Business
November 17, 2023
Grantley Adams International Airport Struggles to Handle Influx of Passengers Amid Homeporting Initiative
Management of Grantley Adams International Airport (GAIA) is seeking a new use for the closed Concorde Experience to handle the increasing number of passengers during the homeporting initiative.
November 16, 2023
Barbados Prime Minister Mia Amor Mottley Recognized as Influential Climate Leader by Time
Barbados Prime Minister Mia Amor Mottley has been recognized as one of the Time 100 Most Influential Climate Leaders in Business for 2023. Mottley has advocated for climate-vulnerable countries and promoted urgent global financial reform for their recovery after natural disasters.
November 16, 2023
Saudi Arabia-CARICOM Summit Aims to Strengthen Partnerships and Promote Trade and Investment
The Riyadh summit between Saudi Arabia and CARICOM aims to strengthen partnerships and collaboration, with a focus on trade and investment, as outlined in their Joint Action Plan. The summit is co-chaired by Mohammed bin Salman and Roosevelt Skerrit.
November 16, 2023
Extreme Weather Causes Local Produce Shortages and Price Hikes, Predicts Chief Agricultural Officer
Extreme weather conditions have caused local produce shortages and price increases. Chief Agricultural Officer Keeley Holder believes farmers' yields will recover by Christmas despite reduced sweet potato and yam production.
November 16, 2023
Barbados Revenue Authority Workers Continue Industrial Action Over Grievances, Unity Workers' Union Confirms
Workers at Barbados Revenue Authority (BRA) participate in a sick-out sanctioned by Unity Workers’ Union (UWU), demanding prompt resolution of staff grievances. Industrial action expected to continue. Management claims no major impact on operations. Environmental challenges close payment centre. Union represents 106 of the approximate 300 employees.
November 16, 2023
Inability to Pay Rent Emerging as Primary Cause of Homelessness: Barbados Charity Seeks Partnerships with Landlords and Agencies
By Sheria Brathwaite aims to address the issue of homelessness in Barbados by partnering with landlords and welfare agencies to provide housing solutions and prevent people from ending up on the streets.
November 16, 2023
Government Plans New Valuation Legislation for Land and Property in Barbados, Welcomed by Industry Associations
The General Insurance Association of Barbados (GAIB) and the Barbados Estate Agents and Valuers Association (BEAVA) support new valuation legislation in Barbados, aiming to standardize the valuation process and improve efficiency in property transactions.
November 16, 2023
Barbados Egg and Poultry Producers' Association Supports Government Move to Import Eggs Amid Shortage
Barbados Egg and Poultry Producers' Association (BEPPA) supports government's decision to import 1.9 million eggs due to local industry challenges and shortage.
November 15, 2023
Barbados Prime Minister Announces Reforms to Corporate Tax Rates in Ministerial Statement
"On November 7, 2023, Barbados Prime Minister Mia Amor Mottley made a Ministerial Statement announcing reforms to the corporate tax rates in response to compliance with the OECD. The private sector acknowledges the increase in the tax rate."
November 15, 2023
Accusations of Smear Campaigns on Social Media Threaten Reputation of Barbados Tourism Industry, Claims BHTA
The Barbados Hotel and Tourism Association (BHTA) raises concerns about an alleged smear campaign by the local labour movement on social media, potentially damaging the tourism industry's reputation.
November 15, 2023
Central Bank of Barbados Takes Steps to Prevent Excessive Anti-Money Laundering Measures by Commercial Banks
The Central Bank of Barbados is working with commercial banks to ensure that anti-money laundering regulations are implemented without negatively impacting customers. The bank emphasizes the importance of following guidelines while considering customers' needs.
November 15, 2023
Barbados Hotel and Tourism Association Calling on Small Businesses to Join and Benefit from Opportunities
The Barbados Hotel and Tourism Association (BHTA) invites small businesses to join and benefit from various opportunities. Chairman Renée Coppin emphasizes the value of networking and connections within the tourism sector. The BHTA also focuses on emergency response strategies and strengthening linkages with the agriculture industry.