Entry Into Force Of Barbados/Italy DTA

bgis Ministry News

The Double Taxation Agreement (DTA) between the Government of Barbados and the Italian Republic has entered into force in accordance with Article 30 of the Agreement. The instruments of ratification for the Convention for the Avoidance of Double Taxation with Respect to Taxes on Income and the Prevention of Fiscal Evasion  were exchanged by the Minister of Industry, International Business, …

Inniss: Business Continuity Plans Vital

Julie Carrington Top Stories

Recovery costs after a natural disaster strikes can run into billions of dollars and a government minister is advising all businesses to have an up-to-date business continuity plan to recommence economic activity as soon as possible. Minister of Industry, International Business, Commerce and Small Business Development, Donville Inniss, expressed this view today, while addressing the Barbados Employers’ Confederation one-day Business …

Stronger Ties For Barbados & Italy

Julie Carrington Top Stories

The exchange of instruments of ratification between Barbados and Italy to effectively conclude a Double Taxation Agreement was among the highlights of a visit to Barbados by Italy’s Special Envoy for the Caribbean, Paolo Serpi. Ambassador Serpi and Minister of Industry, International Business, Commerce and Small Business Development, Donville Inniss, officially exchanged the instrument, which was first signed in August …

Self-Assessment For Business Ministry

Julie Carrington Top Stories

The Ministry with responsibility for International Business is undertaking a detailed self-assessment of its current suite of products to pinpoint inefficiencies and identify strategies to effect change. This announcement was made today by Minister of Industry, International Business, Commerce and Small Business Development, Donville Inniss, as he addressed the Institute of Chartered Accountants of Barbados’ (ICAB) International Business Workshop at …

Consultancy Services For GEF Project

Theresa Blackman Ministry News

A new sustainable energy project entitled: Piloting a Resource Efficient Low Carbon and Circular Industrial Partnership Platform for Catalysing Eco-Innovation and Entrepreneurship in Barbados (RECIPPEE-Barbados) has been launched under the aegis of the Ministry of Industry, International Business, Commerce and Small Business Development. To this end, the two have signed a Joint Declaration dealing with the planning, design and implementation …

Entrepreneurs Told To Look Beyond B’dos

Theresa Blackman Top Stories

Industry Minister, Donville Inniss, has reiterated his call for budding entrepreneurs to look beyond these shores and to try their hand at conquering the global market place. Speaking this morning at Ten, an Entrepreneurial Network Caribbean Start up Summit at the Lloyd Erskine Sandiford Centre, Mr. Inniss contended that settling for conquering the local market alone should no longer be …

Continued Challenges For Small Economies

Theresa Blackman Top Stories

Commerce Minister Donville Inniss is of the opinion that too many small economies continue to be challenged due to their “narrow-minded” perspective on competition and the unsustainable size and influence of the State apparatus. He made these comments last Friday at the Fair Trading Commission’s (FTC) 13th annual lecture on Competition Policy and Economic Development – Is there a link …

New Deputy Chairman At FTC

Theresa Blackman Top Stories

Former Chairman of the Barbados Tourism Authority and Executive Director of the Elcock Family Group of Companies, Adrian Elcock, has been appointed to the position of Deputy Chairman at the Fair Trading Commission (FTC). Mr. Elcock takes over from Professor Andrew Downes, and officially assumed his position on Monday, January 9. Commerce Minister, Donville Inniss, thanked Professor Downes for his …

Public Alerted To More Product Recalls

bgis Top Stories

Members of the public are asked to note that the Department of Commerce and Consumer Affairs is aware of the recall of a number of products. In a brief statement released today, the Department listed that Tea Collection Inc. had recalled the Children’s Knit Blue Denim Jacket since the metal snaps on the jacket can detach, posing a choking hazard …

International Business Division Moving

Kathyann Husbands Ministry News

Members of the public are advised that the International Business Division of the Ministry of Industry, International Business, Commerce and Small Business Development will be closed on Friday, December 9, and Monday, December 12. The closure is to facilitate the Division’s move from the 7th floor to the 8th floor of Baobab Tower, Warrens, St. Michael. All telephone numbers will …