Author Archives: The Advocate

Barbados’ economic growth prospects in 2012 for the medium term are encouraging once the international economy settles down.  This is the view of the Central Bank of Barbados (CBB) recent report on the economy’s performance for the past year. The outlook for 2012 according to the review is, “The growth rate in 2012 maybe one [...]

Our scant approach to the graveness of cyber crimes which exist today and which threaten many of our local businesses, could well indeed hamper Barbados from becoming the first world developed nation it desires to be. This was the expressed view of Mr. Steven Williams CEO of Sunisle Technology Solutions, a local IT company which [...]

The Barbados Government wants commercial banks to plough some of their profits into venture capital to assist small businesses.  Minister of State in the Prime Minister’s Office, Senator Darcy Boyce, said so in an address to the 100th Anniversary function of the RBC Royal Bank of Canada at the Hilton. “I believe that the Income Tax [...]

“To change our world is to develop the potential of our people and our nation and this is one of the major thrust of the  Small Business Association (SBA)”,  says Lynette Holder, CEO of the association. The theme at the recent graduation held at Bagnall’s Gallery, Pelican Village was ‘Equipping the Community with Tools for Success’.  [...]

A study has been done on the agri-food distribution sector in Europe as part of an initiative to prepare more European market access for exporters from Barbados and the Caribbean.  Lincoln Price of the Office of Trade Negotiations made the announcement during a presentation at a recent seminar looking at opportunities for regional business people [...]

BARBADIANS wishing to have a better understanding of the performances and challenges of the local manufacturing sector can do so by way of the latest on-line publication of the Central Bank of Barbados.  The Central Bank of Barbados has just launched the June edition of its refashioned Economic Review (ER). Among the topics featured in [...]

BARBADOS and other Caribbean Community Countries are again appealing to the international community to make available – and on a timely basis – Aid For Trade (AfT) resources. The region’s position was put forward by Irwin LaRocque who was recently named the new Secretary General of the CARICOM Secretariat. He outlined the Caribbean’s position on [...]