Business
341 articles
UPP's Pringle Pitches Strategic Social Security Investment Plan to Boost Pensions
UPP Leader Jamale Pringle has proposed a strategic Social Security investment programme that he says will boost pension payments and fund national development projects. The plan, announced at a campaign rally, forms part of the UPP's broader platform focused on economic relief and income security.
St Kitts and Nevis to Host AfriCaribbean Trade Forum in July 2026
Afreximbank has signed a Hosting Agreement with the Government of St Kitts and Nevis to hold the fifth AfriCaribbean Trade and Investment Forum from July 29–31, 2026, in Basseterre. The forum aims to deepen Africa-Caribbean trade ties and build on over USD 700 million in financing Afreximbank has approved across the CARICOM region in recent years.
Minimum Wage in Antigua and Barbuda Rises to $11.50 Per Hour on April 1
Antigua and Barbuda's minimum wage will increase to $11.50 per hour effective April 1, 2026, following a new Minimum Basic Wage Order issued by the Minister of Labour. Employers who fail to comply face fines upon summary conviction.
APUA Details Steps for Residents to Restore Disconnected Utilities Under Amnesty Programme
APUA has outlined the procedures for its utility amnesty programme, which allows residents with disconnected electricity, water, or telephone and internet services to apply for reconnection until May 29, 2026. Applicants must visit one of two service centres in person and may be subject to a mandatory safety inspection if their property has been without service for an extended period.
Anique Goodwin: 30 Years of People-First HR Leadership at Curtain Bluff Resort
With over 30 years in Human Resources, Anique Goodwin continues to champion people-first leadership and inclusive workplace culture at Curtain Bluff Resort, as reported by Antigua News Room. Her career spans talent acquisition, organizational development, and workplace wellness across both the private sector and hospitality industry.
CPL Generates US$19.5 Million Economic Impact for Antigua & Barbuda in 2025
The Republic Bank Caribbean Premier League generated a total economic impact of US$19.5 million for Antigua & Barbuda during the 2025 tournament, including US$10.7 million in direct economic impact and US$8.8 million in international media value, according to an independent assessment.
Barbuda Sees Unprecedented $500M Investment Wave Reshape Its Future
Barbuda is in the midst of a historic development boom, with Prime Minister Gaston Browne announcing more than $500 million in public and private investment projects spanning luxury resorts, housing, and a newly upgraded international airport. According to Antigua News Room, major contributors include a $300 million MurBee Development project, a $100 million-plus Barbuda Ocean Club investment, and a $14 million airport that has already handled nearly 100 flights since opening in late 2024.
IMF Cuts Global Growth Forecast Amid Iran War, Warns of Recession Risk
The IMF has cut its 2026 global growth forecast to 3.1%, warning that a prolonged war with Iran and surging energy prices could push the world economy to the brink of recession. As reported by Antigua News Room, the fund cautioned that oil and gas prices spiking 100–200% could reduce global growth to just 2%.
AI Model Used for First Time in 2026 Atlantic Hurricane Season Forecast
Colorado State University researchers have incorporated an AI model, the ACE2 Climate Emulator, into their 2026 Atlantic hurricane season outlook for the first time, using it to project wind patterns alongside traditional forecasting methods. The season is expected to be slightly below average, though experts stress that Caribbean nations must remain prepared regardless.
APUA Set to Complete Tyrells Booster Station, Bringing Relief to Liberta Residents
The Antigua Public Utilities Authority says its new Tyrells booster station will be completed within the week, promising improved water pressure for Liberta residents in Green Hill, Horsford Hill, and surrounding elevated communities.
Antigua Motors GM Pushes Back on Duty-Free Claims, Demands Equal Tax Treatment
Antigua Motors General Manager Paul "Pablo" Ryan has refuted suggestions that car dealers are seeking the removal of all vehicle taxes, calling instead for a uniform and equitable tax system that applies equally to all buyers. Ryan outlined concerns over inconsistent duty concessions that he says distort vehicle pricing and valuations across the market.
Antigua and Barbuda Lags Behind Regional Peers in Internet Usage, ITU Data Shows
Antigua and Barbuda's internet usage rate of 72.7% places it below the global average and behind several lower-income regional peers, according to 2024 data from the International Telecommunication Union. Across CARICOM, usage ranges from 92.5% in The Bahamas to 47.9% in Haiti.
APUA Booster Station in Tyrells to Bring Relief to Liberta's Water-Stressed Communities
The APUA Water Business Unit is set to commission a new booster station in Tyrells this week, with residents in Liberta and surrounding elevated communities expected to see significant improvements in water pressure and supply reliability.
NY Court Keeps Credit Suisse AT1 Fraud Claims Alive, Extending UBS Liability Risk
A U.S. federal judge has allowed securities-fraud claims linked to Credit Suisse's 2023 AT1 bond wipeout to proceed in New York, keeping alive litigation with potential liability implications for UBS. The March 26 ruling permits claims under federal securities law to move forward while dismissing related racketeering counts.
SLBMC Urges Former Employees to Claim Retroactive Pay Owed Since 2010
The Sir Lester Bird Medical Centre is urging former employees at home and abroad to claim retroactive payments — including a 9 percent salary increase and risk allowances — covering periods dating as far back as 2010. Eligible claimants are asked to submit inquiries via email to the hospital's designated address.
Jolly Harbour Freeholder Challenges CDAL Over Fogging Programme and Property Rights
A Jolly Harbour freehold property owner is challenging Caribbean Developments (Antigua) Limited over alleged unauthorised service charges and a chemical mosquito fogging programme he says poses serious health risks to residents. The dispute, reported by Antigua.news, has prompted a formal regulatory inquiry into whether the developer holds a valid pest control operator licence.
Caribbean Airlines Introduces Fuel Surcharge Amid Rising Global Oil Prices
Caribbean Airlines has introduced an immediate fuel surcharge of US$15 to US$25 per sector on all tickets, excluding domestic Trinidad and Tobago routes, in response to rising global jet fuel prices. The airline says base fares remain unchanged and that passengers who booked before Friday will not be affected.
SLBMC Issues Retroactive Pay Notice to Former Employees
The Sir Lester Bird Medical Centre has notified former employees of retroactive payments linked to a 9% salary increase and a risk allowance, with eligibility covering various periods between 2010 and 2024. Former staff are instructed to submit inquiries by email, with payments to be issued by cheque locally or bank transfer for those residing overseas.
Final Day of Zero-Rated ABST on Food and School Supplies Ends at Midnight
The government's two-day zero-rated ABST initiative on food and school supplies reaches its final hours today, with the tax break set to expire at midnight. Shoppers are urged to confirm eligible items at the point of purchase before the window closes.
APUA Launches Amnesty Programme for Customers Disconnected Over 180 Days
APUA has launched a Utility Amnesty Programme giving residential customers disconnected for more than 180 days the chance to restore electricity, water, or telephone services. The initiative, stemming from a Cabinet decision in April 2026, accepts applications until May 29, 2026.