RBC to stop charging customers and refund them for ACH transactions Sandy Deane10/01/20240356 views The Central Bank of Barbados wishes to advise that following discussions with RBC Royal Bank, RBC has confirmed that effective January 12, 2024, it will no longer charge its… Read more
PM Mottley wants pause in debt repayments by SIDS hit by natural disasters Barbados Today03/12/20230937 views Prime Minister Mia Mottley is advocating for an agreement that would enable Small Island Developing States (SIDS) to temporarily halt debt repayments in the aftermath of a disaster or crisis.… Read more
Bajans to source cheaper chicken: Mottley Marlon Madden29/10/20231674 views Barbadians can expect lower prices for poultry at a number of special outlets starting this week, as the Government continues to put measures in place to help Barbadians better cope… Read more
Natural disaster debt pause offered by Canada Barbados Today19/10/20230565 views As Barbados was placed until tropical storm watch on Wednesday, Canada offered to pause debt repayments for Caribbean countries hit by natural disasters. Prime Minister Justin Trudeau made the announcement… Read more
Excess liquidity in banks should be channelled towards green energy transition, says Greenidge Emmanuel Joseph30/09/20230417 views By Emmanuel Joseph The Barbados Central Bank Governor is suggesting that local and counterpart institutions need to focus on directing the “abundant” cash in commercial banks towards green initiatives. Dr… Read more
Central Bank Governor outlines five-part strategy for sustainable economic expansion Emmanuel Joseph30/09/20230381 views By Emmanuel Joseph Central Bank Governor Dr Kevin Greenidge has proposed a five-pronged economic model for sustainable inclusive growth that he wants to see implemented by Barbados and other Caribbean… Read more
Guyana President issues strong rebuke of slavery in reparations push Barbados Today23/09/20230326 views They may be long dead but those who engaged in, and profited from, the transatlantic slave trade ought to be charged with participating in one of history’s greatest crimes against… Read more
Private sector says too early to say how electricity disruption hurt their pockets Emmanuel Joseph22/09/20230179 views Electricity was restored to Barbados Light and Power Company (BLPC) customers by late Thursday night after an island wide power outage caused major disruption and dislocation to home, business and… Read more
Gov’t moves to get back lands used as collateral to settle CLICO claims Barbados Today21/09/20230345 views The Government is renegotiating the return to local ownership, lands which were used as collateral under the previous Democratic Labour Party (DLP) administration to settle millions of dollars in insurance… Read more
Auditor General calls for greater efficiency in management of tax refund process Marlon Madden20/09/20230193 views By Marlon Madden The latest Auditor General’s report has uncovered a number of discrepancies within the operations and administrative activities of the Government’s central revenue collection agency. In his latest… Read more