Subcommittee To Inform Public On MSME Policy

Joy-Ann Gill Ministry News

A public awareness subcommittee has been formed to disseminate information related to Government’s National Policy Framework for the Development of Micro, Small and Medium-Sized Enterprises (MSMEs). Launched last month, the subcommittee is tasked, among other things, to keep the public informed about the policy; suggest a methodology for general information sharing across the MSMEs; develop short-termed strategies; and determine ways …

Barbados Looking To Safeguard Intellectual Property

Joy-Ann Gill Top Stories

Within the National Micro, Small and Medium-sized Enterprises (MSMEs) Policy approved recently by Cabinet, plans have been laid out to safeguard the intellectual property of that sector. Permanent Secretary in the Ministry of Industry, International Business, Commerce and Small Business Development, Sonia Foster, pointed this out recently as she addressed the start of a three-day workshop for small and medium-sized …

Tap Into Ingenuity To Create Global Brands

Joy-Ann Gill Top Stories

Barbadians have been reminded that with precious few natural resources to boast of, they must tap into their ingenuity to create businesses and brands that are competitive globally, and they have also been urged to manage the associated intellectual property. This advice came yesterday as Permanent Secretary in the Ministry of Industry, International Business, Commerce and Small Business Development, Sonia …

Barbados Removed From European Union Blacklist

bgis Top Stories

Statement from the Ministry of Industry, International Business, Commerce & Small Business Development  Today January 23, 2018, the following statement was made by the Council of the European Union: “Taxation: Eight jurisdictions removed from EU list Eight jurisdictions have been removed from the EU’s list of non-cooperative jurisdictions for tax purposes, following commitments made at a high political level to …

Statement On European Union Tax Listing

bgis Top Stories

Statement from Minister of Industry, International Business, Commerce and Small Business Development, Donville Inniss, on the European Union list of non-cooperative jurisdictions in taxation. Good evening Ladies and Gentlemen, Let me take this opportunity to express my thanks to GIS and the media for responding at such short notice to the scheduling of this press conference. I also welcome our …

Inniss: Have Respect For Intellectual Property

Joy-Ann Gill Top Stories

One or two cases involving fake items being sold here do not signify an increase in fake items on the Barbadian market. Minister of Industry, International Business, Commerce and Small Business Development, Donville Inniss, emphasised this recently as he engaged media representatives who attended the LatAm Inward Mission at the Hilton Barbados Resort, Needham’s Point, St. Michael. “One must not …

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 …