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 |...
Motorists in Barbados can now update and receive vehicle registration discs online, eliminating the need for in-person visits to Barbados Revenue Authority (BRA) payment centres. The new digital vehicle registration system, accessible via https://portal.bra.gov.bb, marks a significant shift toward convenience and efficiency for thousands of drivers across the island. A Collaborative Digital...
Barbados is set to welcome a state-of-the-art indoor facility for badminton and squash by next year, marking a major milestone for both sports on the island. The $4.5 million project, spearheaded by the National Sports Council (NSC), will be constructed at the Garfield Sobers Sports Complex in Wildey, St. Michael. This was announced during a groundbreaking ceremony for the facility on...
The Fair Trading Commission (FTC) is gearing up for a transformative expansion and reform, reinforcing its role in consumer protection and utilities regulation. Minister of Energy and Business, Senator Lisa Cummins, unveiled these changes during Monday’s Senate debate on the Appropriation Bill, 2025. She also announced that, effective April 1, attorney Brian Reece will take the helm as the new Chief...
Barbados rolled out the red carpet last Tuesday as it welcomed the Mitsui Ocean Fuji, Japan’s most luxurious all-suite cruise ship, on its inaugural visit to the island. A traditional plaque exchange ceremony marked the special occasion, celebrating the vessel’s first-ever stop in Barbados. As part of its grand world tour, the Mitsui Ocean Fuji made only two port calls in the Caribbean - one of...