Home Tag "Barbados"

Proceeds From Illicit Activities Abroad Are Being Laundered Through Barbados – The 2018 INCSR

According to the latest International Narcotics Control Strategy Report proceeds from illicit activities abroad are being laundered through Barbados. Barbados was one of 92 countries examined under the money laundering and financial crimes section of the 2018 report, which included the United States, as well as several Caribbean countries, including the Bahamas, Antigua and Barbuda, […]

Bank Of Jamaica Designing New Reporting Forms To Capture Vital Information On The Extent Of Private-Sector Credit Being Provided To Micro, Small, And Medium-Sized Enterprises

Businessuite 2017 Top 10 Barbados Companies By US$ Revenue

Nat Rank Nat Rank Carib Rank Listed Company LC$000 US$000 LC$000 US$000 2017 2016 2017 2016/17 2016/17 2015 2015 1 1 2 Sagicor Financial Corporation $1,134,147 $1,104,219 2 2 6 First Caribbean International Limited $533,780 $522,373 3 3 9 Goddard Enterprises Limited $767,460 $387,606 $924,469 $466,904 4 4 20 Cable & Wireless (Barbados) Limited – […]

Access Financial Services Recording 16% Increase In 2018 Q1 NPAT

Businessuite 2017 Top 10 Barbados Companies By US$ Profit After Tax

Nat Rank Nat Rank Carib Rank Listed Company LC$000 US$000 LC$000 US$000 2017 2016 2017 2016/17 2016/17 2015 2015 1 1 1 First Caribbean International Limited $143,336 $97,932 2 2 5 Sagicor Financial Corporation $107,897 $98,443 3 10 13 Cable & Wireless (Barbados) Limited – FLOW $99,367 $50,185 ($49,693) ($25,097) 4 3 20 Goddard Enterprises […]

Access Financial Services Recording 16% Increase In 2018 Q1 NPAT

Standard Poor’s Downgrades Barbados For The Second Time In Six Months

International rating agency Standard Poor’s (S&P) this week downgraded Barbados for the second time in six months, lowering its long-term local currency rating from CCC+ to CCC. In giving the rating a negative outlook, S&P said this reflected the potential for a downgrade over the next 12 months should the Government fail to advance measures […]

Bank Of Jamaica Designing New Reporting Forms To Capture Vital Information On The Extent Of Private-Sector Credit Being Provided To Micro, Small, And Medium-Sized Enterprises

Barbadians Warned To Brace For More Hardships – Dukharan

The Chief Economist for Bitt Inc, Marla Dukharan, is warning Barbadians to brace for more hardships, given the likelihood that the Government will miss its fiscal targets and that the island’s overall economic performance will be weaker than expected this year. She issued the grim assessment in response to the latest country risk report prepared […]

Bank Of Jamaica Designing New Reporting Forms To Capture Vital Information On The Extent Of Private-Sector Credit Being Provided To Micro, Small, And Medium-Sized Enterprises

Women Head 57 Per Cent Of Households In Barbados – IDB Study

Inter-American Development Bank (IDB) Project Leader Diether Beuermann Mendoza is reporting that a recent study has revealed that women head 57 per cent of households in Barbados, and account for a significant percentage of the island’s poor when compared to men, revealing a significant gender gap.The study also revealed that the rich households have smaller […]

Bank Of Jamaica Designing New Reporting Forms To Capture Vital Information On The Extent Of Private-Sector Credit Being Provided To Micro, Small, And Medium-Sized Enterprises

Barbados Follows Trinidad And Imposes A Foreign Exchange Fee On Foreign Purchases And Payments

As in many other countries around the world Barbados, Trinidad and Tobago have seen the popularity of online purchases increase significantly over the past few years. And in the twin island state it is said that between 12 to 13 per cent of all foreign exchange transactions are associated with online shopping. Faced with the […]

Bank Of Jamaica Designing New Reporting Forms To Capture Vital Information On The Extent Of Private-Sector Credit Being Provided To Micro, Small, And Medium-Sized Enterprises

Sagicor Financial Corporation Reporting Improved EPS Of US 6.3 Cents Up From US 5.2 Cents Recorded In 2016 – McNamara

Stephen McNamara Chairman of The Sagicor Group is reporting improved earnings per common share (EPS) of US 6.3 cents up from the US 5.2 cents recorded in 2016. This as the Group maintained its solid performance from the first quarter into the second Quarter, recording net income of US$41.1 million for the six months ended […]

Access Financial Services Recording 16% Increase In 2018 Q1 NPAT

Sovereign Downgrades In Barbados As Well As Its High Debt To GDP Ratio Remain A Major Concern To First Citizens Group

Anthony Smart, Chairman of the Trinidad and Tobago based First Citizens Group, in a recent report to shareholders indicated that the recent sovereign downgrades in Barbados by both Moody’s and Standard and Poors, as well as its high debt to GDP ratio remain a major concern to the Group. He indicated further that they will […]

Bank Of Jamaica Designing New Reporting Forms To Capture Vital Information On The Extent Of Private-Sector Credit Being Provided To Micro, Small, And Medium-Sized Enterprises

GraceKennedy Reporting 5.1% Increase In Revenue and 19.1% Reduction In Net Profit For Q2 2017

The GraceKennedy Group has released its Second Quarter 2017 results, reporting J$46.4 billion in revenues, an increase of $2.3 billion or 5.1% over the corresponding period of 2016. This was driven by growth in both its Food Trading and Financial segments. Profitability for the quarter was ahead of plan, with net profit for the period […]

Access Financial Services Recording 16% Increase In 2018 Q1 NPAT