标签: Barbados

巴巴多斯

  • Speightstown traders call for investment, cultural renewal

    Speightstown traders call for investment, cultural renewal

    Nestled in northern Barbados, the historic coastal town of Speightstown holds untapped tourism potential and a deep cultural legacy. Yet for years, local business owners say, broken promises and chronic underinvestment have left the once-thriving commercial hub stagnant, with foot traffic plummeting and key assets left unused. Now, the community’s traders are reigniting their calls for targeted infrastructure upgrades, policy support for local entrepreneurs and expanded cultural programming to breathe new life into the St. Peter landmark.

    In recent interviews with Barbados TODAY, multiple local business leaders outlined the core changes they say are long overdue, highlighting underdeveloped transport links, decaying heritage architecture and a lack of sustained cultural events as the biggest barriers to growth. For Jacqueline Wilson-Ali, owner of the local boutique Expressions by Jay, the stagnation of Speightstown’s economy has been a years-long source of frustration, after authorities repeatedly pledged to drive revitalization that never materialized.

    “Speightstown has a rich heritage and history, but things need to happen for us that the powers that be promised us,” Wilson-Ali explained. “They promised us that smaller boats would come into Speightstown to help boost our businesses because we have some really lovely businesses here.”

    Wilson-Ali pushed for a more strategic use of the town’s existing maritime and heritage assets, arguing that underutilized infrastructure like the local jetty could be leveraged to funnel cruise and small-boat tourists directly into the town’s commercial core. “The jetty is not only for fishing and just people taking a tour of it,” she noted. “Bring the tourists here, and I’m sure the tourists would definitely enjoy being in Speightstown. When they come off, there are usually port lecturers. You can tell them about the town before they get off the ship.”

    Beyond infrastructure upgrades, local leaders are also calling for a return to large-scale cultural events that once drew crowds from across the island to Speightstown. Public spaces like the Speightstown Esplanade currently sit largely unused, community members say, and event programming that once positioned the town as a core stop for national celebrations like Crop Over has shifted entirely to the capital Bridgetown. Wilson-Ali is urging the National Cultural Foundation to expand its event footprint outside of Bridgetown, create themed Speightstown weekend events, and reinsert the northern town into Barbados’ national cultural calendar. “Everything seems to be happening outside of Speightstown,” she said. “Speightstown was a big part of Crop Over, but we don’t get that now. Take time out to come to us and do something for Speightstown. Create a theme for Speightstown weekends. We need to feel a part of the big equation.”

    For Kaie Cozier, a London-born former radio presenter whose family has deep commercial roots in St. Peter, Speightstown’s decline is a deeply personal loss. She pointed to poorly adjusted traffic routing that has cut foot traffic, crumbling historic buildings and a lack of targeted support for local Barbadian entrepreneurs as the most pressing issues the town faces. “People talk about Speightstown being this historical town, but it has been left to rot, and it breaks my heart,” Cozier said. “I walk through Speightstown a good few times a week, and each time my heart breaks a little more because this is part of my heritage.”

    While Cozier acknowledges that targeted tourism growth is needed to revitalize the town, she argues that economic policy must prioritize local ownership of businesses over foreign-backed resort development. She is calling for targeted financial incentives, low-interest grants, and mentorship programs to help local entrepreneurs build and expand their operations, noting that long-term local stakeholders have a far greater stake in preserving Speightstown’s unique character. “Speightstown is and should be for Bajans primarily,” she explained. “There should be incentives and grants and initiatives to allow people to develop businesses in Speightstown as opposed to having investors come in because they’re interested in the money. We’re interested in the heart and soul of Speightstown.”

    Cozier also pushed for urgent action to address the dozens of derelict, crumbling buildings scattered across the town, including the former Noel Roach store. She suggested repurposing these decaying historic structures to serve public needs, such as community arts centers, senior citizen hubs, or local heritage museums. “Speightstown needs investment, it needs belief. We’ve got too many empty buildings sitting around that are basically crumbling to the ground,” Cozier added. “I would like to see the derelict buildings — please do something with them. Restore them, make them museums, make them art centers.”

