IMF and Developing Nations: A Relationship of Inequality The International Monetary Fund (IMF) is a global organization that provides financial assistance to member countries facing economic challenges. The IMF aims to promote international monetary cooperation and stability, facilitate the balanced growth of international trade, and provide resources to assist member countries in need. The policies and programs of the IMF often have a significant impact on the economies … Read More
5 Investment Strategies: To Grow Your Wealth Safely and Securely Investing can be a great way to grow your wealth, but it can also be risky if you don’t have a solid plan in place. That’s why having a sensible investment strategy is so important. In this article, we’ll discuss some tips and best practices for making smart investment decisions that can help you grow your wealth safely and securely. … Read More
VAT Hike and Income Tax Cut: Potential Winners and Losers Barbados, like many other countries, is faced with the challenge of balancing the need for revenue generation with the need for an equitable tax system. One potential solution that has been proposed is raising VAT and lowering income tax. In this blog article, we explore the potential impact of such reforms on the Barbadian economy and society, with a particular … Read More
Working From Barbados Explained Barbados, known for its beautiful white-sand beaches and rich island culture is an allure for vacation travel seekers. But why wait for Vacation? Now one can immerse themself in the tranquil island living while working from Barbados/Paradise. The Barbados Welcome Stamp is a 12-month visa offered to non-nationals who are employed in a country other than Barbados and who are … Read More
Barbados Optional Savings Scheme (BOSS) Registration The registration form for the Barbados Optional Savings Scheme (BOSS) is now available for public workers to sign on. The form is available here for completion. Important Notes In order to complete the form, it is necessary to know your net salary. A calculation sheet is provided on the form.If the total value of all the Bonds requested by all workers … Read More
The Barbados Optional Savings Scheme (BOSS) Explained This is an introduction to the Barbados Optional Saving Scheme (BOSS) which will introduce a public sector salary bond. Read More
The Gig Economy Explained When I first read about this term I thought it was a typo for “Big economy”. It turns out I was wrong and that ‘gig economy’ is a legitimate emerging trend. ‘Gig’ is the slang used by many to refer to temporary work and the reference is quite the same in the context of the gig economy. A gig economy … Read More
Victoria Mutual Investments Limited stake in Carilend Peer to Peer Lending company, Carilend Caribbean Holdings Limited, announced that a 30% stake was acquired by Victoria Mutual Investments Limited (VMIL) of Jamaica. In addition, Kailash Pardasani, a Barbados based, serial entrepreneur acquired a further minority stake. “This partnership between Victoria Mutual Investments Limited and Carilend is the first step in expanding Carilend’s fintech capabilities across the region. … Read More
Facebook Developer Circle Guyana Facebook has announced plans to invest in building and growing the developer community in Guyana through the launch of a local chapter of the Global Developers Circle (DevC). Developers Circle from Facebook is a program for developers all over the world to connect, learn and collaborate. Chapters are community-driven, free to join and provide a platform for members to share … Read More
What is Bitcoin? Released as an open-source software in 2009, Bitcoin is often credited as the world’s first cryptocurrency and is best defined as a digital currency that only exists electronically. Bitcoin is decentralized, meaning it doesn’t have a central issuing authority or political institution that controls the amount of bitcoin in circulation. But the Bitcoin platform is far from anarchy. Bitcoin uses … Read More