Press Releases
Barbados Sets Sights on No. 1 Spot in Global Captive Insurance
Bridgetown, Barbados – October 1st, 2025 Barbados’ position among the world’s top ten captive insurance domiciles is not good enough, according to Minister of Energy and Business, Senator Lisa Cummins, who says the government is targeting the number one spot. Speaking at the Media Launch of Global Business Week 2025 (GBW 2025) on September 30—hosted […]
Continue readingPanama Eyes $20 Billion Economic Expansion, Invites Barbados to Join in the Boom
Panama is poised to receive more than US$20 billion in new investment over the next year, centred around the Panama Canal, with several other major development projects also on the horizon. The country’s Minister of Foreign Affairs, Javier Martínez-Acha Vásquez, has extended an invitation for Barbados to become part of this transformative growth phase. Martínez-Acha […]
Continue readingBarbados International Business Association’s New Board of Directors Supports Private Sector Push for Crime Interventions
Press Release Bridgetown, Barbados, June 25, 2025 – The President of BIBA, the Association for Global Business, Mr. Marlon Yarde, has commended the Government of Barbados for initiating a “frank, solution-focused dialogue on a multi-sectoral commitment to a whole-of-country response to the sharp and deeply concerning 56% increase in violent crime for 2025 thus far”. […]
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Business leaders urged to be patient with new Business Barbados entity
Business leaders are being encouraged to give the newly established Business Barbados time to deliver results, as it moves to address one of the island’s most persistent challenges—inefficient business facilitation. The call for patience came from Marlon Yarde, President of BIBA, the Association for Global Business, as he welcomed attendees at BIBA’s Business Facilitation & […]
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ESG’s value in the corporate space is essential
The concept of Environmental, Social and Governance (ESG) in the corporate world is not a simple repackaging of corporate social responsibility (CSR). This was explained to delegates attending the hybrid 2024 Global Business Week Conference staged by BIBA, the Association for Global Business at the Lloyd Erskine Sandiford Centre in Barbados on October 24 and […]
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Global tax expert urges Barbados to sign more DTIs
Barbados has been advised that its signatory to the Global Minimum Tax does not lessen or eliminate the value or importance of Barbados’ extensive Double Taxation Agreements (DTAs) and bilateral investment treaties (BITs). This has been outlined by Pascal Saint-Amans, partner with the Brunswick Group, and a former director of the Centre for Tax Policy and […]
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Compliance specialist: New FATF evaluations are on the doorstep
A compliance expert has urged regulated entities and other related institutions in Barbados that they remain under the microscope of international watchdog agencies, and it was incumbent that all their regulatory and compliance standards are maintained to ensure the island’s standing as a well-regulated hub. Glenna Smith, the Managing Director of Smith Compliance Consulting and […]
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