    Not all local business owners are relying solely on government intervention, however. Some traders have already adapted their business models to offset lower foot traffic, finding ways to serve both local residents and the small number of tourists that currently visit the town. Negus, a juice vendor who relocated his business from Bridgetown to Speightstown, said that adjusting his product offerings to cater to both locals and visitors has allowed his business to stay viable despite slower overall activity. “In Bridgetown, it’s a faster place in terms of sales,” Negus said. “When I came down here, we started to become more creative. I realised I have to supply stuff for both tourists and locals.”

    Negus encouraged fellow local business owners to lean into creativity and self-reliance rather than waiting for outside support. “Stop going and begging for assistance and find your creative ability to sustain and help yourself,” he said. “You have to be smarter, stay on top of what you’re doing, and build something that lasts.”

  • MP launches Pack for Progress for students

    MP launches Pack for Progress for students

    A Barbadian parliamentarian is expanding a community-focused back-to-school assistance program this year, aiming to put essential educational supplies into the hands of up to 100 low-income children as they prepare for the start of the new academic term. Tyra Trotman, the elected representative for St Michael Central, is leading the “Pack for Progress: Together We Learn” initiative, a project she first launched independently in 2023, months before winning her parliamentary seat.

    Trotman laid out her vision for the 2024 drive during a press briefing held at her constituency office on Leinster Road, Waterford, St Michael on Thursday, framing the effort around a core belief that education acts as one of the most powerful tools for social equality. “Education is a great equalizer no matter where you come from, whether it’s the heights or the hood,” she told reporters. “Once you get your strong background in education, you can really liberate yourselves.”

    As a recipient of free public education herself, Trotman emphasized that expanding access to educational resources aligns with long-held national values in Barbados. Supporting young people through their schooling, she argued, unlocks life-changing social and economic opportunities that lift entire communities. “It creates numerous opportunities for young people, and it’s something I believe strongly in being someone who benefited from free education myself, and it’s something that we as Barbadians should pride ourselves on in terms of having that resource available for young people,” she said.

    Last year, Trotman funded and ran the entire initiative alone, distributing backpacks and basic school supplies to children in need across her constituency. This year, two local community groups have stepped in to partner with the project: The Dream Team/Dream Mass and the Affluent Bunch, allowing the drive to scale up its reach from last year’s smaller cohort to 100 students in 2024.

    Akhnaten Burrowes, leader of the Affluent Bunch, explained that his group’s participation grew out of a personal commitment to paying forward the support that helped him and his peers grow up. For Burrowes, community giving means building purpose-driven events that lift up vulnerable young people, rather than focusing solely on social gatherings. “People would have always helped me and helped my friends, and we would have grown and benefited from such initiatives,” Burrowes said. “So we wanted to do not just a party, but a party with a purpose where people can benefit from the same help that I and my team benefited from.” The Affluent Bunch has contributed bulk stationery supplies for participating students.

    Keisha Thorne, a representative of Dream Team Entertainment, echoed the commitment to equitable access to education, noting that the initiative’s core mission is to ensure no child starts the school year at a disadvantage. “The whole initiative is very important because no child should be left out,” Thorne said.

    While the initiative already has secured donations of backpacks and stationery, Trotman highlighted that two items remain in particularly high demand: school uniforms and properly fitted school shoes. Unlike backpacks, which can often be sourced at lower price points, Trotman noted that uniforms and footwear are the most requested needs from families preparing for back-to-school. She also issued an open call for additional donations from local businesses, organizations, and community members, saying more support will allow the drive to expand and help even more children in future years. Donors can drop off contributions at Trotman’s constituency office in St Michael.

  • Barbados celebrates Jackie Opel’s life, legacy

    Barbados celebrates Jackie Opel’s life, legacy

    On a sunny Thursday lunchtime at Bridgetown’s iconic Queen’s Park, a diverse gathering of musicians, dancers, visual artists, and spoken-word performers came together to honor the indelible legacy of Barbadian music pioneer Jackie Opel, marking what would have been his 89th year since birth. Born Dalton Sinclair Bishop on August 27, 1937, Opel revolutionized Caribbean music by creating spouge — the genre now widely recognized as Barbados’ national sound — and built a cross-island cultural footprint that stretched from his hometown to Kingston, Jamaica, decades before his influence was fully celebrated on a national scale.

