Business
9 hours ago
Global Trade War Impacts Consumer Sentiments on Rising Prices: A Wait-and-See Approach
Some consumers express concerns over potential price hikes due to the global trade war. Strategies discussed include buying local, purchasing in bulk, and adapting to changing circumstances.
13 hours ago
Barbados Consumer Group Criticizes Government's Customs Valuation Measure Impact on Consumers
The Barbados Consumer Empowerment Network (BCEN) expresses concern over the Government's customs valuation measures favoring commercial importers, potentially neglecting consumer protection. Head Maureen Holder highlights equity issues and lack of price benefits for consumers.
14 hours ago
Decoding the Globalisation Debate: Fact vs. Fiction on US Economic Impact
The article explores the impact of globalization on the US economy, debunking the narrative that it solely harmed the country. It highlights increased wealth, job shifts, and the importance of managing globalization effectively.
15 hours ago
Barbados Private Sector Chief Urges Focus on Local and Regional Goods Amid US Tariff Concerns
Barbados Private Sector Association advises Barbadians to prioritize local and regional goods amid US tariff threats. Caution urged to monitor potential impacts on Caribbean economies and consider short-term buying strategies.
April 5, 2025
Caricom Chairman Mia Mottley Promotes 'Buy Local, Buy Regional' Campaign Amid Global Trade War Concerns
Caricom Chairman Mia Mottley advocates for 'buy local, buy regional' amid global trade tensions, emphasizing the impact on Caribbean tourism and urging collaboration for a strategic response to economic challenges.
April 5, 2025
Jaguar Land Rover Halts US Shipments Amid New Tariffs: Industry Insights and Implications
Jaguar Land Rover halts US shipments to address new tariffs imposed by President Trump. UK car industry faces challenges as US becomes second largest export market. Global markets react.
April 5, 2025
Barbados Hotel Association Warns of Disruptions Due to US Tariffs and Implications for Tourism Industry
The Barbados Hotel and Tourism Association (BHTA) warns of potential disruptions from US tariffs, impacting tourist arrivals, supply chains, and local businesses. Chairman Griffith highlights economic challenges and urges US policymakers to consider regional trade relationships.
April 5, 2025
US Tariffs Spark Concerns Over Rising Costs and Supply Chain Disruptions for Exporters and Consumers
United States tariffs on Barbadian goods and Chinese ships will lead to increased costs and supply chain disruptions, impacting exporters and consumers in the region. Tariffs could result in price hikes and challenges for businesses.
April 4, 2025
Piétrick Voyer: A Compassionate Approach to Airport Leadership | Insights from Grantley Adams International Airport
Piétrick Voyer, Airport Leader of the Future, emphasizes people-first leadership at Grantley Adams International Airport in Barbados. His approach transforms airport culture, focusing on respect, listening, and staff empowerment.
April 4, 2025
Federal Reserve Chair Warns Trump Tariffs Will Impact Inflation and Growth, Delays Rate Change
Federal Reserve Chairman Jerome Powell warns that Trump's tariffs may increase inflation and slow economic growth. Powell emphasizes the need to anchor inflation expectations amidst market turmoil.
April 4, 2025
Barbados Revenue Authority Urges Taxpayers to Verify Third-Party Data for 2024 Income Tax Returns
Barbados Revenue Authority advises taxpayers to review third-party data on their online tax accounts for accuracy before filing 2024 income tax returns to avoid delays. Deadline for PIT returns is April 30.
April 4, 2025
China Implements 34% Tariff on U.S. Imports, Expands Export Controls: A Recap
China imposes 34% tariff on U.S. imports starting April 10 in response to U.S. tariffs. Export controls on rare earths, suspends chicken imports, adds firms to trade sanctions lists.