barbados business

The Caribbean hospitality sector continues to attract strong investor interest, and the upcoming ALIS Caribbean and Latin America (ALIS CALA) conference is set to play a key role in shaping the region’s hotel investment landscape. The event will take place April 28–30, 2026, at the Loews Coral Gables Hotel in Coral Gables, Florida, bringing together investors, developers, lenders, and hotel executives...

The African Export-Import Bank (Afreximbank) has significantly expanded its financial commitment to the Caribbean Community (CARICOM), raising its regional financing cap from US$3 billion to US$5 billion. The announcement was made during the 50th Regular Meeting of the Conference of Heads of Government of CARICOM held on 25 February 2026 in Basseterre, St. Kitts and Nevis. The increase reflects...

Barbados is reinforcing its position as a competitive international business jurisdiction, with renewed focus on strengthening its captive insurance sector and enhancing its overall investor environment. Recent developments signal a strategic push to modernise regulatory frameworks, improve operational efficiency, and deepen engagement with global investors. As the island continues to diversify its...

Barbados is reinforcing its position as a key Caribbean trade hub as more than 50 Guyanese businesses deepen commercial ties with Barbadian partners ahead of the highly anticipated Agrofest 2026, taking place from February 27 to March 1, 2026, at Queen’s Park in Bridgetown. The initiative highlights growing economic collaboration between the two CARICOM nations, with entrepreneurs and manufacturers...

Barbados has taken a significant step toward sustainable maritime transport with the launch of a green shipping corridor pre-feasibility study, supported by the International Maritime Organization (IMO). The initiative reflects the island’s growing commitment to climate action and positions Barbados within the global movement to decarbonize international shipping. The study was formally initiated in...

Barbados has officially rebased its Gross Domestic Product (GDP), updating the base year from 2016 to 2023. The move, undertaken by the Barbados Statistical Service, modernizes the country’s national accounts framework and ensures that economic measurements more accurately reflect current production patterns, price structures, and sectoral contributions. GDP rebasing is a standard statistical...

Barbados has achieved a significant milestone in its international financial journey with its official removal from the European Union’s list of jurisdictions under increased tax monitoring, commonly referred to as the “EU grey list.” The announcement represents a major vote of confidence in the island’s strengthened regulatory framework and ongoing commitment to global financial...

Barbados is poised to host a major global investment forum this year as IDB Invest Sustainability Week 2026 prepares for its debut in the Caribbean. Scheduled to take place from May 26–28, 2026 in Bridgetown, the event marks a significant milestone for the region — bringing together business leaders, investors, project sponsors, and policymakers focused on mobilizing private capital for sustainable...

The Caribbean’s luxury tourism sector is entering another growth phase, underscored by a major new investment in The Bahamas. Baha Mar in Nassau has officially broken ground on a $700 million beachfront hotel and branded residential project, one of the most significant hospitality developments currently underway in the region. The expansion will add approximately 350 hotel rooms and suites along with...

Barbados has taken a significant step toward transforming its energy landscape with the launch of the Caribbean’s first competitive Battery Energy Storage System (BESS) auction — a development that could redefine how renewable energy is integrated, financed, and scaled across island grids throughout the region. This bold initiative marks a shift from traditional government-led renewable pilots to...