Barbados has welcomed Tabit Insurance SCC, a cutting-edge offshore business specializing in Bitcoin-backed insurance policies. The company recently commenced operations after receiving a Class 2 insurance licence from the Financial Services Commission (FSC). Co-founded by William Shihara and Stephen Stonberg, both prominent entrepreneurs in digital assets and financial services, Tabit Insurance SCC...
Barbados has cemented its position as a fintech trailblazer this week with the launch of the Fintech Islands Experience 2025 (FiX25). Held at the historic Sam Lord’s Castle, Wyndham Grand Resort, this dynamic three-day conference (January 22–24) has drawn over 500 global leaders, innovators, and investors from across the Caribbean, the Americas, Europe, Asia, and Africa. Together, they aim to redefine...
The Inter-American Development Bank (IDB) has unveiled a groundbreaking TechLab in Trinidad and Tobago, aimed at accelerating digital transformation and fostering innovation across the Caribbean. This state-of-the-art technology hub will serve as a catalyst for economic growth and regional collaboration in emerging digital fields. Inaugurated by IDB executive vice president Jordan Schwartz, the event...
The long-awaited redevelopment of Temple Yard, a cherished cultural and craft hub in The City, is finally set to commence this year, marking an exciting step forward for the community and its artisans. Officials from the Barbados Tourism Investment Inc. (BTI) have assured that the revamped space will offer artisans new opportunities in a modernized environment, fostering creativity and economic...
A tranquil mangrove preserve, a stretch of pristine white sand, and an exclusive adults-only retreat await at the newly revamped Paraiso de la Bonita resort, now under Marriott’s Luxury Collection brand. Situated between Cancun and Playa del Carmen, this legendary property is set to redefine luxury in the heart of the Riviera Maya. Previously recognized as a AAA Five Diamond award winner, Paraiso de...
The Caribbean Development Bank (CDB) is breaking new ground in its commitment to empowering women entrepreneurs across the region. Through the SheTrades Caribbean Hub—a joint initiative with the International Trade Centre (ITC)—CDB has unveiled an innovative partnership with Caribshopper, an e-commerce platform that connects Caribbean businesses with North American consumers. This collaboration aims...
The highly-anticipated debut of Kimpton’s first all-inclusive resort, Kimpton Tres Rios Riviera Maya, is set to make waves when it opens its doors on August 1, 2025. Nestled along a pristine stretch of white-sand beach in Mexico’s Riviera Maya, this eco-luxury haven spans 326 acres and boasts a unique blend of three ecosystems: jungle, mangrove forests, and coastal dunes. Guests can explore an...
The African Export-Import Bank (Afreximbank), a leading pan-African multilateral trade finance institution, has unveiled plans to establish a cutting-edge trade centre in the Carlisle Bay district on the southeastern coast of Barbados. Spanning a 6.4-acre site, the 30,000-square-meter mixed-use complex will feature Afreximbank's Caribbean regional offices, corporate office spaces, a 120-room hotel,...
The Caribbean Development Bank (CDB) has approved a USD909,000 grant to The University of the West Indies (UWI) to address water resource challenges and bolster climate resilience in Jamaica’s coastal and inland communities. Jamaica, ranked among the 36 most water-stressed countries globally by the World Resources Institute, faces a paradox of abundant freshwater yet uneven distribution. While the...
Barbados continues to shine as a premier destination for cruise tourism, celebrating a remarkable 23% increase in cruise ship arrivals from January to November 2024 compared to the same period in 2023. This growth underscores the island’s enduring appeal and commitment to enhancing its cruise offerings, particularly in the high-end market. The Ritz-Carlton Ilma: A Landmark Visit Amid this surge in...