Business
December 23, 2023
Entrepreneur Janal Browne Organizes Christmas Give-Back Initiative Benefiting 300+ Residents in Christ Church
Entrepreneur Janal Browne organized a Christmas give-back initiative for Christ Church residents, donating over 100 hampers, toys, and chickens to vulnerable individuals in two constituencies.
December 23, 2023
Dual Narratives Unfold in Bridgetown as High Prices and Slow Sales Impact Holiday Shopping
"Contrasting scenes unfold in Bridgetown as shoppers face financial constraints during the holiday season, while supermarkets report prosperous sales and lively activity."
December 22, 2023
BMW opens first luxury electric vehicle showroom in Barbados at Automotive Arts complex
"Experience BMW's luxury class electric vehicles at their state-of-the-art showroom in Barbados, the first of its kind in the Caribbean. Discover their commitment to sustainability and customer demands."
December 22, 2023
Plans Underway to Expand Natural Gas Access in Barbados: Minister of Energy Reveals Cabinet Approval for Grid Expansion Project
Plans are underway to enhance access to natural gas for Barbadians through the expansion and replacement of ageing pipeline infrastructure. The project is close to completion and is expected to improve overall infrastructure and reduce gas loss.
December 22, 2023
Bridgetown Port Extends Closing Hours to Ensure Timely Cargo Deliveries Amid Surge in Volumes
The Bridgetown Port has extended its operating hours to accommodate increased cargo volumes. They are committed to efficient operations and maintaining direct deliveries amid global supply chain challenges.
December 22, 2023
Government's Student Revolving Loan Fund (SRLF) Reports Record Profits and Improved Operations, Restructuring Planned
The Government's Student Revolving Loan Fund (SRLF) has reported improved operations and record profits, with a net profit of $9.67 million in the last financial year. However, the SRLF is expected to undergo restructuring in the coming year.
December 21, 2023
Government's Guarantee of $50 Million Loan for Kensington Oval Upgrade Questioned by Senators
Two independent senators question the government's guarantee of a $50 million loan from the Africa Import-Export Bank to upgrade Kensington Oval, raising concerns about repayment and the high interest rate.
December 21, 2023
Barbadian Biotech Firm Partners with BNOCL to Establish Pilot Biogas Service Station for Sustainable Energy
A Barbadian biotech firm partners with Barbados National Oil Company to set up a pilot biogas service station, using sargassum seaweed, rum wastewater, and manure to create clean fuel.
December 21, 2023
Real Estate Expert Calls for Pause on Land Subdivision in Barbados Due to High Number of Vacant Residential Properties
Real estate expert Andrew Mallalieu advises authorities to halt land subdivision for residential plots due to the high number of vacant residential properties in Barbados.
December 21, 2023
New Airlift Opportunity Enhances Travel and Business Between Suriname and Barbados: A Milestone for CARICOM Member States
The new airlift opportunity between Suriname and Barbados is celebrated as a milestone that will improve travel and business within CARICOM. Surinam Airways will operate two flights weekly.
December 21, 2023
Russian billionaire Roman Abramovich loses legal challenge against EU sanctions, court dismisses claims for compensation
Brussels - Russian billionaire Roman Abramovich's legal challenge against EU sanctions imposed due to Russia's invasion of Ukraine was dismissed by the EU court, which also denied his claims for compensation.
December 21, 2023
Independent Senator Raises Concerns Over Lack of Repayment Plan for Kensington Oval Upgrade
Independent Senator Andrew Mallalieu raises concerns about the lack of a business plan for Kensington Oval Management Inc.'s (KOMI) repayment of a US$25 million loan guaranteed by the Government. He questions the ruling administration's priorities. Minister in the Prime Minister's Office, Senator Dr Shantal Munro-Knight, believes the upgraded facility will financially benefit Barbados in the long run.