Tag Archives: Barbados

Divorce art auction raises millions – NationNews Barbados — nationnews.com

Posted on November 16, 2021 Posted on November 16, 2021 Paintings and sculptures by famous artists including Andy Warhol and Jackson Pollock have sold at auction in New York. The collection raised more than $676 million (£503m) at auction on Monday. The 35 pieces belonged to real estate mogul Harry Macklowe and his former wife […]

Bring back value added to sugar, say rum producers

by Marlon Madden Some of those who benefit from sugarcane production here are calling for ramped up efforts on the part of authorities to restructure the sugarcane industry and allow the island to start earning premium income from more value-added products. Top rum producers in Barbados agreed that while they were no experts on the […]

Business trio launch new rum experience

by Marlon Madden A new avenue has been opened up for the sharing of the experience and the stories behind the world-renowned rums of Barbados. A group of individuals – Gayle Seale, marketing executive Christian Seale, mixologist Jamaal Bowen and chef and bartender Thaddeus Sealy – have joined forces to create The Barbados Rum Experience […]

Study: Renewable NRG jobs reach 12 million last year

Jobs in the renewable energy sector grew last year, albeit at a slower rate than in 2019. A new report said that globally, jobs in that sector reached some 12 million last year, up from 11.5 million in 2019. This was contained in the eighth edition of Renewable Energy and Jobs: Annual Review 2021, which […]

Captive insurance buyout – Barbados Today

An acquisition has taken place in the expanding captive insurance market in Barbados. MCaptive International, a publication dedicated to the global news about the captive market, reported that SRS, the world’s largest independent insurance company manager, had bought Barbados-registered segregated cell company Global Re SCC. Established in 2004 with a Class 1 licence, Global Re […]

Tourism officials’ verdict on business travel

by Marlon Madden Some regional tourism officials are predicting a recovery of the sector by 2023 with a slow but steady growth in business travel. President of Paulson Puerto Rico Hotels Peter Hopgood said while experts did not expect business travel to go back to 2019 levels just yet, it has been showing signs of […]

Free zone coming to Barbados

Barbados will soon have laws that allow for the establishment of a free zone on the island. Prime Minister Mia Mottley recently gave this indication as she pointed to the need for greater direct foreign investment in a range of industries and sectors in the Barbados economy. “The Government will shortly bring to Parliament, legislation […]

Some revenue risks to the region, IDB warns

As some regional Governments seek to transition to carbon-neutral economies by 2030, an Inter-American Development Bank (IDB) publication is urging countries to put measures in place to mitigate some economic risks that will accompany the move. In a recent IDB paper titled Fiscal Policy and Climate Change, the multilateral financial institution spoke to many of the […]

Dottin century fires West Indies to easy win in opener

SOURCE: CMC- Dashing opener Deandra Dottin stroked a career-best second One-Day International hundred but first in four years as West Indies Women whipped Pakistan Women by 45 runs to snatch the lead in their three-match series here Monday. Sent in at the National Stadium, West Indies piled up 253 for eight off their 50 overs […]