Economy

The head of one of Barbados’ largest credit unions has welcomed the launch of the country’s new national instant payment system, BiMPay, while urging policymakers to address longstanding barriers that …

Barbados’ national instant payment system, BiMPay, has officially gone live, enabling individuals, businesses, and government agencies to send and receive money instantly, 24 hours a day, seven days a week. …

Barbados is tightening its regulatory framework to secure its standing as a reputable global business hub. To support those efforts, it has launched a major educational drive to prepare the …

Barbadians will face a brief overnight halt in interbank money transfers on Friday as the Central Bank switches national payment rails to the new BIMPay platform, with services set to …

Former Central Bank Governor, Dr Delisle Worrell has advised regional governments to prioritise good financial management if they want to achieve swifter growth. Dr Worrell offered the suggestion in his …

Despite Barbados’ strong focus on climate resilience, a new study has found that the island’s youth lag behind their regional counterparts in awareness of green and circular economy activities. The …

Egi Women, in partnership with JMMB International, recently hosted the third edition of its highly anticipated Women & Wealth Masterclass. The event brought together women from across Barbados for an …

Prime Minister Mia Mottley and Canadian counterpart Mark Carnet have wrapped up a series of bilateral talks in Toronto with a commitment to deepen economic and strategic ties between Barbados …

A Caribbean think tank leader has called for urgent reform of the global financial system, arguing that entrenched inequalities and historical injustices continue to stifle the region’s development and climate …