Commentary & Analysis

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Commentary & Analysis

Griffith calls it a day at BTMI

His decision to resign from the BTMI, an agency into which he breathed life and by extension played the key executive role in building the team that would see a tourism comeback after years of decline and stagnation will leave a void.
Commentary & Analysis

Two great deals in one week

The new agreement reduces by 26.3% the original debt and interest past due as well as accrued since October 1, 2019. Now at mid-year that investors’ group said it held about 55% of Barbados’ US$1.5 Billion worth of foreign debt, so that means that a 26.3% reduction is almost US$400 million.
Commentary & Analysis

The human face of bankruptcy

The occasion was a big meeting discussing bankruptcy and how to make it more palatable as a business option when things have gone south, and High Court Judge Jacqueline Cornelius seemed to feel the pain of those faced with the option.
Commentary & Analysis

Few shots fired in energy“revolution"

The question, she was wrestling with, said the prime minister, was whether the new cap would go to 100 megawatts or 200 megawatts. And on top of that, she added, the feed-in-tariff ought to apply not just for plants that are one megawatt and under, but for five megawatts and under, in order, she said, “to increase the democratization of the industry.”
Commentary & Analysis

With ASYCUDA World, Customs is "coming"

I’ve said before in this space that Trisha Tannis, the CEO of Courts operations in Barbados, has been a breath of fresh air (or something like that) since she took up the post of president of the BCCI recently.
Commentary & Analysis

Warrens has tranformed our approach to commerce

Modern-day Warrens developed probably because it became an important junction when the ABC Highway opened over 30 years ago (yes, it has been a long time in the making).
Commentary & Analysis

Pity the poor consumer

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.
Commentary & Analysis

Cash and debit cards still rule

Debit card usage grew in 2018, with almost ten million transactions totalling $1.2 Billion dollars.