Shawn Cumberbatch

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Barbados helping to spearhead US$500m disaster emergency fund

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Barbados is playing a leading role in an international...

Global tensions ‘driving up costs’

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Until geopolitical issues, including wars in major international markets...

Power hike concern

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Questions and concerns are being raised about the fuel-related...

Accountants target social change

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Finance is emerging at the frontline of social change...

Fuel surge to blame

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Barbadians will have to dig deeper into their pockets...

FTC reviewing Flow’s latest price increase

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Flow Barbados’ imminent price increase for some broadband and...
Business

New rules for banks

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

‘Be ready for busier’ hurricane season

Shawn Cumberbatch -
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...
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...
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