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GAIA Inc. Signs MOU For Public Private Partnership

Building on the Barbados-UAE State-to-State Memorandum of Understanding (MOU) earlier this year, supporting closer cooperation of commercial activities, the Grantley Adams International Airport (GAIA) Inc. and the Office Of H.H. Sheikh Ahmed Dalmook Al Maktoum of Dubai and Agencias Universales S.A. of Chile announced today a MOU to finalise contractual arrangements towards a new Public-Private Partnership (PPP) for the investment, development and operation of the airport, a hemispheric cargo hub, expanded airlift and additional luxury hotel capacity. 

Background

The Government of Barbados is keen for more and better employment opportunities for all Barbadians. In the international transport sector, this can only come through an investment in Grantley Adams International Airport of approximately BDS$300 million that improves the customer experience, upgrades the infrastructure, develops retail revenues, a hemispheric cargo hub, and links these investments with initiatives for new airlift and hotel capacity. The Government of Barbados recognises that without substantial investment, the airport will not be able to maintain standards and certifications in the long run.

At the same time, the Government of Barbados is in a debt-reduction program to safeguard the value of the Barbados dollar. As a result of that program, the ratio of national debt to national income peaked at 176.8% in 2018 and, despite the pandemic, is now at 119.6% – almost halfway to the long-run sustainable target of 60%. But this track leaves little room on the Government’s balance sheet for substantial addition of debt for required airport investments. 

The Government of Barbados also has no desire, under any circumstances, to sell the Grantley Adams International Airport. Consequently, the best avenue for new investment is a Public-Private Partnership which brings investment and international airport management experience and expertise in return for sharing airport revenues.  

Partnership 

The proposed Public-Private Partnership follows the earlier MOU between the Governments of Barbados and the UAE that looked towards closer commercial interests, especially in the transport and travel sectors.

The Government of Barbados is pleased that in The Office of H.H. Sheikh Ahmed Dalmook Al Maktoum, it has found a partner with the shared priorities of protecting and expanding national employment through investment, training, service excellence and certification, employee and customer safety, net-zero targets, higher revenue growth and better integration between airport-cargo-air lift and hotels.

The partner group, led by the Office of H.H. Sheikh Ahmed Dalmook Al Maktoum of Dubai and Agencias Universales S.A. of Chile, has substantial experience in airport passenger and cargo operations in over 20 countries across three continents. In addition to the approximately BDS$300m to be invested in the airport by the Office of H.H. Sheikh Ahmed Dalmook Al Maktoum of Dubai, The Office is committed to coordinating and facilitating investments in new hotels and airlift.

Quotes

Barbados’ Minister of Tourism and International Transport, Ian Gooding-Edghill said: “We are excited about the prospect of more jobs, training and certification across the eco-system of the airport, airport services, and tourism sectors. I know that change can be unsettling, even if positive, so a critical component of this potential PPP is that there will be no change in the ownership of our airport and no change in the terms and conditions of employees. We have also tried hard to keep all workers and their representatives updated and consulted about developments, opportunities and challenges. I commit to continue to do so and keep the public updated.

To that end, I will announce a town hall meeting shortly to present the plan and answer any questions Barbadians may have. I thank the Government’s Negotiating Committee, and its Chairman, Avinash Persaud, for getting us here with the strong support of the Permanent Secretary in the Ministry, Francine Blackman, GAIA Inc.’s Board and Chairman, Dr. Jerry Emtage, and GAIA Inc. staff, led so well by CEO Hadley Bourne.” 

Chairman of Grantley Adams International Airport Inc. Dr. Jerry Emtage said: “I welcome our potential new partners and look forward to seeing the broader positive impact on Barbados of an upgraded airport, greater airlift and more hotel rooms. I thank my Board members for their help in weighing up many complex issues.” 

Grantley Adams International Airport Inc. CEO Hadley Bourne said:  “My team and I have spent many months discussing with our potential new partners at commercial and technical levels. I can vouch for their expertise and understanding of our issues, challenges and opportunities. I am pleased that we have a strong investment plan to maintain and upgrade the airport. I believe visitors, staff and Barbadians will appreciate the differences they will see in a couple of years. I thank my team who worked assiduously supporting the negotiation and planning, in particular, Gale Yearwood.” 

His Highness Sheikh Ahmed Dalmook Al Maktoum said: “We are very pleased to collaborate with the Government of Barbados on this project. We are looking forward to positively contributing to the economy of Barbados by creating jobs, improving airport infrastructure and facilities and promoting tourism in the country.”

