Barbados’ Tourism Minister, Kerrie Symmonds wants a united CARICOM position on the setting of standards by the international community on small island developing states.
Symmonds was at the time addressing parliament during debate on the Companies Amendment Bill.
And he referred to a situation where a British bank was fined heavily for failing to comply with regulatory requirements.
He says it is necessary for small states to have a collective voice on issues such as de-risking and international financial regulations.
Cayman Airways says it is moving to recover losses from the grounding of its two Boeing 737 Max 8 planes.
Cayman Airways joined several airlines around the globe in grounding the aircraft following the fatal Air Ethiopia crash last month. It was the second such incident in six months involving the Boeing Max 8 aircraft.
Tourism Minister, Moses Kirkconnel says the airline has kept disruptions to passengers to a minimum since.
Caribbean Airlines will begin direct flights from Kingston, Jamaica to Barbados from Monday, April 15.
The service will operate twice weekly, every Monday and Friday.
The airline announced Wednesday that the flight will depart Kingston at 2:50 p.m. and will arrive in Barbados at 6:25 p.m.
It will leave Barbados at 7:25 p.m. and arrive at 9:15 p.m.