Business
September 30, 2024
Dockworkers’ Strike Threatens US Ports Amid Contract Dispute | Latest Updates
Dockworkers' strike at major US ports threatens trade and economy. International Longshoremen's Association members to walk out, demanding pay increases and addressing automation concerns. President Biden unlikely to intervene.
September 30, 2024
Possible Strike Action by International Longshoremen’s Association in US Raises Concerns for Barbados Businesses and Consumers
Warning of possible strike action by the International Longshoremen’s Association in the US, Barbados business associations anticipate potential disruptions to local businesses and consumers due to port closures.
September 29, 2024
Opposition Senator Criticizes Electricity Supply Bill 2024 as a Cosmetic Name Change, Urges Real Sector Improvement
Opposition Senator Andre Worrell criticizes the Electricity Supply Bill, 2024, for lacking innovation and similarity to the 2013 Electric Light And Power Act. Worrell emphasizes the need for effective policy implementation.
September 29, 2024
SJPI Principal Ian Drakes Discusses Impact of Artificial Intelligence on Barbados Industries
Ian Drakes, Principal of SJPI, discusses AI's impact on Barbados industries. SJPI prepares workforce for AI's transformative potential, focusing on education and innovation to lead the nation into the AI-driven era.
September 29, 2024
Barbados Embraces Digital Transformation to Revolutionize Public Services, Says GovTech Barbados CEO
Barbados is undergoing a digital transformation led by GovTech Barbados to enhance public services, focusing on accessibility, efficiency, and citizen-driven initiatives. The government aims to streamline operations and improve citizen interactions through advanced technology and data-driven processes.
September 29, 2024
Barbados Signs Multilateral Tax Agreement to Enhance Global Cooperation
Barbados signs Multilateral Convention to Facilitate Pillar Two Subject to Tax Rule, aiming for fairer global tax arrangements. Minister Straughn highlights commitment to global tax compliance and strengthening ties with OECD.
September 27, 2024
Meta Fined €91m by Irish Data Protection Commission for Storing Passwords Without Encryption: GDPR Breaches Revealed
Meta, Facebook's parent company, fined €91m by Irish Data Protection Commission for storing passwords without encryption. DPC found four GDPR breaches. Password security emphasized due to sensitive nature.
September 27, 2024
SBA Promotes Entrepreneurial Thinking as Essential Life Skill for Youth
The Small Business Association (SBA) promotes entrepreneurial thinking as a crucial life skill for youth, offering hands-on training through the Enterprise in Action Youth Programme in partnership with the TVET Council.
September 27, 2024
X Leo Leacock Memorial Lecture at Small Business Week 2024 Explores Strategies for MSME Growth
The X Leo Leacock Memorial lecture during Small Business Week 2024 explored challenges facing micro, small, and medium enterprises. Hon Allen Chastanet shared insights on regulatory frameworks and economic drivers.
September 27, 2024
Barbados Workers’ Union (BWU) Criticizes Sandals Barbados Resort for Staff Layoffs and Hiring Practices: Calls for Official Inquiry
Sandals Barbados Resort faces criticism from the Barbados Workers’ Union over staff layoffs and alleged questionable hiring practices, prompting calls for an official inquiry. BWU claims emails show a sudden reversal in job security for at-risk employees.
September 26, 2024
USVI's Helenese Advocates Tourism's Role in Promoting Global Peace
Teri Helenese, Director of State-Federal Relations for the US Virgin Islands, highlights tourism's role in fostering cultural connections and global peace. Emphasis on sustainable tourism and economic growth through cultural preservation.
September 26, 2024
Dwight Sutherland's Housing Ministry Under Fire: Opposition Criticizes Affordable Housing Efforts and Performance Since 2018
Opposition criticizes Housing Minister Dwight Sutherland's performance, citing mishandling of squatter relocation, cost overruns in house rebuilding post-Hurricane Elsa, and internal issues in affordable housing project HOPE Inc.