Despite the instability of the market and heightened competition, the Insurance Corporation of Barbados Limited (ICBL) is showing a marked turnaround. In its first quarter consolidated financial statement recently published for the period ending March 31, ICBL recorded total comprehensive income of $2.95 million. This represented a significant improvement on the 2020 first-quarter position, when […]
Tag Archives: Barbados Business
A top hotel official has brushed off suggestions of fallout from UK tour operator Tradewinds cancelling its deal with two Barbadian hotels and accusing them of “medical apartheid” over a guest vaccine mandate. The development won’t harm the country’s tourism product as winter bookings continue to rise, Chairman of the Barbados Hotel and Tourism Association […]
Scotiabank has been named Barbados’ Best Consumer Digital Bank 2021 by Global Finance (New York), which regularly selects the top performers among banks and financial services and is a trusted standard of excellence for the global financial community. In commenting on the award, Suzette Armoogam-Shah managing director, Scotiabank Barbados indicated: “We’re excited that our progress […]
At-risk youth around the region will get more opportunities to upgrade their skills and find an outlet for their energies as the local YMCAs around the region step up their programmes despite the restrictions imposed by the Covid-19 pandemic. YMCA officials from six countries in the region recently came together to discuss their plans and […]
The decision not to have students return to the classroom for the upcoming school term is a major spoke in the wheel of privately-owned public service vehicle (PSV) sector operators. Roy Raphael, Chairman of the Alliance Owners of Public Transport (AOPT), told Barbados TODAY that currently on some routes the PSV operators were struggling to […]
Some retailers and manufacturers of school uniforms are expected to approach Government for assistance, over being left with possibly millions of dollars in inventory due to the decision not to have students return to the classroom for the upcoming school term. With uncertainty over when schools will re-open for face-to-face learning, the business people told […]
The United States is to impose a vaccine mandate on anyone who wants to be an immigrant, the holder of the so-called green card.From next month, the US Centres for Disease Control and Prevention (CDC) will require all age-appropriate applicants for US immigrant visa worldwide to be fully vaccinated against COVID-19 for immigrant visa consideration. […]
“Don’t be Basic Be Premium!” This catchphrase was reiterated by Ashley Phillips to the eighteen members of her Brand Strategy Bootcamp, which was held from August 26 to September 1, 2021, at the Island Inn Hotel. The Bootcamp which was hosted by Phillips’ company Bijou Media which is a Social Media Agency that offers brand […]
Public security and transnational crime-fighting in Barbados and other Caribbean states are in line for a major boost under the CariSECURE Citizen Security programme. On Tuesday, officials of the United States Agency for International Development (USAID) and the United Nations Development Programme (UNDP) joined forces with the Regional Security System (RSS) to officially launch the […]
One economist is warning of more tough times ahead for Barbadians. Kemar Stuart, Director of Business Development, Finance and Investment with Stuart & Perkins Caribbean, is sounding an alarm that Government may need to implement more fiscal rules in an effort to meet future debt obligations. What is more, Stuart said given the ongoing impacts […]