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Hotels get $12 million in concessions

Hotels get $12 million in concessions

Government has granted nearly $12 million in concessions to 40 hoteliers since 2015, Minster of Tourism Richard Sealy Monday announced. In a one-hour-and-45-minute presentation at the Lloyd Erskine Sandiford Centre Monday morning, Sealy told journalists and tourism industry officials it was always Government’s intention to ensure the “right concessions regime” was in place to “encourage hotels to […]

It’s unfair!

It’s unfair!

Give us duty-free concessions too! This was the cry of prominent businessman Sir Charles Williams as he addressed the launch of his multi-million dollar Apes…

Economy will stutter this year, says CDB

Economy will stutter this year, says CDB

Barbados is among seven of the 19 borrowing members countries (BMCs) of the Caribbean Development Bank (CDB) expected to record economic growth of less than…

Bajans to have their say on BNTCL sale

Bajans to have their say on BNTCL sale

Barbadians are to have a say in the decision on the proposed sale of the state-owned Barbados National Terminal Company Limited (BNTCL) to regional petroleum…

BWA to access multi-million dollar loan from CDB soon

BWA to access multi-million dollar loan from CDB soon

The Barbados Water Authority (BWA) is one step closer to accessing funds from the US$39.5 million loan facility approved by the Caribbean Development Bank (CDB)…





Devaluation won’t work, warns economist

Devaluation won’t work, warns economist

The stability of the Barbados dollar continues to be an issue of concern for economists, who worry the…

Act now!

Act now!

The Caribbean Development Bank (CDB) has a chilling message for the Freundel Stuart administration: delay further action to…

More females starting their own businesses

More females starting their own businesses

With the rate of unemployment on the rise, the Barbados Youth Business Trust (BYBT) says there is a…

Not so rosy

Not so rosy

Valentine’s Day shopping is not as rosy this year as it was at this time last year, according…

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