Governor: Growth in first three months signals full pandemic recovery Emmanuel Joseph01/05/20240397 views The receipts are in and a record-setting winter tourist season has boosted the Barbadian economy by 4.1 per cent from January to March, marking an “unprecedented” run of expansion for… Read more
BWU ‘making progress’ in mission economy drive Emmanuel Joseph27/04/20240221 views The island’s largest private sector trade union has reported progress in achieving the six objectives of the Declaration of Mission Barbados signed on Labour Day last year. The declaration, endorsed… Read more
PM, UN deputy chief highlight SIDS debt restructuring challenges Shamar Blunt20/04/20240667 views Prime Minister Mia Mottley and United Nations Deputy Secretary-General Amina Mohammed have raised concerns about the difficulties Small Island Developing States (SIDS) face in restructuring debt while providing essential services.… Read more
World Bank: Barbados growth projections dip below 4.0 per cent Brittany Brewster11/04/202401.5K views The World Bank slightly lowered its 2024 growth forecast for Barbados to 3.7 per cent in its regional economic outlook released on Wednesday, compared to 4.0 per cent outlined in… Read more
Government vows to take fisheries sector to higher heights Sheria Brathwaite31/03/202401.4K views The Ministry of Environment, National Beautification and the Blue and Green Economy has pledged to partner with the fisherfolk of Barbados to ensure the fisheries sector remains a viable stream… Read more
Experts call for manpower, policy fixes to boost economy Sasha Mehter28/03/20240880 views Three economic and business experts have said Barbados needs to tackle manpower shortages and skills gaps to achieve inclusive and sustainable economic growth. Central Bank Governor Dr Kevin Greenidge, the… Read more
Bankers Association optimistic ahead of Budget Barbados Today17/03/202401.1K views The Barbados Bankers Association is expressing optimism ahead of Monday’s Budget presentation. Speaking on behalf of the Association, CIBC’s Managing Director for Barbados and the Eastern Caribbean, Donna Wellington… Read more
Most of Cuba hit by power outages: minister Barbados Today17/03/20240653 views Large swathes of Cuba including the capital have been hit by power outages, authorities said, as the country grapples with a dire economic crisis. “Almost the whole country has been… Read more
Energy ministry denies petrol price adjustment claims Barbados Today27/02/20240708 views The Ministry of Energy and Business (MEB) has described as “fake news” information circulating on social media platforms claiming that there has been a price adjustment for petroleum products, dated February 17,… Read more
Barbados Port reduces container charges Sandy Deane05/02/20240525 views Effective February 1, 2024, port-related container charges at the Port of Bridgetown were reduced by 7.5 per cent. This follows a 10 per cent reduction in costs announced in… Read more