Business
763 articles
Antigua Hosts Landmark ICAO Regional Aviation Meeting for First Time
Antigua and Barbuda is hosting the 14th meeting of the Directors of Civil Aviation of North America, Central America, and the Caribbean — a historic first for the OECS-ECCAA region. Aviation leaders from across the hemisphere are convening at the American University of Antigua from June 1 to 5 to address safety, security, sustainability, and regional cooperation.
Antigua Ministers Push for Commercial Sargassum Solutions as Crisis Threatens Tourism
Tourism Minister Michael Freeland has revealed that a company will visit Antigua and Barbuda in June to explore commercial uses for sargassum, as ministers warn the growing seaweed crisis threatens tourism, public health, and coastal infrastructure.
PM Browne Assures CIBC Caribbean Staff: No Job Losses in Butterfield Acquisition
Prime Minister Gaston Browne has assured CIBC Caribbean employees that no jobs will be lost following the bank's acquisition by the Bank of N.T. Butterfield & Son Limited in a deal valued at approximately US$1.8 billion. Browne made the comments on his weekly radio show, responding to concerns raised by workers and the Antigua and Barbuda Workers' Union.
LIAT Signs Interline Deal with Air Caraïbes, Connecting Caribbean to Europe
LIAT (2020) Limited and Air Caraïbes have signed an interline agreement, effective June 1, 2026, enabling passengers to book seamless single-ticket travel between the Eastern Caribbean and Europe, including through-baggage service to final destinations.
APUA to Conduct Overnight Underground Scanning on High Street and St. Mary's Street
APUA's Water Business Unit will conduct an overnight underground scanning exercise along High Street and St. Mary's Street in St. John's from 6:00 p.m. on May 29 to 6:00 a.m. on May 30, 2026, as part of preparations for planned water infrastructure works. Motorists are asked to avoid parking on the southern side of both streets during the operation.
Government Launches Major Dam Projects to Strengthen Food Security
The Government of Antigua and Barbuda has approved a major agricultural water infrastructure programme, with a new dam nearing completion in Table Hill Gordon and a flagship project underway in Bethesda. The initiative aims to improve irrigation, boost domestic food production, and reduce the country's reliance on food imports.
US$200M Zen Resort Breaks Ground at Long Bay with AI Butlers and Underwater Chapel
The Ediacaran Group has broken ground on the US$200 million Long Bay Zen Resort in Antigua, a 113-key luxury property featuring an AI butler service and an underwater chapel, with government backing and construction set to accelerate later this year.
Butterfield to Acquire CIBC Caribbean in Landmark $1.8 Billion Deal
Bank of N.T. Butterfield & Son Limited has announced a definitive agreement to acquire CIBC Caribbean in a deal valued at approximately US$1.8 billion, creating a combined banking group with roughly US$29 billion in assets. The transaction, subject to regulatory approval, is set to become one of the most consequential banking mergers in Caribbean financial history.
Caridocs to Host Document Processing Support Day for Jamaicans in Antigua
Immigrant support service Caridocs will host a Bulk Application Day on June 5 at the Villa Polyclinic Conference Room to assist Jamaican nationals in Antigua and Barbuda with official document processing and authentication requirements. The organisation is also warning the public to avoid fraudulent 'back door' document services.
ECAB to Permanently Close Woods Legacy Branch on June 1
Eastern Caribbean Amalgamated Bank (ECAB) will permanently close its Woods Legacy Branch on June 1, 2026, with customers directed to alternative branches and digital platforms. The bank is urging customers to complete safety deposit box transfers and collect outstanding items before May 29.
Cement Shortage Set to End as Dredging Works Near Completion, Government Says
The government says cement shortages affecting construction and roadworks across Antigua and Barbuda are nearly over, with dredging works near the Crabbes cement silos expected to ease delivery into the country. Governor General Sir Rodney Williams addressed the issue during Tuesday's Throne Speech.
Tourism Minister Fernandez Lauded as Antigua and Barbuda Targets One Million Cruise Arrivals
Antigua and Barbuda's Tourism Minister Max Fernandez was publicly praised during Tuesday's Throne Speech as the country anticipates surpassing one million cruise passenger arrivals this season. Governor General Sir Rodney Williams also projected overnight visitor arrivals to exceed 500,000 for the year.
Sir Aziz Hadeed to Receive Official Funeral After Sudden Death in Chicago
Sir Aziz Hadeed, a towering figure in Antiguan business and philanthropy, has died suddenly in Chicago and will be accorded an official funeral. His passing has prompted widespread grief and tributes from across Antigua and Barbuda, including from Prime Minister Gaston Browne.
ABAA Launches Legacy Wall Initiative to Preserve Antigua's Aviation History
The Antigua and Barbuda Airport Authority has launched the "Legacy Wall" initiative, calling on the public to submit photographs and artwork celebrating the nation's aviation history for display at V.C. Bird International Airport. The project also includes a youth art component aimed at engaging young creatives.
Hollywood Star Marsai Martin Visits Hodges Bay Resort for Mother's Birthday
Hollywood actress and producer Marsai Martin has been photographed enjoying a stay at Hodges Bay Resort & Spa on Antigua's north coast, with the visit believed to be a celebration of her mother's 50th birthday. As reported by Antigua.news, Martin shared highlights of her trip on Instagram, including a visit to the resort's acclaimed Katsuya restaurant.
Arctic Power Struggle Intensifies as Climate, Resources and Military Ambitions Collide
The Arctic has moved from the periphery of global affairs to the centre of a multi-front contest over energy, critical minerals, shipping routes and military deterrence, as record-low sea ice levels accelerate the region's transformation into a major geopolitical arena. According to Antigua.news, seven of the eight Arctic territorial states are now NATO allies following Sweden and Finland's recent accessions, reshaping the balance of power in the High North.
Caribbean Airlines Route Cuts Spark Regional Debate, Spotlight Falls on LIAT
Caribbean Airlines will discontinue services to Dominica, St. Kitts, and the Ogle-to-Suriname route from June 1, following losses exceeding US$18.8 million on its Eastern Caribbean network. The cuts have intensified regional debate over intra-Caribbean airlift and raised questions about whether LIAT 2020 can step in to fill the gap.
Sir Aziz Hadeed, Businessman and Philanthropist Who Shaped Antigua and Barbuda, Dies
Sir Aziz Hadeed, a prominent businessman, philanthropist and recently knighted national development advocate, has died overseas, according to Antigua.news. His decades of contributions to education, healthcare, sports and community welfare leave a profound legacy across Antigua and Barbuda and the wider Caribbean.
Industrial Court Orders State Insurance to Pay Ex-CFO $886,000 for Unfair Dismissal
The Industrial Court has ordered State Insurance Company Limited to pay former Chief Financial Officer Andre Knight EC$886,909.90 after ruling his summary dismissal following 21 years of service was unfair and procedurally flawed. The judgment, reported by Antigua.news, includes EC$50,000 in exemplary damages after the court found the termination was carried out in a harsh and oppressive manner.
Switzerland Votes June 14 on Cap That Could Reshape Its EU Ties
Swiss voters head to the polls on June 14 to decide on a constitutional initiative that would cap the country's population at 10 million — a vote that could unravel Switzerland's free movement agreement with the EU and destabilise the broader bilateral treaties underpinning its access to the European single market. Polling shows the race too close to call, with campaigning costs reaching record levels.