    Leading the tributes was Andrea Wells, Chief Cultural Officer of Barbados’ National Cultural Foundation (NCF), who framed Opel’s contribution as far more than a musical milestone: he was a foundational figure in shaping the island’s independent national identity, she argued. “Today we celebrate the legacy of Jackie Opel, who was an artist that liberated souls through his voice, provoked imagination with his lyrics, and pushed us further in defining our national identity,” Wells told the gathered crowd, which included Opel’s daughter, three grandchildren, and great-grandchildren.

    To carry forward Opel’s creative influence into a new generation, the NCF partnered with the Prime Minister’s Office Division of Culture to launch the 2025 Jackie Opel Residency Lab, an initiative designed to support contemporary artists creating work rooted in Opel’s life, career, and cross-cultural impact. The residency invited creators across visual art, music, and dance to dive deep into Opel’s archives and even travel to Jamaica to trace his professional connections and artistic influence there. Two emerging Barbadian visual artists, Safia Stoute and Starlight Talma, received residency funding to develop full collections of work inspired by Opel, with several pieces featured in the on-site Rewind exhibition at Queen’s Park. Wells explained that the artists’ work unpacks under-told layers of Opel’s story, from his childhood growing up on Nelson Street in central Bridgetown to his rapid rise to regional fame. “Jackie is Bajan. He was from town. Nelson Street was his stomping ground — the jukeboxes, the people, the energy,” Wells noted.

    Wells emphasized that Opel’s 1970 return to Barbados after years working in Jamaica was a turning point for the island’s cultural transition to full nationhood. “His return to Barbados in 1970 seems like fateful ordination. Jackie was sent back to help us transition to nationhood, and this is most evident in the creation of spouge, which is now considered the music of Barbados,” she said.

    For musician Justin Taylor, one of the residency participants, Opel’s artistic range extends far beyond his iconic creation of spouge. Taylor has long planned to release a full concept hip-hop album centered on Opel, arguing that the pioneer’s innovation as a soul singer has been underappreciated by modern audiences. “I think that Jackie was so much more than just spouge music,” Taylor said. “He was a top soul singer and really creative… Nobody else was doing that [the track *Tears Are Falling From You*] in the 60s. He was Kutton before Kutton.”

    Taylor also highlighted Opel’s widespread recognition in Jamaica during the 1960s, where he recorded at the legendary Studio One and became a regular fixture on popular Friday sound systems. “Jackie was fairly big in Jamaica… He was a voice that was known to the people,” he said. For the residency project, Taylor chose to explore Opel’s worldview rather than rehashing discussion of spouge, and he performed two original works, *They Don’t Know Jackie* and *One More Chance*, for the Queen’s Park crowd.

    The cross-disciplinary tribute featured a range of other original works created for the anniversary: spoken-word artist Adrian Green presented a piece drawing from Opel’s life story; veteran musician Desmond Weekes debuted a new spouge track titled *I’ve Got a Mobaton of Love For You*; and dancer and choreographer Keisha Dowridge created *Wharf Boy*, a solo performed by Naiobi Rudder that references Opel’s childhood practice of diving for coins thrown by tourists at the Bridgetown Wharf. Dancers from the Mark Burgess Dance Academy performed choreographed pieces to classic spouge between each tribute, keeping Opel’s iconic sound central to the celebration.

    The Queen’s Park event also hosted the Rewind exhibition, sponsored by the Central Bank of Barbados as part of the NCF’s Emancipation exhibition series *Push, Pause, and Rewind*. Following the daytime celebration, events continued into the evening at CARIFESTA House, where the NCF hosted a dedicated Jackie Opel Night to extend the tributes.

