Business

Assessing Barbados' 2025 Budget: Economic Challenges and Optimism

March 22, 2025

Assessing Barbados' 2025 Budget: Economic Challenges and Optimism

The article analyzes the recent budget presentation in a challenging economic environment, highlighting areas of improvement and existing weaknesses such as sectoral imbalances, high debt levels, and social challenges.

Legendary Boxer George Foreman, World Champion Turned Grill Empire Founder, Passes Away at 76

March 22, 2025

Legendary Boxer George Foreman, World Champion Turned Grill Empire Founder, Passes Away at 76

George Foreman, the legendary boxer who reclaimed the heavyweight title at 45, passed away at 76. His boxing career, comeback, and successful grill enterprise are highlighted, with notable achievements and earnings.

Afreximbank Receives Free Land for Trade Center, Hotel, and Offices Construction in Barbados

March 17, 2025

Afreximbank Receives Free Land for Trade Center, Hotel, and Offices Construction in Barbados

Afreximbank to develop trade center, hotel, and offices on old General Hospital site in Barbados for economic growth and international partnerships, sparking debate in the House of Assembly.

Barbados Economic Outlook: Labor Market Recovery, Diversification, and Workforce Development Strategies

March 17, 2025

Barbados Economic Outlook: Labor Market Recovery, Diversification, and Workforce Development Strategies

Barbados' Budget focuses on economic resilience, job creation, and social welfare. The economy shows recovery, with GDP growth and reduced unemployment. Diversification into new industries and addressing labour shortages are key strategies.

Sagicor Issues Caution to Shareholders Against Unsolicited Mini-Tender Offer by New York Stock and Bond LLC

March 17, 2025

Sagicor Issues Caution to Shareholders Against Unsolicited Mini-Tender Offer by New York Stock and Bond LLC

Sagicor warns shareholders against New York Stock and Bond's unsolicited mini-tender offer to buy up to 100,000 common shares at a discount, emphasizing lack of association and regulatory concerns.

Opposition Leader Ralph Thorne Awaits Auditor General's Report on Home Ownership Providing Energy (HOPE) Inc. Housing Projects

March 17, 2025

Opposition Leader Ralph Thorne Awaits Auditor General's Report on Home Ownership Providing Energy (HOPE) Inc. Housing Projects

Opposition Leader Ralph Thorne awaits a report from the Auditor General on the HOPE Inc. housing projects following a draft special audit report. Prime Minister Mottley ordered a full investigation into the program.

Newly Installed UWI Chancellor Dr Dodridge Miller Defends Institution's Excellence and Urges Collaboration for Progress

March 16, 2025

Newly Installed UWI Chancellor Dr Dodridge Miller Defends Institution's Excellence and Urges Collaboration for Progress

New UWI Chancellor Dr Dodridge Miller defends institution against criticism, highlighting global research excellence and academic programs. Emphasizes need for public-private collaboration and regional support for vital institutions.

UWI Open Campus to Certify Youth Entrepreneurs in YES Development Training Program

March 16, 2025

UWI Open Campus to Certify Youth Entrepreneurs in YES Development Training Program

The Youth Entrepreneurship Scheme (YES) Development Training Program participants will receive certification from the University of the West Indies (UWI) Open Campus. Graduates aim to foster entrepreneurship and business growth.

Barbados Receives Mitsui Ocean Fuji All-Suite Cruise Ship in Inaugural Visit, Celebrates with Traditional Ceremony

March 16, 2025

Barbados Receives Mitsui Ocean Fuji All-Suite Cruise Ship in Inaugural Visit, Celebrates with Traditional Ceremony

Barbados welcomed Japan's luxurious Mitsui Ocean Fuji cruise ship with a traditional ceremony, marking its special one-off visit to the island. The event highlights Barbados' growing reputation as a premier cruise destination.

HOPE Inc. Faces Lawsuit Over $64 Million Contract: Audit Reveals Failures in Home Construction Projects

March 16, 2025

HOPE Inc. Faces Lawsuit Over $64 Million Contract: Audit Reveals Failures in Home Construction Projects

HOPE Inc., a government-created company for low to middle-income housing, faces a lawsuit over a $64 million unfulfilled contract with a precast company. An audit reveals construction issues and financial challenges.

United States Postal Service Announces Job Cuts, Partnership with Elon Musk's Department of Government Efficiency

March 14, 2025

United States Postal Service Announces Job Cuts, Partnership with Elon Musk's Department of Government Efficiency

The United States Postal Service plans to cut 10,000 jobs through voluntary retirement. Postmaster General DeJoy collaborates with Elon Musk's Department of Government Efficiency for further USPS improvements.

Barbados Block Transformation Programme Expands, Creating Opportunities for Youth Entrepreneurs, Says Minister Griffith

March 14, 2025

Barbados Block Transformation Programme Expands, Creating Opportunities for Youth Entrepreneurs, Says Minister Griffith

Barbados' Block Transformation Programme, led by Minister Charles Griffith, has impacted over 6,000 youth, creating 41 new businesses and 17 farming ventures. The initiative offers funding, mentorship, and support for at-risk youth.

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