Barbados to establish Revenue Authority

BRIDGETOWN, Barbados, CMC – Barbados will establish a revenue authority this year because of a number of issues including inconsistencies in revenue collection, particularly at the Customs. Finance and Economic Affairs Minister Chris Sinckler recalled an instance last year, when Barbados was asked t...
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Regional fisheries ministers meeting in Barbados

BRIDGETOWN, Barbados, CMC – Caribbean fisheries ministers are meeting in Barbados on Friday to discuss the work of the Belize-based Caribbean Regional Fisheries Mechanism (CRFM). “This is a very important meeting in terms of forging a new strategic direction for the fisheries sector,” said CRFM Exec...
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Barbados calls for assistance for countries to deal with recession

BRIDGETOWN, Barbados, CMC – The Third Inter-American Development Bank (IDB) Annual Retreat of Caribbean Civil Society Consultative Groups (ConSoC) is ending here on Friday with Barbados urging the Washington-based financial institution to create new, interesting, innovative and adaptable strategies ...
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Barbados ‘cut off’ due to economic development

BRIDGETOWN, Barbados - Minister of Finance Chris Sinckler has expressed concern that the economic development of Barbados and other small open economies has been used as a “bludgeoning instrument” against them when it comes to concessional financing from entities like the World Bank and preferential...
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Cuba to host Caribbean Film Market

BRIDGETOWN, Barbados, CMC – Cuba is to host the International Forum and Caribbean Film Market next month. The June 13-15 event is being organised by the Travelling Caribbean Film Festival and provides a greater visibility to the films produced by Caribbean film makers. The forum, which is a ...
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Finance Minister rubbishes talk of IMF agreement

BRIDGETOWN, Barbados, CMC – The Barbados government has described as “malicious and unfounded” reports that the island has held talks with the International Monetary Fund (IMF). Finance and Economic Affairs Minister Chris Sinckler has also rubbished suggestions that Barbados would ...
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Expect busy hurricane season

BRIDGETOWN, Barbados - The Caribbean region is likely to experience major storms and hurricanes this year during what is expected to be a busy hurricane season. This is according to the recently appointed Executive Director of the Caribbean Disaster Emergency Management Agency (CDEMA), Ronald Jackso...
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Force not good tool of policy

BRIDGETOWN, Barbados - LAST WEEK the insidious nature of terrorism raised its ugly head in Britain reaffirming the point that national security is going to be a constant challenge to most countries for the foreseeable future. The mantra after the 9/11 attack on the World Trade Centre in the United ...
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Barbados welcomes new rum agreement

BRIDGETOWN, Barbados, CMC – The Barbados government has welcomed the agreement signed by Foursquare Rum Distillery to distill, blend and bottle a brand of rum known as “10 Cane’ which officials say is expected to rake in BDS$100 million (One Barbados dollar = US$0.50 cents) in foreign exchange. “Rum...
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