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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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Barbados Attracts Foreign Companies Amid Global Trade Tensions
Bridgetown, Barbados – June, 2025 Barbados is increasingly drawing the attention of foreign companies seeking a stable, tariff-friendly environment amid rising global trade uncertainty. This trend was highlighted by Mark Hill, Chief Executive Officer of Export Barbados, during a recent panel discussion on Business Facilitation & Policy hosted by BIBA, the Association for Global Business. […]
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Business Barbados to Boost Investor Confidence, Says Invest Barbados CEO
Bridgetown, Barbados – June 2025 The launch of Business Barbados—the new entity responsible for corporate registrations, intellectual property management, and business facilitation—is expected to significantly strengthen the credibility of Invest Barbados’ message to global investors. This perspective was shared by Kaye Greenidge, Chief Executive Officer of Invest Barbados, during a recent Business Facilitation & Policy […]
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Businesses Urged to Comply as Amnesty Unlikely for Late Annual Returns
Bridgetown, Barbados – June 12, 2025 Companies in Barbados that have failed to file their annual returns are being reminded that they are unlikely to benefit from any form of amnesty, according to Business Barbados, the government’s newly established corporate registry, intellectual property office, and business facilitation agency. The issue of a possible amnesty for […]
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Business Barbados: A New Era of Business Facilitation
Bridgetown, Barbados – June 2025 Business Barbados has one simple yet inspiring goal: to make it easier to start, operate, and grow businesses in Barbados—whether they are domestic, regional, or global ventures. That was the clear message from Chairperson Connie Smith, who emphasised that while the agency evolved from the Corporate Affairs and Intellectual Property […]
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