The Caribbean Development Bank (CDB) has introduced the SheTrades Caribbean Grow and Go Grant Facility, a USD 500,000 programme designed to strengthen the competitiveness of women-led businesses across the region. The initiative, launched virtually on March 27, 2025, marks a significant step toward enhancing women’s participation in international trade. Targeting women-owned and led micro, small, and...
Demolition of the aging National Stadium at Waterford, St. Michael, is set to begin in two weeks, marking the first step in the construction of a brand-new facility for athletes. The entire project, expected to span over two years, will cost an estimated $80 million. The Ministry of Sports announced the plans yesterday, detailing the phased redevelopment of the stadium. During a press conference at the...
Public Service Vehicle (PSV) operators have welcomed the government's release of $3 million in financing to kick-start the transition to cleaner and more energy-efficient transport—a move that has been anticipated for years. Chairman of the Alliance Owners of Public Transport (AOPT), Roy Raphael, stated that the funding marks the long-awaited beginning of the PSV sector’s Transport Energy Project....
The Caribbean real estate market is undergoing one of its biggest shifts since the pandemic-era boom. High-net-worth buyers are now seeking what brokers call "super-prime" real estate—properties priced at $20 million, $30 million, and even $40 million or more. With luxury listings appearing across multiple islands, the region is solidifying its status as a premier destination for ultra-exclusive...
Barbados is charting a bold path toward becoming a premier transshipment and logistics hub with the introduction of the Seaport Industry (Management, Operations and Development) Bill, 2025. This transformative legislation aims to modernize the island’s maritime sector, enhance global trade competitiveness, and create new economic opportunities. Presented in Parliament by Minister of Tourism and...
The Green Climate Fund (GCF) Caribbean Regional Dialogue concluded last Friday with a powerful session, the Trade and Business Forum, which highlighted the vital role of the private sector in driving the Caribbean’s green transition. The forum, led by Caribbean Export, gathered key stakeholders from across the region to discuss how trade and business can accelerate climate resilience and economic...
Antigua, Barbuda, Dominica, Barbados, Grenada, and Jamaica - these are just a few of the Caribbean islands now served by LIAT 20, a growing regional airline that has recently expanded its schedule to operate daily flights across the region. Now flying seven days a week, LIAT 20 has expanded its service across the region, connecting 14 destinations from Trinidad and St. Vincent in the south to Jamaica...
In an effort to ease the financial strain of medical expenses, the Barbados Public Workers Cooperative Credit Union Limited (BPWCCUL) has formed a strategic partnership with Bayview Hospital. This collaboration aims to make premium healthcare more accessible by offering financial support to Barbadians who struggle to afford necessary procedures. Through BPWCCUL’s loan programs, qualifying current and...
CIBC Caribbean Bank Limited has reported a net income of US$55.8 million for the first quarter of its 2025 financial year, describing the results as “solid” despite a decline from the US$84.6 million earned in the same period in 2024. Impact of Credit Provisions on Performance Chief Executive Officer Mark St Hill attributed the year-over-year decrease in profit to higher provisions for credit...
One of the most significant trends shaping Caribbean real estate in recent years has been the rise of branded residential resorts. These developments, offering high-end residences with luxury hotel amenities provided by globally recognized brands, have been surging across the region, cementing the Caribbean as a global hub for this booming sector. View Barbados Resort Homes For Sale 5143 |...