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‘Blacklisting hurting development’

‘Blacklisting hurting development’

Government is being forced to sacrifice developmental projects in order to save the island’s international business reputation, a senior administration spokesman has revealed. Acting Minister of International Business Senator Jepter Ince said Monday night the international business and financial services sector was being threatened by “indiscriminate blacklisting” by international agencies, leaving Government with little option but […]

Muhammad Ali died from “septic shock”

Muhammad Ali died from “septic shock”

The Family of boxing legend Muhammad Ali has revealed that he died from “septic shock due to unspecified natural causes.” The three-time world heavyweight champion died on Friday night. He was 74. He had been suffering from a respiratory illness, a condition that was complicated by Parkinson’s disease. A public funeral will be held on […]

Inniss not losing any sleep over latest Panama Papers leak

Inniss not losing any sleep  over latest Panama Papers leak

Minister of International Business Donville Inniss says the Panama Papers leak was yet to reveal any wrongdoing on the part of players in the island’s international business sector. Inniss therefore wants to know “what’s the big deal”, following the release two days ago of a database detailing the names of people and companies. “Nothing thus far […]

OUR MISTAKE

OUR MISTAKE

Italy today admitted that it made “an unfortunate mistake” when it placed Barbados on a blacklist of non-cooperative tax jurisdictions. The admission came following the signing of a Double Taxation Agreement (DTA) between Barbados and Italy at the Ministry of International Business at the Baobab Tower in Warrens, St Michael. “The blacklist . . . […]

NO WOLVES

NO WOLVES

Minister of Finance Chris Sinckler has made a strong plea to rich countries not to abandon struggling and highly indebted Caribbean states to the “wolves” of international financial capital systems. In an address today at the opening of the Latin American and Caribbean (LAC) Debt Group’s 11th Annual Debt Management Specialists meeting at the Hilton […]

Inniss in search of Colombian business

Minister of Industry, International Business, Commerce and Small Business, Donville Inniss was headed to Colombia this week in search of new investment opportunities for Barbados. While Inniss would not say when he would leave, he said he planned to engage his counterparts in Bogota on ways to expand Barbados’ investment potential in that Central American […]

Barbados elected as vice chair of OECD global forum

Barbados has been elected to serve as a member and vice chair of the Steering Committee of the Organization For Economic Cooperation And Development (OECD) Global Forum. Word of this has come from Minister of Industry, International Business, Commerce and Small Business Development, Donville Inniss, who attended the Seventh Annual Meeting Of The OECD Global […]

International business sector safe

International business sector safe

There is no exodus of businesses from Barbados. Furthermore, the future of the international business sector is secure. This assurance has come from president of the Barbados International Business Association (BIBA) Connie Smith, who said today there was confidence in the sector despite the economic uncertainty or “continued name bashing” globally. “We are not seeing […]

Barbados tops Canada’s international revenue rankings

Barbados is Canada’s number one source of revenue from international financial centres worldwide and its third largest jurisdiction for total foreign direct investment. Those findings, contained in a new Canadian-based scientific study, were presented this morning to a World Forum On International Financial Centres In A Borderless Digital Environment at the Hilton Barbados Resort. Associate […]

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