Barbados

Windward Selected by CARICOM IMPACS to Enhance Maritime Security in the Caribbean

Wednesday, March 3, 2021 - 2:00pm

Windward's AI-powered maritime intelligence platform will empowerCARICOM IMPACS and RSS to support CARICOM Member States in their fight against drug trafficking and illegal activitiesin the Caribbean's exclusive economic zones.

Key Points: 
  • Windward's AI-powered maritime intelligence platform will empowerCARICOM IMPACS and RSS to support CARICOM Member States in their fight against drug trafficking and illegal activitiesin the Caribbean's exclusive economic zones.
  • Despite a decrease in general maritime activity in the region during the COVID-19 pandemic, there has been an increase in illicit maritime activities in the Caribbean in recent months.
  • "Windward's solution is key in our fight against illegal activities," said Lieutenant Colonel Michael Jones, Executive Director (Ag) of CARICOM.
  • "We are thrilled that CARICOM has chosen Windward to help protect its territorial waters throughout the Caribbean," said Ami Daniel, CEO and Co-Founder of Windward.

Sandals Royal Barbados Announces Impressive Expansion, Just In Time For Summer

Monday, March 1, 2021 - 1:00pm

MONTEGO BAY, Jamaica, March 1, 2021 /PRNewswire/ --Sandals Resorts International (SRI) continues its development in the Caribbean as Sandals Royal Barbados breaks ground on an exciting new expansion, just in time for the summer season.

Key Points: 
  • MONTEGO BAY, Jamaica, March 1, 2021 /PRNewswire/ --Sandals Resorts International (SRI) continues its development in the Caribbean as Sandals Royal Barbados breaks ground on an exciting new expansion, just in time for the summer season.
  • "Sandals Royal Barbados is the ultimate indulgent resort for couples who are looking for top-of-the-line luxury.
  • Two new culinary concepts will also be introduced at Sandals Royal Barbados, bringing the resort's total restaurant count to nine.
  • Sandals Royal Barbados is now accepting reservations for these accommodations for arrivals beginning July 1, 2021.

BIBA Launches BRIM 2021, a New Virtual Global Insurance & Risk Management Conference for Barbados

Tuesday, February 23, 2021 - 5:12pm

BIBA, the Association for Global Business in Barbados, is excited to announce its first virtual Barbados Risk & Insurance Management (BRIM) global conference in Barbados between March 24 and 25, 2021.

Key Points: 
  • BIBA, the Association for Global Business in Barbados, is excited to announce its first virtual Barbados Risk & Insurance Management (BRIM) global conference in Barbados between March 24 and 25, 2021.
  • Statistics from the Barbados Financial Services Commission show that Barbados has 279 captive insurance companies, the bulk of which are Canadian and American entities.
  • Biba serves as a voice for the development of global business in Barbados and has over 140 member firms at this time.
  • Biba has repositioned itself as the Association for Global Business to align with the vision of Barbados being a global business hub.

Vakrangee Limited Included in 2021 Bloomberg Gender-equality Index

Wednesday, January 27, 2021 - 2:24pm

MUMBAI, India, Jan. 27, 2021 /PRNewswire/ -- Vakrangee Limited is proud to share that we are honoured to be part of this year's Bloomberg Gender-Equality Index (GEI).

Key Points: 
  • MUMBAI, India, Jan. 27, 2021 /PRNewswire/ -- Vakrangee Limited is proud to share that we are honoured to be part of this year's Bloomberg Gender-Equality Index (GEI).
  • The 2021 Bloomberg GEI comprises of 380 companies across the world with a combined market capitalization of USD14 Trillion.
  • Commenting on this Mr. Dinesh Nandwana, MD & Group CEO, Vakrangee Ltd. said, "We are extremely proud to see that Vakrangee is recognized & included in 2021 Bloomberg Gender-Equality Index.
  • Vakrangee was included in this year's index for scoring at or above global threshold established by Bloomberg to reflect a high level of disclosure and overall performance across the framework's five pillars.

Royal Caribbean Launches New Adventures From Barbados

Wednesday, January 13, 2021 - 9:30pm

MIAMI, Jan. 13, 2021 /PRNewswire/ -- Royal Caribbean International will for the first time call Barbados "home" next winter, offering travelers fresh ways to experience the southern Caribbean on Grandeur of the Seas .

Key Points: 
  • MIAMI, Jan. 13, 2021 /PRNewswire/ -- Royal Caribbean International will for the first time call Barbados "home" next winter, offering travelers fresh ways to experience the southern Caribbean on Grandeur of the Seas .
  • "We are excited to grow our longstanding partnership with Barbados and introduce Bridgetown as Royal Caribbean's newest home port.
  • "The pink-sand beaches and unexpected adventures across Barbados also make it an ideal destination for our guests to experience even more of the Caribbean charm and culture before or after their cruise."
  • Royal Caribbean has also been voted "Best Cruise Line Overall" for 18 consecutive years in the Travel Weekly Readers' Choice Awards.

