Tag Archives: Barbados Business

Massy now cross-listed on JSE

Exactly five years after delisting from the Barbados Stock Exchange (BSE), Trinidad and Tobago-based conglomerate Massy has announced its cross listing on the Jamaica Stock Exchange (JSE), which was initiated on January 27, 2022. Massy Holdings Limited, which is trading under the symbol MASSY and is listed on the Trinidad and Tobago Stock Exchange, opened […]

Jamaican coffee export to get boost

An initiative designed to help boost coffee export from Jamaica to the European Union (EU) has been launched. During a recent high-level event, which celebrated a longstanding and fruitful partnership between the Caribbean Export Development Agency (Caribbean Export) and the Government of Jamaica, the initiative was introduced. Under this initiative, Caribbean Export will provide consultants […]

Moving towards enhancing renewable energy

Renewable energy has become more than a buzz word in Barbados over the last several years, with more individuals arming themselves with information and taking steps towards engaging in clean energy projects for their homes and businesses. Renewable energy start-up firm Goodridge Power Inc. is taking advantage of the growing demand for renewable energy systems, […]

Business community outlines priority areas for Govt to tackle

by Marlon Madden The increasing number of people going into isolation due to the COVID-19 virus is wreaking havoc on the local business community, which is now facing a continued reduction in productivity and diminished business activity as a result. At the same time, business operators are growing increasingly despondent having to battle a range […]

BL&P’s new power plant to bring relief

Barbados Light & Power Company (BLPC) customers can expect savings on their electricity bills as a result of lower electricity production costs when the company’s new 33 megawatt (MW) power generating facility is in full operation.In addition, customers can expect fewer outages with the operation of the modern and more reliable plant. The over $130 […]

US$2 million assistance for blockchain businesses

Barbadian Blockchain Company OneLedger Technology has launched a US$2 milion Ecosystem Bounty that supports ambitious and creative developers to build the next generation of applications. Drawing on the benefits of the OneLedger network, including fast transactions and low transaction costs, developers have a fertile environment in which to turn their ideas into the next blockbuster […]

#COVIDDispatch – Businessman reports more retail workers testing positive for COVID-19

While most Barbadians’ attention has shifted to the general election set for January 19 and the impact which the spread of COVID-19 will have on the ability of thousands of potential voters, a leading member of the business community is equally concerned about the sweeping implications of the latest surge of the virus, on the […]

Premium alcohol sales flourish despite COVID-19

by Marlon Madden As luxury travellers continue to make their way to Caribbean destinations and international travel rebounds, the sale and consumption of premium and extra-premium alcoholic beverages continue to soar. Andy Consuegra, Chief Executive Officer of WEBB Banks, a leading distributor of premium wines and spirits to Central America and the Caribbean, is reporting […]

Export Barbados assists breadfruit exporters

Export Barbados (BIDC) has come to the assistance of breadfruit exporters Shawn Holder of Holder’s Food & Exports and Erasmus Alfred of E&C Marketing. The two men recently revealed in the media that they were losing thousands of dollars because all the regular avenues to export breadfruits to their most lucrative market, England, had stopped. […]

BCCI renews commitment to renewable drive

by Marlon Madden The Barbados Chamber of Commerce and Industry (BCCI), through its Green Committee, is pledging continued support to the island’s efforts towards becoming 100 per cent reliant on renewable forms of energy by 2030. Andy Armstrong, Chairman of the BCCI Green Committee, renewed this commitment on Tuesday, as he indicated that the BCCI […]