Business

Speightstown Welcomes First Luxury Cruise Vessel, Emerald Sakara, in Historic Milestone

December 13, 2024

Speightstown Welcomes First Luxury Cruise Vessel, Emerald Sakara, in Historic Milestone

Speightstown welcomes its first small cruise vessel, Emerald Sakara, marking a historic milestone for the town. Barbados Port Inc. collaborates with Coastal Zone Management Unit for moorings and guest services.

GAIA Inc. Grapples with $35.6 Million Deficit Amidst Ongoing Pandemic Turbulence | Financial Update 2024

December 12, 2024

GAIA Inc. Grapples with $35.6 Million Deficit Amidst Ongoing Pandemic Turbulence | Financial Update 2024

Government-owned GAIA Inc. faces a $35.6 million deficit due to ongoing financial challenges from COVID-19. Despite this, the company shows progress with a marginal profit in the latest financial year.

Barbados Tourism Sector Set to Improve with Landmark Collective Agreement between BHTA and BWU

December 11, 2024

Barbados Tourism Sector Set to Improve with Landmark Collective Agreement between BHTA and BWU

Barbados tourism industry workers may see improved pay and conditions with a new collective agreement between BHTA and BWU, a significant step for the country's key sector employing 35,000 people.

China Signals Economic Stimulus Readiness Amid Trade Tariff Concerns

December 10, 2024

China Signals Economic Stimulus Readiness Amid Trade Tariff Concerns

Chinese leaders signal readiness to deploy stimulus to counter expected U.S. trade tariffs, shifting to loose monetary policy and proactive fiscal measures to prioritize growth over financial risks.

Barbados Consumer Rights Group Challenges Coconut Water Price Hikes by Retailer Association

December 10, 2024

Barbados Consumer Rights Group Challenges Coconut Water Price Hikes by Retailer Association

The Barbados Consumer Empowerment Network opposes recent coconut water price hikes by BARVEN, citing operational challenges for vendors and urging a balanced approach to protect both vendors and consumers.

Speightstown Shops Struggle Amidst Tourist-Driven Transformation | Insights from Local Business Owners

December 10, 2024

Speightstown Shops Struggle Amidst Tourist-Driven Transformation | Insights from Local Business Owners

Speightstown, St Peter, once a vibrant commercial hub, now struggles to regain its former glory. Vendors and business owners reflect on the town's evolution and current challenges amid a changing landscape.

Balancing Cybersecurity Risks and Digital Transformation in Barbados: The Importance of Data Governance

December 10, 2024

Balancing Cybersecurity Risks and Digital Transformation in Barbados: The Importance of Data Governance

Explore the challenges and importance of Data Governance in Barbados' digital transformation. Learn about cybersecurity concerns and the need for robust safeguards in critical services like healthcare and transportation.

Small Businesswoman's Home and Business Destroyed by Fire: Determination Fuels Recovery Efforts

December 10, 2024

Small Businesswoman's Home and Business Destroyed by Fire: Determination Fuels Recovery Efforts

Small businesswoman Talicia Lewis faced a devastating fire that destroyed her home and business, receiving community support as she rebuilds. The uninsured property loss included her baking and ice popsicle businesses.

WIBISCO's 2024 Profits Decrease Due to Rising Taxes and Global Tax Compliance Measures

December 9, 2024

WIBISCO's 2024 Profits Decrease Due to Rising Taxes and Global Tax Compliance Measures

WIBISCO's 2024 financial year saw a decrease in net income due to higher taxes, with corporation tax increasing to nine percent. Despite this, revenue increased by five percent to $78.4 million.

Barbados Celebrates 3rd Republic Anniversary: Achievements and Progress

December 8, 2024

Barbados Celebrates 3rd Republic Anniversary: Achievements and Progress

Barbados celebrates 58 years of Independence and 3rd Republic anniversary. Achievements include sovereignty, removal of British monarch, and initiatives for economic reform and citizen empowerment.

Rihanna Shines at 2024 Footwear News Achievement Awards with A$AP Rocky: Celebrating Fashion and Industry Talent

December 7, 2024

Rihanna Shines at 2024 Footwear News Achievement Awards with A$AP Rocky: Celebrating Fashion and Industry Talent

Rihanna dazzles in a white gown and wrap heels at the 2024 Footwear News Achievement Awards in NYC with boyfriend A$AP Rocky. The event celebrates industry talents and collaborations.

Barbados Dairy Industry Revamped with Arrival of Pregnant Heifers from Canada

December 5, 2024

Barbados Dairy Industry Revamped with Arrival of Pregnant Heifers from Canada

The dairy industry in Barbados receives a significant boost with the arrival of 180 pregnant heifers from Canada, aiming to enhance milk production and livestock welfare through a transformative initiative.

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