The Barbados Gov't is in the process of developing an online platform to connect taxis and small tour operators directly to cruise ship passengers
The gov't wants to help local transport operators capture a greater and fairer share of the ground tour business
The gov't said the App will allow operators at the Port of Bridgetown increased market access through the offering of branded, custom-designed tours, uniquely targeting clientele desirous of more intimate bespoke island tours
The initiative will also significantly enhance Barbadosβ cruise product offering, with the addition of more attractions and some diversification of traditional larger tours, while ensuring a greater share of the cruise business goes to taxi operators
How is it done in other countries?
Would it work in Jamaica?
How do I book a taxi or tour while on a cruise?
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For Jan to Mar 2021
β All segments beat last's year revenue and profitsπ
β Net profit attributable to shareholders for Q1 2021 was J$1.65 billion, up 25.6% or J$337.3 million
β That's impressive
β Mgmt says the results indicate additional gains in their operating margins & this is a continuation of their strong results
β Sales up 8.8%
β We highlighted it on Instagram yesterday and @dgwheby took the hint and mentioned the increased sales of Tastee Cheese and the rebound in sales that they are seeing π
β’ Produced a solid performance for Q1, says Mgmt
β’ Net profit to shareholders of $2.91 billion vs $1.88 billion for 2020
β’ Insurance businesses saw strong new business and portfolio growth
Last yearβs results were adversely impacted by
β’ significant unrealized capital losses
β’ expected Credit Losses (ECL)
β’ impairment charges and
β’ share of loss from the investment in Associate (Playa) as COVID-19 shocked financial markets
Investment Banking segment showed strong profitability this quarter
β’ Contributing $651.67 billion (excluding the share of AGIC earnings) to the Group
β’ a 22% improvement over prior yearπ
β’ Only other segment to grow was Commercial Banking
β’ Others declined