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CDB President calls for removal of barriers to private sector growth at BIBA summit
The region’s leading development banker has underscored that unlocking the full potential of the Caribbean’s private sector depends on the deliberate removal of barriers that restrict access to capital. Addressing delegates at the Global Business Conference, hosted by BIBA, the Association for Global Business, at the Wyndham Grand Barbados Sam Lord’s Castle, President of the […]
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Government to restart digital ID card education campaign
Digital trust is the foundation for transforming Barbados into a modern, inclusive and resilient smart nation and the establishment of a new Barbados Identity Ecosystem will enable secure seamless transactions for people and businesses. This message from Minister of Innovation, Industry, Science and Technology, Jonathan Reid, came as he delivered his keynote address on day […]
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Education chief pushes new literacy strategy at BIBA Secondary Schools Symposium
Barbados’ Chief Education Officer has outlined a series of bold steps the Government is undertaking to restore the island’s near-perfect literacy rate and propel centres of excellence throughout the school system. Dr. Ramona Archer-Bradshaw made the announcement while addressing senior secondary school students, teachers, and their peers from the Barbados Community College. The occasion was […]
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Barbados Sets Sights on No. 1 Spot in Global Captive Insurance
Bridgetown, Barbados – October 1st, 2025 Barbados’ position among the world’s top ten captive insurance domiciles is not good enough, according to Minister of Energy and Business, Senator Lisa Cummins, who says the government is targeting the number one spot. Speaking at the Media Launch of Global Business Week 2025 (GBW 2025) on September 30—hosted […]
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Panama Eyes $20 Billion Economic Expansion, Invites Barbados to Join in the Boom
Panama is poised to receive more than US$20 billion in new investment over the next year, centred around the Panama Canal, with several other major development projects also on the horizon. The country’s Minister of Foreign Affairs, Javier Martínez-Acha Vásquez, has extended an invitation for Barbados to become part of this transformative growth phase. Martínez-Acha […]
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Barbados International Business Association’s New Board of Directors Supports Private Sector Push for Crime Interventions
Press Release Bridgetown, Barbados, June 25, 2025 – The President of BIBA, the Association for Global Business, Mr. Marlon Yarde, has commended the Government of Barbados for initiating a “frank, solution-focused dialogue on a multi-sectoral commitment to a whole-of-country response to the sharp and deeply concerning 56% increase in violent crime for 2025 thus far”. […]
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FSC to Issue New Update for Insurers Covering Foreign Risks
Bridgetown, Barbados – June 2025 The Financial Services Commission (FSC) will soon issue a bulletin and accompanying information circular aimed at clarifying reporting requirements for Barbados-registered insurance companies that underwrite risks outside the country. This commitment was made by Jonathan Alleyne, Regulatory Manager at the FSC, during the Global Industry Update Virtual Seminar hosted recently […]
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“Time Is Running Out”: Expert Sounds Warning on AML Readiness
Bridgetown, Barbados – June 18, 2025 A leading global expert on regulatory compliance is urging Barbados’ public and private sectors to work together and approach the upcoming Caribbean Financial Action Task Force (CFATF) mutual evaluation with urgency and seriousness. The warning comes from Calvin Wilson, a former longtime Executive Director of the CFATF and now […]
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IDB Economist: Barbados’ Financial Sector Stable but Global Risks Exists
Bridgetown, Barbados – June 2025 Barbados’ financial sector has emerged from the turbulence of the COVID-19 pandemic profitable and resilient, but an economist at the Inter-American Development Bank (IDB) has cautioned that global economic headwinds still pose potential risks to the island’s positive economic outlook. Speaking at the 2025 Global Industry Update Virtual Seminar hosted […]
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Government to Launch Business Facilitation Council to Cut Red Tape
Bridgetown, Barbados – June 2025 As part of a sweeping initiative to overhaul how business is conducted in Barbados, the Government has announced plans to establish a Business Facilitation Council — a collaborative body designed to streamline regulatory processes and eliminate the bureaucracy that has long hampered investment and business expansion. The announcement comes on […]
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