Business
274 articles
Beaches Resorts Opens $150M Treasure Beach Village at Turks and Caicos Resort
Beaches Resorts has officially opened Treasure Beach Village, a US $150 million oceanfront expansion at Beaches Turks and Caicos, featuring 101 multi-bedroom suites, six new dining concepts and an extensive collection of commissioned local artwork. The ribbon-cutting ceremony on February 28 drew Turks and Caicos government officials, resort executives and local artists, with the first guests welcomed on March 1.
OECS Backs Historic Caribbean-Africa Direct Flight in South-South Milestone
The first large-scale direct commercial charter flight from the Caribbean to Africa departed St. Kitts on March 21, 2026, carrying over 100 delegates to Abuja, Nigeria. The OECS-backed flight marks a historic step toward stronger South-South economic and cultural ties between the two regions.
OnlyFans Billionaire Leonid Radvinsky Dies at 43 After Private Cancer Battle
Leonid Radvinsky, the billionaire owner of OnlyFans, has died at 43 following a private battle with cancer, with the company announcing he 'passed away peacefully.' Radvinsky acquired the parent company of OnlyFans in 2018 and oversaw its growth into a multibillion-dollar global platform.
Air Peace Chairman Denies Being Served in Lagos Tax Lawsuit
Air Peace says neither its Chairman Dr. Allen Onyema nor Vice Chairman Mrs. Alice Onyema has been served with any court summons related to a reported Lagos State tax lawsuit. The airline insists all tax obligations are current and disputes the claim that proceedings have been ongoing since February.
Letter: Antiguan Saver Withdraws Funds from Local Banks Over Poor Service, Lack of Innovation
A long-standing customer of Antigua's two main local banks has withdrawn his savings, citing chronic complacency, poor customer service, and a failure to embrace modern banking technology — contrasting sharply with the proactive, app-driven service he receives from foreign institutions in Panama, Jamaica, and the United States.
Rotary Club Donates 32 Laptops to National Public Library to Boost Digital Access
The Rotary Club of Antigua donated 32 HP EliteBook laptops to the National Public Library on March 19, 2026, as part of its Education Through Technology Programme aimed at bridging the digital divide. Library Director Ryllis Mannix said the laptops will significantly improve services for students and researchers.
APUA Pledges Continued Investment to Address Water Scarcity on World Water Day
APUA marked World Water Day 2026 by reaffirming its commitment to tackling water scarcity through continued investment in production, infrastructure and service delivery across Antigua and Barbuda.
US Moves to Lift Iran Oil Sanctions as War Drives Prices to Three-Year High
The Trump administration is temporarily lifting sanctions on Iranian oil barrels at sea to ease a global supply crisis, as the US-Iran war pushes Brent crude to $112 a barrel and US gas prices near $4 per gallon. Officials acknowledge the move carries political risks but argue the additional supply is necessary given the near-closure of the Strait of Hormuz.
Elite Island Resorts Launches 'Love Letter to Antigua' Campaign for Travel Advisors
Elite Island Resorts has launched 'A Love Letter to Antigua,' a campaign providing travel advisors with curated itineraries, an interactive island map, and a fifth-night-free summer promotion at The Verandah Antigua. The initiative also highlights the group's sustainability and community engagement efforts across its portfolio of Antiguan properties.
ECAB to Permanently Close Jolly Harbour ATM Starting March 26
ECAB has announced the closure of its Jolly Harbour Commercial Centre ATM effective March 26, 2026, with no replacement location yet identified. The bank is directing customers to its island-wide ATM network and electronic payment services in the interim.
ABWU, Jolly Beach Resort Seal New Collective Bargaining Agreement
The Antigua and Barbuda Workers' Union and Jolly Beach Resort have signed a new collective bargaining agreement covering wages, allowances, uniforms, and transportation. The contract spans from July 1, 2024, to June 30, 2027.
Sir Lester Bird Medical Centre Welcomes New Ophthalmologist to Specialist Team
The Sir Lester Bird Medical Centre has appointed consultant ophthalmologist Dr. Carlos Rojas Guédez to its specialist team, expanding eye care services available to patients on a referral basis through the Outpatient Clinic.
Roofing Phase Underway at Antigua Cruise Port Upland Development
Roofing work is now underway across kiosks and commercial buildings at the Antigua Cruise Port's upland development, as the LICCOM construction team advances through Phase 2 of the project. The completed spaces are expected to offer duty-free retail, local cultural experiences, and expanded business opportunities for visitors.
Industrial Court Upholds Dismissal of ECAB Worker After 27 Years of Service
The Industrial Court has upheld the 2018 dismissal of former ECAB employee Edzel Joseph, ruling his termination after 27 years of service was justified following his possession of bank property reported as missing. Joseph was denied both compensation and retirement contributions.
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.