Business

Business

US$144m savings boost for Barbados

Barbados has secured more than US$144 million in fiscal savings through innovative debtfor- nature and debt-forclimate transactions, creating financial room for major investments in water security, sewage modernisation, coastal...
Business

Ministry: Six companies seek exploration licences

Government’s quest to find commercially-viable oil and natural gas resources offshore Barbados has caught the international oil industry’s...
Business

US-Canada trade war worry 

Minister of Finance Ryan Straughn is concerned about the “collateral damage” that Barbados could suffer as the United...
Business

Economist warns of foreign exchange squeeze

One of Barbados’ leading economists sees some challenges around the corner for the country if the trend of...
Business

BHTA reports growth in major tourism markets

Barbados has maintained a firm position as one of the Caribbean’s top destinations despite the challenges of a...
Business

Price hike fears

Shawn Cumberbatch -
There is major concern that new restrictions on vessels and related increased charges by shippers at the water-scarce Panama Canal could ripple into increased...
Business

CIBC Caribbean nets US$167m profit

Shawn Cumberbatch -
Profitability has surged at CIBC Caribbean Bank Limited after positive revenue, loan and deposit growth. Chief executive officer (CEO) Mark St Hill has reported that...
Business

Govt looks to more reliable sources

Shawn Cumberbatch -
Government is working with the local private sector and regional partners in a major effort to secure a more reliable supply of goods for...
Business

Equity financing ‘a viable option’

Shawn Cumberbatch -
Economist Professor Winston Moore is advising businesses and entrepreneurs concerned about the cost of capital to consider equity financing, where they access funding by...
Business

COB suspends CEO

Maria Bradshaw -
Steve Belle, the long-standing chief executive officer (CEO) of the City of Bridgetown Credit Union (COB), has been suspended pending an internal investigation. Reliable sources...
Business

Cost impact from energy transition, says Worme

Shawn Cumberbatch -
The quest for long-term energy security may mean some increased electricity costs for Barbadians in the interim as the country transitions away from fossil...
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