Business

Economic growth slows for Barbados

Barbados’ economy has now expanded for 21 consecutive quarters. However, with international uncertainty – especially the war in the Middle East taking a toll – economic growth has slowed. Central Bank...

Port reforms ‘could save $19m’

The Barbados Chamber Of Commerce and Industry (BCCI) is calling for a more collaborative and evidence-based response so...

Celebrating 70 Years of supporting Barbadian businesses

For 70 years, the Barbados Employers’ Confederation (BEC) has been helping to shape how we work in Barbados. Most...

Heat drives rush for ACs, fans

As Barbados braces for intense heat in August, retailers are reporting stronger demand for fans and air conditioning...

AM Best upgrades Sagicor

Financial services group Sagicor Financial Company Limited, including its Barbados-based subsidiaries, has received a series of credit rating...

Hotel upgrades coming

AS BARBADOS CONTINUES to sharpen its competitiveness in the tourism industry, a number of hotels will embark on building up room capacity over the...

ON THE RIGHT: Businesses need help now

THE SMALL BUSINESS Association (SBA) has been lobbying for various legislative and policy improvements for some time to enable the growth and development of...

ON THE LEFT: Government has small business plan

THE MICRO, SMALL and medium enterprises sector is very critical to the social and economic development of Barbados. Purely on the basis of jobs...

THE ISSUE: With help, MSMEs can thrive

DEFINITIONS VARY, BUT however you describe them, small businesses make a significant contribution to economic development. It is estimated that 9 700 “formal” micro,...

GEL to sell shares in rum distillery

GODDARD ENTERPRISES LIMITED (GEL) has agreed to sell its shares in The West Indies Rum Distillery Limited (WIRD). The transaction should be soon finalised...

TOURISM MATTERS: Lower prices drive demand

Leading United Kingdom-based specialist insurer, Columbus Travel Insurance Services Ltd, trading as Columbus Direct, recently published the results of a survey which was picked...