分类: business

  • Transport Board bolsters maintenance amid electric bus rollout

    Transport Board bolsters maintenance amid electric bus rollout

    Barbados is accelerating its transition to sustainable public transportation with a major $21 million investment in 35 new electric buses, significantly expanding the state-operated fleet under the Transport Board. This initiative marks a pivotal step in the nation’s commitment to renewable energy and enhanced rural connectivity.

    Deputy Prime Minister and Transport Minister Santia Bradshaw affirmed the government’s dedication to both vehicle longevity and network efficiency, particularly in underserved rural regions. While acknowledging that maintenance challenges may persist, Bradshaw emphasized the strengthened partnership with Chinese manufacturer BYD, a global leader in electric vehicles.

    “Our collaboration with BYD has been transformative,” Bradshaw stated during a press briefing at Bridgetown Port. “They have established local technical support operations in Barbados, directly addressing earlier operational difficulties we encountered.”

    The initial deployment phase revealed practical challenges including damage from overhanging vegetation and general wear issues. These were addressed through dual approaches: enhanced road infrastructure development and strengthened maintenance protocols developed with BYD’s on-island technical teams.

    Bradshaw highlighted the comprehensive nature of Barbados’ transportation strategy: “This represents a holistic infrastructure investment exceeding $58 million in public transit, complemented by approximately $230 million in road improvements specifically for the Scotland District. We’ve completed 20 roads already with numerous others in development.”

    The local presence of BYD technicians has facilitated knowledge transfer and capacity building, enabling Barbadian technical teams to work alongside Chinese experts to maintain and optimize the new electric fleet. This cooperation ensures sustainable operational capabilities beyond initial deployment.

    Bradshaw characterized the government’s approach as “comprehensive and long-term,” noting that infrastructure development encompasses not just vehicles but also road conditions that directly impact vehicle longevity and operational efficiency.

  • Antigua Cruise Port Welcomes 14,000 Cruise Passengers to Start the New Year

    Antigua Cruise Port Welcomes 14,000 Cruise Passengers to Start the New Year

    Antigua and Barbuda commenced 2026 with exceptional momentum as its ports witnessed an unprecedented influx of cruise tourism on New Year’s Day. The dual-island nation welcomed 14,545 passengers across multiple harbors, signaling robust confidence in its maritime tourism sector and establishing a potentially record-breaking trajectory for the ongoing cruise season.

    St. John’s Harbour served as the primary gateway with four major vessels simultaneously in port: Costa Fascinosa, MSC Virtuosa, Royal Caribbean International’s Freedom of the Seas, and Amera. These ships collectively disembarked 14,387 passengers into the capital, generating substantial commercial activity and economic opportunities throughout the city. Beyond the main port, the islands demonstrated their distributed tourism capacity with Le Ponant delivering 32 visitors to Barbuda while Star Flyer brought 126 passengers to Falmouth.

    Gasper George, General Manager of Antigua Cruise Port, expressed enthusiasm about the strategic significance of this strong commencement. “There’s particular symbolism in initiating the New Year with our maritime infrastructure operating at peak capacity and our destination dynamically engaged,” Mr. George observed. “This impressive opening not only underscores the cruise industry’s sustained confidence in our offerings but also acknowledges the coordinated efforts behind creating exceptional visitor experiences. The outlook appears even more promising with anticipated high-volume days potentially exceeding 17,000 passengers as the 2025/2026 season advances, indicating we may achieve unprecedented visitation records.”

    Antigua Cruise Port has extended New Year greetings to its network of partners, cruise operators, stakeholders, and local communities. The organization reaffirmed its commitment to maintaining secure, efficient, and passenger-focused port operations while enhancing collaborative relationships. This strategic approach aims to consolidate Antigua and Barbuda’s status as both a premium and reliable cruise destination within the competitive Caribbean marketplace.

  • Olieprijzen dalen na grootste jaarlijkse verlies sinds 2020

    Olieprijzen dalen na grootste jaarlijkse verlies sinds 2020

    Global oil markets commenced 2026 with downward momentum as both Brent crude and West Texas Intermediate (WTI) extended losses following their most substantial annual decline since 2020. The benchmark contracts concluded 2025 with nearly 20% depreciation, reflecting market preoccupation with supply surplus concerns rather than geopolitical instability.

    As of Friday afternoon trading sessions, Brent crude futures stood at $60.29 per barrel, recording a decrease of 55 cents, while WTI contracts declined by 53 cents to $56.89 per barrel. This downward trajectory persists despite escalating tensions in Ukraine, where intensified Ukrainian attacks on Russian energy infrastructure aim to disrupt Moscow’s military financing capabilities. Similarly, recent US sanctions targeting Venezuelan oil enterprises and tanker operations have failed to generate upward pricing pressure.

