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Apr 4, 2015
    Central Bank’s Quarterly Review will be announced on Tuesday. The eagerly awaited Report will confirm how well Barbados has done in the first quarter of 2015 after recent figures suggest the winter season has seen a much-improved performance in the key tourism sector. The Report should also give a clear indication of how the bank sees the economy performing in the next nine months
Apr 4, 2015
http://www.realtorsrealestatesales.com/component/osproperty/st-james/ca-limbo Price: US$3,950,000.00 Furnished CA: 6,348 sq. ft. LA: 38,210 sq. ft. Intriguing and inviting family home, prominently situated on the world-renowned, prestigious Sandy Lane Golf Resort. Airy and commodious, Ca Limbo has 6 spacious bedrooms - four in the main house with a separate secluded two bedroom cottage! The basement was recently transformed into a marvellous games room and an inviting living room.  This...
Apr 4, 2015
 A total of 45,000 LED lighting bulbs are being given away to householders by Caribbean LED Lighting Inc. Over 9,000 households will benefit from the windfall which will not only save money but help reduce energy consumption levels. Customers of Barbados Light and Power will be chosen randomly and receive vouchers in the post.
Apr 4, 2015
For the second time in six months China has offered tax breaks and reduced down payment requirements for homebuyers in an attempt to halt the slide in house prices. The housing market is estimated to be worth 15% of China’s economy and the poor performance in the housing sector has had a significant negative effect on other industries and suppliers.
Apr 4, 2015
  The annual call for improved facilities at the National Stadium or even better the provision of a new stadium predictably followed the recent National Sports Tournament. At a time when the major construction companies are begging for business and construction costs have fallen, the new facility would be a welcome boost for the ailing building industry, but there is one major problem. The Government hasn’t the funds or the appetite for the facility.
Apr 4, 2015
  Innotech CEO Martin Da Silva has confirmed the impressive new Barbados Water Authority headquarters building should be complete in a month. The 80,000 sq ft of office space took two years to build and is the biggest building completed by Innotech in Barbados.
Apr 4, 2015
  The local commercial bans and finance houses are locked in competition for loan business to fund domestic residential property renewable energy projects. Most of the schemes involve middle to high-end properties with owners in the same income bracket leading to one spokesman in the lending business saying; ”This is solid business where good customers are borrowing to improve the value of their properties and reduce their utility costs. In many cases the money they are saving will pay for...
Mar 3, 2015
  Opposition MPs have been quick to pour scorn on Prime Minister Freundel Stuart’s plans to make Barbados a Republic calling it a distraction from the main problems facing the economy. Polls have also rejected the move as being inappropriate at this point in time and many people are surprised at the timing considering the serious state of healthcare, agriculture, education and the Sugar Industry.
Mar 3, 2015
Jerry Franklyn the Managing Director of EnSmart Inc. has plenty of confidence in the island’s potential in the renewable energy sector. He was recently quoted in the Barbados Business Authority as saying-”I believe Barbados can be an example for the rest of the Caribbean and even the world if we embrace the energy revolution and implement technologies like the smart grid, energy management systems and renewable energy generation.”
Mar 3, 2015
The recently issued Chairman’s Report from Consolidated Finance showed an operating profit before tax of $5.7 million compared to $2.1 million in 2013. Partial recovery of previously written down investment and improved performance with impaired loans had a significant impact on the 2014 result. Consolidated also reported success in their new product range and in particular the financing of renewable energy photovoltaic systems and electric cars.

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