Business

Mottley announces new BERT programme Prime Minister Mia Amor Mottley announced a new financial plan for the next four years in the House of Assembly on Tuesday. The Resolution, titled the Barbados Economic Recovery and Transformation (BERT) Plan 2022: Fiscal Year 2022/23-Fiscal Year 2026/27, is the successor to the Barbados Economic Recovery and Transformation Plan 2018 (BERT 2018). The document’s […More]

Jamaica Thanks Japan for Support to Coffee Industry Minister of Agriculture and Fisheries, Hon. Pearnel Charles Jr., has hailed Japan for almost 70 years of support to Jamaica’s coffee industry. In the early 1960s, the Ueshima Coffee Company (UCC) became the first Japanese company to import coffee directly from Jamaica. “We, therefore, want to say a big thank you to […More]

T&T to host first Caribbean Investment Forum T&T will host the inaugural Caribbean Investment Forum (CIF) in November that is expected to attract hundreds of businesses and investors from across the world. Billed as the “largest gathering of businesses since Covid-19” in the region, CIF 2022 is being hosted by the Barbados-based Caribbean Export Development Agency (Caribbean Export) in collaboration […More]

Breaking News Today 5/19/22 Existing home sales slide for third straight month. Housing activity tumbled for the third straight month in April, as soaring borrowing costs weighed on would-be buyers. Existing home sales fell to a seasonally adjusted 5.61 million units in April from a month earlier, according to the National Association of Realtors (NAR). That was down 2.4% from March […More]

CARIBBEAN EXPORT HELPING REGIONAL BUSINESSES REBOOT AND RECOVER Caribbean Export Development Agency Launches Annual Results Report BARBADOS (May 6, 2022) – The Caribbean Export Development Agency is playing a key role in helping regional small businesses emerge from the economic onslaught of the COVID-19 pandemic by preparing them for the export market. Delivering a video message at the launch of […More]

Guyana’s govt hoping to develop hemp industry Georgetown – President Mohamed Irfaan Ali, says he is optimistic that Guyana can develop a viable hemp industry by exploiting and capitalizing on the value-added aspects of the plant. Speaking at the recent opening of the Police Officers’ Conference, President Ali said government will be moving in this direction. “The hemp industry is […More]

Rents reach ‘insane’ levels across US with no end in sight Krystal Guerra’s Miami apartment has a tiny kitchen, cracked tiles, warped cabinets, no dishwasher and hardly any storage space. But Guerra was fine with the apartment’s shortcomings. It was all part of being a 32-year-old graduate student in South Florida, she reasoned, and she was happy to live there […More]

TRUMP COMPANY ACCUSED OF FRAUD New York AG says Trump’s company misled banks, tax officials NEW YORK (AP) — The New York attorney general says her investigators have uncovered evidence that former President Donald Trump’s company used “fraudulent or misleading” valuations of its golf clubs, skyscrapers and other property to get loans and tax benefits. In a court filing late […More]

Bad news for home buyers: Mortgage rates have soared to their highest levels since March 2020 By Jacob Passy Investors are pulling interest rates higher, which threatens to push would-be buyers out of the housing market Interest rates are surging on the heels of data showing a concerning outlook for inflation — and home buyers are set to pay the price. […More]

PM ROWLEY SAYS THAT PUBLIC SERVICE WORKERS MUST BE VACCINATED PM: Government workers required to be vaccinated from mid-January From mid-January, government workplaces will require vaccinated workers. Prime Minister Dr Keith Rowley made the announcement at a media conference at the Diplomatic Centre, St Ann’s on Saturday. He said: “It is the intention of the government, come mid-January, to insist […More]