Barbados is increasingly positioning itself as a compelling jurisdiction for the growth of Managing General Agents (MGAs), as global demand for specialised and flexible insurance models continues to rise. Speaking at the Barbados Risk & Insurance Management (BRIM) Conference, Robert Ali, Chief Operating Officer of Active Re, highlighted the island’s strong potential to support the next phase of...
Barbados is entering a new phase of tourism development, with Prime Minister Mia Mottley outlining a forward-looking strategy designed to reposition the island in an increasingly competitive global market. Branded as “Tourism 3.0,” the approach reflects a shift away from traditional models toward a more diversified, resilient, and inclusive tourism ecosystem - one that blends global investment with...
The Central Bank of Barbados is taking a significant step to improve access to financing for small businesses through its Enhanced Credit Guarantee Fund (ECGF)—a programme designed to reduce lending risk and unlock capital for micro, small, and medium-sized enterprises (MSMEs). The initiative was highlighted by Darrin Downes at the State of the Sector Conference hosted by the Small Business...
Barbados has formally stepped forward to host the secretariat of the newly launched Borrowers’ Platform, positioning itself at the center of a growing global movement to reform the international financial system. The announcement came during the Spring Meetings of the World Bank and the International Monetary Fund in Washington, where leaders from developing nations gathered to address mounting debt...
Barbados’ captive insurance sector continues to expand, adapting to global industry shifts while reinforcing its position as one of the world’s leading captive domiciles. With over 270 active captive insurance companies and a ranking among the top global jurisdictions, the island remains a key hub for international risk management solutions. At the 2026 Barbados Risk & Insurance Management...
The Afreximbank has confirmed that the fifth edition of the AfriCaribbean Trade and Investment Forum (ACTIF2026) will take place from July 29–31, 2026 in St Kitts and Nevis, marking another major step in strengthening economic ties between Africa and the Caribbean. Set to be held in Basseterre, the forum continues a growing series of high-level engagements that began in Barbados in 2022 and have...
Barbados is preparing to host one of the region’s most important sustainability events as Business Barbados opens registration for Sustainability Week 2026. Taking place from May 26–28, 2026, and led by IDB Invest, the event will be hosted in Barbados for the first time, bringing together global and regional stakeholders focused on sustainable development and investment. The conference will be...
Barbados is set to take a major step toward financial inclusion with the launch of BiMPay, a new instant digital payment platform developed by the Central Bank of Barbados. Scheduled to roll out on June 12, the system aims to transform how Barbadians access and use financial services—particularly for those who remain outside the traditional banking system. Governor Dr Kevin Greenidge described BiMPay...
Barbados is taking a structured step toward improving its business environment, as Business Barbados rolls out a new initiative aimed at strengthening organisations across the island. The programme, launched at the Lloyd Erskine Sandiford Centre as part of the agency’s first anniversary, focuses on providing practical, hands-on support to help organisations operate more efficiently and navigate...
The Caribbean’s luxury hospitality landscape continues to evolve, with Six Senses advancing its expansion in the region through a highly anticipated new resort in Belize. Following its Caribbean debut in Grenada, the brand is now developing a flagship project on Ambergris Caye, one of the region’s most in-demand destinations. A New Luxury Destination The upcoming Six Senses Belize is planned...