Barbados has received a major vote of confidence from S&P Global Ratings, which has upgraded the island’s long-term local and foreign currency sovereign credit ratings to ‘B+’ from ‘B’, with a stable outlook. The upgrade reflects the country’s improved fiscal discipline, economic resilience, and effective governance, following years of reform under Prime Minister Mia Mottley’s...
Barbados is deepening its trade and investment relationship with the United Kingdom as it seeks to position itself at the forefront of emerging global industries. The island is focusing on expanding British investment in renewable energy, space technology, and the creative economy — key sectors identified as drivers of sustainable growth. Speaking at the sixth annual UK Trade Mission to Barbados...
Barbados and its Caribbean neighbours are being encouraged to seize billions of dollars in untapped trade and investment opportunities with Africa. The call came as regional and African leaders, entrepreneurs, and policymakers gathered in Bridgetown for the opening of the inaugural GUBA Awards and Trade and Investment Forum on Monday. The Grow, Unite, Build Africa (GUBA) Awards honour the achievements...
The Caribbean Development Bank (CDB) is deepening its investment in the professional development of procurement specialists across the region, recognising the sector’s pivotal role in achieving sustainable growth and development. With procurement increasingly viewed as a strategic driver of national progress rather than a mere compliance function, CDB is focusing on strengthening both people and systems...
Barbados is poised to become the smallest full member of the Development Bank of Latin America and the Caribbean (CAF), unlocking access to over US$18 billion (approximately BDS$36 billion) in financing for government projects, private sector ventures, and individuals. Finance and Economic Affairs Minister Ryan Straughn introduced legislation on Tuesday to formalize the island’s upgraded status,...
The Beach Club, Barbuda - a visionary resort and residential community co-founded by Robert De Niro, Daniel Shamoon, and James Packer, has officially launched sales for its exclusive beachfront homes, setting a new benchmark for Caribbean luxury living. Set on 400 acres of untouched shoreline along Barbuda’s southwest coast, The Beach Club marks a new chapter in Caribbean luxury living, combining...
Trade and investment ties between Korea and the Caribbean are reaching historic levels, with total trade between Korea and the Latin America and Caribbean (LAC) region projected to climb to a record US$70 billion in 2025. The milestone coincides with the 20th anniversary of Korea’s partnership with the Inter-American Development Bank Group (IDB Group)—a collaboration that continues to deliver...
Windjammer Landing Resort & Residences has officially completed a $40 million transformation, unveiling a bold new chapter that elevates the property to one of the Caribbean’s premier luxury destinations. The three-year renovation has touched every aspect of the resort—from its architectural design and culinary experiences to service excellence—positioning Windjammer Landing among the Leading...
The Barbados Hotel and Tourism Association (BHTA) is continuing its strategic efforts to elevate Barbados’ international profile by actively promoting the island’s diverse tourism offerings at leading global tradeshows and industry events. As part of its annual outreach initiative, the BHTA - working alongside the Barbados Tourism Marketing Inc. (BTMI) and key public and private sector partners...
Barbados has welcomed its newest boutique gem - South Point Hotel, following a $15 million investment that Tourism Minister Ian Gooding-Edghill hailed as “a substantial and meaningful addition to Barbados’ accommodation landscape.” Speaking at the official opening ceremony on Friday evening, the minister noted that the project signals strong investor confidence in the island’s hospitality...