Best’s Market Segment Report: Rated Bermuda, Cayman Islands and Barbados Captives Sustain Outperformance Over Commercial Insurers

Friday, December 18, 2020 - 1:30pm

A new Bests Market Segment Report, Rated Bermuda, Cayman Islands, and Barbados Captives Continue to Outperform Peers, states that AM Bests rated Bermuda, Cayman Islands and Barbados (BCIB) captive composite reported a pretax income of approximately $1.4 billion, a 46% increase over the previous year.

Key Points: 
  • A new Bests Market Segment Report, Rated Bermuda, Cayman Islands, and Barbados Captives Continue to Outperform Peers, states that AM Bests rated Bermuda, Cayman Islands and Barbados (BCIB) captive composite reported a pretax income of approximately $1.4 billion, a 46% increase over the previous year.
  • Between 2015 and 2019, BCIB captives added $2.7 billion to their year-end capital and surplus and paid $1.4 billion in dividends.
  • The use of captive vehicles during this period over the use of commercial insurers translates into nearly $4.2 billion in savings.
  • Captives no longer are formed solely to protect against the lack of available capacity or peaks in the market cycle.

Andersen Global Adds Additional Collaborating Firm in Barbados

Thursday, November 19, 2020 - 2:30pm

Andersen Global continues its expansion in Barbados with the addition of collaborating firm Tailored Tax Solutions, further exhibiting the organizations commitment to building an exemplary practice in the Caribbean region.

Key Points: 
  • Andersen Global continues its expansion in Barbados with the addition of collaborating firm Tailored Tax Solutions, further exhibiting the organizations commitment to building an exemplary practice in the Caribbean region.
  • Andersen Global Chairman and Andersen CEO Mark Vorsatz added, Our collaboration with Dominique and her team enhances our capabilities in Barbados and is the next step in integrating more seamlessly with locations in the Caribbean.
  • Andersen Global is an international association of legally separate, independent member firms of tax and legal professionals around the world.
  • Established in 2013 by U.S. member firm Andersen Tax LLC, Andersen Global now has more than 6,000 professionals worldwide and a presence in over 215 locations through its member firms and collaborating firms.

Andersen Global Adds Chancery Chambers to Caribbean Platform

Thursday, October 22, 2020 - 2:30pm

Continuing to add breadth to the organizations coverage in the eastern Caribbean region, Andersen Global enters into a Collaboration Agreement with legal firm Chancery Chambers in Barbados.

Key Points: 
  • Continuing to add breadth to the organizations coverage in the eastern Caribbean region, Andersen Global enters into a Collaboration Agreement with legal firm Chancery Chambers in Barbados.
  • Founded by Partner Sir Trevor Carmichael, Chancery Chambers is ranked Band 1 by Chambers and Partners and has substantial public and private sector experience at the national and international level.
  • Collaborating with Chancery Chambers was not a difficult decision as they are clearly a top-tier firm in their market, Andersen Global Chairman and Andersen CEO Mark Vorsatz said.
  • Andersen Global is an international association of legally separate, independent member firms comprised of tax and legal professionals around the world.

500Investments Reviews the Top Financial Instruments of 2020

Wednesday, October 14, 2020 - 2:00pm

KINGSTOWN, Saint Vincent and the Grenadines, Oct. 14, 2020 /PRNewswire-PRWeb/ --2020 is reaching its end, with the COVID19 and the financial ups and downs, it has been a wild year in terms of the financial markets activity.

Key Points: 
  • KINGSTOWN, Saint Vincent and the Grenadines, Oct. 14, 2020 /PRNewswire-PRWeb/ --2020 is reaching its end, with the COVID19 and the financial ups and downs, it has been a wild year in terms of the financial markets activity.
  • 500Investments, the global brokerage brand, decided to provide a special announcement towards the year's end which will include a brief review of the top 4 financial instruments based on the brand's data from the past 10 months.
  • Gold, S&P500, and Bitcoin had been some of the best-performing financial assets in 2020 and all of them are part of the 500Investments asset list.
  • 500Investments is a world-renowned financial services provider, offering access to a broad range of trading instruments, including stocks, forex, commodities, indices, and cryptocurrencies.

AUSTRIAN ASSOCIATION: AUSTRIA - 50 years as a hub for peace in the Middle East

Monday, September 14, 2020 - 5:11pm

In the following years there were hardly any initiatives worth mentioning on the part of Austria to continue this dialogue.

Key Points: 
  • In the following years there were hardly any initiatives worth mentioning on the part of Austria to continue this dialogue.
  • However, at the turn of the millennium, the Egyptian-born Austrian international film producer Ahmed Radwan shifted efforts from political to the cultural level.
  • Consequently, Ahmed arranged a number of meetings between Arab and Israeli media people as well as peace activists at various film festivals.
  • He also organized joint Austrian feature film projects utilizing workers from all over the Middle East, thus allowing Israeli and Arab artists to cooperate and establish working relationships.