Category Archives: Business

Coronavirus: Vaccine tourism is both unethical and bad for business, experts say

Executives who engage in so-called “vaccine tourism” show both an ethical disregard for those less fortunate and a surprising lack of business acumen, experts argue. Their comments came after the head of Canada Pension Plan Investment Board, Mark Machin, stepped down after admitting to travelling to Dubai to receive a COVID-19 vaccine. “The reputational damage […]

STEM Guyana to distribute 1,000 lessons plans to COVID-stalled parents and children next week

STEM Guyana, the organization which dramatically raised the country’s technology profile by fielding teams that distinguished themselves at prestigious international robotics competitions in Washington and the United Arab Emirates, earlier this week told the Stabroek Business that it is preparing to distribute nearly 1000 lessons plans to parents & vulnerable students across the country. This […]

The state of TT’s energy sector

Business Newsday Thursday 18 February 2021 This file photo shows the installation of DeNovo’s Iguana platform with well services Rig 110 and heavy lift barge. There are many small gas pools on the east coast that are not economic for a BP or Shell, but may be more than suitable for smaller players like a […]

Nepotism can harm small firms, says Dr Smith

by Marlon Madden Small business operators are being warned against engaging in nepotism if they are serious about good governance and growth of their operations. This piece of advice was dished out to members of the Small Business Association (SBA) recently as the organisation held one of its members’ information webinar under the theme The […]

Building for our life outside the EU

THE UK has left the EU and there are new rules for doing business with Europe. CTS Projects, based in County Down and Dublin, has been looking into the changes ahead with the help of the UK Government website. The business provides facilities maintenance services for 30,000 homes and commercial properties across the Republic of […]

For Women in Economics, the Hostility Is Out in the Open

In response to those concerns, the American Economic Association commissioned a survey of more than 9,000 current and former members that asked about their experiences in the field. The results, released in 2019, revealed a disturbing number of cases of harassment and outright sexual assault. And it found that subtler forms of bias were rampant: […]

GameStop shares double after weeks of tumbles, even puzzling Reddit investors – National

Wall Street’s mania over GameStop is on again, at least for one afternoon. Shares in the troubled video game company more than doubled Wednesday to $91.71 apiece, the stock’s best day since Jan. 27, when it was going for $347.51 a share. A rally in GameStop has been rare since it fell back to earth early […]

Long road to full post COVID-19 recovery for poor countries – UNCTAD Report

Developing countries including territories in Latin America and the Caribbean are likely to find the pace of their post COVID-19 recovery significantly compromised notwithstanding the fact that during 2020, a full calendar year of the pandemic, they attracted a record share of global foreign direct investment, according to Investment Trends Monitor published by the United […]

Uncertainty over damages for unfair dismissals

Business Newsday Thursday 18 February 2021 The Industrial Court can assess damages for unfair termination on the basis of the principles of equity as contemplated by Section 10 of the Industrial Relations Act. FILE PHOTO – COURTNEY McNISH Section 10(5) of the Industrial Relations Act (IRA) provides the court with a wide range of powers […]

BPSA boss says uncertain times ahead

Having survived a tumultuous 2020, in which thousands of workers lost their jobs, and businesses closed, Barbadians are being put on notice that a most uncertain 2021 awaits them, as the island battles a wave of the COVID-19 pandemic. On Wednesday February 3, the country started a 15-day shut down until February 17, dubbed a […]