Two dozen more laid off at the B.A.M.C.

About two dozen employees of the state-owned Barbados Agricultural Management Company, B.A.M.C. were handed retrenchment letters today as a restructuring at the agency continues as part of government’s economic restructuring and transformation plan. About a hundred workers have so far been laid off from the B.A.M.C. which manages the country’s lone sugar factory along with […]

Barbados gets another credit rating upgrade.

Barbados’ credit rating has been again upgraded, the second in recent months, after a long series of downgrades over the past several years. It’s a direct result of the recent successful renegotiation of the government’s domestic debt. The Caribbean Information and Credit Rating Services Limited (CariCRIS) today announced it has upgraded the Regional Scale Local Currency […]