Shawn Cumberbatch

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Mortgages rule loans sector

Business 0
The continued expansion in mortgages to facilitate the increased...

Growing risks threaten financial stability

Business 0
Barbados’ financial system is stable but local regulators are...

Receiver invites bid for Solar Dynamics assets

Business 0
Long-standing Barbados manufacturer Solar Dynamics Limited, an internationally-recognised pioneer...

IDB lauds fiscal progress, cites challenge

Business 0
Inter-American Development Bank (IDB) economists believe Government will find...

Economy in ‘position of strength’

Business 0
Faster investment execution, stronger productivity, and improved traded -sector...

Proposal to rename Bay Primary after Sir Garry

News 0
There is a proposal for Bay Primary School to...
Business

Teachers’ credit union merging

Shawn Cumberbatch -
Barbados Teachers' Cooperative Credit Union Limited (BTCCUL) is planning to merge with two other financial cooperatives. The proposed amalgamation was outlined by Ronald Jones, BTCCUL’s...
News

‘Govt not drawing IMF US$64m fund’

Shawn Cumberbatch -
Barbados will not be drawing down the US$64 million that is now available under the precautionary Stand-By Arrangement (SBA) with the International Monetary Fund...
Business

IMF suggests further tax reform

Shawn Cumberbatch -
The International Monetary Fund (IMF) is advising Government to consider making additional tax reforms which, if implemented, would result in increased taxation for some...
News

MP tells of bank account blues

Shawn Cumberbatch -
Government backbencher Dr William Duguid has complained that it takes too long to open a bank account in Barbados. He is suggesting that a colloquium...
Business

IMF $128m in the bag

Shawn Cumberbatch -
Barbados can immediately draw down US$64 million (BDS$128 million) from the International Monetary Fund (IMF), but the international financial institution says local authorities have...
Business

Credit union group hits $2.09b

Shawn Cumberbatch -
The financial services group headed by Barbados’ largest credit union has surged well past $2 billion in assets, fuelled by increases in cash resources,...
Business

IDB loan to help energy sector

Shawn Cumberbatch -
Barbados’ energy sector is in line for a major boost now that Government has secured approval for a US$150 million loan from the Inter-American...
News

Boost to police’s efforts to reduce gun crimes

Shawn Cumberbatch -
With lawmen having removed 51 illegal firearms from the streets since January, Government will be increasing its support so that the Barbados Police Service...
Business

Private sector urged to boost exports

Shawn Cumberbatch -
Government wants the private sector to play a more active role in helping Barbados grow its exports to significantly boost foreign exchange earnings and...
Business

BRA gives top-up tax guidance

Shawn Cumberbatch -
The clock is ticking for multinational enterprise (MNE) groups required to comply with corporation top-up tax requirements and the Barbados Revenue Authority (BRA) is...
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