Mr. Fernando Rodriguez, CEO of Agencias Universales S.A., said: “We are very excited about our partnership with the Government of Barbados and the Office of H.H. Sheikh Ahmed Dalmook Al Maktoum of Dubai. We are committed to the success of this project and making every Barbadian proud of their airport and the upgrades to come.” (PR/GIS)

Grantley Adams International Airport Inc. and The Office of His Highness Sheikh Ahmed Dalmook Al Maktoum of Dubai and Agencias Universales S.A. of Chile sign a Memorandum of Understanding towards a new Public Private Partnership for the investment, development and operation of the airport, a hemispheric hub for cargo, expanded airlift and additional luxury hotel capacity.

Business

NISSS Expected To Pay Out Close To A Billion In Benefits This Year

Close to one billion dollars in benefits are expected to be paid to Barbadians this year by the National Insurance and Social Security Service (NISSS).

This was disclosed yesterday by the NISSS’s Chief Executive Officer (CEO), Kim Tudor, as she spoke to media representatives on the sidelines of the Technical Seminar: Communication approaches and strategies in social security institutions in the Caribbean, being hosted at the Hilton Barbados, Needham’s Point, St Michael, from June 2 to 4

Noting these funds were the kind of monies that passed through the NISSS as income support for Barbadians, she reiterated: “It is going to be about a billion Barbadian dollars this year in benefits.”

Ms. Tudor further noted that the NISSS, now in its 58th year, had also made it a lot more flexible and easier for self-employed persons. Pointing out that this month the organisation would be holding an orientation session/workshop for the creatives in Barbados, she said this would allow them to “hear in detail and ask questions, specifically about the self-employed”.

Explaining the need for this, she added: “Remember now, with the self-employed, we recognise that people are gig workers, and their money isn’t consistently a monthly salary. They get it based on gigs and other kinds of activities. And you can come to the NIS and pay any amount, at any time, you know. And we will prorate it over the year for you.”

The CEO, in a call out to such individuals, said: “So whatever you have, you can come. You know, there is Crop Over coming up. You make a lot of money at Crop Over, come and pay your NIS for the year, one time. So, those are some of the things that we have made, to make it more flexible. Our social media pages are being followed more and more. And of course, we will push that.”

While also noting that persons are currently registering for the Solidarity Allowance, Ms. Tudor let it be known that now was “a useful time to ask any questions” of the organisation and stressed that as the NISSS moved forward, it would be engaging a lot more with the public via fora and other avenues.

The head of the NISSS, referring to an appeal by one media house to make her organisation’s reports/annual reports more accessible to the public, admitted this was being actively worked on.

She further added that efforts are ongoing to make sure annual reports are updated and soon there would be annual presentations to the public, highlighting the progress of the fund, how it was performing and how much it was paying out, among other things. 

“That’s the information we will share with the public so that we can build that trust because we are working hard for you. We recognise…the important role that social security plays in income security, so we take it very seriously, and we want you to be able to know that we are …working towards making sure that happens for you,” she stated. (PR/GIS)

Caption: Chief Executive Officer of the National Insurance and Social Security Service (NISSS), Kim Tudor, speaking to the media at Hilton Barbados yesterday. Looking on is Director of Antigua and Barbuda’s Social Security Board, David Matthias.

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CIBC Caribbean Relaunches Unsung Heroes Campaign to Spotlight Everyday Champions

by Deanzer Roberts

There was a sense of renewed purpose in the air on May 30 as CIBC Caribbean brought together staff, stakeholders and community leaders both in person and online for the long-awaited relaunch of its beloved Unsung Heroes programme.

Held at the bank’s regional Head Office, the event marked the return of a signature initiative that once captured hearts across the region from 2003 to 2013. Now, more than a decade later, the campaign is back—refreshed, reimagined, and reaffirmed in its mission to spotlight the quiet champions of Caribbean society.

Delivering the keynote address was Donna Wellington, Chief Country Management Officer, who warmly reflected on the “immense goodness and kind acts” unearthed during the original programme’s tenure. She expressed excitement at the prospect of again discovering individuals who, though unheralded, are transforming lives through service, kindness, and courage.

With its original foundation rooted in honouring selfless men and women, the revitalised campaign expands the lens to include young people aged ten and above. According to Wellington, many of the region’s youth are actively engaged in positive, socially conscious efforts—ranging from environmental activism to community health awareness—but often go unrecognised. The new campaign seeks to change that.

Under the updated format, persons can be nominated for their outstanding work within their communities or for acts of heroism, bravery, or extraordinary kindness within the 12 months prior to the start of the campaign. The initiative will run across all ten territories where CIBC Caribbean operates, culminating in the announcement of local winners in August and regional awardees in September.

Wellington noted that the programme would once again be a key initiative under the CIBC Caribbean ComTrust Foundation, the charitable arm of the bank. She acknowledged the trustees of the Foundation for their enduring commitment to community development and expressed particular thanks to Debra King, the longest-serving trustee, for her guidance and leadership since the Foundation’s inception.

