Business
341 articles
Adam Stewart Wins Court Battle Over Audit of Butch Stewart Estate Companies
Jamaica's Supreme Court has struck out a bid by executors of the late Butch Stewart's estate to conduct a red-flag audit of companies including Gorstew Limited, ruling they lacked legal standing under the Trusts Act. The decision marks a significant legal victory for Sandals Hotels boss Adam Stewart in a protracted family dispute over his father's estate.
Moringa Seeds Remove Up to 98.5% of Microplastics from Drinking Water, Study Finds
A new study by Brazilian and British scientists has found that extracts from moringa tree seeds can remove up to 98.5% of PVC microplastics from drinking water, performing comparably to commonly used chemical coagulants. Researchers say the natural, biodegradable method shows particular promise for small communities and areas with limited access to conventional water treatment chemicals.
ECLAC Projects 4% Economic Growth for Antigua and Barbuda in 2026
ECLAC projects Antigua and Barbuda's economy will grow by 4.0% in 2026, well above the regional average of 2.2%, following an estimated 5.0% expansion in 2025. The forecast underscores the twin-island nation's continued resilience despite mounting global economic pressures.
Latin America and Caribbean Economy Forecast to Grow 2.2% in 2026
The Economic Commission for Latin America and the Caribbean has revised its 2026 regional growth forecast slightly downward to 2.2%, citing geopolitical tensions, restrictive financial conditions, and rising global inflation. Growth is expected to decelerate in 24 of the region's 33 countries, extending a four-year pattern of persistently low economic expansion.
PM Browne Pressures Hotels on Wages, Threatens Audits Over Tax Manipulation
Prime Minister Gaston Browne has warned hotel operators to raise wages toward a "livable" standard and threatened forensic audits against those suspected of underreporting profits, singling out Sandals by name over alleged tax manipulation.
Taxi Industry President Credits Tourism Minister Fernandez for Sector's Sustained Growth
United Taxi Company President Ian Joseph has credited Tourism Minister Max Fernandez with driving the sustained growth of Antigua and Barbuda's taxi industry, citing expanded tourism, pandemic relief support, and an open-door relationship with the ministry.
Commentary: The Quiet Financial Decisions That Define Our Future
Financial commentator Garfield Joseph examines how the quiet, everyday decisions people make about money — particularly the choice to delay or avoid investing — can have profound consequences over a lifetime. Writing for Antigua News Room, he argues that investing is not a privilege of the wealthy but an act of personal responsibility accessible to anyone willing to start small and stay consistent.
APUA Clinches Second Place in Both Categories at Regional Linesworker Rodeo
An APUA team returned home Tuesday after finishing second in both the experienced and apprentice categories at the CARILEC Linesworker Rodeo in Dominica, marking a strong regional showing for the utility authority.
Antigua and Barbuda Bans Lobster and Parrotfish Harvesting to Safeguard Marine Stocks
Antigua and Barbuda's Fisheries Division has imposed closed seasons on Caribbean spiny lobster and parrotfish beginning May 1, with violators facing fines of up to EC$50,000. The bans aim to protect the species during spawning and ensure the long-term health of the country's marine stocks.
UAE Exits OPEC After Nearly 60 Years, Analysts Warn of Cartel's Decline
The United Arab Emirates has announced it is leaving OPEC and OPEC+ after nearly 60 years, a move analysts are calling a potential turning point for the global oil cartel. The departure strips OPEC of roughly 15% of its production capacity, raising questions about the group's long-term cohesion.
Oil Price Surge Threatens to Ground Caribbean Tourism Momentum
Escalating global oil prices, fuelled by tensions with Iran, threaten to drive up airfares and living costs across the Caribbean, putting Antigua and Barbuda's record-breaking tourism momentum at risk. According to Antigua.news, the country posted historic arrival figures in January 2026, but sustained fuel price increases could erode those gains by making travel to the island more expensive.
Ireland's Ambassador Touts Small-Business Tourism Model as Blueprint for Antigua
Ireland's Ambassador John Concannon has pointed to Ireland's decades-long model of small and medium-sized tourism enterprises as a potential lesson for Antigua and Barbuda's operators, with discussions already held at the highest levels of government.
Antigua Cruise Port Pours First Pool Foundation as Retail and Parking Works Advance
Construction at the Antigua Cruise Port has reached a new milestone, with the first concrete foundation for a planned Day Club pool poured and retail fit-outs advancing. An expanded parking facility linking Lower Church Street and Newgate Street is also set to begin shortly.
Anchor Concierge Demands Retraction from Minister Greene Over 'White Power' Claim
Anchor Concierge Super Yacht Services Ltd. has demanded a retraction and public apology from Hon. E. P. Chet Greene after he allegedly linked company principal Nicholas Line to a "White Power" movement during a radio broadcast. The company has called the claims factually incorrect and potentially damaging to its professional reputation.
SDA Primary School Wins Top Prize at Antigua's First-Ever ABAFY Agri Fest
The Antigua and Barbuda Seventh-day Adventist Primary School won first place at ABAFY's inaugural Agri Fest on Sunday, with grade three students presenting a homegrown kale chip product called "Ah We Chips." The competition brought together primary schools from across the island to develop and pitch original agro-business products to a panel of judges.
APUA Defends CARILEC Lineworkers Rodeo Title in Dominica
The Antigua Public Utilities Authority is competing at the 2026 CARILEC Lineworkers Rodeo in Dominica, looking to defend the championship title it currently holds. Teams from across the Caribbean are being judged on safety, speed and precision in real-world linework challenges.
APUA Finishes Second in Both Categories at 2026 CARILEC Lineworkers Rodeo
Antigua's public utilities authority placed second in both the Experienced and Apprentice categories at the 2026 CARILEC Lineworkers Rodeo in Dominica, reaffirming the team's standing among the Caribbean's top utility crews.
Apple's Foldable iPhone Expected in 2026 — Here's What We Know So Far
Apple's first foldable iPhone is widely expected to launch in September 2026, according to Antigua.news, featuring a book-style design with a 7.7-inch internal display, an A20 chip and a price point above current iPhone Pro Max models. The device may be marketed as the iPhone Ultra rather than the iPhone Fold, with Samsung Display expected to supply the foldable OLED panels.
Is Your TikTok Presence Helping or Hurting Your Talent Recruitment?
Generation Z is increasingly turning to TikTok to evaluate potential employers, and as reported by Antigua News Room, companies that fail to build an authentic presence on the platform risk losing top talent before the hiring process even begins.
US Applicants Now Half of Antigua and Barbuda's Citizenship-by-Investment Caseload
Americans now make up half of all citizenship-by-investment applicants in Antigua and Barbuda in 2026, up from 26 percent last year, as demand for Caribbean 'Plan B' passports reaches record levels. Globally, US nationals accounted for nearly a third of all applications processed by advisory firm Henley & Partners in the first quarter of 2026 alone.