Sagicor Life Inc. and Sagicor Group Jamaica Limited have announced plans to merge under a new regional holding structure, a move expected to create one of the Caribbean’s largest and most diversified financial services groups. Under the proposed arrangement, both entities will be combined into a single holding company known as Sagicor Group Caribbean, bringing together nearly US$7 billion in assets...
Business
Barbados is gearing up for one of its largest tourism investment surges in decades, with more than $2 billion (US$1 billion) projected to enter the sector in 2026. According to the Barbados Hotel and Tourism Association (BHTA), a wave of major hotel developments—spanning the south coast, west coast, and the capital—will dramatically reshape the island’s tourism landscape over the next three...
Barbados and Dominica have joined forces to create a stronger, more immersive tourism experience for visitors, unveiling a collaborative strategy that promotes both destinations through new multi-island travel packages. The initiative—announced at a press conference at the Island Inn Hotel—builds on the recently signed Memorandum of Understanding (MOU) that enables full free movement between...
Grand Cayman is set to debut one of the region’s most ambitious wellness projects yet: Meraki Wellness, a purpose-built sanctuary dedicated entirely to restoration and modern wellbeing. Opening February 1, 2026 just steps from Seven Mile Beach, the new 16,000-square-foot facility introduces a level of intentional design and therapeutic depth rarely seen in the Caribbean. A Wellness Environment...
Barbados has taken a decisive step toward long-term energy security and a modernised national grid with the signing of new operational licences between the Ministry of Energy and the Barbados Light & Power Company (BLPC). The agreement unlocks more than $500 million in financing for renewable energy projects, removes looming risks to grid stability after 2028, and sets the foundation for accelerated...
In a major move for Caribbean luxury travel, Equinox Hotels—the global hospitality brand synonymous with high-performance living—has officially announced its regional debut with the launch of Equinox Resort Anguilla Port Nimara, located at Port Nimara on the northern coast of Anguilla. Set along one of the island’s most desirable waterfronts, this flagship project brings Equinox’s signature style...
Thanksgiving traditionally marks the unofficial start of the Caribbean’s winter tourism season — a time when flights fill up, cruise ship calls increase, and travellers from colder climates head south in search of sunshine. From late November through the New Year, demand climbs steadily, and Barbados has spent months preparing to ensure visitors enjoy a seamless and memorable experience. As the...
Barbados and Nigeria have entered a transformative new chapter in transatlantic cooperation, signing a landmark Memorandum of Understanding (MOU) that lays the foundation for joint pharmaceutical production, regulatory collaboration, and expanded market access across the Caribbean, Latin America, ECOWAS, and the wider African continent. The agreement — signed between Barbados Pharmaceuticals Inc....
Barbados is preparing to overhaul its business regulatory environment, with sweeping reforms and new digital systems set to roll out in the coming months — changes the government says will make doing business on the island faster, easier, and more predictable. Minister for Business Development, Senator Lisa Cummins, outlined the ambitious agenda on Monday while addressing industry leaders at a...
One of Barbados’ most iconic stretches of coastline is entering a long-anticipated new chapter. CBL Developments SRL has officially acquired the 56-acre site at Paradise Beach, Black Rock — a property once home to the ill-fated Four Seasons project. After more than a decade of uncertainty, stalled construction, and abandoned structures, the land is finally poised for transformation. With the...