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Bim escapes danger list

Barbados has escaped the list of a global security assessment firm, which identifies the most dangerous places in the world to do business. The latest 2014 Latin America Security Index cited Haiti as the only country in the Caribbean that is considered unsafe to conduct business. Stating that it was more dangerous to do business […]

Lacking trust

Chief executive officers (CEOs) around the world continue to have very little trust in some public sector agencies and major concerns regarding over-regulation and governments’ responses to fiscal deficits. And while CEOs are confident that the global economy will rebound over the next 12 months, they remain concerned about governments’ lack of response to priority […]

Inniss: Buy local spirits

Last year Barbados imported approximately $19.7 million in spirits and other alcoholic beverages, almost $4 million more than the previous year. And Minister of International Business, Industry, Commerce and Trade Donville Inniss wants that figure to be reduced. In fact, Inniss said it was imperative that rum shops and other sellers of the locally produced […]

Billions for grabs

Billions for grabs

There are billions of dollars up for grabs in trading opportunities at the upcoming Commonwealth Business Forum, slated for next week in Sri Lanka, just days from the Heads of Government meetings. And Barbados and the rest of the Caribbean have been told they need to “be at the table” to benefit. The advice came […]

Deal sealed

Deal sealed

  The near 400-room Almond Beach Village Resort in St Peter now has a new owner. Minister of Tourism Richard Sealy announced this afternoon that yesterday the shareholders agreed, at a meeting, to accept the Barbados Government’s bid offer to buy out the hotel, which closed its doors about a year and a half ago, […]

Almond Take Over

Almond Take Over

The way is now clear for the Barbados Government to buy over Almond Beach Village Resort in St.Peter. Yesterday, the shareholders agreed to the government’s bid offer to purchase the facility, which is expected to cost about US$55 million. This was revealed this afternoon during the signing at Hilton Barbados Resort, of two memoranda of […]

Byer-Suckoo and US talk jobs

Byer-Suckoo and US talk jobs

  Government’s efforts at maintaining job levels during the current financial crisis were among the issues discussed recently when Minister of labour Senator Dr Esther Byer- Suckoo met with the new Chief of Political and Economic Affairs at the US Embassy, Nicholle Manz, at the Warrens Office Complex recently. Senator Byer-Suckoo said Government was very […]

Tax fight

Tax fight

Minister Inniss promises to battle Canadians over Bim’s tax status

No cheats

Tax lawyer says negative reports on offshore tax markets are short on facts

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