Section
Markets, enterprise, and economic developments.
Lead story
Barbados secures US$56 million from the IMF, exceeding economic growth expectations and advancing climate resilience initiatives. Funds support BERT 2022 and climate policy agenda, with positive economic indicators highlighted.
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Barbados secures US$12.4 million loan and US$300,000 grant from CARICOM Development Fund for climate-resilient wastewater project. Funds to support 3R CReWS initiative and enhance water management.
Abed’s fabric and home décor store opens new location in Welches, St Thomas, offering expanded product ranges and a unique shopping experience. Open daily with extended hours for the holidays.
Barbados Hotel and Tourism Association reports a surge in international flights, with the US market leading the way. Visitor arrivals show significant growth, particularly from the US, Canada, and CARICOM regions.
LIAT (2020) Ltd launches new flight to Trinidad on December 19, enhancing Caribbean connectivity. CEO emphasizes commitment to seamless travel, while Trinidad's Minister of Works praises regional unity and collaboration.
