Shawn Cumberbatch

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Economic growth slows for Barbados

Business 0
Barbados’ economy has now expanded for 21 consecutive quarters. However,...

Port reforms ‘could save $19m’

Business 1
The Barbados Chamber Of Commerce and Industry (BCCI) is...

AM Best upgrades Sagicor

Business 0
Financial services group Sagicor Financial Company Limited, including its...

BiMPay ‘right move’

News 0
Governor Dr The Most Honourable Kevin Greenidge is again...

Fees fuel bank profits

Business 0
Commercial banks are consistently making a large share of...

Financial markets ‘rebound from Iran war’

Business 0
Global financial markets have rebounded from the disruptions caused...
Business

Electric vehicle domination by 2040

Shawn Cumberbatch -
An estimated $2.3 billion will be spent on the purchase of cars over a 20-year period ending in 2040 as Barbados accelerates the adoption...
Business

Less reliance on cash

Shawn Cumberbatch -
BARBADIANS are reducing their dependence on cash. The Central Bank of Barbados says that based on the amount of currency in circulation, the public is...
Business

$1.2b trade deficit

Shawn Cumberbatch -
As concerns about the global impact of higher United States (US) tariffs persist, Barbados’ trade deficit has widened. Official data shows that so far in 2025...
Business

Plan points to injection needed to meet 2040 target

Shawn Cumberbatch -
Government’s “ambitious” plan to achieve net-zero carbon emissions while ensuring universal access to reliable and affordable electricity requires an injection of $19 billion by...
News

No delaying minimum wage hike

Shawn Cumberbatch -
There will be no delay in the promised national minimum wage increase. Minister of Labour, Social Security and Third Sector Colin Jordan says Cabinet has...
News

Barbadians given more time to register for Solidarity Allowance

Shawn Cumberbatch -
Barbadians now have until July 31 to register for the $300 Solidarity Allowance. Minister in the Ministry of Finance, Ryan Straughn, announced this today during...
News

Minimum wage increase to take effect June 1

Shawn Cumberbatch -
Cabinet has decided that the national minimum wage increase will proceed on June 1. Minister of Labour, Social Security and Third Sector, Colin Jordan, said...
Business

Barbados must ‘adapt to keep wooing investors’

Shawn Cumberbatch -
Barbados must continue to make legislative and regulatory improvements if it wants to continue attracting local and foreign investment. Minister of Educational Transformation Chad Blackman...
Business

BHL nets $12m after taxes

Shawn Cumberbatch -
Barbados-based beverage group Banks Holdings Limited (BHL) recorded “robust” profitability last year despite reduced revenue and a higher corporate tax bill. Chairman Luis M. Alvarez...
Business

$2.26m loss for dairy

Shawn Cumberbatch -
Barbados Dairy Industries Limited is reporting a $2.26 million loss following a challenging 2024 when global supply chain challenges hurt milk powder availability and...
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