Shawn Cumberbatch

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Bajans deeper in debt

Business 1
Barbadian families are deep in debt. While the latest Financial...

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...
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...
Business

Brazil keen to elect new CDB president

Shawn Cumberbatch -
Brazil, the incoming chair of the Caribbean Development Bank (CDB), is keen for the institution to elect a new president following the controversial departure...
Business

Anti-money laundering ratings up

Shawn Cumberbatch -
Barbados effort to intensify the fight against money laundering and terrorist financing has earned it improved ratings from the Caribbean Financial Action Task Force...
Business

No.1 cruise choice

Shawn Cumberbatch -
With Barbados’ cruise tourism sector continuing to rebound, new research says the Caribbean continues to be the world’s leading cruise destination. This is stated in...
Business

Interest pain

Shawn Cumberbatch -
Government is likely to continue facing higher than normal debt repayment costs because themuch-anticipated lowering of global interest rates has not yet materialised. That is...
Business

Call to move tourism investments from the coast

Shawn Cumberbatch -
Sea, sun and sand have been key attractions for Caribbean tourism, but a regional development banker is hoping for the day when new tourism...
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