Press Releases

  • No corporate flight since tax increase, says BIBA President

    The immediate exodus of global companies from Barbados following the increase in corporate tax to nine per cent appears not to have materialised, according to president of BIBA, the Association for Global Business, Marlon Yarde. The higher corporation tax rate took effect on January 1, 2024, replacing the previous regime of 5 per cent. Nearly […]

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  • Central Bank Governor challenges Barbados’s global business sector to deepen economic impact

    Governor of the Central Bank of Barbados, Dr. Kevin Greenidge, has challenged the island’s global business sector to play a larger role in strengthening Barbados’ economic resilience by expanding opportunities to earn foreign exchange while reducing the leakage of vital foreign currency. Delivering the keynote address at the BIBA 2026 Economic Outlook Luncheon Seminar, hosted […]

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  • BRIM 2026 positions Barbados at the forefront of global risk strategy

    Despite its small geographic footprint, Barbados continues to exert an outsized influence on global insurance and risk management thinking, according to Marlon Yarde, President of BIBA, the Association for Global Business. Yarde was speaking at the launch of the Barbados Risk & Insurance Management Conference 2026 (BRIM 2026), which is scheduled for March 26 and […]

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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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