Stronger regional integration is essential for driving economic growth and reducing dependence on external aid across the Caribbean, says Barbados Minister of State in the Ministry of Education, Technological and Vocational Training, Sandra Husbands. Speaking during a visit by students and staff from the University of Trinidad and Tobago (UTT) to the Williams Industries PV solar plant in Cane Carden,...
In a significant achievement, Barbados has been ranked first globally on the United Nations' newly introduced Multilateralism Index, as detailed in the Sustainable Development Report 2024. This index assesses countries based on their participation in international treaties, alignment with UN voting principles, involvement in UN bodies, and financial contributions to the UN system. The report commended...
The Caribbean region is poised for a robust economic performance in 2025, with several nations expected to surpass the Latin America and Caribbean (LAC) average growth rate of 2.1%, according to the World Bank's latest forecasts. Guyana's Oil-Driven Surge Leading the pack is Guyana, with a projected GDP growth of 10%, fueled by its burgeoning offshore oil production. The country's rapid economic...
Nestled along the pristine shores of Curaçao, the newly inaugurated Parasasa Hotel Curaçao is redefining the essence of hospitality. Beyond offering 43 elegantly designed rooms, this establishment serves as the island's first-ever "learning hotel," seamlessly blending guest services with hands-on education for aspiring hospitality professionals. View Hotels for Sale in Barbados Beachfront Hotel...
St. Regis Hotels & Resorts, part of Marriott International, has unveiled its first-ever property in the Dominican Republic with the opening of The St. Regis Cap Cana Resort. Located within the exclusive enclave of Cap Cana, the resort redefines upscale Caribbean hospitality through a fusion of refined design, immersive cultural touches, and signature St. Regis elegance. A New Chapter for St. Regis...
In a groundbreaking move to reshape Caribbean travel, Puerto Rico and the Dominican Republic have entered into a formal partnership aimed at promoting multi-destination tourism across the region. Puerto Rico Governor Jenniffer González and Dominican Republic Tourism Minister David Collado recently signed a memorandum of understanding that marks the first official tourism alliance between the two...
They may be bidding on island vacations, but travelers participating in a unique Caribbean auction are also helping shape the future of the region’s hospitality industry. The Caribbean Hotel and Tourism Association Education Foundation (CHTAEF) has launched its annual Spring Caribbean Travel Auction, offering luxury hotel stays across the region—from beachfront escapes to five-star resorts. But...
The Caribbean Development Bank (CDB) is rolling out a robust new strategy aimed at transforming the private sector into a central engine of economic growth and sustainable development across the region. CDB President Daniel Best outlined the institution’s vision during a recent leadership event hosted by the Trinidad and Tobago Manufacturers’ Association (TTMA) at the Hyatt Regency. Speaking under...
Barbados is gearing up to introduce the third phase of its Barbados Economic Recovery and Transformation (BERT) programme, aimed at strengthening the nation’s resilience in what Central Bank Governor Dr. Kevin Greenidge calls an increasingly “shock-prone world.” Speaking at the Central Bank’s first-quarter economic briefing on Wednesday, Greenidge emphasized that the country’s recovery from...
The Caribbean Development Bank (CDB) will host its 55th Annual Meeting of the Board of Governors in Brasília, Brazil from June 9 to 12, 2025. The gathering will bring together regional leaders, global development partners, and policy experts to advance strategies aimed at building institutional resilience, economic strength, and inclusive growth across its Borrowing Member Countries (BMCs). Held under...