Category Archives: Business

Soleco hoping to invest US$45m in Barbados

A Jamaican-based company is set to invest US$45 million in the local renewable energy market once all the requisite government approvals are granted. The clean energy projects planned by Soleco Energy Limited, will see the construction of three 10 MW (total capacity of 30MW) solar photovoltaic plants in Barbados. Angella Rainford, CEO and Founder of […]

Calypso drilling programme yields gas

News Ryan Hamilton-Davis 14 Hrs Ago BHP Billiton Invaders Bay Tower, Audrey Jeffers Highway, Port of Spain. – PHOTO BY SUREASH CHOLAI BHP Billiton announced that it encountered hydrocarbons in all its appraisal holes in Trinidad and Tobago’s Calypso appraisal drilling programme, in its 2022 operational performance and financial report. The report said the drilling […]

Education: an essential tool for agriculture in the 21st century

It is… a matter of priority to align actions with future demands and to drive the development of agro-technical education, by modernizing rural educational institutions to prepare qualified resources among rural youth, fostering rural retention, linkages with the production sector and the integrated and inclusive development of rural areas and their people. Education is an […]

FLOW, UNICEF join safer Internet Day

More than 290 regional educators and guidance counsellors are now better equipped to identify and deal with online threats facing adolescents and young adults. In observing Safer Internet Day on February 8, leading telecoms provider Flow partnered with UNICEF to present a virtual conference entitled ‘Online Safely: What to Lookout For’. “Making the internet a […]

What it is and why it’s important

Business Mark Lyndersay 2 Days Ago Screenshot of the Sandbox virtual world. – On January 31, the government of Barbados and the Caribbean Telecommunications Union (CTU) presented a webinar titled, Traversing the Metaverse: A Caribbean Perspective. The Barbados government previously announced in November, last year, that it would be establishing a virtual embassy, signing an […]

Chevron dodging ‘between the raindrops’ of US, Venezuela impasse

The United States government is contemplating an approach made to it by the oil giant Chevron, seeking to allow it to accept oil from cash-strapped Venezuela as payment for services rendered to that country’s oil industry, Reuters reported earlier this week. The report stated that representatives of the US oil company had engaged American diplomats […]

Agostini’s first-quarter revenue up 17% to $1.14b

Business Ria Chaitram Just Now Oscar Francois Ltd in Port of Spain. The pharmaceutical company was acquired by the Agostini’s group in 2021. – File photo/Angelo Marcelle Agostini’s Ltd has reported an increase in revenue of 17 per cent, up from $968 million to $1.14 billion for the first quarter of its 2021/2022 financial year. […]

The Hairdressing Industry – Stabroek News

A career in the hairdressing industry requires a working knowledge of haircutting techniques. The hairdressing industry is the field concerned with creating and maintaining a wide variety of hair styles that can frequently change according to popular trends. Skilled professionals in this area of the cosmetology industry are able to cut, colour, style, and alter […]

National Enterprises earns after-tax profit of $881m

News Ryan Hamilton-Davis 3 Hrs Ago National Flour Mills (NFM) in Port of Spain. NFM is an investee company of National Enterprises Ltd. – File photo/Jeff K Mayers The National Enterprises Ltd (NEL) earned an after-tax profit of $881 million for the nine-month period up to December 31, 2021. NEL reported $881,583,000 in profit after […]

Suriname needs new paradigm for development – Santokhi

Suriname Head of State, President Chandrikapersad Santokhi says he believes the factors affecting the development of the Dutch-speaking Caribbean Community (CARICOM) country are not economic in nature and called for greater collaboration among stakeholders. “I do know that our standards and values or the absence of thinking and acting in unity and togetherness are partly […]