Analysis of information sources in references of the Wikipedia article "Economy of Barbados" in English language version.
"In the Far East we will [by] concentrating on Hong Kong and using it as a conduit to get into the Republic of China. We have a double tax treaty with China. They have exported skills here by way of architects, carpenters, masons, etc., in the building industry, and we hope we can follow that up with trade, persons who are looking to do business using Barbados as a financial centre," he noted. Mr. Skeete stated that Chinese entrepreneurs who may be looking to set up businesses in the United States and Europe may find the double tax treaty a useful vehicle for which they can set up a company in Barbados, and route their business through that company.
Many Barbadians have now been out of work for some time and the number continues to grow, the BSS provides information on the length of time people have been searching for jobs. In March 2009 there were another 3200 persons seeking employment. The very disturbing statistic is that there had been 1600 people looking for jobs in vain for over a year." Dr. Worrell also revealed that the average Barbadian now earns between $200 and $499 per week, as he broke down the categories of earnings in Barbados. "There were 4400 workers, roughly estimated, who earned less than $200 per week. There were 32,800 workers who earned between $200 and $499 a week. 19,100, from $500 to $999 and 3700 workers who earned between $1000 and $1300, and 4100 who earned more than $1300 a week.
Intel Chairman Gordon E. Moore said: "We have utilized a variety of short-term programs over the last 18 months to attempt to bring demand and worldwide capacity into balance... It is clear, however, that there is no alternative to this longer-term adjustment." Intel is the largest employer on Barbados, and Moore's statement added: "We particularly regret the impact this will have on our employees, whose performance and commitment to Intel have been superb."
BARBADOS has made great strides as a nation since Independence, but Prime Minister Owen Arthur is not satisfied with it being just a developing country. He made the point during a recent reception at the Jamaica Pegasus Hotel in Kingston, Jamaica, which was hosted by him and the Honorary Consul of Barbados in Jamaica, Winston Bayley. It was the highlight of activities to celebrate Barbados' 40th anniversary of Independence. "My national improvement plan for the period 2005–2025 is that we should be successful in building a world-class society with a world-class economy, with a world-class social system and world-class infrastructure for the next generation of Barbadians," Arthur told his audience. He reminded them that Barbados already enjoyed free education at the primary, secondary and tertiary levels and that by 2020, the plan would be to give the University of the West Indies (Cave Hill Campus) all the land and financial capacity it needed to produce one university graduate per household within the time frame specified.
BAJANS may be far from being the wealthiest people on Earth, but they certainly aren't doing too badly in the money department. For, according to a global survey conducted by The Economist, Barbados was 52nd on the list of the world's wealthiest nations as measured by their per capita income – gross domestic product and purchasing power parity – but among members of the Organisation of American States, only the United States, Canada and The Bahamas had higher levels of economic well-being in 2003 than Barbados. Barbados' per capita income, GDP, was put at just under US$10 000, less than a third of America's at US$37 240. In addition, Barbados' was much less than Canada's US$27 190, and the Bahamas' US$16 590. On the other hand, Barbados' level of wealth per person was more than Trinidad and Tobago's US$8 010, Mexico's US$6 050, and Chile's US$4 590.
880. The principal semiconductor assembly operation in Barbados is the subsidiary of Intel. Intel, which opened its Barbados facility in 1977, assembles LSI circuits there. The Intel plant is expected to employ 2,000 workers by 1984. 130/Microdata, a United States-based manufacturer of minicomputers, has also establish an assembly plant on the island. Other electronics transnational corporations with plans in Barbados include Thomson-CSF (France), TRW (United States), and Thorn (United Kingdom).
{{cite journal}}: Cite journal requires |journal= (help)880. The principal semiconductor assembly operation in Barbados is the subsidiary of Intel. Intel, which opened its Barbados facility in 1977, assembles LSI circuits there. The Intel plant is expected to employ 2,000 workers by 1984. 130/Microdata, a United States-based manufacturer of minicomputers, has also establish an assembly plant on the island. Other electronics transnational corporations with plans in Barbados include Thomson-CSF (France), TRW (United States), and Thorn (United Kingdom).
{{cite journal}}: Cite journal requires |journal= (help)BARBADOS has made great strides as a nation since Independence, but Prime Minister Owen Arthur is not satisfied with it being just a developing country. He made the point during a recent reception at the Jamaica Pegasus Hotel in Kingston, Jamaica, which was hosted by him and the Honorary Consul of Barbados in Jamaica, Winston Bayley. It was the highlight of activities to celebrate Barbados' 40th anniversary of Independence. "My national improvement plan for the period 2005–2025 is that we should be successful in building a world-class society with a world-class economy, with a world-class social system and world-class infrastructure for the next generation of Barbadians," Arthur told his audience. He reminded them that Barbados already enjoyed free education at the primary, secondary and tertiary levels and that by 2020, the plan would be to give the University of the West Indies (Cave Hill Campus) all the land and financial capacity it needed to produce one university graduate per household within the time frame specified.
BAJANS may be far from being the wealthiest people on Earth, but they certainly aren't doing too badly in the money department. For, according to a global survey conducted by The Economist, Barbados was 52nd on the list of the world's wealthiest nations as measured by their per capita income – gross domestic product and purchasing power parity – but among members of the Organisation of American States, only the United States, Canada and The Bahamas had higher levels of economic well-being in 2003 than Barbados. Barbados' per capita income, GDP, was put at just under US$10 000, less than a third of America's at US$37 240. In addition, Barbados' was much less than Canada's US$27 190, and the Bahamas' US$16 590. On the other hand, Barbados' level of wealth per person was more than Trinidad and Tobago's US$8 010, Mexico's US$6 050, and Chile's US$4 590.
Many Barbadians have now been out of work for some time and the number continues to grow, the BSS provides information on the length of time people have been searching for jobs. In March 2009 there were another 3200 persons seeking employment. The very disturbing statistic is that there had been 1600 people looking for jobs in vain for over a year." Dr. Worrell also revealed that the average Barbadian now earns between $200 and $499 per week, as he broke down the categories of earnings in Barbados. "There were 4400 workers, roughly estimated, who earned less than $200 per week. There were 32,800 workers who earned between $200 and $499 a week. 19,100, from $500 to $999 and 3700 workers who earned between $1000 and $1300, and 4100 who earned more than $1300 a week.
"In the Far East we will [by] concentrating on Hong Kong and using it as a conduit to get into the Republic of China. We have a double tax treaty with China. They have exported skills here by way of architects, carpenters, masons, etc., in the building industry, and we hope we can follow that up with trade, persons who are looking to do business using Barbados as a financial centre," he noted. Mr. Skeete stated that Chinese entrepreneurs who may be looking to set up businesses in the United States and Europe may find the double tax treaty a useful vehicle for which they can set up a company in Barbados, and route their business through that company.
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