The retail prices of gasoline, diesel and kerosene have decreased, effective midnight Sunday, July 7.
The Central Bank of Barbados advises the public that the new regime for the foreign currency accounts will now take effect from August 2, 2019 and not July 1.
Antigua and Barbuda Prime Minister Gaston Browne Wednesday called for the establishment of a Caribbean bank that would allow the region to counteract the position of international banks regarding corresponding banking.
The New York based credit rating agency Moody’s has upgraded Barbados’ foreign and local currency issuer ratings to Caa1 from Caa3 – reversing a decade long trend of rating declines.
The International Monetary Fund (IMF) says while it welcomes the strengthening economic activity and the prospect of continued growth in the Bahamas, it is still concerned at the high unemployment rate, rising public debt and risks associated with external imbalances.
The world’s second largest stock market NASDAQ, has named Guyana as the fastest growing economy in the world.
The St. Kitts-based Eastern Caribbean Central Bank (ECCB) says it has recorded a net profit of EC$32.7 million (One EC dollar=US$0.37 cents) for the 2018-2019 financial year.
Residents and business owners in St. Lawrence Gap were pleasantly surprised recently, when Minister of Tourism and International Transport, Kerrie Symmonds, made an impromptu visit to the popular entertainment strip.
The Irish-owned telecommunications company, Digicel, has denied a statement by Prime Minister Gaston Browne that it was in discussions with the authorities to sell its operations there.
Over 30 retrenched workers from the Barbados Transport Board are currently undergoing training in the area of entrepreneurship, facilitated by the Trust Loan Unit.