February 15, 2024
Senate passes $95 billion foreign aid package, but faces tough path in House
The Senate passed a $95 billion foreign aid bill for Ukraine, Israel, and Taiwan on Tuesday — with more than 20 Republicans defying former President Donald Trump, who fervently spoke out against the bill, which now faces an uncertain future in the…
February 13, 2024
CTO offers regional tourism leaders exclusive training in airline route development
The Barbados-based Caribbean Tourism Organization (CTO) says it will stage a landmark two-day training event focused on airline route development for regional tourism leaders. It said the February 20-21 event to be held at its headquarters will be…
February 12, 2024
Bajan Government defends introduction of concession legislation
Barbados Prime Minister Mia Mottley has defended the decision of her administration to table the Labour Clauses Concessions Bill, saying the government foregoes approximately BDS$750 million (One BDSS=US$0.50 cents) in revenue annually, as a result…
February 9, 2024
IDB approves funds for Barbados
The Inter-American Development Bank (IDB) says it has approved a US$100 million loan that allows Barbados to continue modernizing its policies, laws and regulations as it strives to achieve sustainable development. It said the operation is the third…
February 7, 2024
Barbados to table new energy supply legislation
The Barbados government says it will table new electricity supply legislation this year as it begins the process of creating a new macro framework that is legislated for a new look energy sector. Energy and Business Minister, Lisa Cummins, told the…
February 6, 2024
St. Lucia launches youth economy agency
The Barbados-based Caribbean Development Bank (CDB) Tuesday launched the St. Lucia Youth Economy Agency (YEA), marking a transformative leap towards youth empowerment and economic advancement. The project was launched in collaboration with the St.…
February 5, 2024
TNT Government optimistic that US sanctions against Venezuela will not affect gas and oil deal
The Trinidad and Tobago Friday remained optimistic that it will not be affected by a threat by the United States to reinstate sanctions on Venezuela’s oil sector, which is crucial to the economy of the South American country. The threat by…
January 30, 2024
IMF warns UK government against further tax cuts
The International Monetary Fund (IMF) has "advised the UK against further tax cuts", as it launched its latest assessment of the world economy.It said preserving public services and investment implied higher spending than was reflected in the…
January 29, 2024
Caribbean tax administrators to meet in St. Lucia
The annual general assembly and technical conference of the Caribbean Organization of Tax Administrators (COTA) is scheduled to take place here in July. The Director for Economic Policy and Development at the Guyana-based Caribbean Community…
January 23, 2024
IMF says Antigua and Barbuda’s economy is recovering
The executive directors of the International Monetary Fund (IMF) Tuesday said that Antigua and Barbuda’s economy continues to bounce back from the sharp contraction experienced during the COVID-19 pandemic. The executive, which concluded the Article…