BusinessLocal News Central Bank’s payment system wins consumer body’s support by Emmanuel Joseph 19/06/2024 written by Emmanuel Joseph 2 min read A proposal by the Central Bank of Barbados to centralise the commercial banking payment system has received support from a consumer group. The Barbados Consumer Empowerment Network (BCEN) welcomed the … Continue Reading 19/06/2024 0 comments FacebookTwitterLinkedinWhatsappEmail
AfricaBusinessLocal News Nigerian bank to establish Caribbean presence by Dawne Parris 18/06/2024 by Dawne Parris 18/06/2024 A Nigerian multinational commercial bank is making moves to set up in the Caribbean, promising improved access to financial services and expanded digital services. Aigboje Imoukhuede, Chairman of the Lagos-headquartered … Read more FacebookTwitterLinkedinWhatsappEmail
BusinessLocal News Caribbean Export signs MOU with Afreximbank to support trade, investment by Dawne Parris 15/06/2024 by Dawne Parris 15/06/2024 The regional trade and investment promotion agency on Thursday signed a Memorandum of Understanding with the African Export-Import Bank (Afreximbank) representing their commitment to continued collaboration and cooperation to support … Read more FacebookTwitterLinkedinWhatsappEmail
BusinessLocal NewsRegionalWorld PM says talks with Nigerian airline for direct flights “going well” by Dawne Parris 15/06/2024 by Dawne Parris 15/06/2024 Prime Minister Mia Mottley has confirmed that government officials are engaged in discussions with Nigerian airline Air Peace – a key investor in the soon-to-be-relaunched regional carrier LIAT – to … Read more FacebookTwitterLinkedinWhatsappEmail
Arts & CultureBusinessLocal News NCF chief defends Bridgetown Market changes amid vendor concerns by Ryan Gilkes 14/06/2024 by Ryan Gilkes 14/06/2024 Amid growing concerns from vendors about changes to this year’s Bridgetown Market, the Chief Executive of the National Cultural Foundation (NCF), Carol Roberts, has clarified the rationale behind the recent … Read more FacebookTwitterLinkedinWhatsappEmail
BusinessLocal News Dispute over excavation ends by Emmanuel Joseph 14/06/2024 by Emmanuel Joseph 14/06/2024 What started as “unauthorised” excavation work by the government’s drainage unit on the beachside entertainment spot Savvy on the Bay on Upper Bay Street on Thursday morning, leading to the … Read more FacebookTwitterLinkedinWhatsappEmail
BusinessLocal News Maloney in $200M double deal finances Hyatt, Rock Hard cement expansion by Dawne Parris 14/06/2024 by Dawne Parris 14/06/2024 E ight years after it was first planned, construction of a new Hyatt Hotel is to finally begin this year, with the hotel opening its doors by 2026, as part … Read more FacebookTwitterLinkedinWhatsappEmail
BusinessLocal NewsNews Maloney signs US$100M in deals with Afreximbank by Dawne Parris 13/06/2024 by Dawne Parris 13/06/2024 Barbadian businessman Mark Maloney has signed two deals with the African Export-Import Bank (Afreximbank) totalling US$100 million ($200 million). A facility to finance the construction of the Hyatt Hotel, to … Read more FacebookTwitterLinkedinWhatsappEmail
BusinessLocal News CARICOM pilot of shared currency system ‘soon’ by Dawne Parris 13/06/2024 by Dawne Parris 13/06/2024 The pilot of a potentially ground-breaking scheme to allow CARICOM nations to trade using each other’s currencies without a third-party currency is to start “soon”, Central Bank of Barbados governor … Read more FacebookTwitterLinkedinWhatsappEmail
BusinessLocal News Trade in your own currencies, Blackman tells Africa, Caribbean by Dawne Parris 13/06/2024 by Dawne Parris 13/06/2024 Minister in the Ministry of Economic Affairs and Investment Chad Blackman has proposed that African and Caribbean nations trade among themselves using their own currencies. This could prepare the region … Read more FacebookTwitterLinkedinWhatsappEmail