Business
341 articles
Antigua and Barbuda Signs Air Connectivity Deal With Saint-Martin
Antigua and Barbuda has signed a Letter of Intent with the Collectivité of Saint-Martin to improve air transport links across the Eastern Caribbean. The non-binding agreement establishes a framework for cooperation between airports, tourism authorities, and regional carriers.
UWI Five Islands Campus, Agricultural Health Council Formalise Landmark Partnership
The Coordinating Council on Agricultural Health and Food Safety for Antigua and Barbuda has signed a Memorandum of Understanding with the UWI Five Islands Campus, formalising a partnership to advance the nation's agricultural health, food safety policy, and student engagement in food systems.
Antigua and Barbuda Exceeds Global Average Cost for Healthy Diet, CARICOM Data Reveals
New FAO data shows the average daily cost of a healthy diet across 13 CARICOM nations reached PPP $5.81 per person in 2024 — 30% above the global average — with Antigua and Barbuda among the countries exceeding the global benchmark. Both agricultural producers and food importers appear at opposite ends of the regional cost range, pointing to complex structural factors beyond domestic food production.
Ambassador Sanders: Caribbean Trade Diversification Is Necessity, Not Choice
Antigua and Barbuda's Ambassador to the United States, Sir Ronald Sanders, argues that Caribbean nations are not choosing to reduce trade dependence on the U.S. — they are being forced to by tariffs, rising import costs, and increasing barriers to doing business. Writing in a published commentary, he warns that without policy changes, the U.S. risks losing a loyal regional market.
Jumby Bay Removes Seaweed from Mangrove Areas After Parham Residents Raise Alarm
Jumby Bay resort has confirmed that its contractor removed seaweed deposited near mangrove areas in Parham following public complaints, as reported by Antigua.news. The company maintains the original removal activity was authorized, but says immediate steps were taken to address environmental concerns.
WIOC Ownership Transfer Marks 11 Years of Economic Gains for Antigua and Barbuda
Antigua and Barbuda's Cabinet has marked eleven years since the transfer of the West Indies Oil Company to local ownership, citing more than EC$230 million in profits and EC$270 million in infrastructure investment since the 2015 agreement. Officials hail the move as one of the country's most significant modern economic policies.
Antigua and Barbuda Signs Air Connectivity Pact with Saint-Martin
Antigua and Barbuda has signed a Letter of Intent with the Collectivité of Saint-Martin to improve air connectivity across the Eastern Caribbean. Prime Minister Gaston Browne described the non-binding agreement as a significant step toward stronger bilateral relations and regional cooperation.
APUA Reports Rise in Network Leaks as Daily Water Output Tops 9 Million Gallons
APUA has reported a rise in network leaks due to strain on aging pipelines, while confirming that daily water production remains stable at over 9 million imperial gallons. The authority says several infrastructure upgrades, including a new reverse osmosis plant at Crabbs, are currently in progress.
Caribbean Travel Marketplace 2026 Returns to Antigua and Barbuda in May
Caribbean Travel Marketplace 2026 is set to return to Antigua and Barbuda from May 12–15, with appointments now open and buyer registrations already outpacing last year. The 44th edition of the Caribbean's premier B2B tourism event will connect international buyers with regional suppliers over two days of pre-scheduled meetings.
ECCB to Oversee Bank Fees Under New 2026–2031 Strategic Plan
The Eastern Caribbean Central Bank has announced plans to expand oversight of bank fees and charges as part of its 2026–2031 strategic plan, including the creation of a new Office of Financial Conduct to promote fairness and consumer protection across the region's banking sector.
ECCB to Introduce Deposit Insurance Across ECCU Under New 2026-2031 Strategic Plan
The Eastern Caribbean Central Bank has announced it will introduce deposit insurance across the ECCU as part of its 2026-2031 Strategic Plan, with Governor Timothy Antoine citing stronger depositor protection as a core priority. The plan is organised around six themes and also includes the establishment of a new Office of Financial Conduct to oversee bank accountability and customer treatment.
ECCB Governor Warns Falling Populations Pose Serious Risk to Regional Economies
ECCB Governor Dr. Timothy Antoine has warned that six of eight Eastern Caribbean Currency Union member states face stagnant or declining populations, cautioning that the trend poses a serious long-term threat to regional economic growth. He called for diaspora engagement and carefully managed skilled immigration as part of the bank's broader development strategy.
How Antigua and Barbuda Built One of the Caribbean's Thriving Online Casino Markets
Antigua and Barbuda's online casino market is thriving, fuelled by decades of regulatory stability, mobile accessibility, advancing technology and sophisticated player retention strategies. According to Antigua News Room, the country's early entry into online gaming regulation has given it a lasting competitive edge in the regional digital entertainment landscape.
ECCB Reaffirms EC Dollar Peg to US Dollar Ahead of 50th Anniversary
The Eastern Caribbean Central Bank has reaffirmed there are no plans to change the EC dollar's fixed peg to the US dollar, with Governor Timothy N.J. Antoine citing a near-99 percent backing ratio as the bank prepares to mark the arrangement's 50th anniversary in July.
ABFC Partners With Caribbean Music Producer Kitwana Israel to Elevate Antiguan Sound
The Antigua and Barbuda Festivals Commission has partnered with internationally recognised Caribbean music producer Kitwana Israel to develop a Carnival rhythm and provide local artistes with professional industry exposure. The initiative is part of the Commission's broader strategy to grow and elevate the nation's creative industries.
Senate Passes Stricter Anti-Money Laundering Rules for Special Economic Zones
The Antiguan Senate has passed amendments to the country's Special Economic Zone legislation, introducing stricter anti-money laundering rules and expanded regulatory powers for both new applicants and existing operators. Existing businesses within the zones have six months to comply with the new requirements.
Antigua and Barbuda Records Nearly 14,000 Cruise Visitors in a Single Day
Antigua and Barbuda recorded more than 13,900 cruise passengers and crew arriving in a single day at the close of March, with four vessels docking across St. John's and Falmouth Harbours. The milestone underscores the continued strength of the country's cruise tourism sector.
Norway-Funded Recycling Pilot Launches in Fitches Creek Bay to Tackle Household Waste
The Fitches Creek Residents Association has launched a household waste sorting pilot in Fitches Creek Bay, receiving sorting bins through the Norway-funded ReMLit Project to promote recycling and protect a key wetland biodiversity area. The initiative, years in the making, is implemented locally by the National Solid Waste Management Authority and the Department of Environment.
Antigua and Barbuda Posts Record Tourism Arrivals Across All Sectors in January 2026
Antigua and Barbuda has posted its best-ever January tourism results, with record arrivals recorded across the cruise, air, and yachting sectors. Cruise passengers topped 197,000 while air arrivals reached a new high of 36,052 visitors.
CARICHAM Strengthens Regional Resilience with UNDRR Workshop and Strategic Retreat
CARICHAM has concluded a series of high-level meetings in Barbados, held in partnership with UNDRR, focused on disaster risk reduction and private sector resilience. Key outcomes include the establishment of dedicated committees to drive the network's strategic agenda for 2026–2027.