BusinessBarbados.com - News From Government

Economic Affairs Website

Wed, 12 May 2010 12:00:00 GMT

Students, researchers and academics can now access key documents produced by the Economic Affairs Division of the Ministry of Economic Affairs, Empowerment, Trade, Industry and Commerce, at the click of the mouse. By logging on to http://www.economicaffairs.gov.bb/, the public can examine publications, such as the Medium-Term Fiscal Strategy and the Medium Term Development Framework.

Barbados Expanding IB Treaty Network

Thu, 01 Apr 2010 12:00:00 GMT

Barbados is enhancing its reputation as a modern international business and financial services domicile, through the continued expansion of its treaty network. Speaking at a recent signing of the Barbados-Luxembourg Double Taxation Agreement (DTA) in London, Minister of International Business and International Transport, George Hutson, expressed satisfaction at the agreement, which he said signified the understanding reached by the two countries concerning the avoidance of double taxation and prevention of fiscal evasion with respect to taxes on income and capital.

Presentation By PM Thomson At The Public-Private Sector National Consultation On The Economy

Tue, 02 Mar 2010 12:00:00 GMT

I put myself this morning in your position and I ask myself "what would have motivated me to come out to this consultation this morning?" And what is it you would like to leave here having heard or having been reassured about? I suspect when all the generalizations are over and we come down to the nitty-gritty, you each want to know, or be reassured, that Barbados will emerge from the current global economic crisis with all its ‘fiscal faculties' intact and that new and exciting economic and developmental opportunities will abound.

Agrofest Still A Must Amid Recession

Fri, 26 Feb 2010 12:00:00 GMT

That is according to Agrofest coordinator, Theo Fraser, who disclosed that although two regular sponsors were lost due to the existing economic downturn, another major one was added and most of their seasoned financiers have stayed on board and in some cases increased the value of their contribution to the exhibition.

Barbados And China Sign Protocol To DTA

Thu, 11 Feb 2010 12:00:00 GMT

Relations between Barbados and the People's Republic of China are expected to be enhanced, and new business opportunities created, with the signing of a Protocol to the existing Double Taxation Agreement (DTA) between the two countries.

Stakeholders Meeting for ICCTwenty20 Tournament

Thu, 11 Feb 2010 12:00:00 GMT

Representatives from the key agencies involved in staging the upcoming International Cricket Council's Twenty20 Cricket competition, met last Saturday at Kensington Oval to streamline plans for the Barbados leg of the tournament.

Bigger Agrofest For 2010

Tue, 02 Feb 2010 12:00:00 GMT

Barbadians and visitors to the island can look forward to a bigger Agrofest this year. That is according to Agrofest coordinator, Thedore Fraser, who said that there will be a new attraction to the agricultural extravaganza. Citing the inclusion of an expanded bird show, Mr. Fraser noted that that aspect would return to its original venue at the Queen's Park Steel Shed.

PM Thompson Has High Hopes For Sports Tourism

Tue, 02 Feb 2010 12:00:00 GMT

Prime Minister David Thompson has expressed the hope that revenues generated from sports tourism would "soon surpass those from the sun-sea-sand product that is currently under severe pressure from lower cost destinations".

Study On The Sports Tourism Industry In The Works

Mon, 18 Jan 2010 12:00:00 GMT

The Ministry of Tourism will be undertaking a study on the link between sports and tourism to assist technocrats in formulating the requisite policies, to drive this niche area forward.

Innovation Competition Finalists Named

Mon, 18 Jan 2010 12:00:00 GMT

Judges have completed their evaluation of the 20 semi-finalists' projects in the National Innovation Competition and have announced the names of the five finalists who will vie for the top cash prize of $75 000, come March.