Economy

The president general of the Barbados Workers’ Union (BWU) has called for robust enforcement of labour standards across the country. Shawn Knight warned that some legislation remains ineffective as violations …

Berger Paints is set to settle all outstanding payments to its former workers by September 11, following a final resolution reached at the Labour Department. Addressing the Barbados Workers’ Union …

The Barbados Childhood Obesity Prevention Coalition has welcomed the government’s planned $1.2bn debt-for-social swap, but is urging broad stakeholder involvement in deciding how savings from the transaction are used to …

An error in calculating land tax bills has affected 25 807 residential properties valued at over $450 000, Minister of Finance Ryan Straughn announced on Monday. He explained that the …

Barbados’ heavy dependence on imported fossil fuels is leaving the country vulnerable to global oil shocks that can send its fuel import bill soaring by hundreds of millions of dollars, …

Government is moving ahead with 125 megawatts of battery storage as it seeks to stabilise the electricity grid, unlock 33.1 megawatts of constrained solar capacity and meet its 50 per …

The Barbados Customs and Excise Department collected approximately $5.46 billion in revenue between 2023 and July 2026, while more than $3 billion was lost through concessions, waivers and suspected tax …

Insurance Corporation of Barbados’ (ICBL) stake in a Canadian company has been diluted after additional shares were issued, prompting economist Jeremy Stephen to warn that the development could have implications …

Nearly 30 small and medium-sized businesses are undergoing an intensive export-readiness exercise ahead of a mid-September trade mission to New York, designed to help first-time participants turn international exposure into …