Fortress Fund Managers (FFM) may see significant benefits for their Barbados dollar funds as global interest rates begin to decline. In FFM's June 2024 quarterly report, it was highlighted that the Fortress Caribbean Growth Fund, the Fortress Caribbean High Interest Fund, and the Fortress Caribbean Pension Fund are well-positioned to take advantage of this global trend. View Commercial Properties...
The Government of Barbados is crafting a comprehensive modern industrial policy aimed at strengthening local manufacturers and enhancing their ability to compete in international markets. This announcement was made by Minister of Industry, Innovation, Science, and Technology, Marsha Caddle, during the Barbados Manufacturers’ Association’s (BMA) 60th anniversary Mix & Mingle event at Hayman’s...
In a recent interview with Vidwat Keshan, Associate Editor of Travel And Tour World, Cheryl Carter, Chief Operations Officer of Barbados Tourism, shared key insights on the island's evolving strategies to enhance its global tourism appeal. Speaking from the Arabian Travel Market (ATM) 2024, Carter discussed the initiatives that are positioning Barbados as a premier destination for luxury weddings, MICE...
Barbados is set to benefit from the construction of a new school dedicated to the arts and entrepreneurship, thanks to a global philanthropic initiative spearheaded by American entertainment reporter AJ Calloway. This school is part of Calloway's broader Nyame Bekyere project, which aims to foster creativity and innovation in the communities it serves. AJ Calloway, known for his work in the...
In 2024, Barbados emerged as a key contributor to the growth of air traffic in the Caribbean, driven by a remarkable recovery in its tourism sector. The Grantley Adams International Airport (GAIA) played a pivotal role, witnessing a significant rise in passenger numbers as the island’s tourism industry rebounded from the disruptions of previous years. Monthly arrivals at GAIA consistently surpassed...
Plans are underway to welcome smaller cruise ships to Speightstown as early as the upcoming cruise season, Member of Parliament for St. Peter, Colin Jordan, has revealed. The initiative aims to revitalise the historic town and boost economic activity. Speaking at the annual general meeting of the Barbados Labour Party’s St. Peter branch at The Alexandra School, Jordan shared that cruise liners have...
The Caribbean, with its breathtaking landscapes, vibrant cultures, and strategic geographic location, has long been a desirable destination for tourists. However, it is also an exceptional place for investment. Boasting a combination of modern infrastructure, skilled labor, stable economies, and attractive incentive programs, the Caribbean offers a unique and lucrative opportunity for investors. Here are...
Setting up a company in Barbados involves navigating several legal and procedural steps. Whether you're looking to form a Regular Business Company (RBC), an Unincorporated Business, or an External Company, understanding the requirements and processes is crucial for a smooth establishment. Here’s a comprehensive guide to help you get started: Establishing a Regular Business Company or Society with...
Barbados offers a diverse range of emerging investment opportunities, supported by a robust infrastructure, skilled workforce, and favorable business environment. Whether you're looking to invest in ICT, fintech, niche manufacturing, renewable energy, medical tourism, bioscience, or education, Barbados has the resources and regulatory framework to help your business thrive. Information and...
Barbados presents a wealth of opportunities in financial services and insurance, supported by a favorable business environment, robust infrastructure, and skilled workforce. Investors can benefit from the island's regulatory framework, experienced professionals, and excellent quality of life. Financial Services Barbados has long been a hub for financial services, attracting banks and high-net-worth...