BusinessBarbados.com - Recent News

Agro-processing critical to the expansion of agriculture.

Thu, 29 Jul 2010 12:00:00 GMT

In many parts of the world agro-processing is seen as critical to the expansion and diversification of the agricultural industry. Adding value to primary commodities can make a significant contribution to the transformation of the agricultural sector and to national development in general. Setting up vertically integrated production ,processing and marketing systems can reduce gluts, scarcities and post harvest losses while expanding the market for primary agricultural products.

Uncertain global economy

Thu, 29 Jul 2010 12:00:00 GMT

DR WARREN JESTIN, senior vice-president and chief economist at Scotia Economics of Scotiabank in Canada, says the global economy would be characterised by uncertainty over the next ten years.

US dollar will stay on top

Thu, 29 Jul 2010 12:00:00 GMT

MORE CASH IN emerging economies and widening deficit in the United States economy could weaken the American dollar, but it will still remain the most dominant world currency.

Chefette defying odds

Thu, 29 Jul 2010 12:00:00 GMT

CHEFETTE RESTAURANTS will continue to increase staff count and wages despite the downturn in the economy. Ryan Haloute, managing director of Chefette Restaurants Limited, disclosed this to the DAILY NATION yesterday, prior to the official opening of restaurant No.14 at Black Rock, St Michael.

Sandy Lane gives back

Thu, 29 Jul 2010 12:00:00 GMT

Sandy Lane HOTEL staff and their children who recently sat the Common Entrance Examination were honoured last Friday when the hotel hosted its quarterly awards. Under the theme Recognising And Rewarding Excellence, the hotel's management held its 2010 employee recognition celebration and awards for the second quarter.

New doors to Future Centre

Thu, 29 Jul 2010 12:00:00 GMT

A CHANGE for the future. This is how the opening of the new Future Centre Trust (FCT) Resource Centre at Edgehill, St Thomas, has been described by chairman Vivian-Anne Gittens. Speaking on Tuesday evening as the FCT threw open its new, but smaller doors at Edgehill,Gittens who is also the publisher and chief executive officer of the Nation Publishing Company, said the facility was a redesign of direction and should augur a "new phase in the realm of environmental education in Barbados".

Sagicor Financial the volume leader

Thu, 29 Jul 2010 12:00:00 GMT

Trading activity yesterday saw 22,889 shares valued at $210,815.80 crossing the floor of the stock exchange. Sagicor Financial Corporation was the volume leader with a volume of 21,489 shares and value of $194,497.65, followed by Guardian Holdings Ltd with a volume of 471 shares being traded for $5,887.50, while GraceKennedy Ltd contributed 394 shares with a value of $1,477.50 and FirstCaribbean International Bank Ltd contributed 365 shares valued at $2,887.15.

Growth is Jamaica's priority, Shaw tells UK bankers

Thu, 29 Jul 2010 12:00:00 GMT

Finance Minister Audley Shaw says the Government of Jamaica will be pushing hard to achieve healthy economic growth during the current financial year, now that the country has achieved macro-economic stability.

Tourism sector gets 10% duty waiver on refurbishing material

Thu, 29 Jul 2010 12:00:00 GMT

HOTELIERS and other players in the tourism sector are set to benefit from a 10 per cent duty waiver on the importation of material that will be used to refurbish their facilities, under a new programme called the Tourism Industry Refurbishing Programme (TIRP).

Cuba weighs expanding small private businesses

Thu, 29 Jul 2010 12:00:00 GMT

Cuba's lawmakers on Wednesday mulled legalizing more small private businesses, perhaps expanding a limited program to include farm and food industries in the economically struggling communist nation, state media said.