by Marlon Madden Barbados remains under increased monitoring by the Financial Action Task Force (FATF) as the island continues to put measures in place to combat money laundering. Late last week, the FATF noted that while Barbados had taken steps towards improving its anti-money laundering (AML) and countering the financing of terrorism (CFT) regime, there […]
Tag Archives: Barbados
SOURCE: Al Jazeera – South Africa’s former cricket captain Quinton de Kock opted out of South Africa’s Twenty20 World Cup match against the West Indies on Tuesday “for personal reasons” as the country’s cricket board ordered players to take the knee ahead of the game. Skipper Temba Bavuma said de Kock made himself unavailable due […]
SOURCE: BBC SPORT- Liverpool humiliated Manchester United and their under-pressure manager Ole Gunnar Solskjaer as they handed out a thrashing in front of a stunned Old Trafford. On a day of acute embarrassment for United and Solskjaer, 10 years and one day since they lost 6-1 at home to Manchester City, Liverpool emphasised the vast […]
A ruthless bowling performance saw England get their ICC Men’s T20 World Cup 2021 campaign off to a perfect start as they defeated the West Indies by six wickets in Dubai. The rematch between the 2016 finalists was eagerly anticipated but proved almost as one-sided as that famous occasion in Kolkata had been dramatic, with […]
by Marlon Madden The Caribbean Tourism Organisation (CTO) and the Caribbean Hotel and Tourism Association (CHTA) are promising to ramp up marketing efforts to woo more visitors to the region in coming months. Acting Secretary General of the CTO Neil Walters said his organisation was in the process of “creating tools” to help the region’s […]
by Marlon Madden The Caribbean Hotel and Tourism Association (CHTA) is projecting a steep drop of about 60 per cent in income for this year, compared to 2019 figures. Presenting the Treasurer’s report recently during the CHTA annual general meeting, James Hepple said the organisation was projecting income to fall from US$1.958 million to just […]
by Marlon Madden Barbados’ oldest rum producer, Mount GayDistilleries Ltd., has added to its limited edition master blender collection. Master Blender with the company Trudiann Branker recently introduced the Andean Oak Cask rum, which has been aged for 14 years. She told Today’s BUSINESS that the inspiration for her latest master blend came out of […]
by Marlon Madden Micro-lending institutions are being encouraged to put robust measures in place to keep fraud at bay. While these institutions do not pose a threat to the financial system, officials say they see no reason they should not be regulated similar to banks and credit unions. Microlenders are usually made up of a […]
The Inter-American Development Bank (IDB) and Mastercard have signed a memorandum of understanding formalising the IDB’s participation in City Possible network, which is pioneered by Mastercard. The IDB is the first multilateral to join the programme, which brings cities, companies, and communities together to identify common challenges and co-develop solutions that advance inclusive and sustainable […]
After five years at the helm of the Barbados Coalition of Services Industry (BCSI), Graham Clarke has called it quits with that organsation. Clarke, who served as the Executive Director of the BCSI for the past five years, spent his last day with the organisation on Friday, October 15. In a statement announcing his departure, […]