Business
274 articles
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.
WIOC Urges Public to Stop Stockpiling as LPG Supply Remains Adequate
West Indies Oil Company Limited (WIOC) has confirmed there is no shortage of LPG or cylinders in Antigua and Barbuda, urging the public to stop stockpiling amid a sudden surge in purchases driven by speculation.
Government to Close Bethesda Tissue Culture Lab, New Facility in the Works
The Antigua and Barbuda government is closing the Bethesda tissue culture laboratory within days as part of a restructuring plan to establish a new facility producing disease-free planting material for local farmers. New agricultural equipment has also arrived at port and will soon be distributed to support crop production.
Investors Pitch $150M Mega-Yacht Marina for Fort James Harbor
International investors have presented a US$150 million proposal to Cabinet to develop a luxury mega-yacht marina and mixed-use waterfront community at the Fort James Harbor peninsula. The project remains at a preliminary stage and is subject to environmental, planning and technical reviews.
APUA Workers to Vote on Negotiation Proposals at Friday Union Meeting
The Antigua Trades and Labour Union says negotiations with APUA have ended on a positive note, with workers set to vote on proposed terms at a union meeting Friday afternoon at the Multi-Purpose Cultural Centre at Perry Bay. The talks follow a worker protest earlier this week over pension delays and a demand for a 10 percent salary increase.
Personal Care Prices Fall 25.5% in Antigua and Barbuda, Latest CPI Report Shows
Hairdressing and personal grooming service prices in Antigua and Barbuda have dropped by 25.5%, according to the latest Consumer Price Index report from the National Bureau of Statistics. The decline marks one of the most significant price movements captured in the latest release.
Food Prices Fall Nearly 5% in January, Driven by Drops in Meat, Seafood and Produce
Food prices in Antigua and Barbuda fell by 4.9% in January compared to December, driven by lower costs for meat, seafood, and produce, according to the National Bureau of Statistics' latest Consumer Price Index report.