Business
405 articles
Antigua and Barbuda Records 6.7% Tourism Surge as Caribbean Travel Marketplace Concludes
Antigua and Barbuda recorded 110,832 stay-over visitors in the first quarter of 2026, a 6.7 percent increase over the same period last year, as officials announced the figures during the Caribbean Travel Marketplace 2026. Cruise arrivals, new air routes, and major hotel investments are further strengthening the country's tourism outlook.
Sugar Mill Riddim Blends Benna and Calypso as Chippy G Earns Praise Ahead of Carnival
Antiguan producer Devon "Chippy G" Joseph is receiving praise from government officials and festival organizers following the release of the Sugar Mill Riddim, a regional collaboration blending Antiguan Benna and Trinidadian Calypso ahead of Antigua Carnival. The project features artistes Patrice Roberts, Zafema, Tian Winter, and Young Lyrics, and is now available on major streaming platforms.
ABWU Partners with Lupus Association in New Awareness and Support Initiative
The Antigua and Barbuda Workers' Union has partnered with the Lupus Association of Antigua and Barbuda, presenting an EC$2,500 donation on POP Day and pledging ongoing support for awareness and education efforts. ABWU General Secretary David Massiah called the move "a commitment rooted in solidarity" for workers and families affected by the disease.
Antigua and Barbuda Raises $30M in Oversubscribed Treasury Bill Auction
Antigua and Barbuda successfully raised $30 million through a Treasury bill auction on May 13, with investor demand exceeding the target by $4.2 million. The oversubscribed auction signals strong market confidence in the government's securities.
Novo Banco Ruling Raises Questions Over Speed and Scrutiny in €2bn Bond Case
Portugal's Supreme Administrative Court dismissed a €2 billion bondholder appeal against Banco de Portugal's 2015 decision to retransfer senior Novo Banco bonds in just 23 days, raising questions about the depth of judicial scrutiny applied in one of Europe's most complex post-crisis banking cases. According to Antigua.news, which reviewed the full case record, the ruling's speed and reasoning are drawing concern among investors and legal observers.
APUA Warns of Higher Electricity Bills as Fuel Variation Charge Jumps 30%
APUA is warning residents of higher electricity bills after the Fuel Variation Charge for May rose nearly 30 per cent, from 55 cents to 70 cents per kilowatt-hour, driven by rising global fuel prices and ongoing geopolitical tensions.
APUA Warns Rising Global Fuel Prices Push Electricity Costs Up 30 Percent
APUA's Fuel Variation Charge has jumped nearly 30 percent for May, rising from 55 cents to 70 cents per kilowatt-hour, as rising global fuel prices tied to international geopolitical tensions push electricity costs higher in Antigua and Barbuda. The utility's communications officer is urging consumers to manage their energy use ahead of the summer months.
APUA Cites Aging Infrastructure as Crews Battle Over 800 Water Faults Monthly
APUA has revealed that its crews respond to more than 800 water faults each month, citing aging infrastructure and increased network demand as key factors behind delays in repairs. The authority acknowledged public frustration and said it is working to expand its emergency response capacity.
Egypt and Afreximbank Gear Up for 33rd Annual Meetings in Alamein This June
Egypt's Central Bank Governor and Afreximbank President held a joint press briefing on May 13, 2026, outlining preparations for the 33rd Afreximbank Annual Meetings to be held in Alamein from June 21 to 24. The event, held under the patronage of President El-Sisi, is expected to draw global leaders and address key issues shaping Africa's economic future.
Browne's Fourth-Term Victory Signals Continuity for Antigua-UAE Partnership
Prime Minister Gaston Browne's landslide re-election to a fourth consecutive term is being seen as a signal of continuity for Antigua and Barbuda's expanding partnership with the UAE, spanning aviation, renewable energy, digital cooperation, and investment. According to Antigua.news, ongoing discussions across all areas are expected to advance under the returning administration.
Fernandez Calls for Urgent Action as Antigua and Barbuda Tourism Hits Record Highs
Tourism Minister Charles Fernandez has called for swift action to capitalise on record visitor arrivals in 2026, emphasising sustainable growth and an enhanced visitor experience. He made the remarks during events linked to the Caribbean Travel Marketplace, which Antigua and Barbuda is hosting for a second consecutive year.
Antigua and Barbuda Earns Regional Praise Hosting Caribbean Travel Marketplace Second Year Running
Antigua and Barbuda has drawn strong praise from regional officials and industry delegates as it hosts the Caribbean Travel Marketplace for a second consecutive year. Tourism Minister Charles Fernandez says feedback from buyers, sellers and stakeholders has been overwhelmingly positive.
Fernandez Hails Strong Reception as Antigua Hosts Caribbean Travel Marketplace Again
Tourism Minister Charles Fernandez says feedback from delegates at the Caribbean Travel Marketplace in Antigua and Barbuda has been overwhelmingly positive, as the nation hosts the regional event for the second year running. The minister toured the trade show floor alongside Junior Tourism Minister Michael Freeland, meeting with stakeholders from across the Caribbean.
Dominica's Gregor Nassief Elected President-Elect of Caribbean Hotel and Tourism Association
Gregor Nassief of Dominica has been elected President-elect of the Caribbean Hotel and Tourism Association, becoming the first Dominican-born and Dominican-residing national to hold the position. The announcement was made at the Caribbean Travel Marketplace, currently taking place in Antigua and Barbuda.
Air Peace to Launch Twice-Monthly Antigua-Nigeria Flights Starting May 25
Nigerian airline Air Peace is set to launch twice-monthly flights connecting Antigua and Barbuda with Lagos, Nigeria, beginning May 25, with a stop in Barbados. The new route marks the first direct air link between the two countries in recent years.
Air Peace to Launch Twice-Monthly Antigua–Nigeria Flights Starting May 25
Nigerian carrier Air Peace will launch twice-monthly flights between Antigua and Barbuda and Lagos, Nigeria, beginning May 25, with a stopover in Barbados. The route marks a significant new air link between the Caribbean and West Africa.
Fernandez Urges Aggressive Push to Sustain Antigua and Barbuda's Tourism Boom
Tourism Minister Charles Fernandez has called for an aggressive push to build on record-breaking visitor arrivals in 2026, stressing a focus on sustainable growth and the quality of the visitor experience. His remarks came during activities surrounding the Caribbean Travel Marketplace, which Antigua and Barbuda is hosting for a second consecutive year.
Antigua and Barbuda Posts 7% Visitor Surge in Best-Ever Tourism Quarter
Antigua and Barbuda welcomed 110,832 visitors in the first quarter of 2026, a 7 percent increase that tourism officials are calling one of the strongest starts in the country's history. March alone posted the highest monthly arrival total ever recorded.
Antigua and Barbuda Posts Strongest-Ever First Quarter Tourism Arrivals
Antigua and Barbuda welcomed 110,832 visitors in the first quarter of 2026, a 7 percent increase that tourism officials are calling one of the strongest openings in the country's history. March recorded the highest monthly visitor total ever, as the sector eyes further growth through cruise expansion and luxury development.
Antigua Cruise Port Reports Progress on St. John's Waterfront Redevelopment
Antigua Cruise Port has released drone images showing continued construction progress on the waterfront upland development at St. John's Harbour, including new retail spaces and an expanded parking area. The project is part of broader infrastructure upgrades by Global Ports Holding.