Business

Bajans deeper in debt

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 as one of the “critical...

Mortgages rule loans sector

The continued expansion in mortgages to facilitate the increased construction of houses and commercial properties has become “a key...

Growing risks threaten financial stability

Barbados’ financial system is stable but local regulators are warning that global risks have intensified, increasing the likelihood...

Receiver invites bid for Solar Dynamics assets

Long-standing Barbados manufacturer Solar Dynamics Limited, an internationally-recognised pioneer of solar water heating technology, is facing an uncertain...

IDB lauds fiscal progress, cites challenge

Inter-American Development Bank (IDB) economists believe Government will find it more difficult to achieve a fiscal target that...

BEC calls for protection of rights and dignity of workers

The Barbados Employers' Confederation (BEC) says it has noted with concern the recent allegations made “against a private, Barbados-based construction firm” regarding exploitation of...

We must prepare for AI, says Nicholls

The world of work is changing rapidly and Government must be prepared to adapt so that the rights of Barbadians, including their incomes, are...

BiMPay issues ‘should be sorted’ by next pay day

Minister of Finance Ryan Straughn is hopeful that the technical issues which resulted in some Government workers receiving their salaries late will be resolved...

21% more for food and drink

Barbadians have been paying about 21 per cent more for food and non-alcoholic beverages since 2020, with lower income households “likely disproportionately impacted” by the...

BESCO to sever 10 employees after 2026 sugar harvest

The Barbados Energy and Sugar Company Inc. (BESCO) will sever 10 employees following the conclusion of the 2026 sugar harvest. The company said the move...

Barbados tops CDB evaluation

Barbados has stood out as the strongest performers among five Caribbean countries benefiting from policy-based loans (PBLs) provided by the Caribbean Development Bank (CDB). That...