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...
The Caribbean Tourism Organization (CTO) has unveiled its 2025 theme, “Caribbean Resilience: Crafting Tomorrow’s Tourism.” This theme underscores the region’s commitment to strengthening its tourism sector by leveraging its inherent strengths, addressing emerging challenges, and embracing innovation. Ian Gooding-Edghill, CTO Chairman and Barbados’ Minister of Tourism and International...
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...
Barbados Port Inc. has unveiled plans to transform into the world’s most innovative and environmentally sustainable maritime hub by 2030. CEO David Jean-Marie announced the ambitious vision during a ceremony honoring top students in marine diesel engineering and marine operations from the Samuel Jackman Prescod Institute of Technology. Central to the port's transformation is a comprehensive fleet...
Prime Minister Mia Mottley of Barbados has been awarded one of Suriname’s highest national honors, the Grand Cordon in the Order of the Palm, in recognition of her exceptional leadership and dedication to strengthening Caribbean unity. The ceremony, held at the Presidential Palace, highlighted Mottley’s significant contributions to Barbados-Suriname relations, her pivotal role within the Caribbean...
Following the UK Spring Budget of 2024, which introduced significant changes to the taxation system for non-domiciled individuals in the UK—often referred to as UK non-doms—Barbados has emerged as a prime relocation destination. The proposed elimination of the remittance basis of taxation and other reforms has prompted many international entrepreneurs residing in the UK to reconsider their tax...
Barbados' Welcome Stamp initiative has emerged as a beacon for digital nomads, drawing in a remarkable amount of participants over the past years, with a majority hailing from the United States. This innovative program, designed to offer a seamless blend of work and leisure in a picturesque island setting, has proven to be a resounding success, showcasing a promising model for sustainable...