Mirchandani : Alternative building not suitable

A building offered to the Mirchandani family by Government to relocate its Liquation Centre operations has been deemed by the company as not fit for business. Director of the Mirchandani Group of Companies, Ravi Mirchandani says a site located at Galba Lodge, Fontebelle, St. Michael not only lacks the physical space to operate, but it […]

‘Brexit Watch’

In a move with potentially significant implications for Barbados due to now certain Brexit, yesterday’s general elections in this country’s biggest tourism market has returned the conservatives and Brexit Hawk Prime Minister Boris Johnson to power. Following the election win, Prime Minister Boris said Britain would leave the European Union on January 31st, next year. […]

RBC sells Eastern Caribbean banks

Royal Bank of Canada(RBC) has signed a deal to sell its banking operations in the Eastern Caribbean, excluding Barbados, to a consortium of indigenous banks in the region. It’s a further sign of the move by Canadian-owned banks to reduce their involvement in the English=speaking Caribbean following CIBC’s sale of a large part of its […]