In a moment of celebration and recognition for entrepreneurial excellence, TMT Transport Services, owned by Andrew Fitzpatrick, was honored with the prestigious Small Business of the Year Award at the annual Small Business Association (SBA) Awards. This accolade not only underscores the company’s innovative approach to moving services but also showcases the vibrant investment landscape in...
barbados business
Barbados has launched the Bridgetown Initiative 3.0, a comprehensive strategy aimed at transforming the global financial system to better serve climate-vulnerable nations. The initiative seeks to generate $1 trillion in new funding, largely through taxing major carbon emitters and the super-wealthy, to combat the pressing challenges of climate change, debt, and inequality. Announced on September 27,...
The Caribbean Tourism Organisation (CTO) has announced plans to reignite its marketing efforts across the UK and Europe. This initiative marks a significant partnership with the CTO Chapter in these regions, which includes over 85 travel-related companies and organisations. The UK & Europe Chapter is set to roll out a series of marketing campaigns aimed at engaging consumers, the travel industry,...
Pop star and entrepreneur Rihanna has announced the upcoming launch of her renowned beauty brands—Fenty Beauty, Fenty Skin, and Fenty Fragrance—across the Caribbean region. Starting October 24, 2024, her products will be available in nine island nations, including her native Barbados. Rihanna shared the news via a video message on her social media, expressing her excitement about bringing her...
The Caribbean is experiencing a robust revival in tourism, with Barbados emerging as a key leader alongside Cuba, Puerto Rico, Jamaica, and St. Lucia. These islands are revitalizing the region’s appeal through a mix of rising hotel occupancy rates, new airline routes, and a booming cruise industry, positioning the Caribbean as one of the world’s most sought-after destinations in 2024. Barbados: The...
Hyatt’s much-anticipated Centric brand is finally making its debut in the Caribbean, and it’s coming to the heart of the Dominican Republic. After years of speculation and rumors about possible locations in Barbados and Puerto Rico, the first Hyatt Centric hotel in the region is set to open in Santo Domingo. The Hyatt Centric Santo Domingo is scheduled to welcome guests in spring 2025. Located in...
Saint Lucia’s Opposition Leader, Allen Chastanet, has passionately advocated for the empowerment of small businesses, emphasizing their vital role in driving economic growth and preserving cultural heritage in the Caribbean. Speaking at the 10th Annual Leo Leacock Memorial Lecture at the Errol Barrow Centre for Creative Imagination, Chastanet celebrated the significance of small enterprises in...
One of the Caribbean’s most dynamic hospitality leaders has stepped into a significant new role: president of the Caribbean Hotel and Tourism Association (CHTA). Sanovnik Destang, executive director of the Bay Gardens Resorts in Saint Lucia, has been officially elected as the association’s new president. His appointment was confirmed at the recent CHTA General Meeting. Destang, who was recognized...
The Caribbean nations offering Citizenship by Investment (CBI) programs have once again cemented their dominance in the global migration industry, as evidenced by the latest 2024 CBI Index. For the fourth consecutive year, St Kitts and Nevis has been named the top-ranking nation, securing an impressive score of 84%. Other Caribbean nations, including Dominica (80%), Grenada (77%), Saint Lucia (74%), and...
Barbados is now part of the Kinesis Free Accelerator programme, a new initiative designed to enhance the growth and sustainability of startups with social and environmental impact across Latin America and the Caribbean. The programme, funded by USAID and operated by Agora Partnerships, was recently launched during an interactive event. Kinesis operates across several countries, including Chile,...