The Bottom Line

Cave Shepherd: Have cash, will carry on investing

Patrick R. Hoyos Published April 11, 2011
Cave Shepherd & Co. Ltd., one of Barbados’ oldest trading firms, posted another difficult year, although not as gruelling for the company as the previous one, according to its most recent ...
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Sir Allan: BHL acted within its legal and historical conventions

Patrick R. Hoyos Published April 1, 2011
“I would like to think that time will prove that we took the right decision,” says Banks Holdings Ltd. chairman Chairman of Banks Holdings Ltd. Sir Allan Fields has been criticised by m...
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BHL profits fall 17% for fiscal 2010

Patrick R. Hoyos Published March 22, 2011
The three million dollar fall in after-tax profits at Pine Hill Dairy, from Bds$3.2 million in fiscal 2009 (yearend Aug. 31) to just $300,000 last year, accounted for part of Banks Holdings group $1...
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Pine Hill Dairy hurt by “fierce” competition in juice market

Patrick R. Hoyos Published March 22, 2011
The fall-off in revenue of Barbados Dairy Industries Ltd (The Pine Hill Dairy), a majority-owned subsidiary of BHL, in the financial year which ended August 31, has helped to reduce the overall net ...
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Skeete: Emera got a really good deal

PATRICK HOYOS Published February 15, 2011
Emera Inc., the Canadian company which recently made an offer to purchase the remaining 62% of the shares in Light & Power Holdings Ltd. which it did not already own, in a press release issued las...
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The CIL 8% legacy: Cents on the dollar

PATRICK HOYOS Published December 15, 2010
As we noted last week in this space, it has been recommend to the Barbados Cabinet to guarantee only the money invested by individuals in Executive Flexible Premium Annuities. The EFPA liability to in...
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The CIL blame game

PATRICK HOYOS Published December 8, 2010
Facing a $211 million EFPA deficit, should the Barbados government put some of the blame on “sophisticated investors”? Governor of the Eastern Caribbean Bank Sir Dwight Venner said last week, as r...
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US-dependent tourist destinations will fare better than those looking to Europe this year, says the CTO

Published June 24, 2010
The outlook for Caribbean tourism this year is “mixed, with those depending on the US markets having better prospects than those accessing the bulk of their business from Europe,” reports the Cari...
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Entrepreneurship is a journey: Your first idea is not always your best one, says James Caan

PATRICK HOYOS Published June 15, 2010
“When you’re an entrepreneur, the first $50,000 is the toughest amount of money you’ll ever raise in your life,” says multi-millionaire entrepreneur James Caan. He adds: “Raising $5 million ...
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At BHL, every day is “appreciation” day

PATRICK HOYOS Published May 25, 2010
No matter how excited I might be about getting behind the wheel of a brand new car, the few times I have done it have made me feel somehow cheated.  That’s because they say that the minute you driv...
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