Barbados is riding a wave of economic success, with growth surging to an estimated 4% in 2024. Thanks to strong performances in business services, tourism, and construction, the island’s financial outlook remains positive. The country’s home-grown Barbados Economic Recovery and Transformation (BERT 2022) program continues to yield impressive results, supported by the International Monetary Fund’s...
New Agreement Aims to Drive Biomedical Innovation and Strengthen Global Investment Barbados is taking a bold step into the future of healthcare. On February 19, 2025, the island signed a landmark Memorandum of Understanding (MoU) with European biotech firm Biomedx, paving the way for cutting-edge pharmaceutical research, global investment, and groundbreaking medical advancements. At the heart of...
In response to the evolving global trade landscape under President Donald Trump's "America First" agenda, Caribbean leaders are proactively seeking to diversify economic partnerships and accelerate digital innovation to enhance regional resilience. Experts emphasize that the Caribbean Community (CARICOM) must adapt swiftly to these changes to mitigate potential economic vulnerabilities. Navigating...
International soca sensation Patrice Roberts is set to kick off her highly anticipated world tour in Barbados with a show-stopping performance at Kensington Oval on Mother’s Day. The concert, titled "I Am Woman," follows a string of sold-out shows in New York and Toronto on her 2024 tour. Now, Roberts is bringing her electrifying stage presence to the island where her solo career first began—making...
Artificial intelligence (AI) is transforming industries worldwide, and the Caribbean hospitality sector is embracing this wave of innovation. At the latest Caribbean Hospitality Industry Exchange Forum (CHIEF), hosted by the Caribbean Hotel and Tourism Association (CHTA), industry experts outlined how AI is redefining guest experiences, streamlining operations, and preserving the region’s rich cultural...
For Canadian travelers seeking a tropical escape, safety is just as important as sun, sea, and sand. While some Caribbean destinations come with travel advisories, Aruba, Curaçao, Barbados, Saint Lucia, and Turks & Caicos stand out as the safest choices for a worry-free vacation. These breathtaking islands not only offer pristine beaches, turquoise waters, and rich cultural experiences but also...
Barbados has successfully passed a key international evaluation, reaffirming its commitment to combating harmful tax practices and upholding global financial standards. The Organisation for Economic Co-operation and Development (OECD) has officially recognized the island’s progress in meeting international tax regulations. According to its latest peer review—conducted through the Forum on Harmful...
The Caribbean Development Bank (CDB) is set to host its 55th Annual Meeting of the Board of Governors in Brasília, Brazil, from June 9-12, focusing on the role of strong institutions in shaping a greener, more resilient, and inclusive Caribbean. Under the theme Building the Future: Resilient Institutions for a Greener, Stronger, and Inclusive Caribbean, the event will bring together leaders and...
The Caribbean's fintech sector is gaining traction, with the recent FinTech Islands Experience (FiX25) in Barbados drawing international investors and industry leaders. The event, now in its third year, highlighted the region’s growing potential in digital banking, mobile payments, and financial technology solutions, according to co-founder and CEO Allison Hunte. Hunte emphasized that FiX25 was...
Are you based in the UK and considering expanding your business internationally? Barbados offers a compelling opportunity for investment, with a stable economy, business-friendly policies, and direct air links to major UK cities. Whether you're in financial services, fintech, medical tourism, or niche manufacturing, Barbados is the gateway to success in the Caribbean. Barbados: A Thriving Economy for...