February 7, 2023 As of November 2022, Sorel Liqueur (Sorel), the most highly awarded liqueur in the US, launched an online storefront through its partnership with Speakeasy Co. (Speakeasy), one of the leading and most…
Category: BARBADOS
Positive Outlook for Barbados
December 16, 2022 Caribbean Information and Credit Rating Services Limited (CariCRIS) has reaffirmed the regional scale ratings to the Government of Barbados (GOB) of CariBB (Local Currency) and CariBB- (Foreign…
Hot new Barbadian internet radio station tops 2.1M shares!
By: Staff Writer November 8, 2022 A popular Barbadian DJ teamed up with his fiancé to create a new and fast growing internet radio station that is quickly catching the…
BARBADOS SIGNS UP FOR IMF’s RESILIENCE AND SUSTAINABILITY TRUST (RST) PROGRAM, WITH AN ACCOMPANYING EXTENDED FUND FACILITY
By: Kimberly Ramkhalawan kramkhalawan@caribmagplus.com September 30, 2022 Fresh from her high-level talks at the United Nation’s, Barbados Prime Minister is sticking to her guns in getting the financing she says…
BARBADOS ANNOUNCES OFFSHORE BID ROUND COME DECEMBER 1ST
By: Kimberly Ramkhalawan kramkhalawan@caribmagplus.com September 30, 2022 Barbados will open its Offshore Licensing Bid Round on December 1st, 2022. Foreign Trade and Business Minister, Sandra Husbands, disclosed the statement earlier…
IDB Invest and IFC Partner with HDF Energy and Rubis to Develop First Green Hydrogen Power Plant in Barbados
September 30, 2022 This project aims to provide electricity to 16,000 homes at a competitive tariff in Barbados, helping reduce emissions and add firm generation capacity through domestic and abundant…
IMF Reaches Staff-Level Agreement with Barbados for a Resilience and Sustainability Trust (RST) program, with an accompanying Extended Fund Facility (EFF)
September 30, 2022 Barbados is the first country to reach a staff-level agreement to access the IMF’s Resilience and Sustainability Trust (RST), which aims to provide affordable, long-term financing to…
Mottley going back to IMF is “worrying.”
By; Staff Writer September 16, 2022 Democratic Labour Party president Dr Ronnie Yearwood says that Barbados going into another International Monetary Fund (IMF) programme is “worrying,” and further asserts that…
Heart and Sole: Regional Footwear Makers Aim to Impress at UK’s ‘Autumn Fair’
September 6, 2022 Christmas is coming and retailers around the world are getting ready for the so-called ‘Golden Quarter’ between October and December when sales traditionally spike. This is an…
Barbados to Promote Environmental Sustainability with Innovative IDB Solution
August 5, 2022 Barbados will promote environmental sustainability and economic development with a US$100 million guarantee approved by the Inter-American Development Bank (IDB) that will allow the country to create a long-term instrument…
From sargassum to liquid sunshine- a call for seaweed to nutrient rich food!
By: Staff Writer July 29, 2022 A Barbadian agricultural entrepreneur is making the invasive and destructive sargassum seaweed into big business, turning it into plant fertilizer, using it to develop…
Barbados: Seventh Review Under the Extended Fund Facility Arrangement-Press Release; and Staff Report
June 21, 2022 Despite significant economic shocks associated with the COVID-19 pandemic, twin natural disasters, and the war in Ukraine, Barbados has made good progress in implementing its Economic Recovery…