Business
December 14, 2023
Barbados Pursues Renewable Energy Storage Solutions and Competitive Procurement, Says Minister of Energy Senator Lisa Cummins
"Barbados is addressing its renewable energy storage challenges through strategic alliances and competitive procurement, aiming to build out its storage capabilities and reduce import costs."
December 14, 2023
Boosting Public Sector Productivity: Former Governor recommends prioritizing skills upgrade in Barbados Government, financed through tax revenue
Former Governor of the Central Bank of Barbados, Dr Delisle Worrell, advises prioritizing spending on skills upgrading in the public service for increased productivity, funded through tax revenue rather than policy-based loans.
December 12, 2023
BFPA Executive Director Discusses Challenges Faced and New Headquarters Opening Amidst COVID-19 Pandemic
The executive director of the BFPA discusses the challenges faced during the COVID-19 pandemic and the increase in STIs, as the organization opens a new headquarters in Barbados.
December 12, 2023
Barbados Light & Power Challenges Fair Trading Commission's Rate Increase Decision in High Court
The Court ordered a stay in proceedings as the Barbados Light & Power challenged a decision by the Fair Trading Commission regarding a rate increase. The matter has been transferred to the Commercial Division for further hearing.
December 11, 2023
DAYS Bookstore, Staple in The City for 35 Years, to Close Permanently in 2024
After 35 years, DAYS Bookstore will close due to financial setbacks, declining foot traffic, and a decline in sales caused by the COVID-19 pandemic. The bookstore's directors recognized the changing business landscape and the increasing use of the internet for information. They also acknowledged the continued importance of bookstores and expressed gratitude for the support they received over the years.
December 11, 2023
The Scarcity and Rising Costs of Vegetables Impact Christmas Market in The City
Vendors in The City are facing challenges with the availability and high cost of certain vegetables, such as sweet potatoes, sweet peppers, okras, and butternut squash. They are forced to raise prices due to the scarcity.
December 10, 2023
Haymans Market Revives Commercial Activity in St Peter with New Marketplace Opening
Discover the newly opened Haymans Market in St Peter, a transformed space that combines retail shops, entertainment, and a market attraction, revitalizing commercial activity in the area.
December 8, 2023
Proposed Utilities (Amendment) Act 2023 Threatens Consumer Input in Renewable Energy Regulations - DLP President Warns
The proposed Utilities (Amendment) Act 2023 has been warned to potentially impact the regulation of renewable energy companies, with limited consumer input. The Democratic Labour Party (DLP) President urges objections and withdrawal of the measure.
December 7, 2023
Renewable Energy Advocate Ralph Bizzy Williams Calls for Worldwide Carbon Tax to Combat Global Warming
Ralph Bizzy Williams, a prominent renewable energy advocate, plans to discuss the implementation of a carbon emissions tax with an undisclosed foreign investor during the Christmas holidays. He emphasizes the importance of renewable energy to sustain human habitation on Earth.
December 7, 2023
Surinam Airways to Launch Guyana-Barbados Flights from December 20
Surinam Airways plans to launch scheduled flights between Guyana and Barbados, starting December 20. The airline aims to improve convenience and increase productivity, with potential plans to expand to other destinations.
December 6, 2023
Dominica Signs Agreement for 10MW Geothermal Plant Development with Ormat Technologies Inc (FILE)
"Discover how Dominica has signed an agreement with Ormat Technologies Inc. for the development of a 10MW geothermal plant, aiming to reduce dependence on fossil fuels and stabilize electricity costs."
December 6, 2023
Scotiabank Named Barbados' Bank of the Year for Fourth Consecutive Year - The Banker Magazine 2023
Scotiabank is declared Bank of the Year in Barbados for the fourth consecutive year by The Banker Magazine. The award recognizes excellence in various aspects of the local banking industry.