    The Middle East presents additional complexities as diplomatic strains between OPEC members Saudi Arabia and the United Arab Emirates regarding Yemen’s situation have intensified, evidenced by suspended flights to Aden airport. These developments precede OPEC+’s virtual assembly scheduled for January 4th, where market observers anticipate extended production restraints through Q1 2026.

    Analysts project 2026 will prove pivotal for OPEC+ in managing global supply equilibriums, with Chinese crude inventory replenishment during the year’s first half expected to provide market support. The current price stability embodies the tension between short-term geopolitical risks and longer-term fundamental indicators suggesting persistent oversupply conditions.

    Market dynamics continue to be shaped by multifaceted influences: post-pandemic economic recovery patterns, energy transition investments, and evolving demand from major economies including China and India. The ongoing conflict in Ukraine since 2022 has introduced sustained volatility to energy markets, disrupting Russian supply chains while triggering price fluctuations. Concurrently, OPEC+ production agreements maintain regulated output to stabilize markets.

    The petroleum industry’s long-term outlook remains subject to structural pressures from renewable energy adoption and decarbonization initiatives, suggesting fundamental transformations in price formation mechanisms beyond immediate geopolitical considerations.

  • Foreign gold miners given 24 hours to stump up real production, face expulsion

    Foreign gold miners given 24 hours to stump up real production, face expulsion

    In a decisive move to combat gold smuggling and revenue loss, Guyana’s President Irfaan Ali has delivered a stern warning to foreign mining operations across the nation. During a high-level meeting with officials from the Guyana Geology and Mines Commission (GGMC) and the Ministry of Natural Resources on January 2, 2026, the President announced that international miners must fully declare their actual gold production within 24 hours or face severe consequences.

    The presidential directive specifically targets mining dredges that have shown suspiciously low or zero production declarations. “All registered dredges with no declaration will be deregistered, and all foreign miners operating illegally in Guyana must be identified for prosecution and expulsion,” President Ali stated following the emergency meeting. The administration has identified Brazilian miners as particularly problematic, though Chinese mining operations have also been implicated in underreporting practices.

    Notably, the President’s statement exempted Zijin Mining Group, China’s major gold producer in Guyana, which officials confirmed has remained compliant with local mining regulations. The crackdown comes as Guyana pursued an ambitious target of 500,000 ounces of gold production in the previous year.

    Beyond the immediate deadline, the government has announced broader reforms to increase transparency in the mining sector. The Guyana Gold and Diamond Miners Association will collaborate with the Natural Resources Ministry to ensure all mining operations maintain proper registration and establish local bank accounts. Ronaldo Alphonso, President of the mining association, echoed the government’s position, urging miners to “make 2026 the year of compliance and declaration” to ensure the industry’s long-term sustainability.

  • VC Bird International delivers during a busy start to winter season

    VC Bird International delivers during a busy start to winter season

    Global aviation is witnessing a substantial resurgence as the new year commences, with VC Bird International Airport in Antigua and Barbuda emblematic of this vigorous trend. The facility is currently processing unprecedented passenger volumes, signaling an exceptionally robust inauguration to the 2025/2026 winter tourism season.

    The airport recently encountered its second peak operational day within a brief timeframe, with last Monday’s intensive activity mirroring the previous Saturday’s processing of 14 international flights. This surge reflects strengthened international confidence in the dual-island nation’s renowned hospitality infrastructure, particularly its world-famous beaches and customer-centric services that initiate upon arrival.

    Despite the overwhelming passenger traffic, the airport administration has maintained exemplary operational standards. Travelers have reported surprisingly efficient processing times and minimal disruptions. International visitors Mr. and Mrs. Chee-loy, who concluded their week-long winter retreat at Jolly Beach Resort, attested to this seamless experience. Noting the frequent aircraft movements visible from their hotel, they anticipated significant congestion at the airport. Contrary to their expectations, they described their transition through the terminal as ‘very smooth and efficient.’

    With the heavy traffic pattern expected to continue through January 11th, airport authorities are proactively advising passengers to arrive at least two hours before scheduled departures. Travelers seeking additional guidance are encouraged to consult their respective airlines for specific recommendations tailored to VC Bird International Airport’s operations during this peak period.

  • Belize to Resume US Shipments: Here’s What You Need to Know

    Belize to Resume US Shipments: Here’s What You Need to Know

    Beginning January 7, 2026, Belize will recommence postal shipments to the United States following a four-month operational pause. This suspension was precipitated by sweeping changes to U.S. customs regulations instituted by Executive Order 14324, signed by President Donald Trump on July 30, 2025.

    The landmark policy shift eliminated the longstanding de minimis threshold, which had previously exempted imported goods valued under $800 from customs duties and formal processing. The new mandate requires that every parcel entering the United States, irrespective of its declared value, must now undergo customs clearance and be subject to applicable tariffs.

