Business

Business

‘70% of workers disengaged’

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 Dr Shindale Seale, an international...
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...
Business

Mortgages rule loans sector

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

Growing risks threaten financial stability

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

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...
Business

Governor: Economy needs modern system

Barry Alleyne -
BiMPay has been described as a special piece of financial infrastructure that will modernise how Barbadians send, receive and access money. It came from Central...
Business

Legacy in motion

Julia Haynes -
As Barbados Port Inc. marks 65 years of service, this commemorative feature celebrates the people, progress and purpose that have shaped one of the...
Business

BiMPay set to go live on June 12

Nationnews Desk -
Barbados will enter a new era of digital payments on June 12 when the Central Bank of Barbados officially launches BiMPay, the country’s new...
Business

Experts warn of worse effects from war crisis

Shawn Cumberbatch -
Some experts monitoring the oil price shock and related fallout from the war in the Middle East are warning Barbados and other Caribbean economies...
Business

CIBC Caribbean profits dip

Shawn Cumberbatch -
CIBC Caribbean Bank Limited has recorded a dip in its quarterly and half-year profitability but management says the financial results remain “solid”. On the heels...
Business

Digital payments trump cash

Shawn Cumberbatch -
Cash is no longer king in Barbados. It has been dethroned by digital payments. Central Bank of Barbados data shows that this trend was reinforced...
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