Barbados Tourism on the RiseTourism, the main engine of the Barbados economy, is continuing its upward trend, according to preliminary 2008 figures from the Barbados Hotel and Tourism Association (BHTA). BHTA figures show the island continues to be a big favourite vacation spot especially for the rich, with the top tier hotels still registering the

After many months of wrangling, Barbados Shipping & Trading Company Limited (BS&T), the island's largest business conglomerate, has been taken over in a multi-million dollar buy-out by one of its big shareholders, Trinidad-based Neal and Massy Limited. Neal and Massy, a similar conglomerate operating in Trinidad and Tobago and much of the English Caribbean for

Barbados and the Caribbean Stock ExchangeBarbados will be one of three countries to initiate the first phase of a long-mooted unification of Caribbean Stock Exchanges, aimed at providing a one-stop shop for foreign investors. The Caribbean Exchange Network (CXN), will initially link the stock markets of Barbados, Trinidad & Tobago and Jamaica. The other Caribbean

Barbados Economic Growth for 2007New Central Bank figures show the Barbados economy grew by 4.3 per cent in 2007. It was the sixth consecutive year of economic expansion for this 166 square mile Caribbean island and compared with an average 3.1 per cent growth over the last five years. The upward trend was driven by

New Barbados Cabinet Sworn-in After January 2008 ElectionThe Barbados Governor General, Sir Clifford Husbands, has sworn in a new 18-member cabinet to run the affairs of the country for the next five years, following the January 15th, 2008 general elections that changed the government. Headed by new Prime Minister David Thompson, 46, the cabinet comprises

Barbados Election 2008 Produces a New GovernmentBarbadians voted to change their government in a hard-fought general election January 15th, 2008. After 15 years in the political wilderness, the opposition Democratic Labour Party (DLP), led by lawyer David Thompson, turned the tables on Owen Arthur's Barbados Labour Party (BLP). At the close of preliminary counting 20

Rumours of a merger between First Caribbean and RBTTFirst Caribbean International Bank has a very strong presence in Barbados and the Bahamas, whilst the Royal Bank of Trinidad and Tobago is very strong in the Trinidad and Jamaica, therefore a merger of these two banks would make them the most stable across the Caribbean region

Barbados Workers Union Fear Not Enough Jobs For GraduatesBarbados Workers Union are warning that unless the economy in Barbados picks up there will not be enough jobs created for graduates leaving university. The union fears that society will be filled with over qualified workers unless the government addresses the economic issues. In recent years it

SBI Distribution Wins Unilever Distributor of the year for 2006Barbadian company SBI Distribution, who distribute Unilever brands Breeze, Radiante, Skip, Quix, CIF, Mistolin, Lux, Rexona, Lifebuoy, Dove, and Axe Bodyspray won the award for an outstanding sales performance in 2006. Unliver placed Barbados as the Caribbean market leader in selling their brands because of SBI's

Air Jamaica Fills Gap in the MarketAir Jamaica has profited from a gap in the market left by Caribbean Airlines, when they decided to discontinue the New York to Barbados service. Air Jamaica now offer this service as a non stop flight from New York JFK to Barbados continuing on to St Lucia 4 days