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Barbados

After Bankruptcy Filing, Digicel Says It's Business as Usual

Staff Consortium | May 19, 2020

HAMILTON, Bermuda, CMC  — Digicel Group One Ltd, the telecommunications group’s Bermuda-based holding company, has gone into provisional liquidation here and also filed for Chapter 15 recognition at US bankruptcy court in Manhattan. But a spokesperson for Digicel, which operates in more than 30 markets in the Caribbean and South Pacific, said the moves would not impact the regular operations of the company and were aimed at strengthening the balance sheet. “It’s important to point out that this will have no impact on our day-to-day operations, our staff, our suppliers, our customers or any aspect of our ongoing activities — it is business as usual,” the spokesperson said. Digicel, which is owned by Irishman Denis O’Brien, is going through a major restructuring of some of the approximately US$7.4 billion of debt it carries so that it can continue…

LIAT Extends Suspension of Passenger Services to May…

Staff Consortium | May 15, 2020

LIAT on Thursday advised that it is extending the suspension of its passenger services to May 31st,…

Barbados Announces Unprecedented $1 Billion (USD)…

Staff Consortium | April 30, 2020

BRIDGETOWN, Barbados, CMC – Barbados Wednesday announced an unprecedented two billion dollar (One Barbados…

Barbados Negative Coronavirus Streak Ends With New…

Staff Consortium | April 23, 2020

BARBADOS — Barbados recorded its sixth death to COVID-19 on the same day that it confirmed its first…

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