    Dr. Marsha Price, Postmaster General of the Belize Postal Service, characterized the U.S. rule change as a significant disruption to global postal logistics. “The conventional practice has always placed the responsibility for collecting customs duties on the destination country. This policy reversal presented an unprecedented challenge for postal administrations worldwide,” Dr. Price stated. The hiatus was necessary to await a standardized international framework from the Universal Postal Union (UPU) to manage this new paradigm.

    The resumption of service will be facilitated by the UPU’s Delivered Duty Paid (DDP) system. This mechanism enables the calculation and pre-payment of all requisite duties and taxes in Belize prior to a package’s departure, streamlining its journey through U.S. customs.

    Key procedural changes for consumers include:
    – Mandatory customs duties on all U.S.-bound parcels, removing the previous value-based exemption.
    – Full pre-payment of all estimated duties and fees within Belize.
    – Online accessibility for shipping cost calculations to facilitate informed planning.
    – In-person assistance at post offices for customers lacking internet access.

    A phased soft launch is scheduled for January 5, leading to a full public rollout on January 7. Dr. Price assured the public of the postal service’s commitment, affirming, “We are here to assist our customers throughout this entire new process.”

  • Carli Communications CEO helping Caribbean brands grow – Power of PR

    Carli Communications CEO helping Caribbean brands grow – Power of PR

    From her roots in Barataria to commanding the global public relations stage, Carla Williams Johnson has crafted an extraordinary journey that redefines Caribbean excellence in brand communications. The 44-year-old founder and CEO of Carli Communications has transformed childhood lessons in resilience and performance into a groundbreaking PR methodology that’s earning international recognition.

    Williams Johnson’s foundation was built in a middle-class household where education and self-reliance were paramount. Her mother, a nurse, and father, a quality assurance officer turned entrepreneur, instilled values that would later shape her business philosophy. “I grew up in the era of female independence,” she recalls, “when parents taught their girls not to have to depend on anyone.”

    Her early artistic pursuits with the Barataria Folk Performers—including representing Trinidad and Tobago at Carifesta V at just nine years old—and later calypso performances during her secondary school years, forged her understanding of audience connection. This performance background, combined with formal education in marketing, advertising, and business administration, created the perfect foundation for her future career.

    The sudden loss of her father in 2010 during her final year of studies became a pivotal moment that tested her resilience and ultimately reshaped her sense of purpose. It was his entrepreneurial spirit—evident in his establishment of DOffice Restaurant, Bar & Lounge—and his affectionate nickname “Carli” that would later become central to her brand identity.

    Williams Johnson’s professional breakthrough came while working with major soft drink brands, where she discovered the transformative power of strategic PR over traditional advertising. Facing a failing promotion despite significant paid advertising investment, she negotiated complimentary radio discussions and entertainment news coverage that skyrocketed sales. This epiphany revealed that “PR makes things more ‘real’… more truthful” and provides the trust factor that even major brands require.

    After leaving a toxic work environment in 2014, Williams Johnson identified a critical gap in the market: Caribbean brands struggling to gain international visibility while maintaining their authentic identity. She launched Carli Communications to provide “intentional visibility”—helping Caribbean brands position themselves with clarity, credibility, and confidence without compromising their cultural roots.

    Her innovative approach has earned features in HuffPost (2018), Forbes (2019, 2021), and Entrepreneur (2021), placing her among global leaders like Jeff Bezos and Mark Zuckerberg. Forbes specifically sought her expertise regarding the Will Smith incident at the 2021 Academy Awards, confirming her relevance in global conversations.

    The core of Williams Johnson’s philosophy revolves around “intentional visibility”—a strategic approach to being seen in the right places for the right reasons. She emphasizes that visibility without strategy often leads entrepreneurs, particularly women, to chase trends rather than build consistent credibility. “Intentional visibility is about alignment,” she explains. “It’s knowing your message, audience and long-term goals before you step into the spotlight.”

    As a mother of two children born 18 years apart, Williams Johnson has learned that balance is about “constant recalibration” rather than perfection. She extends this philosophy to her clients, encouraging women entrepreneurs to grow at their own pace and redefine success without guilt or apology.

    Her numerous accolades, including Public Relations Agency of the Year (2023-2025) and Most Empowering PR CEO (Caribbean) 2024, validate her innovative approach. For Williams Johnson, these awards confirm that her strategy of combining global standards with local understanding effectively positions Caribbean brands on the world stage while preserving their authentic identity.

  • JMMB reorganises its boards

    JMMB reorganises its boards

    Jamaican financial services conglomerate JMMB Group Ltd has implemented a significant board reorganization across its corporate structure, effective December 31, 2025. The restructuring impacts both the parent company and its subsidiary, JMMB Financial Holdings Ltd, following regulatory approval from the Bank of Jamaica.

