Category Archives: Business

Why weren’t charges laid in attack upon Barbados Immigration Officer?

walter maloney Barbados

We might be wrong here, folks. We HOPE that we are wrong.

BUT… we have two people telling us that a foreigner punched out a Bajan Immigration officer at the airport …. and that management backed away and laid no charges. The Immigration officer is still on sick leave but no charges were laid.

WTF?

Yes. Exactly.

President of the National Union of Public Workers Walter Maloney confirmed much of the story at a symposium at Workplace Violence Awareness Day.

So what is the story? Let’s hear it!

above: Walter “lots of excuses” Maloney; President of the National Union of Public Punching Bags.

Go figure… Immigration officer attacked 

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Filed under Barbados, Blogging, Business, Environment, Ethics, Freedom Of Information, Grenada, Immigration

A real Barbadian international business success story: Automotive Art promotes training in Barbados to attract new USA business!

Automotive Art Barbados training

Need an automotive paint system in the USA? Come to Barbados for training… in January.

Our own Bajan automotive paint supplier is leveraging their Barbados training centre to sell product throughout the USA. I love it!

by Robert

Please pardon me while I reminisce for a bit…

A long time ago my father advised that if I wanted to become a professional pilot as he was, I should first become a certified aircraft mechanic. (Certain folks will cringe at the word “mechanic” and want the word changed to “technician” or “maintenance engineer” depending if they live in America or Europe. Noted, but I’m old school and will continue to say “mechanic”. I also hold DC-3 & 727 type-ratings – master certifying mechanic and command pilot -, so put that in your tonic and gin too.)

My father knew that pilots come and go according to the ups and downs of the airline industry, and that a medical down-check can leave a professional pilot begging in the streets. He wanted me to have a valuable skill to fall back on, and I’m grateful I listened to him. My career as a professional pilot lasted only 7 years, and I made little money compared with my 20 years crawling on my back underneath aircraft with rivet gun or wrench in hand.

My father also told me that there was nothing quicker and easier than a new coat of paint to increase the value of a used aircraft, boat or car.

Young men should pay careful attention to that statement because it is true: There is nothing quicker and easier than a new coat of paint to increase the value of a used aircraft, boat or car.   Continue reading

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Filed under Barbados, Business, Technology, Uncategorized

A camel named Barbados

Barbados Taxes

In case anyone hasn’t noticed, opposition to the new Solid Waste Tax is turning into a national cause – uniting taxpayers across party lines. It may well be the proverbial ‘straw’.

The sight of Opposition Leader Mia Mottley cursing the government for introducing the tax is laughable though – considering that it was Mottley and Arthur and their BLP who robbed de place bare when they were the government. Had the BLP government acted properly when in power, Barbados would be in much better shape today.

We’re broke. Something has to give and both parties are responsible.

But this tax is not going to fly. People haven’t got it, and they can’t pay what they don’t have and won’t ever have.

Freundel Stuart should read some books on what happened 1937.

Different situation, I know, but this kettle is already boiling and the Municipal Solid Waste Tax just turned up the heat.

Thanks to talented artist Connie O’Neill for allowing us to steal her drawing.

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Filed under Barbados, Business, Business & Banking

A solution for financial problems dogging the University of the West Indies

cave-hill-barbados-uwi

“Acknowledging how WORTHLESS most of the UWI degree programmes are to society and to the earning power of individual students would be a good start.”

UWI is sinking financially, but that might be a good thing

by Nevermind Kurt

by Nevermind Kurt

The Government of Barbados is behind in promised payments to the University of the West Indies by over US$100 million dollars.

Tongue in cheek as a taxpayer (and not a tax-vampire like so many of my fellow Bajans) I say that you can look at it as BDS$200 million and hope the currency will be devalued. Or you can value the debt in Jamaican dollars (11,190,083,000.00 JMD). Or Mexican pesos. Or Japanese Yen…

It really doesn’t matter how it’s counted it if Barbados can’t honour it…

And Barbados cannot make the promised payments to UWI. We are making thousands redundant in the civil service, cutting infrastructure development and maintenance, and still the government can’t meet continuing payrolls without further borrowing. There is no money for UWI.

For all his book-learning, Sir Hilary Beckles can be pretty thick at times, but at least he had the courage to speak the truth yesterday talking to Barbados Today, saying “In my own judgment I think if the Government had the resources they would have made them available to us, but the fact is that they don’t have them”.

That’s correct, Sir Hilary: no money, no honey. The coin jar is empty.

Sir Hilary’s solution, however, is to forgive tuition to students this September and hope that Barbados somehow comes up with the money.

Sir Hilary, PAY ATTENTION!

Here is where the academic world and the real world collide…

HOPE IS NOT A STRATEGY.

