Business
157 articles
Industrial Court upholds ECAB dismissal of 27-year employee found with missing CCTV sign
The Industrial Court has ruled in favour of Eastern Caribbean Amalgamated Bank, upholding the 2018 dismissal of a 27-year employee found in possession of a missing CCTV sign. The court found the termination for gross misconduct was justified and awarded the former worker no compensation.
Kaikoconut Floating Bar Owner Vows to Rebuild After Devastating Fire
Glen Hector, owner of the fire-destroyed Kaikoconut floating bar near Valley Church Beach, has vowed to rebuild the EC$2 million vessel after it was lost to fire Sunday night. The popular tourist attraction, which launched in January 2024, had over EC$120,000 in deposits to refund and 50 confirmed upcoming events at the time of the blaze.
Antigua and Barbuda Issues Final Call for CHOGM 2026 Accommodation Registration
Antigua and Barbuda's Ministry of Tourism is urging accommodation providers to register their properties before March 31 for the 2026 Commonwealth Heads of Government Meeting, which is expected to draw approximately 5,000 international delegates to the island November 1–4.
Fire Destroys Kai Coconut Floating Bar; Owners Promise to Rebuild
The popular Kai Coconut floating bar near Valley Church Beach was destroyed by fire late Monday night, with no injuries reported. The owners say they will regroup and determine their next steps as the cause of the fire remains under investigation.
From Jewelry Counter to Aviation Leader: Juelle Colaire's Rise at Signature Aviation
Juelle Colaire joined Signature Aviation Antigua during the COVID-19 pandemic with little aviation experience and has since risen to the role of Guest Experience Manager, becoming a leading figure in the island's hospitality sector. Her story is featured in an ongoing ABHTA series highlighting the people behind Antigua and Barbuda's tourism industry.
AT1 Investors Face 19 March Deadline to Preserve $17bn Claims Against UBS
International investors holding Credit Suisse AT1 bonds face a 19 March 2026 deadline to preserve potential claims linked to more than $17 billion in securities wiped out during the bank's 2023 UBS takeover. Legal firms are coordinating efforts to help bondholders interrupt Switzerland's statute of limitations before the cutoff date.
ABTA Honours Diaspora Champions at Second Annual New York Celebration
The Antigua and Barbuda Tourism Authority held its second annual Diaspora Celebration in Manhattan, honouring individuals from the diaspora and beyond whose behind-the-scenes efforts have strengthened the twin-island nation's profile in the United States. Tourism Minister Charles 'Max' Fernandez and ABTA USA Director Dean Fenton attended the event to personally recognise the honourees' contributions.
Fire Destroys Kaikoconut Floating Bar Off Antigua's Southwest Coast
A fire has destroyed the Kaikoconut Floating Bar, a popular waterfront attraction moored off Little Ffryes Beach on Antigua's southwest coast. No injuries have been reported, and authorities are expected to investigate the cause of the blaze.
Kai Coconut Floating Bar Destroyed by Fire Off Antigua's West Coast
The popular floating bar Kai Coconut, a two-level luxury entertainment venue anchored off Antigua's west coast near Valley Church and Ffryes Beach, was destroyed by fire late last night. Dramatic video circulating on social media shows the attraction engulfed in flames, though authorities have yet to release details on the cause, extent of damage, or potential injuries.
Swiss Professors' Undisclosed FINMA Ties Cloud Credit Suisse AT1 Academic Debate
Swiss law professors with undisclosed ties to FINMA and federal finance bodies published pointed critiques of the Federal Administrative Court's landmark Credit Suisse AT1 ruling while a Supreme Court appeal remained pending, raising serious questions about academic transparency. According to Antigua.news, neither article's author notes disclosed the authors' prior institutional roles at the very regulator whose legal position the pieces defended.
ABHTA Trains Hospitality Professionals in Kitchen Management and Operational Leadership
The Antigua & Barbuda Hotels and Tourism Association (ABHTA) has completed a two-day Kitchen Management Essentials training course, equipping hospitality professionals with operational and leadership skills. The programme, held at the Muriel O'Mard Campus on March 11–12, 2026, was facilitated by Executive Sous Chef Olvanah Richardson of Blue Waters Resort and Spa.
PM Browne Pushes OECS Air Merger Plan in Talks with Saint Martin Officials
Prime Minister Gaston Browne is continuing talks with regional leaders on a proposal to merge Air Antilles and LIAT into a new carrier, OECS Air, with potential funding from the Eastern Caribbean Central Bank and the EU's Interreg Fund.
APUA Alerts Public to Fake Utility Disconnection Notice Spreading Online
The Antigua Public Utilities Authority is warning the public that a disconnection notice spreading on social media is fake and did not originate from the authority. APUA is urging residents to consult only its official channels for verified utility updates.
Tourism Minister Fernandez: Antigua and Barbuda's Hotel Pipeline Points to Strong Growth
Antigua and Barbuda's tourism industry is on an upward trajectory, with several new hotel developments in the pipeline. Tourism Minister Charles 'Max' Fernandez shared his optimistic outlook in a recent interview with Antigua.news.
Registration Deadlines Approaching for Antigua's Restaurant Week and Eat Like A Local
The Antigua and Barbuda Tourism Authority is reminding restaurants and food vendors that deadlines are approaching to register for the Eat Like A Local programme (March 18) and Restaurant Week (March 31), two flagship events celebrating the island's culinary culture.
Tourism Authority Hosts Mental Health Advocate Julie Mango in Antigua
Mental health advocate and speaker Juliet Bodley, known as Julie Mango, recently visited Antigua and Barbuda as a guest of the Tourism Authority, headlining the Women's Day VIP Conference and exploring the island's rich local culture and culinary offerings. Her visit highlights the experiences on offer during Antigua and Barbuda Culinary Month in May.
WIOC Assures Public: No LPG Shortage Despite Surge in Cylinder Purchases
WIOC is urging the public not to panic buy LPG cylinders, confirming there is no shortage despite a recent spike in purchases. The company also denied any discussions with the government regarding a price increase.
Minimum Wage Hike to $13 Per Hour Set to Benefit Nearly 8,000 Workers
Cabinet has approved a national minimum wage increase to $13 per hour, a move expected to benefit approximately 7,264 workers currently earning between $9 and $12 per hour. The adjustment will be phased in over three years and will affect workers across sectors including hospitality, security, and government programmes.
ABS Television to Move to Caribbean Cinemas Complex Within Two Months
ABS Television is set to relocate to the Caribbean Cinemas complex on Friars Hill Road within two months, following the signing of a contract for the new space. The Department of Works will begin reviewing the new facilities this week.
Antigua and Barbuda Inflation Turns Negative as Prices Fall Into 2026
Inflation in Antigua and Barbuda turned negative in January 2026, with prices falling 1.3% year-on-year and 1.9% month-on-month, driven largely by declining transport and food costs. Separately, CPI data reveals that housing and food together account for nearly half of all household spending in the country.