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...
Owning a home could soon be a reality for thousands of Barbadians, thanks to a bold new set of tax cuts, expanded mortgage relief, and streamlined land policies aimed at breaking down barriers to affordable housing. In his budget speech on Monday, Minister of Finance Ryan Straughn unveiled these sweeping reforms, which take effect from April 1, the start of the new fiscal year. His message was clear:...
St. James, located on the prestigious west coast of Barbados, offers an idyllic lifestyle, blending luxury, culture, and natural beauty. Known as the "Platinum Coast," St. James is celebrated for its stunning beaches, high-end real estate, and upscale amenities, making it a sought-after destination for both expatriates and locals alike. Whether you are considering moving to Barbados or looking to invest...
The latest budget introduces several measures designed to strengthen economic growth, enhance resilience, and ease the cost of living. From tax breaks to new social benefits, these updates affect businesses, workers, and everyday citizens. Here’s a breakdown of the most important changes and what they mean for you. Building a More Resilient Future The government is repurposing the Catastrophe Fund...