EconomyLocal News Govt, IMF satisfied with pace of reform of state agencies by Emmanuel Joseph 07/11/2024 written by Emmanuel Joseph 4 min read Long-awaited reforms of the nation’s state-owned enterprises (SOEs), which have been a heavy financial burden on the central government through funding transfers, are slated to be completed by the end … Continue Reading 07/11/2024 0 comments FacebookTwitterLinkedinWhatsappEmail
EconomyLocal News Central Bank warns of Ponzi scheme targeting Barbadians by Emmanuel Joseph 31/10/2024 by Emmanuel Joseph 31/10/2024 The Governor of the Central Bank issued a stark warning about a suspected Ponzi scheme operating in the country, after investigations revealed that a company calling itself TKY Media has … Read more FacebookTwitterLinkedinWhatsappEmail
EconomyLocal News US arrivals jump 32 per cent as visitor numbers exceed pre-COVID levels by Emmanuel Joseph 31/10/2024 by Emmanuel Joseph 31/10/2024 Barbados has recorded its highest-ever foreign reserves of $3.2 billion for September, while achieving economic growth of 3.9 per cent in the first nine months of 2024, despite challenges from … Read more FacebookTwitterLinkedinWhatsappEmail
EconomyLocal News Banks following financial conduct rules, says Central Bank by Emmanuel Joseph 31/10/2024 by Emmanuel Joseph 31/10/2024 Commercial banks are “largely compliant” with new market conduct guidelines introduced in July, though some accessibility improvements could take up to a year to implement, the Central Bank of Barbados … Read more FacebookTwitterLinkedinWhatsappEmail
EconomyLocal News Barbados economy records 3.9 per cent growth despite challenges by Sandy Deane 30/10/2024 by Sandy Deane 30/10/2024 The Barbados economy posted 3.9 per cent growth for the first nine months of the year, defying global economic pressures and the adverse impact of Hurricane Beryl. Central Bank Governor … Read more FacebookTwitterLinkedinWhatsappEmail
EconomyLocal News Foreign investment target amid nation’s highest-ever innovation ranking by Shanna Moore 25/10/2024 by Shanna Moore 25/10/2024 Barbados needs to attract up to US$3 billion ($6 billion) in annual foreign direct investment to achieve ambitious economic growth targets of six to seven per cent, the Minister in … Read more FacebookTwitterLinkedinWhatsappEmail
EconomyLocal News PM: Middle-income nations risk becoming poor again by Emmanuel Joseph 24/10/2024 by Emmanuel Joseph 24/10/2024 Prime Minister Mia Mottley has warned that middle-income countries like Barbados risk “becoming poor countries again” without an urgent increase in special drawing rights (SDRs) to help vulnerable nations weather … Read more FacebookTwitterLinkedinWhatsappEmail
EconomyLocal News Mottley urges Barbadians to invest in nation’s economic future by Shanna Moore 19/10/2024 by Shanna Moore 19/10/2024 Prime Minister Mia Mottley on Friday exhorted Barbadians to invest in homegrown projects, pool their resources, and seize opportunities for ownership as she toasted a new upscale development on the … Read more FacebookTwitterLinkedinWhatsappEmail
BusinessEconomyLocal News Barbados awaits verdict from top credit rating agencies by Emmanuel Joseph 13/09/2024 by Emmanuel Joseph 13/09/2024 In the coming month, one of the three top rating agencies in the world will deliver its verdict on Barbados’ credit rating, Governor of the Central Bank of Barbados Dr … Read more FacebookTwitterLinkedinWhatsappEmail
EconomyLocal News IMF team preps for comprehensive economic review by Emmanuel Joseph 10/09/2024 by Emmanuel Joseph 10/09/2024 An International Monetary Fund (IMF) team has set the stage for a comprehensive review of the Barbados economy, set to begin on November 1. The preliminary check-in involved a series … Read more FacebookTwitterLinkedinWhatsappEmail