Business

IDB Invest Commits $150 Million Annually to Boost Barbados Economy

Barbados is poised to receive a substantial boost in funding from one of its primary development partners for various private sector-led projects spanning multiple sectors. Officials from the Inter-American Development Bank (IDB) Group revealed this during an interview with Barbados TODAY on Tuesday. Following a productive meeting with government and private sector representatives on Monday, James...

Barbados and Ghana Strengthen Ties with Proposed Air Bridge

Barbados Prime Minister Mia Mottley is actively pursuing the establishment of an air bridge between Barbados and Ghana, aiming to facilitate the travel of 600 to 800 individuals each month. During discussions with Ghana's Minister of Tourism, Arts and Culture, Ibrahim Awal, and his delegation, Prime Minister Mottley expressed her confidence in garnering interest from Barbadians who are keen to explore...

Culinary Delights from Barbados: Chefette Hits US Shores

Chefette, Barbados' renowned quick-service restaurant chain and a personal favorite of pop superstar Rihanna, is set to make its US debut this summer. Collaborating with Barbados Tourism Marketing Inc (BTMI), Export Barbados, and JetBlue, Chefette will be launching a food truck pop-up event in Manhattan, New York City on Tuesday, June 6, followed by a similar event in Boston on Thursday, June 8. The...

Barbados Welcome Stamp: Your Passport to Remote Work in Paradise

Are you intrigued by the Barbados Welcome Stamp? Here's a comprehensive overview to help travelers understand all the essential details. If you're tired of your everyday routine and yearn to work remotely in a captivating Caribbean destination with a digital nomad visa, the Barbados Welcome Stamp offers an excellent opportunity. It allows digital nomads to explore one of the most picturesque islands in...

Barbados Sets its Sights on Gulf Tourism Market Expansion

Barbados, known for its picturesque white sandy beaches, vibrant music, and captivating beauty, has set its sights on attracting tourists from the Gulf region. While the Caribbean island nation has long been a popular destination for global travelers seeking relaxation and natural wonders, it remains relatively unknown to tourists from the Gulf. However, Barbados is determined to change that. At the...

US and Caribbean Forge Partnership to Address Climate Crisis and Promote Renewable Energy

Francesco La Camera, the Director-General of the International Renewable Energy Agency (IRENA), believes that the Caribbean holds significant potential for a large-scale offshore wind farm project. La Camera highlighted the agency's request to develop an idea for offshore wind projects in the region, emphasizing the immense opportunities available, including solar energy and agri-food...

Cutting Costs and Carbon Footprints: Clean Energy Transforming Caribbean Properties

Caribbean resorts and businesses have long struggled with expensive energy costs. However, as the region experiences a surge in hotel construction and investment, there is an increasing demand for sustainable, reliable, and cost-effective energy solutions. One company that is revolutionizing the Caribbean's clean energy landscape is E-Finity Distributed Generation. E-Finity, a trailblazer in...

Caribbean Hospitality on the Rise: Miami Hosts Premier Hotel and Resort Investment Summit

The annual Caribbean Hotel and Resort Investment Summit has commenced in Coral Gables, Florida, marking the region's most prominent event in the hospitality industry. Held at the Loews Hotel in Miami's Coral Gables neighborhood, the 14th edition of the summit brings together a distinguished group of developers, hotel owners, investors, and executives from across the Caribbean. With over 400 delegates in...

Sun, Sand, and Profit: Why American and Canadian Nomads Should Invest in the Caribbean

The Caribbean has always been a sought-after destination for American and Canadian tourists in search of sun, sand, and relaxation. However, in recent years, the region has also gained popularity among a different group of travelers: digital nomads. With its warm climate, affordable cost of living, and expanding digital infrastructure, the Caribbean has become a magnet for remote workers and...

Unlocking Caribbean Real Estate: How AI is Revolutionizing Investment Strategies

The Caribbean real estate market is experiencing a remarkable surge, attracting the attention of savvy investors seeking lucrative opportunities in the region. As the market expands, investors are turning to artificial intelligence (AI) to optimize their investment strategies. In this article, we delve into the ways investors can utilize AI to make smart real estate investments in the Caribbean. The...

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