A better idea: Shut down UWI at Cave Hill. Teach young people to install toilets, mix concrete, grow crops.

How many degree-holding sales clerks can Bridgetown support? How many useless BAs in Linguistics, French, Fine Arts, Creative Thinking, Philosophy and Social Studies can a small island nation of 250,000 citizens support?

How many lawyers do we need on this island? How many mathematicians with a BSc in pure mathematics?

Why do we continue to educate a huge proportion of our young people with degrees that they will never be able to profit from unless they leave not only Barbados, but the Caribbean?   Continue reading

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Filed under Barbados, Business, Consumer Issues, Education

Harlequin H Hotel now billboard for The Flying Chicken – coming soon!

Before…

Harlequin Barbados Signs

Last Night…

Harlequin Barbados Flying Chicken

Our thanks to reader “J”

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Filed under Barbados, Business

Canada’s Sault College receives $440,000 to assist Samuel Jackman Prescod Polytechnic

Keep that foreign money flowing folks… We need it!

canada_barbados_flag

by passin thru

Times are tough on the rock and a lousy $440,000 Canadian dollars doesn’t sound like it would buy much of anything ’bout this place after VAT is considered too.

But, beggars can’t be choosers and all that.

What’s going to happen with all this money? Well, first off it’s not coming right away. Sault College “will receive” the money from the Canadian government over the next two years as the joint programme with Prescod Poly to “collaboratively develop training over the next two years to support a growing renewable energy industry in Barbados.”

Must be something I’m missing about a “growing renewable energy industry” because the last time I looked it was a solar water heaters business was destroyed with a joint venture with Nigeria. (Like that would work out!)

After Owen Arthur threw away $2.4 million dollars of taxpayer money, Aqua Sol went broke and the Trinis bought it up and changed the name to Solaris Energy Limited. It looks like the new manufacturing facility in St. Phillip is always busy, and let’s hope it stays that way – but that is just one company. Pray this new seed money from Canada actually sprouts something and doesn’t just drip away like usual.

But hey, we’ll take the money and do the training or whatever. Just send the money.

What? No plan yet? Hey… gimmie the money and we’ll come up with a plan by sundown!

The two Institutes will work together over the next few months on developing a detailed project plan. Implementation will begin in April 2014.

“We will be planning and implementing key activities such as labour market analysis, curriculum development, teacher training, facilities and equipment enhancements as well as student and faculty exchange between April 2014, and March 2016,” says Ted Newbery, Chair of Continuing Education at Sault College.

Read the whole story: Sault College joins in Bajan school program

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Filed under Barbados, Business, Canada

More UK government attacks on Global Tax Avoidance and Income Shifting

Caribbean-bank-money_laundering

Barbados had better develop some new revenue streams… like yesterday!

submitted by Not Taken

Luxembourg / Barbados / Marshall Islands – tax avoidance and income shifting is all the same shell game but it’s becoming more difficult to hide due to computers and the communication and lobbying powers of the internet.

The Brits are out to stop the game. Canada (CRA) and US (IRS) are cracking down. Barbados is very exposed. Our Government should be prepared to see its revenue from offshore businesses to decline substantially. The billion of new Treasury Bill funding to pay its bills will disappear quickly.

And at the same time as our offshore banking and companies hosting industries are coming under pressure, our tourism seems to be in a death spiral.

Many of us foresaw this situation coming ten years ago. Only fools couldn’t see it coming five years ago.

So far I’ve heard nothing from either the DLP or the BLP except excuses and criticism without solutions capable of addressing this crisis. This is not a time for gentle, incremental solutions: it is a time for radical changes, not more of the same.

Have a look at this from a Canadian newspaper…

Amazon’s U.K. unit slammed for ‘pathetic’ $3.7-million tax bill

Amazon.com Inc.’s main U.K. unit paid $3.7-million (U.S.) of taxes on its 2012 income, it said on Wednesday, despite group UK sales of $6.5-billion, prompting criticism from lawmakers and competitors.

Amazon.co.uk Ltd. added in its accounts, published through the U.K. companies register, that it received £2.5-million ($3.8-million U.S.) in government grants during 2012 – just ahead of the £2.4-million it paid in corporation tax, the U.K. form of corporate income tax.

Corporate tax avoidance has risen to the top of the political agenda in Europe following revelations in the past couple of years about how little big names like Apple Inc., Starbucks, Google and Microsoft pay in tax in markets where they reap billions of dollars in sales.

The companies say they follow the rules but U.K. Prime Minister David Cameron has called for international action on the shifting of profits, which can help firms cut tax bills. Continue reading

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Filed under Barbados, Barbados Tourism, Business, Business & Banking, Economy