Barbados’ National Insurance Scheme (NIS) is under severe stress and there are limited options to fix it. Ways must be found to increase the amount of contributions paid by workers …
Business
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Barbados’ $4 billion National Insurance Scheme (NIS) is at risk of being depleted in as few as 12 years, ripping the social security safety net from under Barbadian workers. That …
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The Leeward Islands Airline Pilots Association (LIALPA) has expressed its disappointment at the failure of regional governments to discuss the issue of severance payment owed to former employees of the …
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The surge in profits of Barbados’ last remaining multinational conglomerate has continued in the company’s third quarter, as Goddard Enterprises Limited (GEL) released its nine months of consolidated, unaudited financial …
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Minister of Energy and Business Development Kerrie Symmonds has taken President of the Democratic Labour Party (DLP) Dr Ronnie Yearwood to task for trying to “stir up a furor and …
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Prime Minister Mia Mottley on Friday declared that the Central Bank of Barbados is not printing money, as she sought to set the record straight regarding that institution’s recent purchase …
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Minister of Energy Kerrie Symmonds has accused critics of Government’s approach to expanding the renewable energy sector and amendments to electricity legislation of trying to stir up strife and engaging …
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Barbadians’ appetite for hybrid vehicles is growing even in light of the country’s push for greater use of electric vehicles, and Governor of the Central Bank Cleviston Haynes expects the …
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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 …
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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 …