    Closing the daytime event, Wells reaffirmed that Opel’s legacy continues to resonate across the Caribbean and beyond. “Jackie Opel has left a legacy that stretches far beyond the shores of Barbados, one that we are proud of as Barbadians and Caribbean people,” she said.

  • Edwards overcomes late start to finish fourth at Caribbean Chess Cup

    Edwards overcomes late start to finish fourth at Caribbean Chess Cup

    The 202X Caribbean Chess Cup wrapped up in Aruba last weekend, delivering one of the most surprising standout performances of the competition from Barbadian player Emar Edwards, who climbed to an unexpected fourth-place finish in the fiercely contested Open division despite facing a major early setback.

    As Barbados’ only competitor in the 33-player Open section, Edwards was forced to miss the tournament’s opening two rounds, putting him far behind the rest of the field heading into the middle stages of the event. Ranked seventh entering the competition, the Barbadian player refused to concede his shot at a high finish, claiming four wins across his next six matches to keep his top-six hopes alive heading into the ninth and final round.

    Facing higher-ranked Candidate Master Vaibhav Bedi of Curaçao, Edwards entered the final match with a clear must-win goal to crack the top of the leaderboard. Holding the white pieces, Edwards dictated the tempo of the game from the opening moves, maintaining consistent control of the board to secure the critical victory that pushed his total score to six points. When all final-round results were finalized, other matches fell in Edwards’ favor, lifting him to an overall fourth-place finish that defied his early disadvantage.

    The Open division title ultimately went to FIDE Master Quinn Cabralis of Trinidad and Tobago, who claimed the top spot with an impressive 8.5 points from nine total matches. Christiaan Smeets of the Netherlands secured second place with seven points, while host nation contender Juan Pabl De La Mey of Aruba finished third with 5.5 points.

    Edwards’ strong result came just one week after two elite Barbadian school teams represented the country at the FIDE ISCF World Schools Team Chess Championship American Continental Stage held in Costa Rica. Local national champions Queen’s College and Harrison College each sent squads of four players to compete in the eight-round team event, where both squads turned in strong performances against top opposition from across the Americas.

    Queen’s College finished 10th out of 30 competing teams hailing from 25 countries across the region, finishing with nine points from a maximum 16 possible. The squad earned three match wins, three draws, and two losses over the course of the tournament, and claimed a notable distinction as the highest-placing team from any English- or Dutch-speaking Caribbean nation. The Queen’s College squad, made up of Chaz Reifer-Belle, Jaeda Herbert, Nathan Simmons-Patterson, Zaine Ward and Aidan Greaves, saw Simmons-Patterson deliver an exceptional individual performance, notching six wins from eight games to lead his team.

    Harrison College followed closely behind in the overall standings, finishing 13th with eight total points. The squad, composed of Jeremiah Farley, Charis Stuart, Aidan Singh, Janiyah Browne and Ethan Alleyne, notched three match wins, two draws, and three losses. Janiyah Browne stood out as Harrison College’s top performer, earning five points from seven games played.

    Peru’s Saco Oliveros de Lince school won the continental championship, earning the right to advance to the FIDE ISCF World Schools Team Championship global finals. The back-to-back strong results from Edwards and the two Barbadian school squads have cemented the country’s growing reputation as a competitive force in Caribbean and American continental chess.

  • Govt guarantees US$20m housing financing facility

    Govt guarantees US$20m housing financing facility

    On Tuesday, a landmark $20 million financing agreement was signed at the Saint Lucia Development Bank (SLDB) headquarters in Castries, marking a major step forward in the Caribbean island nation’s fight against its persistent affordable housing crisis. The Government of Saint Lucia has formally stepped in to guarantee the facility, which was negotiated between the local development bank and Taiwan Export-Import Bank (Taiwan Eximbank), with the explicit goal of expanding access to homeownership for low- and middle-income households across the country.

    This new initiative aligns directly with the Philip J Pierre administration’s broader national strategy to close Saint Lucia’s growing housing deficit. Unlike traditional mortgage products that often exclude vulnerable groups, the facility is structured to lower barriers to long-term mortgage financing, with a specific focus on first-time homebuyers and communities that have historically been locked out of conventional lending systems.

