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

Bonus pay ‘conditional’

Shawn Cumberbatch -
Some employees in Barbados will be taking home their traditional Christmas bonus this year. However, the message of Nicholas Roberts, president of the Human Resources Association of...
Business

Barbados cleared to receive another draw-down

Shawn Cumberbatch -
Government is about to receive another US$56 million ($112 million ) from the International Monetary Fund (IMF). The IMF’s executive board yesterday concluded the fourth...
Business

Bajan launches US$25m VC fund

Shawn Cumberbatch -
A Barbadian entrepreneur and finance expert based in the United States (US) has launched a venture capital (VC) fund to raise US$25 million for...
Business

Airport ‘making progress’ after financial turbulence caused by pandemic

Shawn Cumberbatch -
Lingering financial turbulence caused by the COVID-19 pandemic has left the Government-owned company which operates the Grantley Adams International Airport (GAIA) grappling with a...
Business

Investors need ‘options and education’

Shawn Cumberbatch -
With Barbados dollar deposits climbing to $13.8 billion at the end of September, there are calls for more of these savings at financial institutions...
Business

Taxes bite WIBISCO’s profit

Shawn Cumberbatch -
The tax man has taken a bigger bite out of the West India Biscuit Company Limited’s (WIBISCO) profits. The manufacturer’s net income was $10.2 million...
Business

Commercial banks lending more

Shawn Cumberbatch -
Commercial banks have expanded their lending to the business community over the last year and a half and The Barbados Bankers Association (TBBA) sees...
Business

Higher prices from shipping disruptions

Shawn Cumberbatch -
Higher shipping costs caused by disruptions in the Red Sea and Panama Canal mean that consumers in Barbados and other small island developing states...
Business

BL&P appeal trial delayed

Shawn Cumberbatch -
Barbados Light & Power Company’s (BL&P) electricity rate appeal trial has been delayed in the High Court as the Financial Services Commission (FSC) makes...
Business

$324.3m gap

Shawn Cumberbatch -
Government needs $324.3 million to meet the spending it has budgeted for the second half of its fiscal year ending March 31. The Mid-Year Review...
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