of measures the Government plans to introduce in a “few weeks” to go after crooked public officials amid rising public perceptions of lingering corruption in Barbados, the Attorney General has told Barbados TODAY. Dale Marshall was responding to the recently released […]

Virgin Atlantic introduces more flights to Barbados for Winter 2019 Season

In a bid to increase choice for customers travelling from the Manchester region, Virgin Atlantic is expanding its operation out of Manchester Airport, with brand new flights from its northern base, including increased flights to Barbados. The airline says a third weekly service from Manchester to Barbados will be introduced for the full Winter 2019 […]

Invest with BSE

Residents are being encouraged to take their savings from the commercial banking system and invest in companies listed on the Barbados Stock Exchange (BSE). This advice has come from BSE Chief Executive Officer Marlon Yarde, who pointed out that the stock exchange was playing a major role in helping to improve corporate governance in Barbados. […]

Senator Kay McConney

‘New world, new corporate boards’ – Minister

The role of boards of companies needs to change, Minister of Innovation, Science and Smart Technology Senator Kay McConney has suggested, owing to rapid technological advancements. Arguing that customer expectations are shifting and a sweeping technological transformation is underway, there was a power shift in the relationship between corporations and individuals on the ownership of […]

Hope for flights from Condor

Tourism officials are holding out hope that a lifeline to the failed Thomas Cook Group’s subsidiary, the Germany-based Condor Airlines, would be approved so that some 200,000 tourists could still come to the Caribbean during the fall and winter seasons. This would be about half of the total seats that were scheduled for the region, […]

Former Prime Minister Owen Arthur

University must develop more leaders

Former Prime Minister Professor Owen Arthur has thrown out a challenge to the University of the West Indies (UWI), Cave Hill Campus to develop more intellectual leaders to help Barbados emerge from its economic and social struggles. Insisting that the university should continue to see itself as a catalyst for Caribbean development and civilization by […]

BAPPSS President Juanita Wade

Hot debate

President of the Barbados Association of Principals of Public Secondary Schools (BAPPS) Juanita Wade believes that before some initiatives are rolled out dialogue between the relevant stakeholders is necessary. Her comments have come following a report that acting principal of The Lodge School Robin Douglas had recently instructed male students to shave all facial hair. […]

‘More medics needed for child blood disorders, cancer’

A shortage of specialized healthcare providers in Barbados and across the Caribbean continues to put the life of dozens of children with blood disorders at risk, the Canada-based SickKids Foundation has said as it scores success in its efforts to tackle the issue with local and regional partners. On Wednesday, the medical charity provided an […]

City Centre Lucky Horseshoe closed

Two years after it was opened, the City branch of the Lucky Horseshoe and Saloon Steakhouse chain has shut its doors, it has been revealed. The 24-hour American-style eatery closed the City Centre mall location at the end of August, a note posted on its doors said, adding only that “due to unforeseen circumstances, the […]

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