Barbados' economy is set for steady expansion, with the Central Bank projecting an annual real GDP growth of three percent in the short to medium term. Governor Dr. Kevin Greenidge shared this encouraging outlook during his 2024 economic review, highlighting key sectors that will drive progress and strengthen the nation’s economic resilience. Strong Investment Driving Economic Growth A key factor...
The Caribbean Hotel and Tourism Association (CHTA) has announced plans for the region’s inaugural luxury travel trade show, set to take place in late September. CHTA President Josef Forstmayr described the event as a showcase of the Caribbean’s ability to compete with the world’s leading destinations for high-end travelers. “The Caribbean is the most aspirational region in the world, and we...
Asa P. Sealy, a former executive with over a decade of leadership at Carib Brewery USA, has unveiled Trade Trek USA, a pioneering company designed to help Caribbean businesses expand into the United States and beyond. With a subscription-based model, Trade Trek USA provides businesses with access to vital resources and strategies to compete in global markets. The platform offers ongoing support,...
Barbados celebrated a major milestone in its cruise tourism industry with the inaugural visit of Royal Caribbean’s Odyssey of the Seas to the port of Bridgetown. The state-of-the-art vessel, part of Royal Caribbean’s Quantum Class fleet, docked on Wednesday, bringing over 5,000 guests to the island and further cementing Barbados’ reputation as a premier Caribbean cruise destination. With a crew...
Barbados is revolutionizing business tourism by blending professional events with cultural and leisure experiences, as showcased during this week’s FiX25 fintech conference. Held at the historic Sam Lord’s Castle Wyndham Grand Barbados Resort, FiX25 brought hundreds of global delegates to the island for three days of high-level discussions on financial technology. Complementing these discussions,...
Barbados has welcomed Tabit Insurance SCC, a cutting-edge offshore business specializing in Bitcoin-backed insurance policies. The company recently commenced operations after receiving a Class 2 insurance licence from the Financial Services Commission (FSC). Co-founded by William Shihara and Stephen Stonberg, both prominent entrepreneurs in digital assets and financial services, Tabit Insurance SCC...
Barbados has cemented its position as a fintech trailblazer this week with the launch of the Fintech Islands Experience 2025 (FiX25). Held at the historic Sam Lord’s Castle, Wyndham Grand Resort, this dynamic three-day conference (January 22–24) has drawn over 500 global leaders, innovators, and investors from across the Caribbean, the Americas, Europe, Asia, and Africa. Together, they aim to redefine...
The Inter-American Development Bank (IDB) has unveiled a groundbreaking TechLab in Trinidad and Tobago, aimed at accelerating digital transformation and fostering innovation across the Caribbean. This state-of-the-art technology hub will serve as a catalyst for economic growth and regional collaboration in emerging digital fields. Inaugurated by IDB executive vice president Jordan Schwartz, the event...
The long-awaited redevelopment of Temple Yard, a cherished cultural and craft hub in The City, is finally set to commence this year, marking an exciting step forward for the community and its artisans. Officials from the Barbados Tourism Investment Inc. (BTI) have assured that the revamped space will offer artisans new opportunities in a modernized environment, fostering creativity and economic...
A tranquil mangrove preserve, a stretch of pristine white sand, and an exclusive adults-only retreat await at the newly revamped Paraiso de la Bonita resort, now under Marriott’s Luxury Collection brand. Situated between Cancun and Playa del Carmen, this legendary property is set to redefine luxury in the heart of the Riviera Maya. Previously recognized as a AAA Five Diamond award winner, Paraiso de...