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Tag Archives: economy

  1. Shots fired in Ukraine may sink Small Island economies

    The Chair of the Executive Council of SIDS DOCK, the international organisation created to build sustainable energy and climate change resilience in small island countries, today warned that island economies could be collateral damage of the fighting in Ukraine. SIDS DOCK, the Small Island Developing States (SIDS) sustainable energy and climate resilience organisation is worried […]

    March 16, 2022NatureNo comments
  2. Tourism to be the Focus of the July Caribbean Economic Forum

    “Reviving Caribbean Tourism” will be the theme of the second edition of the Central Bank of Barbados’ 2020 Caribbean Economic Forum, which takes place on Tuesday, July 28, 2020 at 8:00 p.m. EST (7:00 p.m. in Jamaica). During the 90-minute discussion, veteran journalist Julian Rogers will speak with a panel of regional tourism and health […]

    July 23, 2020Business, Photo GalleryNo comments
  3. Feedback on Bajan Blackout Day held on 7th July 2020

    Bajan Blackout Day was an event in which consumers were encouraged to spend their money with Black businesses in Barbados in order to use economic power to counter economic disparity. Black consumers in Barbados account for an estimated 95% of the economic spending or economic power. Circulating Black dollars and doing business with each other […]

    July 17, 2020Business, FeaturedNo comments
  4. CARIF 2018 attracts leaders across the Caribbean region

    Now in its 3rd year, Caribbean Infrastructure Forum (CARIF 2018) once again brought together policy makers and developers, to exchange views on the financing and construction of world class infrastructure projects throughout the Caribbean. The interactive forum took take place at the Baha Mar Convention center on December 4th and 5th, 2018. Dr. Hubert A. […]

    December 10, 2018BusinessNo comments

    From midnight, Sunday 3rd December the retail prices of gasoline, diesel and kerosene will increase. These price adjustments are in keeping with Government’s policy of allowing retail prices to be reflective of those on the international market. (JS/BGIS)

    December 3, 2017Breaking News, Business, FeaturedNo comments
  6. Caribbean Economist joins BITT as their Chief Economist

    The Barbados based FinTech company, Bitt, disclosed the appointment of Marla Dukharan as its Chief Economist, retroactively effective August 1st 2017. Commenting on the stunning acquisition of one of the Caribbean’s most noted and accomplished Economists, Bitt’s Chairman Peter George stated “We are incredibly excited to have Marla join the Bitt family. Her knowledge and […]

    August 21, 2017TechnologyNo comments
  7. Bajan Youth Perspectives need to be heard for Budget 2017

    A national Youth Forum set for June 28th will gather nearly 200 young people from various youth organisations to discuss the youth perspectives on the Barbados economy. The Forum, a free event be hosted between 9.30 am – 12.30pm, June 28th at Olympus Theatres, organised by the Global Shapers Bridgetown Hub, will offer young people […]

    June 26, 2017Breaking News, Culture, FeaturedNo comments
  8. CDB urges Region to act now to create environment for economic growth

    The Caribbean Development Bank (CDB) is projecting that the Region will experience economic growth of approximately 1.7 percent in 2017. However, CDB Director of Economics, Dr. Justin Ram, warns that this will not be enough to stimulate employment, particularly among youth, and reduce high regional debt levels. He points to the need for a long-term […]

    February 27, 2017BusinessNo comments
  9. ‘How The Economy Works’ – Monday 30th Jan, 6:00 p.m. Queens College

    #Barbados #economy #financialliteracy #opposition A photo posted by Ian Douglas Bourne (@airbourne_bds) on Jan 29, 2017 at 4:59am PST Ms. Sandra Husbands, BLP Candidate for the Constituency of St. James South will launch a series of voter education presentations for the St. James South Constituency, with an invitation extended to all Barbadians. The first presentation, […]

    January 29, 2017Photo GalleryNo comments
  10. Global Shapers Launch Bridgetown Hub launches 2017 Recruitment Drive

    The Bridgetown Hub of the Global Shapers community has officially launched a recruitment drive aimed at bringing together Barbados’ most progressive young individuals together to act as a catalyst towards social and economic change. The deadline for applications is February 5th, 2017. “Barbados has a wealth of exceptional young people involved in a diverse range […]

    January 29, 2017EducationNo comments

    The Arawak Cement Company Ltd (ACCL), just informed employees of its intention to offer Voluntary Separation packages as part of a financial and operational restructuring programme started in October 2015. With significant excess cement capacity in the region and highly competitive price sensitive markets, cost reduction is vital for Arawak to return to profitability and […]

    September 12, 2016ControversyNo comments

    Effective midnight Sunday 7th June the retail price of gasoline, diesel and kerosene will increase (again). The price of kerosene will now be $1.28, up from $1.18. The 25 lb. cylinder will increase by 67cents from $44.98 to $45.65, while the 22 lb. cylinder will move from $39.74 to $40.34. There will be a 54 […]

    June 6, 2015BusinessNo comments
  13. “China: Strike while the iron is hot” By Sir Ronald Sanders

    China’s Premier Li Keqiang, accompanied by over 100 senior Chinese business leaders, visited four South American countries for eight days in May. Along the way, he pledged hundreds of billions of dollars to Brazil, Peru, Chile and Colombia. US$53 billion was announced for Brazil alone. The Chinese pledges were met with scepticism by Western analysts […]