    Prime Minister Pierre reaffirmed the government’s commitment to public-private collaboration to solve the housing crisis during his 2026-2027 Budget Address, noting that targeted partnerships remain a core policy pillar for his administration. “My administration will continue to seek private partnerships with credible private sector businesses to help reduce the housing deficit in our country,” Pierre stated, echoing the approach that guided the negotiation of this new financing package.

    The new $20 million facility builds on existing progress SLDB has already made in expanding affordable homeownership. In 2025 alone, the state development bank approved roughly $11.5 million in concessionary housing loans, which supported both first-time purchases and critical home improvement projects for lower- and middle-income families. Industry observers and government officials expect the new guaranteed facility to substantially boost Saint Lucia’s overall housing finance capacity, unlocking new supply of affordable homes for thousands of households that have struggled to access sustainable home financing in the past.

  • BPWCCUL teaches children to make smarter money choices

    BPWCCUL teaches children to make smarter money choices

    Building lifelong healthy financial habits starts long before adulthood, and one major Barbadian financial institution is working to give young people a head start on smart money management. The Barbados Public Workers’ Co-operative Credit Union Limited (BPWCCUL) recently launched its annual Before the Bell Rings Back-to-School Financial Literacy Workshop, an event dedicated to introducing core financial concepts to children and teens aged 7 to 16. Held on Thursday at the credit union’s Belmont Road branch in St Michael, the 2024 workshop welcomed 70 young participants from across the island.

    According to BPWCCUL Marketing Officer Khadija Millar, the initiative serves two key goals: to lay a strong foundational understanding of personal finance for children, and to complement the credit union’s existing Back-to-School Loan promotion for families. “We structured the workshop specifically to include children of parents who have applied for our back-to-school loan, and we’ve also formed an official partnership with the government’s One Family Programme, which connects vulnerable households across Barbados with critical resources,” Millar shared in an interview after the event.

    Unlike abstract classroom lessons on finance, the workshop centers entirely on practical, actionable skills that children can incorporate into their daily lives right away. Core topics include creating a basic budget, building consistent saving habits, and learning how to distinguish between non-essential wants and necessary needs — concepts that even young children can apply to their allowance, gift money, and back-to-school shopping. “Getting an early start with these fundamentals makes such a difference. By learning how to set money aside for future needs, prioritize spending, and make intentional choices at a young age, these kids carry that knowledge with them for life,” Millar explained.

    To ensure all lessons matched participants’ developmental levels, organizers split attendees into two age-based groups with tailored activities and curricula. For the 7 to 10-year-old group, sessions leaned into playful, interactive learning, including hands-on presentations, educational games, and guided group discussions that made money management feel approachable and fun. Older participants, aged 11 to 16, engaged with more advanced content through a structured financial challenge, collaborative group discussions, and a open question-and-answer session designed to deepen their understanding of long-term smart money habits.

    Millar emphasized that this age-based segmentation was a deliberate, critical part of the workshop’s design. “Younger kids learn best through play and interaction, so we built their activities around that. For teens, we can dive a little deeper into how budgeting and saving work in real life, while still reinforcing the same core fundamentals that apply to every age,” she said. Overall, the event’s organizers hope the lessons and skills taught at the workshop will stick with participants as they grow into financially independent adults.

    Kyle McCollin, BPWCCUL’s Loans Recovery Officer who led sessions for the 11 to 16-year-old group, echoed that sentiment, noting that early financial education is an investment in young people’s long-term success. “Today we come together to learn, grow, build smart money habits for the future,” McCollin said. He also extended gratitude to parents and guardians who encouraged their children to attend, highlighting that adult support plays an irreplaceable role in helping young people build the confidence to make sound financial choices. “Your support plays a vital role in helping them develop the knowledge and confidence to make wise financial decisions,” he added.

