The World Bank forecasts that Barbados will achieve a 3.9% economic growth rate this year, followed by a projected 2.8% in 2025. These predictions are part of the World Bank's economic review, Taxing Wealth for Equity and Growth, released on Wednesday. The report also anticipates Barbados' economy to grow by an additional 2.3% in 2026. The analysis further reveals that economic growth across Latin...
Cartier, a French Maison renowned for over 170 years of rich history and passion, has always embraced the art of exploring new territories and designs to ignite emotions. This vision has led the luxury brand to reopen its doors in Holetown, Barbados, unveiling a freshly renovated boutique in July 2024. In partnership with Diamonds International, Cartier welcomed its esteemed clients back to a...
Nestled just steps away from the tranquil sands of Gibbes Beach, Callidora Barbados offers an unparalleled blend of luxury, relaxation, and investment opportunity. Whether you're looking to own a second home, secure a high-end rental property, or apply for permanent residency in the Caribbean, buying a villa at Callidora is a seamless process for both nationals and international buyers. In this...
1. Development opportunity with private beach access for Sale - NOW USD$1,200,000 Angler apartments Hotel is a well established, family run business that has been hosting visitors, families and groups to Barbados for many years. This is a perfect redevelopment project. The property’s land spans across 25,000 sq ft and is classed as a full commercial property as per deeds (holding a firm value)...
In a landmark decision for Caribbean cricket, Kensington Oval in Barbados will host the Caribbean Premier League (CPL) final for the first time in 2026. This announcement was made by CPL CEO Pete Russell, who also confirmed that Guyana will host the 2025 final, marking its fourth consecutive year as the venue for this prestigious match. Russell expressed his excitement about the partnership with...
The upcoming SIAL Paris 2024 will showcase 26 remarkable Caribbean brands under the ‘Absolutely Caribbean’ pavilion, featuring companies from Barbados, Haiti, Jamaica, Saint Lucia, and Trinidad and Tobago. These brands will bring a taste of the islands to the world stage, offering an array of products such as sauces, condiments, chocolate, coffee, and cakes. The world’s largest food tradeshow,...
Barbados has once again solidified its position as a powerhouse in the global rum industry, as Foursquare Distillery's 14-Year-Old Equipoise Rum was awarded the prestigious Rum Trophy at the 2024 International Wine & Spirits Competition (IWSC). This win places the small island nation at the forefront of world-class rum production, with Foursquare Distillery leading the charge. At this year's IWSC,...
Barbados is set to host the 2024 Caribbean Hotel Investment Conference & Operations Summit (CHICOS) from November 13–15 at the Wyndham Grand Barbados Sam Lord’s Castle All-Inclusive Resort. This prestigious event is expected to boost the local hotel industry and stimulate economic growth. “We are thrilled to partner with the Barbados government and Wyndham Hotels & Resorts for CHICOS’...
From April to July 2024, the Central Bank of Barbados (CBB) engaged in in-depth discussions with local financial institutions, the World Bank, and other key stakeholders to assess and enhance the country's payments infrastructure. These talks focused on reviewing the current legal and regulatory framework, with an emphasis on improving Barbados' Real-Time Payments (RTP) system. As part of this effort,...
In a moment of celebration and recognition for entrepreneurial excellence, TMT Transport Services, owned by Andrew Fitzpatrick, was honored with the prestigious Small Business of the Year Award at the annual Small Business Association (SBA) Awards. This accolade not only underscores the company’s innovative approach to moving services but also showcases the vibrant investment landscape in...