Business
February 2, 2025
Barbados Revenue Authority Reopens Warrens Towers II Payment Centre for Over-the-Counter Transactions | Feb 3 Update
The Barbados Revenue Authority reopens Warrens Towers II payment center on February 3, enhancing accessibility for businesses and individuals. Two floors allocated for efficient vehicle registrations and payment transactions. Online services also available.
February 2, 2025
Crisis in Barbados Transport Sector: AOPT Raises Concerns Over 'C' Licence Plate Misuse
The Alliance Owners of Public Transport (AOPT) raises concerns over misuse of 'C' licence plates leading to unauthorized taxi services, impacting legitimate public service vehicle (PSV) operators in Barbados.
February 2, 2025
Canada Announces Retaliatory Tariffs Against US in Growing Trade War
Canada retaliates with 25% tariffs on $155 billion worth of US goods, sparking a trade war. Prime Minister Trudeau vows to stand up for Canadians, warning of consequences for both nations.
January 31, 2025
Debate over Trump Administration's Rejection of US Central Bank Digital Currency: Impact on Financial Innovation and US Leadership
The Trump administration's rejection of a US Central Bank Digital Currency (CBDC) in favor of promoting stablecoins sparks debate over financial innovation and US leadership in digital finance.
January 25, 2025
British Virgin Islands Premier Natalio Wheatley Announces Implementation of National Tourism Policy by June's End
British Virgin Islands Premier Natalio Wheatley announces the upcoming National Tourism Policy to address overcrowding challenges and boost visitor experiences, following the recent National Tourism Summit with stakeholders.
January 25, 2025
Barbadians Encouraged to Pursue Trades for Sustainable Employment Opportunities
Barbadians are encouraged to pursue trades for honest livelihoods, with Prime Minister Mottley highlighting lucrative opportunities in construction and landscaping. Various government programs support skill development in these areas.
January 25, 2025
FiX25 Startup Pitch Competition Highlights Nine Caribbean Entrepreneurs, Winner Takes Home US$10,000 Prize
FiX25 Startup Pitch Competition at Fintech Islands showcased Caribbean entrepreneurs. Winner Khary Sharpe's HeadOffice aids accountants with localised support. Monytri and Dataffluent also recognized for innovative fintech solutions.
January 24, 2025
Barbados Consumer Empowerment Network Survey Urges Public Feedback on Bank Opening Hours
The Barbados Consumer Empowerment Network (BCEN) conducts a survey to address reduced bank opening hours, aiming for fair accessibility and advocating for consumer needs amid concerns over declining customer service.
January 24, 2025
Barbados Revenue Authority Requires Monthly Pre-Payment for Corporation Tax to Bolster Government Cash Flow
Companies in Barbados will soon be required to pre-pay corporation tax monthly, with penalties for non-compliance. The move aims to boost the Government's cash flow and align with international tax practices.
January 24, 2025
FiX25: Barbados Hosts Premier Fintech Conference with Global Leaders and Innovators
Barbados hosts FiX25, the premier fintech conference, gathering top industry leaders to shape the global financial landscape. Key speakers include Kahina Van Dyke and Andrew B. Morris. Platinum sponsor: Tabit Insurance.
January 17, 2025
Highway Beautification Pilot Project Launched by MTW Deemed Successful by Minister Bradshaw
The Highway Beautification Pilot Project, led by the Ministry of Transport and Works, empowers small landscaping businesses to maintain roadways, creating employment opportunities and enhancing business skills.
January 17, 2025
Barbados Water Authority System Error Causes Customer Overcharge, Prompts Call for Audit
System error at Barbados Water Authority (BWA) led to overcharging, prompting calls for audit. Fair Trading Commission (FTC) investigation reveals miscalculation, rectified with credit adjustment. BWA confirms investigation and commitment to customer service.