2+ hour, 13+ min ago   (768+ words) A new tax on some of the world’s largest multinational companies based here helped boost government revenue by more than $150m during the first quarter of the financial year, with the Central Bank stressing that households and small businesses will not…...

1+ week, 2+ day ago   (573+ words) A strong visitor economy will hinge on service standards and the ability to blend business and leisure experiences, Prime Minister Mia Mottley said on Monday, as she urged workers to see themselves as central to Barbados’ competitiveness and appeal. Speaking…...

3+ week, 3+ day ago   (562+ words) Despite processing 750 000 transactions worth $1.3 billion within its first month, the BimPay platform is facing operational issues largely attributed to financial institutions, Governor of the Central Bank of Barbados Dr Kevin Greenidge has said, as the regulator moves to enforce stricter…...

3+ week, 5+ day ago   (594+ words) As households continue to feel the squeeze from rising cost of living, CARICOM leaders and the private sector have agreed on a series of measures to reduce import costs, improve regional transport links, remove trade barriers and explore ways to…...

1+ mon, 1+ week ago   (293+ words) CAF – the Development Bank of Latin America and the Caribbean – has announced a US$10bn ($20bn) investment through 2031 to accelerate regional integration and boost economic resilience. The announcement was made by CAF executive president Sergio Díaz-Granados following the high-level International Forum on…...

1+ mon, 2+ week ago   (871+ words) A surge in visitor arrivals and rising hotel revenues has reinforced Barbados’s post-pandemic tourism recovery, even as industry leaders warned of mounting pressure from global booking platforms amid a change in industry leadership. Barbados recorded 727 310 long-stay visitor arrivals and 817 950 cruise…...

1+ mon, 2+ week ago   (566+ words) A short-term $7.9m subsidy designed to cushion households and businesses from rising fuel costs that was set to expire at month-end may be extended, Barbados TODAY can exclusively reveal, after the government inked a US$150m ($300m) energy security loan from the Inter-American…...

2+ mon, 3+ day ago   (843+ words) Agriculture Minister Dr Shantal Munro-Knight has rejected the very notion of “sovereign debt”, arguing that the region’s mounting liabilities are rooted not in domestic policy failures but in a global system shaped by climate vulnerability and historical inequities. The minister,…...

2+ mon, 2+ week ago   (44+ words) Economist Jeremy Stephen has described the first 100 days of the Mia Mottley administration’s third term as "performing as expected", arguing that intense global instability and macroeconomic pressures have forced the administration into a defensive stance, sidelining several of its optimistic…...

2+ mon, 3+ week ago   (155+ words) Recent wage hikes and the introduction of paternity leave have been rolled out too quickly for businesses to absorb without strain, the Barbados Employers’ Confederation claimed on Monday, as it urged better planning around labour reforms....