Business
August 22, 2024
Independent Senator Andrew Mallalieu Urges Reevaluation of Government's Climate Change Investment Strategy Amid Economic Concerns
Independent Senator Andrew Mallalieu urges government to review climate change investment strategy, warning of potential economic harm from costly regulations. Calls for cautious approach due to Barbados' minimal global pollution impact.
August 22, 2024
Corporate Barbados Urged to Increase Support for Back-to-School Initiatives Amid Growing Demand, Says Business Leader
Business leader Eddie Abed urges corporate Barbados to increase support for back-to-school initiatives due to rising demand for assistance from families in need, stressing the persistent need post-COVID. Partnering with reputable organizations is encouraged.
August 21, 2024
OpenAI and Condé Nast Forge Partnership for AI-driven Content Display from Vogue, The New Yorker, and More
OpenAI partners with Condé Nast to feature content from Vogue, The New Yorker, and GQ on ChatGPT and SearchGPT. The deal aims to enhance AI training and support news publishers.
August 20, 2024
Construction to Begin on Revamped Outdoor Market for BARVEN on Mighty Grynner Highway, Completion Expected by 2025
Construction of a revamped outdoor market for BARVEN on Mighty Grynner Highway is set to begin, aiming to address vendor challenges post-relocation from Cheapside in 2020. Completion expected by 2025.
August 20, 2024
Sagicor Sees Growth in Insurance Revenue in Barbados Amid Decline in Investment Income: Analysis of Financial Results
Sagicor Financial Company Limited reports increased insurance revenue in Barbados but a decline in investment income. The company's financial results highlight strong earnings from its Canadian segment.
August 20, 2024
BCEN Accuses Barbados Government of Ineffective Response to Rising Costs, Calls for Collaboration - Barbados TODAY
The Barbados Consumer Empowerment Network (BCEN) criticizes the government's ineffective response to rising living costs, urging genuine collaboration to alleviate economic hardships and address price hikes across various sectors.
August 18, 2024
Advocating for Full Financial Inclusion of Individuals with Disabilities: Challenges and Solutions
The article discusses the importance of full financial inclusion for individuals with disabilities, highlighting the need for targeted support and systemic changes to address their unique financial challenges.
August 18, 2024
Economic Growth in Barbados: Central Bank Stands by 4.5% Estimate, Ensures Transparency in Data Reporting
Central Bank of Barbados confirms 4.5% economic growth in the first half of the year, addressing concerns on data accuracy and transparency. IMF validation supports reliability of economic reports.
August 18, 2024
Central Bank of Barbados Upholds Commitment to Accuracy and Transparency in Economic Reporting
The Central Bank of Barbados reaffirms its commitment to accuracy and transparency in economic reporting, ensuring reliability through rigorous analysis and external validation by the IMF for 2023 GDP estimates.
August 17, 2024
Barbados Light & Power Seeks Approval for Additional BESS Capacity and SCOs for Grid Stability
Barbados Light & Power Company progresses in acquiring battery energy storage systems for grid stability and renewable energy integration. Concerns raised over capacity limitations and need for additional infrastructure.
August 17, 2024
Title: Barbados Agricultural Society Threatens Protest Over Pork Imports: President Henderson Williams Stresses Need for Fair Market Practices
Barbados Agricultural Society (BAS) may protest against pork imports due to market concerns. President Henderson Williams emphasizes supporting local farmers and industry sustainability. CEO James Paul supports local production initiatives.
August 17, 2024
Barbados Renewable Energy Project in Jeopardy as BLPC and FTC Clash Over Battery Energy Storage Systems
Barbados Light & Power Company and Fair Trading Commission are at odds over a $400 million renewable energy project, potentially hindering sector development. Industry expert suggests resolution through Clean Energy Transition Rider.