A top investment banker in Barbados expects the government bonds to grow in popularity with now that they are being traded on the local stock exchange, but at present, it's the Series F bonds which are most in demand.
The average consumer in Barbados spends just over 60 percent of his or her wages or salary on just three categories: food and drink; housing and utilities; and transport, says the Central Bank of Barbados.
The tourism sector was helped by having more airline capacity - seats on more scheduled flights or larger airplanes coming to Barbados - and events like the Barbados Reggae Festival and the English Cricket Tour.
In a full page ad taken out in the Weekend Nation of Aug. 9, the TCL Group, parent company of Arawak Cement Co. Ltd. in Barbados, said it disagreed with the ruling by the Caribbean Court of Justice on the rate to be charged on cement imported from outside the region.
Now that the government is doing everything it can to attract investment, especially in our tired hotel plant, we are coming face to face for the first time in many years with the issue for which there is no clear cut solution: Development versus preservation.