Barbados’ recent credit rating upgrade by Moody’s is expected to lower borrowing costs, attract more investment, and create room for greater public spending—all positive signs for the island’s economic trajectory, according to leading economist Professor Justin Robinson. Moody’s decision to lift the country’s long-term issuer and senior unsecured ratings from B3 to B2, while maintaining a...
Waldorf Astoria, Hilton’s flagship luxury brand, has unveiled plans for a new high-end residential resort in the Caribbean, marking a significant expansion into one of the region’s most sought-after destinations—Turks and Caicos. Scheduled to debut in 2028, the Waldorf Astoria Turks and Caicos on Dellis Cay will become only the second Waldorf-branded resort in the entire Caribbean and the first in...
Barbados has earned an upgrade in its long-term issuer ratings from B3 to B2 by Moody’s Ratings, reflecting the country's sustained fiscal discipline, economic recovery, and improved debt management. The outlook remains stable. According to Moody’s, the rating improvement stems from Barbados’ consistent primary surpluses, narrowing fiscal deficits, and a firm downward trajectory in public debt....
Easter in Barbados is more than just chocolate eggs and Sunday brunch – it's a vibrant celebration of culture, community, food, and fun! Whether you're a local or a visitor looking for memorable experiences, this Easter weekend (April 18–21) is stacked with must-attend events islandwide. From fish festivals and market pop-ups to beach parties and retro film nights, here's your ultimate guide to the...
Barbados now boasts the largest electric bus fleet in the Western Hemisphere, thanks to the formal handover of 30 new electric buses from the People’s Republic of China. This latest donation brings the island’s total to 89 electric buses and marks the third delivery in an ongoing partnership between the two nations. Deputy Prime Minister and Minister of Transport and Works, Santia Bradshaw,...
Barbados has strengthened its commitment to the growth of gymnastics through a collaborative initiative with the International Gymnastics Federation (FIG) and the Barbados Amateur Gymnastics Association (BAGA), with plans also underway to introduce the dynamic sport of parkour to the island. The announcement came during discussions between Minister of Youth, Sports and Community Empowerment, Charles...
Barbados has secured a US$30 million loan from the World Bank aimed at strengthening the nation’s disaster response systems and boosting resilience against natural and public health emergencies. The financing comes through the Disaster Risk Management Development Policy Loan, which includes the Catastrophe Deferred Drawdown Option (Cat DDO)—a rapid-access credit line that allows the government to...
Barbados and China have reaffirmed their shared commitment to climate action and sustainable development, with a renewed focus on zero-carbon initiatives. This came as officials from both countries gathered in Rockley for a networking session aimed at deepening cooperation on clean energy and low-carbon innovation. The event, held at the Accra Beach Hotel and Spa, was organised by the Association of...
“Trade and investment must be at the centre of the Commonwealth’s renewal,” declared Commonwealth Secretary-General Shirley Ayorkor Botchwey during the 2025 Commonwealth Trade and Investment Summit. Her remarks came at a pivotal time of global economic disruption, marked by sweeping tariffs that have unsettled markets worldwide and affected several Commonwealth countries directly. "This is no...
Barbados is gearing up for a vibrant celebration of culture, community, and cuisine as the beloved Oistins Fish Festival makes its highly anticipated return this Easter. Running from April 12 to 21 under the spirited theme Catch de Culture, this year’s festival promises to be the biggest and boldest yet. Held in the heart of Oistins Bay Garden, the 10-day event will feature an expanded cultural...