Business
February 27, 2025
British Virgin Islands (BVI) and Dominican Republic Initiate Economic Cooperation Talks with Focus on Trade and Agriculture | UN ECLAC Meeting Highlights
British Virgin Islands and Dominican Republic discuss enhancing economic ties, focusing on trade, agriculture, and regional collaboration. Officials aim to establish an official dialogue for economic cooperation and explore development partnerships.
February 27, 2025
Barbados Minister of Labour Commends KFC and BWU Wage Agreement as Testament to Strong Industrial Relations System
Minister Colin Jordan commends Barbados Workers’ Union and KFC for securing a nine per cent pay increase through collective bargaining, emphasizing fair wages and job security in industrial relations.
February 27, 2025
Financial Services Commission (FSC) Plans Comprehensive Legislative Revamp for Enhanced Flexibility and Regulation
The Financial Services Commission (FSC) is undergoing a legislative revamp to introduce flexible legislation, reducing the need for major future changes. The changes aim to meet stakeholders' needs and include risk-based requirements.
February 27, 2025
Government Unveils Plans for E-Conveyancing to Revolutionize Property Transfer System
Government introduces e-conveyancing to modernize property transfer system, aiming to eliminate inefficiencies, reduce costs, and expedite land ownership processes. Minister emphasizes need for improved accessibility and alignment with global standards.
February 26, 2025
Jonathan Reid Sworn in as Senator and Minister of Innovation, Industry, Science, and Technology: Government's Focus on Digitization and Public Engagement
Jonathan Reid, former Chief of Staff, sworn in as senator and Minister of Innovation, Industry, Science, and Technology, focusing on digitization and boosting scientific and technological development in Barbados.
February 26, 2025
Barbados Tourism Achieves Remarkable Growth in 2024, Surpassing Pre-Pandemic Figures
Barbados' tourism in 2024 surpassed 2019 levels, with the US, UK, and Canada leading in visitor arrivals. Cruise tourism also saw a significant increase, with positive outlook for 2025.
February 25, 2025
Barbadians Express Concern Over Rebranding of Hanschell Inniss Ltd and Collins Ltd Amidst Ownership Changes
Barbadians express concerns over upcoming rebranding of Hanschell Inniss Ltd and Collins Ltd by Trinidad-based Agostini Ltd. Retail stores to keep original names amid regional rebranding.
February 25, 2025
BICO's Return to Milk Production Sparks Concerns Among Barbados Agricultural Society CEO
BICO's return to milk production sparks controversy as BAS CEO criticizes importation of powdered milk, citing concerns over food dependency and differences from locally produced milk.
February 25, 2025
CARICOM Chair Signals Focus on Cybersecurity Amidst Climate and Financial Concerns
Prime Minister Mia Mottley emphasizes the importance of cybersecurity alongside climate crisis and financial reforms during her CARICOM chairmanship. Cybercrime's economic impact in the Caribbean is discussed at the Aliv Business Cybersecurity Summit.
February 25, 2025
Transport Board to Replace All Diesel Buses with 120 Electric Buses Following Arrival of 31 New Units
Transport Board CEO Fabian Wharton announced the replacement of diesel buses with 31 new electric buses from China, aiming for a fully electric fleet and significant cost savings on maintenance.
February 25, 2025
Barbados Pursues Closer Diplomatic Relations with Togo for Trade and Economic Growth
Barbados aims to strengthen diplomatic ties with Togo to enhance trade, cultural exchange, and economic growth. Leveraging Togo's infrastructure and economy for mutual benefits and opportunities for businesses and entrepreneurs.
February 23, 2025
interCaribbean Airways Introduces New Non-Stop Flights Between San Juan, Puerto Rico (SJU) and Anguilla (AXA) from April 14, 2025
interCaribbean Airways introduces new non-stop flights linking San Juan, Puerto Rico, and Anguilla. The service enhances travel between Puerto Rico and the Northern Caribbean, offering convenient access to Anguilla's luxury destinations.