    Five directors have stepped down from JMMB Group Ltd’s board: Andrew Cocking, High Wayne Powell, V Andrew Whyte, Dr. M Anne Crick, and Reece Kong. Simultaneously, JMMB Financial Holdings Ltd witnessed the departure of two board members: Audrey Deer Williams and Audrey Welds.

    The transformation comes after the Bank of Jamaica granted formal authorization under Section A (1) (a) of the Banking Services Act 2014, permitting JMMB Financial Holdings Ltd to operate as an official financial holding company. This regulatory milestone prompted the comprehensive governance review.

    Corporate governance principles served as the driving force behind the board restructuring. JMMB Group emphasized that the changes aim to establish clearer independence between the two boards, enhancing oversight mechanisms and strengthening accountability frameworks throughout the organization.

    The Group publicly acknowledged the contributions of departing directors, recognizing their service during a period of significant regulatory advancement. This restructuring represents a strategic alignment of corporate governance with the company’s newly approved financial holding company status, potentially signaling a new chapter in JMMB’s operational framework.

  • NGC on shutdown: ‘Nutrien held TT to ransom’

    NGC on shutdown: ‘Nutrien held TT to ransom’

    In a sharply worded statement issued January 2, Trinidad and Tobago’s National Gas Company (NGC) has accused Canadian fertilizer giant Nutrien of holding the nation “to ransom” by deliberately shutting down operations despite government efforts to maintain its presence. The NGC asserts that Nutrien’s closure decision stemmed exclusively from profit-maximization motives rather than legitimate operational constraints.

    The controversy emerged following criticism from former Energy Minister Stuart Young, who blamed the current administration for the plant shutdown that will eliminate hundreds of jobs. The NGC responded by detailing how Nutrien had rejected multiple compromise proposals while attempting to secure favorable long-term gas contracts and maintain legacy port rates.

    According to the state company, the dispute originated from Nutrien’s resistance to updated pier user charges at Savonetta and concerns about natural gas supply reliability. The Canadian company, which produced approximately 85,000 tonnes of ammonia and 55,000 tonnes of urea monthly from its Trinidad facility, ceased operations in October after negotiations stalled.

    The NGC revealed that during five separate negotiation sessions, Nutrien representatives threatened to launch a public relations campaign portraying the company as a victim of government pressure. In one particularly contentious incident, National Energy officials were served with an injunction application while en route to what was supposed to be a good-faith negotiation meeting.

    Countering Young’s allegations, the NGC statement highlighted that the previous administration had allowed pier user contracts to expire without renewal since 2018, resulting in over $500 million in lost revenue. The former administration also waived $14.35 million in “take or pay” liabilities owed by Nutrien in August 2024 and permitted downstream companies to manipulate payment terms, creating a de facto $160 million overdraft facility.

    The gas company emphasized that most petrochemical producers in Point Lisas Estate do not repatriate US dollar revenues to Trinidad, instead maintaining foreign accounts in financial hubs including New York, London, Zurich, and Brussels. Despite Nutrien’s departure, NGC has successfully reallocated the gas supply to other downstream customers and fulfilled its Atlantic LNG commitments, generating significant financial benefits for the nation.

  • Kintyre and Miracle talk up growth opportunities after ‘Bold’ partnership

    Kintyre and Miracle talk up growth opportunities after ‘Bold’ partnership

    In a strategic move set to reshape Jamaica’s consumer goods landscape, Kintyre Holdings (JA) Limited and Miracle Corporation have officially launched a powerful joint venture named BOLD (Brands of Loyalty Dividends). This new entity, majority-controlled by Kintyre with a 70% ownership stake, consolidates an extensive portfolio of established brands spanning automotive lubricants, car care products, food-service disposables, and daily essential items.

    Tyrone Wilson, President and CEO of Kintyre Holdings, characterized the partnership as a transformative initiative that will enhance consumer access to premium, reliable brands while creating substantial growth opportunities within the local market. “This bold initiative positions us as a major player in manufacturing, distribution, and consumer goods,” Wilson stated in a video announcement. “We are tremendously excited about Kintyre’s trajectory—which is unequivocally toward the top.”

    Richard Anthony Lee, CEO of Miracle Corporation, emphasized the deliberate nature of the alliance, highlighting his company’s evolution since 1973 across distribution, automotive, food service, and tourism sectors. “Partnering with Kintyre was a strategic decision rooted in long-term value creation,” Lee remarked.

    The venture is anticipated to generate immediate revenue and profitability, leveraging products already entrenched in the Jamaican market. Proceeds from BOLD will contribute to a newly established dividend program, details of which Kintyre plans to disclose in the near future.