Business
341 articles
Letter: Antiguan Saver Withdraws Funds from Local Banks Over Poor Service, Lack of Innovation
A long-standing customer of Antigua's two main local banks has withdrawn his savings, citing chronic complacency, poor customer service, and a failure to embrace modern banking technology — contrasting sharply with the proactive, app-driven service he receives from foreign institutions in Panama, Jamaica, and the United States.
Rotary Club Donates 32 Laptops to National Public Library to Boost Digital Access
The Rotary Club of Antigua donated 32 HP EliteBook laptops to the National Public Library on March 19, 2026, as part of its Education Through Technology Programme aimed at bridging the digital divide. Library Director Ryllis Mannix said the laptops will significantly improve services for students and researchers.
APUA Pledges Continued Investment to Address Water Scarcity on World Water Day
APUA marked World Water Day 2026 by reaffirming its commitment to tackling water scarcity through continued investment in production, infrastructure and service delivery across Antigua and Barbuda.
US Moves to Lift Iran Oil Sanctions as War Drives Prices to Three-Year High
The Trump administration is temporarily lifting sanctions on Iranian oil barrels at sea to ease a global supply crisis, as the US-Iran war pushes Brent crude to $112 a barrel and US gas prices near $4 per gallon. Officials acknowledge the move carries political risks but argue the additional supply is necessary given the near-closure of the Strait of Hormuz.
Elite Island Resorts Launches 'Love Letter to Antigua' Campaign for Travel Advisors
Elite Island Resorts has launched 'A Love Letter to Antigua,' a campaign providing travel advisors with curated itineraries, an interactive island map, and a fifth-night-free summer promotion at The Verandah Antigua. The initiative also highlights the group's sustainability and community engagement efforts across its portfolio of Antiguan properties.
ECAB to Permanently Close Jolly Harbour ATM Starting March 26
ECAB has announced the closure of its Jolly Harbour Commercial Centre ATM effective March 26, 2026, with no replacement location yet identified. The bank is directing customers to its island-wide ATM network and electronic payment services in the interim.
ABWU, Jolly Beach Resort Seal New Collective Bargaining Agreement
The Antigua and Barbuda Workers' Union and Jolly Beach Resort have signed a new collective bargaining agreement covering wages, allowances, uniforms, and transportation. The contract spans from July 1, 2024, to June 30, 2027.
Sir Lester Bird Medical Centre Welcomes New Ophthalmologist to Specialist Team
The Sir Lester Bird Medical Centre has appointed consultant ophthalmologist Dr. Carlos Rojas Guédez to its specialist team, expanding eye care services available to patients on a referral basis through the Outpatient Clinic.
Roofing Phase Underway at Antigua Cruise Port Upland Development
Roofing work is now underway across kiosks and commercial buildings at the Antigua Cruise Port's upland development, as the LICCOM construction team advances through Phase 2 of the project. The completed spaces are expected to offer duty-free retail, local cultural experiences, and expanded business opportunities for visitors.
Industrial Court Upholds Dismissal of ECAB Worker After 27 Years of Service
The Industrial Court has upheld the 2018 dismissal of former ECAB employee Edzel Joseph, ruling his termination after 27 years of service was justified following his possession of bank property reported as missing. Joseph was denied both compensation and retirement contributions.
Industrial Court upholds ECAB dismissal of 27-year employee found with missing CCTV sign
The Industrial Court has ruled in favour of Eastern Caribbean Amalgamated Bank, upholding the 2018 dismissal of a 27-year employee found in possession of a missing CCTV sign. The court found the termination for gross misconduct was justified and awarded the former worker no compensation.
Kaikoconut Floating Bar Owner Vows to Rebuild After Devastating Fire
Glen Hector, owner of the fire-destroyed Kaikoconut floating bar near Valley Church Beach, has vowed to rebuild the EC$2 million vessel after it was lost to fire Sunday night. The popular tourist attraction, which launched in January 2024, had over EC$120,000 in deposits to refund and 50 confirmed upcoming events at the time of the blaze.
Antigua and Barbuda Issues Final Call for CHOGM 2026 Accommodation Registration
Antigua and Barbuda's Ministry of Tourism is urging accommodation providers to register their properties before March 31 for the 2026 Commonwealth Heads of Government Meeting, which is expected to draw approximately 5,000 international delegates to the island November 1–4.
Fire Destroys Kai Coconut Floating Bar; Owners Promise to Rebuild
The popular Kai Coconut floating bar near Valley Church Beach was destroyed by fire late Monday night, with no injuries reported. The owners say they will regroup and determine their next steps as the cause of the fire remains under investigation.
From Jewelry Counter to Aviation Leader: Juelle Colaire's Rise at Signature Aviation
Juelle Colaire joined Signature Aviation Antigua during the COVID-19 pandemic with little aviation experience and has since risen to the role of Guest Experience Manager, becoming a leading figure in the island's hospitality sector. Her story is featured in an ongoing ABHTA series highlighting the people behind Antigua and Barbuda's tourism industry.
AT1 Investors Face 19 March Deadline to Preserve $17bn Claims Against UBS
International investors holding Credit Suisse AT1 bonds face a 19 March 2026 deadline to preserve potential claims linked to more than $17 billion in securities wiped out during the bank's 2023 UBS takeover. Legal firms are coordinating efforts to help bondholders interrupt Switzerland's statute of limitations before the cutoff date.
ABTA Honours Diaspora Champions at Second Annual New York Celebration
The Antigua and Barbuda Tourism Authority held its second annual Diaspora Celebration in Manhattan, honouring individuals from the diaspora and beyond whose behind-the-scenes efforts have strengthened the twin-island nation's profile in the United States. Tourism Minister Charles 'Max' Fernandez and ABTA USA Director Dean Fenton attended the event to personally recognise the honourees' contributions.
Fire Destroys Kaikoconut Floating Bar Off Antigua's Southwest Coast
A fire has destroyed the Kaikoconut Floating Bar, a popular waterfront attraction moored off Little Ffryes Beach on Antigua's southwest coast. No injuries have been reported, and authorities are expected to investigate the cause of the blaze.
Kai Coconut Floating Bar Destroyed by Fire Off Antigua's West Coast
The popular floating bar Kai Coconut, a two-level luxury entertainment venue anchored off Antigua's west coast near Valley Church and Ffryes Beach, was destroyed by fire late last night. Dramatic video circulating on social media shows the attraction engulfed in flames, though authorities have yet to release details on the cause, extent of damage, or potential injuries.
Swiss Professors' Undisclosed FINMA Ties Cloud Credit Suisse AT1 Academic Debate
Swiss law professors with undisclosed ties to FINMA and federal finance bodies published pointed critiques of the Federal Administrative Court's landmark Credit Suisse AT1 ruling while a Supreme Court appeal remained pending, raising serious questions about academic transparency. According to Antigua.news, neither article's author notes disclosed the authors' prior institutional roles at the very regulator whose legal position the pieces defended.