Business

Barbados aims to construct its first wind farm

The International Finance Corporation (IFC) and the Barbados government have signed a contract to support the development and functioning of Barbados' first large-scale onshore wind farm. This landmark agreement ensures the necessary assistance for the construction and operation of the renewable energy project. By combining resources, the IFC and the government of Barbados aim to promote sustainable...

British and Scottish Delegates Explore Business Opportunities in Barbados

Barbados is currently playing host to a delegation of twenty-one representatives from Scotland and the United Kingdom (UK), who are on a mission to explore potential business and investment opportunities on the island. This initiative, known as the Trade and Investment Mission – Scotland to Barbados 2023, spans five days and brings together delegates from diverse sectors, providing a platform for...

Anticipated Construction Boom in Barbados Predicted by Developer

In the next 12 to 24 months, Barbados could witness a significant construction boom, potentially leading to the importation of labor, according to James Edghill, co-founder of construction development firm One Builders. Edghill based his forecast on several planned projects, a low unemployment rate, and sustained economic growth in the country. Edghill emphasized the need for creativity in addressing...

JetBlue and CIBC Launch Exciting New Credit Cards in 5 Caribbean Nations, including Barbados

JetBlue and CIBC FirstCaribbean have teamed up in collaboration with Mastercard, a global leader in the payments industry, to introduce a pair of new credit cards tailored for customers in five Caribbean countries where JetBlue operates. These innovative offerings, the JetBlue Mastercard and JetBlue Select Mastercard by CIBC FirstCaribbean, are designed to deliver a host of exclusive rewards, benefits,...

CIBC FirstCaribbean Announces Rebranding to CIBC

CIBC FirstCaribbean International Bank Limited is set to undergo a significant transformation as it rebrands its operations to align with its parent company, CIBC. In an announcement made by Chief Executive Officer Mark St Hill on Tuesday morning, the rebranding process is slated to be completed during the upcoming financial year. St Hill emphasized that the decision to adopt the CIBC brand underscores...

Barbados’ Hospitality Landscape Expands with Hotel Indigo

Barbados is preparing to host a brand-new addition to its hospitality landscape in the form of a Hotel Indigo. This 132-room establishment is on track for completion and grand opening during the final quarter of 2024. Aptly named "Indigo Barbados," this project falls under the management of the Polcom Group, a trusted provider of premium modular building systems and interiors spanning various asset...

Apartment Blocks for Sale in Barbados

Investing in an apartment block in Barbados offers an enticing opportunity for those seeking to diversify their investment portfolio in a tropical paradise. With a stable economy, a strong tourism sector, favorable tax benefits, and beautiful surroundings, it's a destination that can provide both rental income and long-term capital appreciation View Apartment Blocks for Sale in...

Hotels for Sale in Barbados, Caribbean

View Hotels for Sale in Barbados Barbados, often referred to as the "Gem of the Caribbean," is not just a vacationer's dream but also a haven for savvy investors looking to tap into the lucrative hospitality industry. With a steady influx of tourists seeking sun, sea, and sand, the island presents a golden opportunity for those considering hotels for sale in this tropical paradise. Beachfront Hotel...

Barbados hotels for sale: Blue Horizon Hotel

Blue Horizon Hotel, 112 Room Hotel In Barbados. AUCTION SEALED BID INVITATION TO BID by August 25th, 2023 112 Room Blue Horizon Hotel Property and Beach Land We assist our clients with the due diligence and bid submission process. The following will be required to submit your official bid: Bidder’s Financial Information Business Intent Participation fee: A certified cheque or bank...

Hotel for sale in Barbados – Savannah Beach Hotel

93 Room Beachfront Hotel in Barbados. AUCTION SEALED BID INVITATION TO BID by August 25th, 2023 93 Room: Savannah Beach Hotel & Adjacent Land We assist our clients with the due diligence and bid submission process. The following will be required to submit your official bid: Bidder’s Financial Information Business Intent Participation fee: A certified cheque or bank draft or Wire...

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