Shawn Cumberbatch

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BiMPay transactions hit $6b

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BiMPay, Barbados’ national instant payment system established by the...

Pitch to boost business facilitation

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The global business sector is keen to continue working...

Barbados helping to spearhead US$500m disaster emergency fund

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Barbados is playing a leading role in an international...

Global tensions ‘driving up costs’

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Until geopolitical issues, including wars in major international markets...

Power hike concern

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Questions and concerns are being raised about the fuel-related...

Accountants target social change

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Finance is emerging at the frontline of social change...
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...
Business

Boost for summer tourism

Shawn Cumberbatch -
THE TRADITIONALLY slower summer period could be become hotter for Barbados’ tourism sector if the interest shown by potential travellers translates into bookings. With the...
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