Shawn Cumberbatch

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Economic growth slows for Barbados

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

Port reforms ‘could save $19m’

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

AM Best upgrades Sagicor

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

BiMPay ‘right move’

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

Fees fuel bank profits

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

Financial markets ‘rebound from Iran war’

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

Farm workers pension ‘an insult’

Some Barbadians who retire after toiling on farms in Canada for many years are said to be reaping as little as CAN$70 a month...

PM says floodgates won’t be open to foreign labour

Prime Minister Mia Amor Mottley says Government will not be opening the floodgates to foreign labouras it moves to end Barbados’ population crisis. She has...

‘No need for BERT 2’

Carlos Forte, a Barbadian economist based in Canada, believes Barbados no longer needs to be in an International Monetary Fund (IMF) programme. He is also...

New rules for banks

Commercial Banks and other finance companies must now comply with a new “mandatory” guideline which Central Bank of Barbados officials say will determine if...

‘Be ready for busier’ hurricane season

Barbadians and their caribbean neighbours are being advised to prepare for a “hyperactive” Atlantic hurricane season than forecasters initially predicted. In the wake of the...

Data breaches could trigger lawsuits

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

Overseas opportunities being sought

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...

Alleyne: Hard reinsurance market challenging insurers

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...

Cost control

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...

More employers ‘closing pension plans’

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...