Barbados is poised to receive a substantial boost in funding from one of its primary development partners for various private sector-led projects spanning multiple sectors. Officials from the Inter-American Development Bank (IDB) Group revealed this during an interview with Barbados TODAY on Tuesday. Following a productive meeting with government and private sector representatives on Monday, James...
Chefette, Barbados' renowned quick-service restaurant chain and a personal favorite of pop superstar Rihanna, is set to make its US debut this summer. Collaborating with Barbados Tourism Marketing Inc (BTMI), Export Barbados, and JetBlue, Chefette will be launching a food truck pop-up event in Manhattan, New York City on Tuesday, June 6, followed by a similar event in Boston on Thursday, June 8. The...
Barbados, known for its picturesque white sandy beaches, vibrant music, and captivating beauty, has set its sights on attracting tourists from the Gulf region. While the Caribbean island nation has long been a popular destination for global travelers seeking relaxation and natural wonders, it remains relatively unknown to tourists from the Gulf. However, Barbados is determined to change that. At the...
Francesco La Camera, the Director-General of the International Renewable Energy Agency (IRENA), believes that the Caribbean holds significant potential for a large-scale offshore wind farm project. La Camera highlighted the agency's request to develop an idea for offshore wind projects in the region, emphasizing the immense opportunities available, including solar energy and agri-food...
Kilchoman, the renowned Islay Scotch whisky producer, has been granted planning permission to establish a rum distillery in Barbados. In August 2021, Kilchoman acquired the abandoned Bentley Mansion and nine acres of land in the parish of Saint Philip. The company has outlined its vision to construct dedicated structures for the rum distillery, milling operations, and cask warehousing, while also sourcing...
Caribbean resorts and businesses have long struggled with expensive energy costs. However, as the region experiences a surge in hotel construction and investment, there is an increasing demand for sustainable, reliable, and cost-effective energy solutions. One company that is revolutionizing the Caribbean's clean energy landscape is E-Finity Distributed Generation. E-Finity, a trailblazer in...
The annual Caribbean Hotel and Resort Investment Summit has commenced in Coral Gables, Florida, marking the region's most prominent event in the hospitality industry. Held at the Loews Hotel in Miami's Coral Gables neighborhood, the 14th edition of the summit brings together a distinguished group of developers, hotel owners, investors, and executives from across the Caribbean. With over 400 delegates in...
The desire for adventure, favorable exchange rates, and the flexibility to work from anywhere have sparked a renewed interest among Americans in owning property overseas. Take John and Felicia Magliula, for example. As self-proclaimed adventurers, they sought a new place to call home for their growing family and ultimately chose St. Croix in the Caribbean. They purchased a spacious estate there for $1.4...
The Caribbean has always been a sought-after destination for American and Canadian tourists in search of sun, sand, and relaxation. However, in recent years, the region has also gained popularity among a different group of travelers: digital nomads. With its warm climate, affordable cost of living, and expanding digital infrastructure, the Caribbean has become a magnet for remote workers and...
The Caribbean real estate market is experiencing a remarkable surge, attracting the attention of savvy investors seeking lucrative opportunities in the region. As the market expands, investors are turning to artificial intelligence (AI) to optimize their investment strategies. In this article, we delve into the ways investors can utilize AI to make smart real estate investments in the Caribbean. The...