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Tag Archives: profit

  1. Virtual roadshow for UK companies

    Over 1000 companies in the UK have had the opportunity of enhancing their commercial growth in the Latin America and Caribbean regions by taking part in the annual Latin America and Caribbean Roadshow hosted by the UK Department of International Trade (DIT). For the first time this annual event has gone virtual with increased interest […]

    March 11, 2021Business, FeaturedNo comments
  2. Profit increase for Cable & Wireless in Barbados

    Bentley said CWC, who is known in most of the region as Flow, invested heavily with Barbados and now they’re seeking to see a gain on the outlay;- The CEO, who is scheduled to visit Barbados “in a couple weeks” also regretted outages caused as the merged entity’s networks were integrated;- CWC’s overall half year […]

    November 8, 2015Business, FeaturedNo comments
  3. ICBL Reports Strong Position at Half Year Mark – Shareholders Seeing Increased Returns

    Shareholders and customers of the Insurance Corporation of Barbados Limited (ICBL) can certainly feel confident that their financial investment is sound and policies soundly backed, according to the leading insurance company’s latest unaudited, half year financial statements. In its six month report for the period ended June 30, 2015, ICBL noted that it had seen […]

    September 24, 2015BusinessNo comments
  4. VAT YOU: What Sinckler DIDN’T say – Flying Fish and other items now are under Value Added Tax!

    ITEMS TAKEN OUT OF THE VAT FREE BASKET TARIFF    NUMBER TARIFF DESCRIPTION 19.01 Malt extract; food preparations of flour, groats, meal, starch or malt extract, not containing cocoa or containing less than 40% by weight of cocoa calculated on a totally defatted basis, not elsewhere specified or included; food preparations of goods of headings 04.01 […]

    June 16, 2015PoliticalNo comments
  5. BARBADOS AGENCY BECOMES A FULL FLEDGED BRANCH

    As of May 1st 2015, Brydens Insurance which hitherto operated as an insurance agency will become a fully operating branch of Tatil Insurance as the Company strives to deliver even better service to its customers. In explaining what this new status will mean for its customers, Ince explained that there will be very little change […]

    May 4, 2015BusinessNo comments
  6. Barbadian expert cites 7 Trinidad & Tobago Companies Identified For Export Thrust

    Seven companies from Trinidad and Tobago have been already identified as potential partners in the Global Business Innovation Corporation’s (GBIC) drive to move Caribbean products from regional distribution to supermarket shelves in North America. This development follows the launch of the Caribbean Food Business Innovation Revolution initiative at exporTT headquarters in Port of Spain… The […]

    February 1, 2015BusinessNo comments
  7. AFTER MANY CRAZY RUMORS OF A GAS SHORTAGE IN BARBADOS: DROP IN PETROLEUM PRICES

    Barbadians will soon be paying less for petroleum products. The price of diesel will move from $2.53 to $2.23 per litre; while kerosene will now be sold at $1.27 per litre, down from $1.53 BBD. Government has a mechanism in place to adjust petroleum prices in a more timely fashion, whereby prices will be regulated […]

    January 11, 2015BusinessNo comments
  8. HEALTH MINISTER JOHN BOYCE’S RENEGING ON FREE BARBADIAN HEALTHCARE IS MET WITH TACIT SUPPORT BY INSURANCE AGENCY

    Health Minister John Boyce made a statement not so long ago which drew the ire of quite a few Bajans, he indicated the days of free healthcare may be numbered and private plans may be the norm and not an exception. In launching the “Liberator Plus” policy at Collymore Rock this morning, Michael Austin – […]

    October 30, 2014HealthNo comments
  9. ‘Think about the Coconut Tree industry’ says CARDI’s Executive Director

    Thursday 24th September, 2014 brought the curtains down on the 2-day Regional Value Chain Workshop hosted at the Carlton Savannah, St Ann’s, Port of Spain, Trinidad and Tobago. In a brief Closing Ceremony, Dr. Arlington Chesney, CARDI’s Executive Director (at right) said ‘The discussions have been constructive, from a learning perspective’ and challenged participants to […]

    September 29, 2014Agriculture, FeaturedNo comments
  10. DIGICEL GROUP RECORDS 8% REVENUE GROWTH IN ITS FULL YEAR RESULTS

    Digicel Group – which operates in 30 markets throughout the Caribbean, El Salvador and the South Pacific – reported revenues of US$2.78 billion which represents an 8% year on year increase in revenues. EBITDA (earnings before interest, tax, depreciation and amortisation) was up 11% year on year to US$1.2 billion for the full year with […]

    June 30, 2013Business, TechnologyNo comments
  11. NEW CHAIRPERSON APPOINTED FOR LIGHT & POWER HOLDINGS

    Light & Power Holdings (LPH) has a new Executive Chairman, Sarah MacDonald, the President of Emera Caribbean who replaces Bob Hanf who held the post for the last year. This appointment followed immediately after the LPH Annual Meeting of Shareholders (AMS) at the Island Inn Hotel on June 11. MacDonald who was appointed President of […]

    June 16, 2013Business, TechnologyNo comments
  12. 17,000 employed at Ministry of Agriculture in DR – 1,500 in Chile

    The Ministry of Agriculture in the Dominican Republic has 17,000 employees on the payroll. In contrast, Chile has 1,500. A report in Hoy quotes criticism by Osmar Benitez, executive director of the Agribusiness Council (JAD) who says that while Chile exports US$10 billion a year in farm products, the Dominican Republic barely exports US$800 million. […]

    June 20, 2012BusinessNo comments