  • Senior cops targeted in cocaine probe

    Senior cops targeted in cocaine probe

    A high-stakes narcotics investigation into missing cocaine seized from a Jamaican police storage unit has expanded to target nearly a dozen senior police officers and military personnel, according to insider sources familiar with the case. The sprawling probe was first triggered in early 2024 when two unrecorded parcels of cocaine were uncovered during an internal audit of a storage facility at the now-disbanded Counter Terrorism and Organised Crime Division (C-TOC) of the Jamaica Constabulary Force (JCF), launched after the arrest of C-TOC police inspector Martin Walker. Walker was taken into custody on January 8, after law enforcement found an undisclosed amount of cocaine in his personal vehicle during a routine operation.

    Beyond investigating the unaccounted cocaine found in the C-TOC storage facility, investigators are now working to verify claims that members of law enforcement deliberately underreported the total quantity of cocaine seized during a separate earlier anti-narcotics operation in western Jamaica. The scale and severity of the probe became public knowledge this week, when agents from Jamaica’s Major Organised and Anti-Corruption Agency (MOCA) executed a search warrant at the St Andrew residence of a high-ranking former C-TOC officer. Witness accounts confirm the officer was led away in handcuffs before investigators accompanied him to two additional search locations in St Andrew and Clarendon, where more evidence was potentially collected.

    In an official statement confirming the operations, MOCA communications director Major Basil Jarrett acknowledged that the agency’s agents were carrying out court-authorized search and seizure warrants at multiple sites across Jamaica’s Corporate Area as part of an ongoing, active investigation. However, Jarrett declined to share additional details about the targets or potential evidence collected, citing the extreme sensitivity of the probe. “Due to the sensitive nature of the investigations and today’s operations, I am unable to divulge any additional details, except to say that the public will be apprised of more as soon as we are in a position to safely and responsibly do so,” Jarrett said in a prepared comment.

    Weeks after the initial discovery of unaccounted cocaine in the C-TOC storage facility, JCF Police Commissioner Dr. Kevin Blake ordered the transfer of more than 40 officers assigned to the division, a personnel shakeup that has since been tied to the early stages of the internal investigation. The disbandment of C-TOC followed the discovery of the irregularities, marking one of the most high-profile internal corruption probes targeting Jamaican law enforcement in recent years.

  • Green transition ‘could push up’ electricity prices

    Green transition ‘could push up’ electricity prices

    As Barbados pushes forward with its ambitious shift from fossil fuels to renewable energy, a top industry figure has sounded a clear note of caution: consumers should prepare for temporary increases in electricity bills as the transformation unfolds. Stephen Worme, a council member of the Barbados Chamber of Commerce and Industry and former chief executive of national utility Barbados Light & Power, outlined the dual infrastructure challenges that are driving these potential cost impacts in an interview.

    Worme explained that the transition requires two layers of investment that cannot be avoided. On one hand, the country must purchase and install new specialized equipment to integrate growing volumes of wind and solar power into its electricity network. On the other, existing conventional fossil fuel-powered generation capacity cannot be phased out prematurely, and must be kept operational to guarantee consistent grid stability and reliability throughout the transition period. This dual system maintenance and expansion means additional operational and capital costs that will ultimately be passed to end users, Worme confirmed.

    “There’s no way around this temporary cost bump,” Worme said. “We need to bring in new infrastructure for renewables, but we also have to keep our older legacy plants running to make sure the transition doesn’t hit disruptions. At this point, it’s too early to put an exact figure on how much rates will rise, but consumers will feel some impact. The good news is that the Barbados government is already working proactively to mitigate these increases as much as possible.”

    Worme emphasized that framing the transition’s cost purely around near-term rate increases is a short-sighted approach. The alternative — letting grid stability slip during the shift — would carry far heavier economic costs for both local businesses and households, he argued. If power supply becomes unreliable, companies across all sectors will be forced to spend thousands on private backup generators and emergency power systems to keep operations running. For consumers, that unreliability would translate to delayed goods, interrupted services and even indirect price hikes as businesses pass on their backup infrastructure costs to customers.

