CEO stresses need to balance economic growth with sustainability in developing oil and gas sector

February 24, 2023 A continuously growing oil and gas industry among Caribbean countries could augur well for local economies and the region as a whole, said the top executive of…

IMF Staff Concludes Visit to Barbados

February 17, 2023 An International Monetary Fund (IMF) team led by Pablo Morra visited Bridgetown between February 13-16, 2023. The team discussed the implementation of Barbados’ updated Economic Recovery and…

Effective Legal Frameworks for Building the Digital Economy

By: Staff Writer February 14, 2023 The Caribbean Telecommunications Union (CTU), in collaboration with the Commonwealth Secretariat, hosted a training workshop ‘Effective Legal Frameworks for Building the Digital Economy’ in…

2022 Trend Resumes: Foreign Employers Again Look To Caribbean To Recruit

February 10, 2023 It’s only two months into the new year, and global economies are preparing for a possible turndown if a recession hits. Yet, foreign employers continue recruiting workers…

Speakeasy Co. and Sorel Liqueur Announce Their Partnership in eCommerce and Digital Marketing

February 7, 2023 As of November 2022, Sorel Liqueur (Sorel), the most highly awarded liqueur in the US, launched an online storefront through its partnership with Speakeasy Co. (Speakeasy), one of the leading and most…

Positive Outlook for Barbados

December 16, 2022 Caribbean Information and Credit Rating Services Limited (CariCRIS) has reaffirmed the regional scale ratings to the Government of Barbados (GOB) of CariBB (Local Currency) and CariBB- (Foreign…

Hot new Barbadian internet radio station tops 2.1M shares!

By: Staff Writer November 8, 2022 A popular Barbadian DJ teamed up with his fiancé to create a new and fast growing internet radio station that is quickly catching the…

BARBADOS SIGNS UP FOR IMF’s RESILIENCE AND SUSTAINABILITY TRUST (RST) PROGRAM, WITH AN ACCOMPANYING EXTENDED FUND FACILITY

By: Kimberly Ramkhalawan kramkhalawan@caribmagplus.com September 30, 2022 Fresh from her high-level talks at the United Nation’s, Barbados Prime Minister is sticking to her guns in getting the financing she says…

BARBADOS ANNOUNCES OFFSHORE BID ROUND COME DECEMBER 1ST

By: Kimberly Ramkhalawan kramkhalawan@caribmagplus.com September 30, 2022 Barbados will open its Offshore Licensing Bid Round on December 1st, 2022.  Foreign Trade and Business Minister, Sandra Husbands, disclosed the statement earlier…

IDB Invest and IFC Partner with HDF Energy and Rubis to Develop First Green Hydrogen Power Plant in Barbados

September 30, 2022 This project aims to provide electricity to 16,000 homes at a competitive tariff in Barbados, helping reduce emissions and add firm generation capacity through domestic and abundant…

IMF Reaches Staff-Level Agreement with Barbados for a Resilience and Sustainability Trust (RST) program, with an accompanying Extended Fund Facility (EFF)

September 30, 2022 Barbados is the first country to reach a staff-level agreement to access the IMF’s Resilience and Sustainability Trust (RST), which aims to provide affordable, long-term financing to…

Mottley going back to IMF is “worrying.” 

By; Staff Writer September 16, 2022 Democratic Labour Party president Dr Ronnie Yearwood says that Barbados going into another International Monetary Fund (IMF) programme is “worrying,” and further asserts that…