Business

Cost impact from energy transition, says Worme

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 fuels to rely on more...

Eye on financial sector links

The growing interconnectedness between commercial banks and other financial institutions in Barbados does not currently pose a significant...

Chamber exploring alternative sources

The business community is intensifying efforts to help provide more affordable consumer prices as Barbadians continue to feel...

BCCI: Business community working to ease cost of living

Barbados Chamber of Commerce and Industry (BCCI) president Paul Inniss says the business community is working to help...

Trinidad Cement Limited’s local results improve

The Barbados market is no longer contributing to its manufacturing output, but Trinidad Cement Limited (TCL) says operations...

Hope for big deals from trade forum

The first-ever GUBA Trade And Investment Forum and GUBA Awards to be held in the Caribbean will take place in Barbados next month, with organisers anticipating major deals...

UK to increase aid capacity to Guyana

The Guyana government has welcomed the United Kingdom Export Finance’s (UKEF) decision to increase its financing capacity for Guyana from £2.1 billion to £3...

GDP ratio ‘still high’

Fitch has changed its outlook for Barbados from stable to positive and affirmed the country’s B+ credit rating on the basis of Government’s improved...

‘Too much’ imported sugar

Minister of Agriculture Indar Weir says too much sugar is being imported, a situation which he says is being monitored by his ministry. “I would...

Economy ‘to grow slower’

Barbados’ economy is expected to slow to 2.0 per cent growth in 2026 and 2027, marking the end of its strong post-pandemic rebound and...

Eyes on captive’s insurance top spot

Barbados’ position among the world’s top ten captive insurance domiciles is not good enough, according to Minister of Energy and Business, Senator Lisa Cummins,...