A surprise move – Minister Weir – Barbados Today


The decision by Pinnacle Feeds Limited to substantially increase the price of animal feeds from next month is not sitting well with Minister of Agriculture and Food Security, Indar Weir.In fact, Weir has suggested that Government might have to start looking for additional suppliers if a compromise is not reached.His comments have come following reports that Pinnacle Feeds was planning to hike the price of animal feeds by 26 per cent beginning August 1.In a letter addressed to Weir dated July 28, chief executive officer of the Barbados Agricultural Society, James Paul indicated that he had been made aware of the pending price hike.Paul said Pinnacle Feeds claimed the move was necessary due to the sustained increase in the price of corn on the world market.
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Beacon Insurance ratings reaffirmed but challenges threaten - Barbados Today

Caribbean Information and Credit Rating Services Limited (CariCRIS) has warned that current economic challenges facing Barbados and other Eastern Caribbean states could impact Beacon Insurance Company Limited’s profitability and growth.The ratings agency gave that caution even as it reaffirmed the insurance company’s assigned corporate credit ratings of CariA- (Foreign and […]