Barbados

  • May 31, 2013
    839

    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 to explain to the World Customs Organisations, the discrepancies in revenue collected for goods imported from Japan.…

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  • May 31, 2013
    821

    Region against guns: Caribbean committed to fight against weapons and crime

    BRIDGETOWN, Barbados – THIS island’s top cop has revealed steps are being taken – not only on the local front, but regionally – to arrest the problem of gun crimes. Speaking during the hand-over of a hydraulic shears at the Central Police Station from the United Nations Regional Centre for Peace, Disarmament and Development in Latin America and the Caribbean…

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  • May 31, 2013
    804

    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 Executive Director, Milton Haughton. He said the seventh meeting of the CRFM Ministerial Council will…

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  • May 31, 2013
    810

    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 access to markets internationally. Sinckler made the remarks yesterday, as he addressed the Inter-American Development…

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  • May 31, 2013
    832

    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 to countries deal with the ongoing global economic recession. “We believe that the IDB, through its extensive research and human resource…

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  • May 30, 2013
    811

    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 parallel event to the fifth edition of the Travelling Caribbean Film Festival,…

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  • May 30, 2013
    800

    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 be devaluing its local currency which now trades at 50 cents to one United States dollar. “There will be no…

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  • May 30, 2013
    798

    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 Jackson. He was speaking during a press conference at CDEMA’s headquarters at the Manor Lodge Complex…

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  • May 29, 2013
    813

    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 States has been that there will be no negotiating with…

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  • May 29, 2013
    830

    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 is a distinct Barbadian product and I believe that we are…

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