    June 3, 2015Featured, PoliticalNo comments

    A leading American University Dean and economist who argues that clarity, discipline and trust are at the heart of the economic growth and development, not austerity, will be in Barbados in March. Jamaican-born Dr. Peter Blair Henry, Dean of New York University’s Leonard N. Stern School of Business, an expert on the global economy, leader […]

    March 6, 2015EventsNo comments
  15. Spectre of job losses raised in Bermuda: Royal Gazette analysis

    Bermudian public sector workers could be laid off this fiscal year, their Finance Minister Bob Richards warned as he lamented the union leadership’s refusal to continue with furlough days. Mr Richards said job losses could no longer be ruled out as Government trims its expenditures to hold on to its financial independence against the growing […]

    February 22, 2015PoliticalNo comments
  16. SACHS Monthly Commentary: Paul Krugman & the Obama Recovery

    For several years, and often several times a month, the Nobel laureate economist and New York Times columnist and blogger Paul Krugman has delivered one main message to his loyal readers: deficit-cutting “austerians” (as he calls advocates of fiscal austerity) are deluded. Fiscal retrenchment amid weak private demand would lead to chronically high unemployment. Indeed, […]

    January 7, 2015Editorial, PoliticalNo comments
  17. Central Bank of Barbados to Host a Three-Day Conference on Monetary Policy In Small Very Open Economies

    The Central Bank of Barbados will host a three-day conference on Monetary Policy in Small Very Open Economies at the Grande Salle, Tom Adams Financial Centre from December 15 to 17, 2014. Dr. Tarron Khemraj, the William G. and Marie Selby Associate Professor of Economics at New College of Florida, the Honors College of State […]

    December 14, 2014Business1 comment

    On the occasion of the 48th Anniversary of Independence, Barbados, a small island developing state can be justly proud of its growth, development and record of achievements. As Barbadians reflect on the transition of this island from its status as a British colony to independent state, it can be satisfied of the fact that it […]

    November 29, 2014EventsNo comments
  19. LIAT responds to speculation over staff cuts

    LIAT’s Head of Corporate Communications Desmond Brown said: “Any staff cuts that may be required in order to reflect the size of LIAT’s business in the future will only be made in consultation with staff and their representatives. This process has yet to commence and therefore any speculation about the number of cuts remains just […]

    November 24, 2014Business, FeaturedNo comments
  20. Threat, what threat? Barbados’ Finance Minister downplays alleged threat – praises Central Bank for Website, but ignores their Media disrespect

    Cry wolf is an expression that means “raise a false alarm“, derived from the fable The Boy Who Cried Wolf. (WIKIPEDIA) You may recall it was not so long ago when Chris Sinckler implied he received a threat against his life and pledged to have the insidious device probed forthwith… Yet no more was heard? […]

    November 2, 2014Editorial, PoliticalNo comments
  21. Sound & Fury, signifying… Barbadian Opposition Leader not impressed with Media Gathering, yet what is Counter-Proposal?

    This was a waste of the journalists’ time. Once again Minister Sinckler created an aura as if he had something to say, only to come to rattle off generalities. {CLICK ON FOLLOWING ICON FOR FULL AUDIO – SMARTPHONE OR TABLET USERS, CLICK WHERE LINKS ARE PLACED IN STORY} People in Barbados are still no wiser […]

    October 28, 2014Featured, PoliticalNo comments
  22. Education and health critical to long-term prosperity on Nevis, Premier says

    Premier of Nevis and Minister of Finance Vance Amory believes that education and health are areas critical to the expansion of opportunities that would facilitate the island’s long-term prosperity and equity. Mr. Amory made the comment when he delivered the feature address at the Consultation. It was held at the Michael Herald Sutton Auditorium at […]

    October 20, 2014EducationNo comments
  23. Scotland’s September 18 Referendum: Its consequences By Sir Ronald Sanders

    {EDITOR’s NOTE: The opinions, beliefs and viewpoints expressed by the author and any commenters on this article do not necessarily reflect the opinions, beliefs and viewpoints of nor official policies of} If the people of Scotland vote for independence from the United Kingdom on September 18, they will be buying a one-way ticket […]

    September 14, 2014Editorial, PoliticalNo comments
  24. Eastern Caribbean countries gain from energy-focused alliance between Caribbean Development Bank, Inter-American Development Bank & Japan International Cooperation Agency (JICA)

    The Caribbean Development Bank, Japan International Cooperation Agency (JICA) and the Inter-American Development Bank (IDB) will be working closely to transform the energy landscape in the Eastern Caribbean. Together, the agencies will support the efforts of Eastern Caribbean States to tackle high energy costs and reduce dependence on fossil fuel-generated energy by diversifying its energy […]

    August 7, 2014Business, TechnologyNo comments
  25. Barbadian Insurance Company reaffirms hope for local economy while forging alliance with leading Department Store

    In the midst of a longstanding economic downturn lasting six years so far, two local conglomerates have pooled their resources to seek to make it easier for Barbadians to meet their financial obligations. Revealed at ICBL’s Training Room in the heart of Bridgetown… Cave Shepherd’s Card Facility in addition to accommodating users of Automotive Art, […]

    June 25, 2014BusinessNo comments