Shawn Cumberbatch

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Barbados tops CDB evaluation

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Barbados has stood out as the strongest performers among...

New system coming to shore-up country’s security

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The effort to secure Barbados’ borders is intensifying, with...

Technical issues behind arrivals data error 

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Senior officials involved in the compilation and publication of...

Govt to expand dialysis capacity

Health 0
Government will significantly expand the availability of facilities for...

‘Strong year’ for AffinityPlus

Business 0
Another leading credit union is reporting a strong financial...

‘Challenging time’ for Barbados Farms

Business 0
Barbados Farms Limited (BFL), one of the country’s longstanding...
Business

Data breaches could trigger lawsuits

Shawn Cumberbatch -
Barbadian cybersecurity expert Edward Millington is happy that financial sector regulators and financial institutions are focused on boosting their security in the face of...
Business

Overseas opportunities being sought

Shawn Cumberbatch -
Government is hoping to create a financial buffer for Barbados by facilitating more overseas investment opportunities for Barbadians. Minister in the Ministry of Finance Ryan...
Business

Alleyne: Hard reinsurance market challenging insurers

Shawn Cumberbatch -
Barbados’ General Insurance Industry is facing a major challenge, one that has negative implications for the country’s ability to recover if homes and commercial...
Business

Cost control

Shawn Cumberbatch -
Government has committed to keeping a tighter lid on its spending, including in relation to wages and salaries, this financial year. This is in line...
Business

More employers ‘closing pension plans’

Shawn Cumberbatch -
Barbadian workers will have to do more individual saving for retirement as an increasing number of employers are closing their occupational pension plans. The 2023...
Business

$600m disaster bill

Shawn Cumberbatch -
As Barbados counts the cost of damage from Hurricane Beryl, new research has concluded that the island took a $600 million hit from natural...
Business

Sol appeals FTC decision

Shawn Cumberbatch -
Sol Petroleum (Barbados) SRL says it has filed an appeal against the Fair Trading Commission’s (FTC) decision, stating that the fuel company engaged in...
Business

IMF green light for US$56m draw down

Shawn Cumberbatch -
The International Monetary Fund’s (IMF) executive board yesterday gave the green light for Barbados to immediately draw down about US$56 million from the institution. This...
Business

Report: Banks maintaining profits via fees

Shawn Cumberbatch -
Commercial banks in Barbados are relying more on fee income to increase or maintain their profitability. The 2023 Financial Stability Report stated this was the implication of...
Business

Cooperative ‘tackling loan delinquency’

Shawn Cumberbatch -
The Barbados Teachers’ Co-operative Credit Union Limited (BTCCUL) is reporting its highest total income since before the COVID-19 pandemic. However, BTCCUL officials are concerned about...
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