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Potential To See More Foreign Exchange
 9 March 2010
One locally-based manufacturing company's success in gaining FDA approval will translate into greater foreign exchange earnings for this country. Speaking at a press conference at Lenstec Inc. Barbados, Minister of Economic Affairs, Empowerment, Innova-tion, Trade, Industry and Commerce, Dr. David Estwick, commended the producer of intra-ocular lenses for winning the approval of the US Food and Drug Administration, noting this major breakthrough would create greater US market earnings, while increasing employment during this time of economic crisis.
US$30m For Modern BWA
9 March 2010
The Barbados Water Authority (BWA) is $60 million closer to modernisation.
Word of this has come from Minister of the Environment Dr Denis Lowe, who revealed yesterday that Government had successfully competed for a US$30 million IDB (Inter American Development Bank) loan, which would virtually kick-start the BWA's modernisation thrust.
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