Established in 2003, the ComTrust Foundation has become a critical force for good across the region, disbursing over US$32 million—or approximately BDS$64 million—towards projects in areas such as health, education, youth development and environmental sustainability. From scholarships at the University of the West Indies to after-school programmes with the YMCA, the Foundation’s reach has been broad and impactful. It has supported young entrepreneurs through Youth Business Trusts and partnered with organisations like Hands Across the Sea to promote literacy in the OECS.

The Foundation has also stepped in during times of crisis. From supplying PPE during the COVID-19 pandemic to assisting in the aftermath of Hurricane Beryl and the La Soufrière volcanic eruption, its commitment to regional resilience has been unwavering.

One of its flagship initiatives, Walk for the Cure, continues to grow in popularity, attracting over 35,000 participants last year and raising more than US$5 million to support cancer care across the Caribbean.

Wellington also used the occasion to touch on the bank’s transformation journey. She described CIBC Caribbean as a more agile and digitally focused institution, offering customers a modern, secure and user-friendly banking experience. The bank, she said, remains deeply connected to the communities it serves, committed not only to financial innovation but to people-centred development.

As the event closed, anticipation was high for what the next generation of Unsung Heroes would bring. With nominations soon to open, the relaunch signaled more than the return of a programme—it marked a reaffirmation of Caribbean compassion, character, and community spirit.

Caption (from left to right) Corporate Communications Manager, CIBC Caribbean, Anthony Blackman, Chief Country Management Officer, Donna Wellington, Corporate Communications Manager, Debra King, Associate Senior Counsel and Trustee of the CIBC Caribbean ComTrust Foundation Olivia Burnett and Secretary to the ComTrust Foundation Shantelle Griffith looking at the coffee table book Unsung Heroes of the Caribbean featuring past winners of the bank’s Unsung Heroes programme.


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Let Your Riddim FLOW

Flow ignites with vibrant brand refresh

The hills of St. John pulsed with the heartbeat of Barbados on Saturday night as Flow unveiled its bold new brand campaign, Let Your Riddim Flow, during a high-energy celebration at We Gatherin’

Against a backdrop of infectious music, dancing, and vibrant community spirit, the leading telecoms provider in partnership with the National Cultural Foundation (NCF) brought together scores of Barbadians in a display of cultural pride and corporate transformation.

Throughout the day, there was a hive of activity in the Flow Riddim Zone. Then the night was marked by a carnival-style parade featuring stilt walkers, moko jumbies, costumed dancers, and Flow’s signature blue characters, who lit up the of Pool Woods venue with flair and fun. 

The event served as the public launch of Flow’s brand refresh, tied to the evolution of its parent company from C&W Communications to Liberty Caribbean — a name that signals greater regional pride and investment in technology and customer experience. But as Flow’s Vice President Desron Bynoe made clear, this transformation is about more than a name.

“We’ve turned a bold new page,” Bynoe declared to the lively crowd, “and we’re doing it with a rhythm that’s uniquely Caribbean. This campaign isn’t about products or plans. It’s about people and pride.

“It’s about connecting our culture to our technology in a way that feels real, feels local, and feels Bajan to de bone”.It’s a cultural connection. Flow Barbados is still the brand you know and trust — but now, with more colour, more energy, and a louder beat. We’re inviting you to Let Your Riddim Flow.”

With a renewed focus on local communities, Flow has already rolled out a suite of initiatives that go beyond connectivity — from its Experience Uplift campaign, which takes customer service into the heart of neighbourhoods, to Technician Pathways, a training and development programme empowering the company’s nearly 100 technicians. Flow has also expanded its support of digital inclusion through JUMP, helping students and families bridge the digital divide.

The festive launch perfectly aligned with We Gatherin’ 2025, the government-led, year-long initiative aimed at reconnecting Barbadians across the island and the diaspora. As a major sponsor of the national celebration, Flow’s $120,000 partnership with the Division of Culture underscores its commitment to not only connecting people digitally, but culturally and emotionally.

“At Flow, we believe in celebrating where we come from while building where we’re going. Whether you’re a DJ in Bridgetown, a fisherman in Skeete’s Bay, or a student dreaming big in Gall Hill — your rhythm matters. Flow is not just your telecom provider; we are your rhythm partner,” said Bynoe.

The main stage came alive when the parade joined Bynoe on stage as new Flow jingle was debuted. 

As the campaign rolls out across media, events, and customer touchpoints in the coming weeks, Flow Barbados is moving to a new beat — one that is proudly Caribbean, undeniably Bajan, and ready to connect the future. (PR)

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