    The Barbados Chamber of Commerce and Industry has been actively engaged in closed-door discussions with the Barbados government to shape a balanced transition framework that prioritizes two core goals: keeping electricity as affordable as possible for households and businesses while safeguarding the long-term reliability of the national grid. “We aren’t just focused on pushing down immediate costs,” Worme explained. “We’re committed to getting the balance right between affordability and keeping the lights on through every stage of this process.”

    Beyond grid stability, Worme stressed that long-term energy security must be centered in any conversation about the transition, especially against the backdrop of ongoing global conflicts that have thrown international energy markets and fuel supply chains into chaos. By building out domestic renewable energy capacity, Barbados can cut its reliance on imported fossil fuels, insulate its economy from global price volatility and lock in greater long-term energy independence. This strategic benefit alone, Worme argued, justifies the temporary near-term costs.

    For Worme, the tradeoff of small near-term price increases for major long-term gains is a worthwhile one. “If we accept paying just a little more now to get this transition right, we’ll end up with lower overall costs, more stable supply and greater energy certainty down the line,” he said. “That’s a net gain for every single Barbadian.”

  • BCCI pitches plan to lower consumer prices

    BCCI pitches plan to lower consumer prices

    As Barbados grapples with persistent upward pressure on everyday consumer costs, the island nation’s leading business advocacy group has formally submitted a comprehensive set of policy proposals to the government, centered on restructuring tax and duty calculation for imported goods to drive down retail prices.

    At a recent press briefing, Barbados Chamber of Commerce and Industry (BCCI) President Paul Inniss outlined that the proposal is the result of 12 months of ongoing negotiations with the country’s Minister of Business and Energy, focused on the existing Price Compact initiative, a government scheme designed to stabilize essential goods costs. Unlike preliminary discussions that only explored expanding the range of goods covered by the compact, Inniss noted the chamber’s formal submission goes far beyond incremental adjustments, targeting fundamental changes to how import-related taxes are computed.

    Inniss explained that the BCCI has conducted detailed analysis proving that revising the methodology for calculating duties and other levies on goods entering Barbados would translate directly to lower price tags for end consumers. “We actually were able to demonstrate that there is a way in which the calculation of duties and so forth, on entry to the country can actually result in a direct lower price to the customer,” he told reporters. Talks between the business chamber and government remain ongoing, and the BCCI is also collaborating closely with the Ministry of International Trade to develop additional strategies for reining in accelerating price growth across the country.

    Beyond tax policy adjustments, Inniss emphasized that tackling rising consumer costs requires broader systemic reform of Barbados’ business operating environment. Outdated, inefficient operating processes and unnecessary regulatory friction add billions in unnecessary costs to the national economy each year, he argued. “The first challenge for us in Barbados from a business perspective is the ease of doing business, and the amount of friction, the amount of wastage, the amount of inefficient or very archaic ways of doing business,” Inniss said. The BCCI president added that businesses also face headwinds in driving broader adoption of new innovations across the local economy, a shift that often requires large upfront investments from both public and private stakeholders. Streamlining regulatory processes and cutting bureaucratic waste, he stressed, would directly reduce operational costs that are ultimately passed to consumers. “I think if we can fix that, there’ll be positive consequences around costs. I think we can reduce and take a lot of costs out of how we do business and that will also impact the cost of goods and services,” he added.

    Joining the discussion on sustainable price reduction, Winston Moore, Professor of Economics and Deputy Principal of the University of the West Indies at Cave Hill, highlighted the often-overlooked fundamental connection between workforce and operational productivity, long-term price stability, and national economic growth. Defining productivity as the volume of output generated per unit of labor or capital input, Moore explained that productivity gains directly translate to the ability to offer goods and services at lower price points. “If I can get more output given the same amount of labour or more output given the same amount of capital, that means that I’m essentially more productive. Not only more productive, but I can actually supply that good or service to the consumer at a lower price,” he said. Beyond lower consumer costs, increased productivity also drives expanded economic activity and accelerates overall national growth, creating a positive feedback loop for the Barbadian economy, he added.

