Tag Archives: Barbados Business

Notes From a Native Son: Time for the Government to Get Moving

Introduction: The intellectual argument that Barbados is in deep economic (and social) crisis has now been conceded by the deniers – those who talk nonsense about the nation punching above its weight and exaggerating the soft influence we have in the region and, the world. Of course, it is all self-praise, the unfortunate outcome of economic ignorance and wishful-thinking. I

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The Tax Haven Issue Gaining Momentum

Submitted by Not Taken French President Francois Hollande has called for “eradication” of the world’s tax havens and told French banks they must declare all of their subsidiaries. President Francois Hollande As a regular visitor to Barbados, I am concerned with what I am reading in the mainstream media in Canada and Barbados and the blogs. Tourism is in the

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Review of Barbados' Economic Performance for 2012 and Prospects for 2013

To make the harsh observation: Our foreign reserves would have dropped to $1.3 billion if not for that $167 million from the sale of the BNB shares….Was that sale strictly for window dressing purposes to impress the IMF and the ratings agencies? It would have meant 4 continuous years of declines in the year end foreign reserves. Related Link: Review

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Cost-Us-More!!!

All across the English speaking Caribbean, there is an ominous movement of sorts, a movement of low frequency rumblings without patterns, without form, not like the rhythms of bumbatuk or soca or the one drop of reggae or mento that we are accustomed to. The essence of all of these known rhythms is that they link us to a past

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Notes From a Native Son: To Much Haste, Possible Waste

Introduction: In a moment of euphoric celebration, the Opposition BLP published a 15-point plan which it hopes will be a roadmap to power when the DLP Government finally decides to call a general election. It appears as if the BLP is so confident that the ruling DLP is destined to lose power whenever the general election is called, that it

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Notes From a Native Son: Why a Massive Development Plan Could Have Made a Major Difference to Development in Barbados (Part two)

Medium Term ( First parliamentary term): Part of any dynamic strategic development plan should be based around carefully locating industrial policy at the heart of that plan. But, as has been mentioned before, this generation of policymakers and politicians do not have a natural impulse for industry. They prefer to base development strategy on tourism, because it provides the ready

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Notes from a Native Son: The Barbadian Diaspora

Introdution: The post-independence experience of Barbados is one of missed opportunity after missed opportunity and nothing demonstrates this more that the Diaspora conference which is now coming to an end in Barbados. Here was a rare opportunity to draw on the collective knowledge, enthusiasms and skills set of the great Barbadian Diaspora to add to the mix of ideas and

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What Is Going On Here?

Message from the Board of Directors of Almond Resorts Inc – Published in the Nation and Barbados Advocate today. Shareholders were asked to approve the sale of Almond Beach Club to Fairweather Holding Company, but it appears they were only acting as a nominee for Lazy Lagoon (Barbados) Ltd. Is this a nearly formed company and where is it registered? I

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Financial Meltdown, How Would It Effect Our Fragile Investment In Four Seasons?

Submitted by Old Onion Bags Greece’s political leaders struck a historic deal Thursday to make deep cuts in government jobs and spending to help save the country from a default that could shock the world financial system. Greece needs the bailout by March 20 so it will have enough money to redeem €14.5 billion worth of bonds coming due. If

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Looking Ahead For The Better

Submitted by Old Onion Bags The taxation assault that was unleashed on Barbados, has brought about what is occasioned today …a total slow down of the economy and negative or no growth pattern during the five year implemented. It was a mistake to increase VAT from 15% to 17.50% in order to bring additional revenue in a time of recession

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Barbados Entrepreneurial Foundation Think Tank, Outcomes

The Barbados Entrepreneurial Foundation recently held a think tank session to critique the need for a new Barbados governance model. One of the key players behind the initiative is Dr. Ronnie Yearwood. Last week BU posted ‘An Open Letter to Barbados on Forty Five Years of Independence: We Are the Change’. Here is some more from Dr. Yearwood: Opening Remarks

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