The Caribbean Development Bank (CDB) and IDB Invest have joined forces in a renewed strategic partnership designed to accelerate private sector development and enhance trade finance access across the Caribbean. The announcement signals a major step toward strengthening the role of small and medium-sized enterprises (SMEs) in driving regional economic growth. This new collaboration places private...
barbados
Barbados’ Platinum Coast is set to welcome a new kind of all-inclusive retreat—one that trades loud parties for sensory elegance, and trend-chasing for timeless calm. Opening in Summer 2026, the Royalton Vessence Barbados, An Autograph Collection All-Inclusive Resort – Adults Only marks the official debut of Marriott’s new adults-oriented Vessence brand in the Caribbean. Previously known as...
Montego Bay is preparing to mark a major milestone in its tourism landscape with the debut of its first-ever Marriott-branded hotel—a contemporary AC Marriott set to transform the city’s iconic Hip Strip. Announced by Sandals Resorts Executive Chairman Adam Stewart, the 165-room property will be built on the former site of Sandals Carlyle and will feature a European Plan (EP) model—moving away...
Barbados News – Barbados Launches Task Force to Boost Visitor Spending and Redefine Tourism Strategy
Barbados is reshaping its tourism strategy to focus not just on increasing arrivals but on boosting visitor spending and deepening economic impact, Minister of Tourism and International Transport Ian Gooding-Edghill announced on Tuesday. Speaking at the opening of Connect Barbados 2025, the minister unveiled a bold, multi-pronged approach that includes the establishment of a Visitor Spend Task Force, a...
Barbados has reached a significant milestone in its economic recovery journey with the successful conclusion of its IMF-supported reform programme, securing the final loan disbursement of approximately US$116 million (BDS$232 million) under the Extended Fund Facility (EFF) and the Resilience and Sustainability Facility (RSF). The IMF Executive Board approved the fifth and final reviews of both...
The upcoming launch of the CARICOM Payments and Settlement System (CAPSS) is set to transform how money moves across the Caribbean and between the region and Africa. Governor Timothy N. J. Antoine of the Eastern Caribbean Central Bank (ECCB) says the system will enhance trade, investment, and financial inclusion, particularly for Micro, Small, and Medium Enterprises (MSMEs). Speaking at the Caribbean...
Browse our latest collection of Homes For Sale in Barbados: 4 Bed Villa with Lush Garden & 2 Self-Contained Apartments – Sunset Crest Villa, Holetown | USD$850,000 Located centrally on the west coast of Barbados, this fully enclosed home features a lush garden with mature trees including mango tree, palms and more. It also has a water feature as you enter the property aiding to the...
Royal Caribbean is charting a bold course for 2026 with major upgrades planned for two of its popular Caribbean-focused cruise ships—Harmony of the Seas and Liberty of the Seas. As part of the cruise line’s Royal Amplified program, these transformations aim to deliver even more entertainment, dining, and adventure to guests sailing through the Caribbean. The amplified vessels, now open for...
Barbados is set to strengthen its tourism and investment landscape with the introduction of new legislation to regulate timeshare and fractional ownership arrangements, Minister of Tourism Ian Gooding-Edghill announced on Thursday. The legislation, recently approved by Cabinet, will provide a clear legal framework for both ownership models. While timeshare arrangements typically allow individuals to...
A landmark collaboration between the International Finance Corporation (IFC) and the CARICOM Committee of Central Bank Governors aims to accelerate green investments across the English-speaking Caribbean, offering new hope for climate resilience, economic growth, and sustainable development in one of the world’s most vulnerable regions. At the core of this agreement is the creation of a regional...