Prime Minister Mia Mottley says the so-called cap, or maximum, capacity for renewable energy sales to the local power utility will be increased in due course as Barbados moves on with its plan to become less dependent of fossil fuel energy.
Now that the basic Asycuda World software has been implemented by the customs department, it will be expanded to automate every other section of customs now covered in the original launch of the system, says Owen Holder, the new Comptroller of Customs.
The Barbados Port will be waiving port storage fees on a case-by-case basis going back to Aug 24 where such fees have been occasioned by the Asycuda World software transition, BCCI President Trisha Tannis said on Tuesday.
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.
Barbados, which is working to rebuild its cruise ship business after a period of decline, received a boost in the UK market recently with the award of ‘Favourite Cruise Destination’, at the 2019 Cruise International’s British Cruise Awards.