    Globally, Moore noted that digital transformation, new technologies and artificial intelligence have emerged as the core drivers of productivity growth for both labor and capital across developed and developing economies. However, he warned that Barbados risks falling behind global competitors if it fails to prioritize investment in new tools and workforce upskilling as technological shifts reshape industries worldwide. “One of the important things we must do as a nation is that we have to make sure that not only are we utilising these technological services, but we’re not falling behind,” he said. To keep pace, he added, the country must allocate sustained investment to workforce training and digital infrastructure, ensuring both local businesses and workers have the skills and resources needed to leverage new technologies for maximum productivity gains. “It needs investing in training, investing in the technology to make sure that our companies and that labour is also trained to best utilise this technology at the end of the day,” Moore said.

  • BCCI eyes South America supply routes to bypass costly North American shipping

    BCCI eyes South America supply routes to bypass costly North American shipping

    As Barbados grapples with persistent cost-of-living and affordability crises, the country’s leading private sector business organization has mapped out a targeted strategy that could slash prices of key imported food staples by at least a quarter, if proposed logistics overhauls are implemented.

    In a public forum focused on addressing rising living costs held Thursday, Barbados Chamber of Commerce and Industry (BCCI) President Paul Inniss outlined the private sector’s ongoing efforts to overhaul food supply chains, eliminate avoidable markup costs, and ease financial pressure on local households and businesses. Currently, most of the Latin American-origin food sold in Barbados follows an indirect shipping route: products are first sent to North America, then transported south to the Caribbean island, a circuitous path that piles on extra logistics and handling charges that are ultimately passed to consumers.

    Inniss told attendees of the forum, which also included University of the West Indies (UWI) Cave Hill campus Deputy Principal Professor Winston Moore, that BCCI has already identified alternative overseas source markets that can supply fresh fruits, vegetables and other core food items at lower base costs. The organization has been working around the clock to connect its member businesses with these new supply options, after confirming that direct, efficient shipping from these markets could deliver the 25% retail price cut.

    “We have met recently with the Brazilian Ambassador to discuss trade logistics, and our review confirmed that nearly all Brazilian food products already sold in Barbados travel through North America before reaching our ports,” Inniss explained. “This roundabout arrangement adds massive unnecessary costs to local businesses. While securing lower base prices from new source markets is a key breakthrough, the biggest hurdle we now face is fixing the logistics to move these goods directly to Barbados.”

    If the private sector can establish reliable, efficient direct shipping links from Latin American source markets to Barbados, Inniss confirmed the 25% price reduction for imported produce and other foods is a achievable target. He added that while global supply chain disruptions are outside of Barbados’ control, local stakeholders can leverage innovation, streamlined processes and better cross-sector collaboration to cut unnecessary costs across the entire business ecosystem.

    As part of its broader cost-reduction push, BCCI has also built close working partnerships with key local stakeholders including Bridgetown Port, the Customs and Excise Department, the banking sector and the energy industry. The organization’s goal is to identify, reduce or eliminate unnecessary administrative delays, hidden charges and frictions that drive up operating costs for businesses and consumer prices. Inniss emphasized that solving Barbados’ cost-of-living challenge is a collective responsibility: no single institution or sector can deliver relief alone, requiring coordinated action from government, the private sector, labor groups, regulators and ordinary Barbadians.

    Professor Moore also shared details of UWI’s contributions to the national effort to lower living costs. The university is training new cohorts of specialized graduates in data analytics and software engineering, who will enter local businesses to implement innovative, cost-cutting operational improvements. Recognizing that food and energy are the two largest components of local consumer costs, UWI has also launched research initiatives through its Centre for Agricultural Research and Innovation to develop new solutions to boost domestic agricultural production, alongside ongoing work to address high energy prices.

    On outstanding trade facilitation reforms such as seaport pre-clearance procedures – a change that would also reduce consumer prices by cutting clearance delays – Lalu Vashwani, chair of BCCI’s Customs and Trade Facilitation Committee, set a target of October 1 for resolving the open issue. However, he stressed that meaningful progress will require increased commitment and collaborative will from all involved stakeholders.