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

Economic growth slows for Barbados

Shawn Cumberbatch -
Barbados’ economy has now expanded for 21 consecutive quarters. However, with international uncertainty – especially the war in the Middle East taking a toll –...
Business

Port reforms ‘could save $19m’

Shawn Cumberbatch -
The Barbados Chamber Of Commerce and Industry (BCCI) is calling for a more collaborative and evidence-based response so that Barbadians can benefit from a...
Business

Celebrating 70 Years of supporting Barbadian businesses

Julia Haynes -
For 70 years, the Barbados Employers’ Confederation (BEC) has been helping to shape how we work in Barbados. Most of us know the BEC for...
Business

Heat drives rush for ACs, fans

Ashada Joseph -
As Barbados braces for intense heat in August, retailers are reporting stronger demand for fans and air conditioning units from households and businesses. Earlier this...
Business

AM Best upgrades Sagicor

Shawn Cumberbatch -
Financial services group Sagicor Financial Company Limited, including its Barbados-based subsidiaries, has received a series of credit rating upgrades from AM Best. The global credit...
Business

Fees fuel bank profits

Shawn Cumberbatch -
Commercial banks are consistently making a large share of their profits from fees, including $152.6 million collected in 2025 from what they charged Barbadians. After...
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