The Caribbean Investment Holdings Limited says it is acquiring the Scotiabank Belize pending final regulatory approval.
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Business
Caribbean Airlines records over US$14 million in losses due to COVID-19
The state-owned carrier, Caribbean Airlines (CAL), has recorded a loss of more than US$14 million in just over a one month period.
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Government working to diversify economy
According to Prime Minister Mia Amor Mottley, government is working to create a platform for two new sub sectors – renewable energy and medicinal marijuana.
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Carilend going regional
Local financial technology company Carilend is expanding its operations into the region.
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Senate passes Severance Payment Amendment bill
Debate continued well into the night as senators dissected and discussed the Severance Payment Amendment Bill 2020.
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BOSS plan expanded
The Barbados Optional Savings Scheme has been expanded to include people who receive pensions from Government.
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Central Bank governors to discuss impact of COVID-19 on regional economies
The Central Bank of Barbados (CBB) says it will host a regional forum on March 25 to discuss the impact the coronavirus has on Caribbean economies.
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Private sector looking forward to reopening
Local employers are looking forward to a further reopening of the economy, to allow all remaining companies to resume business from Monday.
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New Revenue Commissioner Announced
The Barbados Revenue Authority today announced that Louisa Lewis-Ward has been named as the institution’s new Revenue Commissioner.
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Fears of second virus outbreak hit shares
Financial markets have tumbled amid fears that an uptick in coronavirus cases will hurt the economic recovery.
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