The economies of the Caribbean region are returning to pre-pandemic growth levels, and CIBC Caribbean attributes this recovery as a key factor in its robust performance for the first half of its financial year. The Barbados-headquartered regional financial institution recently released its unaudited consolidated statement of comprehensive income for the six months ending April 30. The financial report...
Barbados, with its crystal-clear waters, white sandy beaches, and vibrant culture, has become a haven for those seeking luxury and tranquility. Beyond being a popular vacation destination, the island is also home to celebrities who have invested in stunning properties. Let's explore the famous faces who have chosen Barbados and the Caribbean as their retreat! Rihanna One Sandy Lane, Paynes...
The allure of Caribbean real estate extends far beyond its stunning vistas and vibrant cultures; it presents a lucrative opportunity for investors. Investing in Caribbean properties, especially in nations offering citizenship by investment (CBI) programs, can yield substantial rewards. Navigating the Investment Journey Here’s a detailed roadmap for investing in Caribbean real...
Barbados has secured a substantial low-cost loan from the British government, amounting to £300 million (approximately BDS$773 million), to advance its climate resilience initiatives and economic sustainability goals. This significant financial boost was announced by Ryan Straughn, the Minister in the Ministry of Finance and Economic Affairs. The funding, provided by the United Kingdom Export Finance...
Following a setback against England in the ICC Men’s T20 World Cup, West Indies are focused on securing victories against the USA and South Africa to advance in the tournament. Head coach Daren Sammy emphasized the critical nature of upcoming matches, declaring that every game is now a must-win if the West Indies are to clinch the T20 title on their home turf. The Caribbean team started the Super 8s...
If you're based in Europe and dreaming of island-hopping around the Caribbean, your journey just got smoother. Winair, a leading regional carrier, and France-based Air Caraibes have renewed their interline agreement, making travel across the Caribbean and Europe more seamless. This renewed partnership allows passengers to book a single ticket for their entire journey, covering both airlines and...
A transformative $2 billion project named Esencia is set to redefine the Caribbean hospitality landscape, positioning Puerto Rico as a premier luxury destination. This ambitious venture, led by British billionaire brothers David and Simon Reuben, in collaboration with Roberto Ruiz and Will Bennett of Three Rules Capital, aims to inject vitality into the region's economy and tourism sector. Situated in...
Access Bank, a leading Nigerian multinational commercial bank, is poised to establish a presence in the Caribbean, aiming to improve local access to financial services while expanding digital offerings. Aigboje Imoukhuede, Chairman of Access Holdings headquartered in Lagos, revealed these intentions at the recent African Export-Import Bank (Afreximbank) Annual Meetings held in The Bahamas. He highlighted...
Golfweek's 2024 rankings have positioned Apes Hill Barbados' championship 18-hole course in their inaugural "Top 100 International Courses" list, securing the 72nd spot. This marks a significant achievement for the course designed by Ron Kirby. Previously, Golfweek's Best had segregated classic and modern international courses, but this year's comprehensive ranking combines all eras outside the U.S....
A landmark new ferry service connecting Barbados with Guyana and Trinidad is set to launch in the next few months, according to Guyana President Dr. Mohamed Irfan Ali. This ferry, a collaborative effort between Barbados, Guyana, and Trinidad, will transport both passengers and containers, as reported by officials from Guyana. “In another two or three months, that ferry will begin operations, and we...