Business

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 attention. The Ministry of Energy, Business Development and Commerce has disclosed that...
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

BLPC powering a nation for 115 years

For 115 years, the story of electricity in Barbados has been closely connected to the island’s social and...
Business

Watson to challenge BLPC nod for costs

Shawn Cumberbatch -
Attorney Tricia Watson will be challenging the Fair Trading Commission’s (FTC) latest approval of a Barbados Light & Power Company (BLPC) application to recover...
Business

‘70% of workers disengaged’

Nationnews Desk -
Barbados could be losing $1.6 billion a year to disengagement and lost productivity in the workplace. That is the “conservative” estimate of new research by...
Business

Bajans deeper in debt

Shawn Cumberbatch -
Barbadian families are deep in debt. While the latest Financial Stability Report (FSR) flags the $6.64 billion in household debt at the end of 2025...
Business

Mortgages rule loans sector

Shawn Cumberbatch -
The continued expansion in mortgages to facilitate the increased construction of houses and commercial properties has become “a key structural vulnerability” on the books of...
Business

Growing risks threaten financial stability

Shawn Cumberbatch -
Barbados’ financial system is stable but local regulators are warning that global risks have intensified, increasing the likelihood of adverse spillovers into the domestic...
Business

Receiver invites bid for Solar Dynamics assets

Shawn Cumberbatch -
Long-standing Barbados manufacturer Solar Dynamics Limited, an internationally-recognised pioneer of solar water heating technology, is facing an uncertain future. The assets of the company, which...
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