Business
May 13, 2024
Report Reveals Continued Long Hours for Workers at Chinese Fast Fashion Supplier Despite Promises for Improvement
An investigation reveals that workers at Chinese fast fashion supplier sites for Shein still endure excessive overtime, despite promises of improvement. Shein claims to be addressing the issue.
May 13, 2024
Barbados Construction Costs See Continued Escalation, BCQS International Report Reveals
BCQS International's 2023-2024 report highlights a 8.35% increase in construction costs in Barbados, covering primary materials, plant, and labor elements in the Caribbean and Latin America region.
May 12, 2024
Financial Services Commission (FSC) Names Sade Jemmott as New General Counsel
The Financial Services Commission (FSC) appoints Attorney Sade Jemmott as the new general counsel, bringing expertise in international commercial law and corporate advisory services to the team.
May 11, 2024
Fair Trading Commission decision on Barbados Light & Power's Battery Storage Investment Sparks Concerns
The Fair Trading Commission's decision on Barbados Light & Power's battery storage request receives mixed reactions. Consumer group highlights concerns over grid reliability and transparency in energy supply transition.
May 11, 2024
Transformed Globe Drive-In Offers Local Entrepreneurs Opportunity at Saturday Market Day in Barbados
Globe Drive-In transforms into a market day on Saturdays, providing a platform for local entrepreneurs to showcase goods and services in a family-friendly environment. Vendors benefit from networking opportunities and a low-cost setup.
May 11, 2024
Republic Bank Barbados Announces First Female Managing Director, Anthony Clerk Retires After 42 Years
Republic Bank Barbados will see its first female Managing Director, Carlene Seudat, succeeding Anthony Clerk after his retirement. Clerk led digital transformation and sustainable development initiatives during his tenure.
May 10, 2024
Barbados-GC Direct Flight Service by Cayman Airways to End on July 3, 2024
Barbados Tourism Marketing Inc. (BTMI) and Cayman Airways will end direct services between Barbados and Grand Cayman on July 3, 2024, following a mutual agreement due to route performance evaluation.
May 10, 2024
Cayman Airways' Direct Services Between Barbados and Grand Cayman to Cease on July 3, 2024
Cayman Airways' direct services between Barbados and Grand Cayman will end on July 3, 2024. The decision, announced by Barbados Tourism Marketing Inc, follows a comprehensive review of airlift performance.
May 10, 2024
Barbadians Face Electricity Rate Increases Following FTC Decision on BL&P's Clean Energy Transition Application
The Fair Trading Commission's ruling on Barbados Light & Power Company Limited's application for pre-approval of investments may lead to electricity rate increases for Barbadians, according to intervenor Senator Tricia Watson.
May 10, 2024
Revitalizing Horse Racing in Barbados: New Investments and Legendary Jockey's Call to Action
New investments in horse racing, including a new track and high-quality horses, are urged by Barbados champion jockey Patrick Husbands to boost the sport's growth and appeal.
May 10, 2024
Governor of Central Bank of Barbados Shies Away from Cryptocurrency, Billionaires Disagree
Governor of the Central Bank of Barbados finds cryptocurrency too complex, preferring traditional cash. Contrasting views from individuals like Bill Miller and Michael Saylor highlight differing perspectives on Bitcoin's potential.
May 10, 2024
Barbados Braces for Significant Electricity Bill Increase Amid Clean Energy Investment: Key Insights Revealed
Intervenors warn Barbadians of potential 26.2% electricity bill hike as Fair Trading Commission approves Barbados Light & Power's battery storage investment plans. Concerns raised over possible legal loophole for rate increases.