World Bank Approves US$100 Million for Barbados’ Green and Resilient Recovery
Bridgetown, Barbados, January 12, 2023 — The World Bank approved yesterday US$100 million in financing to support Barbados’ low carbon economic development and resilience to climate change. “I cannot underscore enough the necessity of support, such as this, to middle income small island developing states,” said The Honorable Mia Mottley, Prime Minister of Barbados. “This loan allows Barbados […]
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Barbados’ new banknotes are now in circulation
Bridgetown, Barbados, December 5, 2022 – Barbados’ new series of banknotes are in circulation from today. The Central Bank of Barbados first announced the new series in April this year. At the time, it revealed that in addition to getting a design overhaul, the new notes would be made of polymer rather than the traditional […]
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BIBA welcomes a new President and Board of directors
The Barbados International Business Association, (trading as BIBA, the Association for Global Business) has welcomed a new President and Board of directors to lead the organisation over the coming year. At its virtual Annual General Meeting held June 29, a new 12-member board was elected and Jamar Arthur-Selman, General Manager of Centralis (Barbados) Ltd. was […]
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Barbados Stock Exchange (BSE) Signs Master Agreement with Blockstation to Introduce Digital Asset Trading
May 15, 2022 – The BSE set to become one of the first regulated exchanges to list Tokenized IPOs. Toronto, Canada and St. Michael, Barbados, May 12, 2022 – The Barbados Stock Exchange (BSE) is pleased to announce the signing of a Master Agreement with Blockstation, a leading Canadian FinTech, to launch a new blockchain-driven […]
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BIBA Fintech webinar explores economic potential
May 10, 2022 – As Barbados grapples with how to solve the fallout from the correspondent banking retreat from Latin America and the Caribbean, a fix could be found in the adoption of cryptocurrencies and blockchain technology. This was among the strategies advanced by Jerome Dwight, a top North American technology industry executive, investor, and […]
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IMF Staff Concludes Virtual Visit to Barbados
At the request of the Government of Barbados, an International Monetary Fund (IMF) team led by Bert van Selm conducted a staff visit via videoconferencing from February 7-11, 2022. During the visit, the team discussed the implementation of Barbados’ Economic Recovery and Transformation (BERT) plan, supported by the IMF under the Extended Fund Facility (EFF). […]
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BIBA ‘monitoring’ impact of 15 per cent global tax rate
It is still too early to tell how much Barbados will be affected by the decision by the majority of the world’s nations to enforce a corporate tax rate of at least 15 per cent, a spokesperson for the offshore business community said Monday. Carmel Haynes, Executive Director of BIBA, the Association for Global Business, […]
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