85.7 F
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Bahamas

Bahamas PM defends new tax on multinational corporations

The Bahamas government is defending its introduction of the country's first-ever corporate income tax, with Prime Minister Phillip Davis emphasizing that the new legislation...

Bahamas PM wants greater collaboration in aviation sector of LAC

Bahamas Prime Minister Phillip Davis is calling for new partnerships for the future of aviation in Latin America and the Caribbean saying together “we have the...

Bahamas | APD reports 14.3 percent increase in net income for 2024 fiscal year

Nassau’s main commercial shipping port saw a 14.3 percent increase in net income for its 2024 fiscal year, surpassing forecasts, with vehicle volumes among...

Bahamas | Growth forecast remains in the low two percent range says Central Bank Governor

The country’s growth forecast for 2024 remains projected in the low two percent range, according to Central Bank Governor John Rolle. Governor Rolle noted during...

Bahamas | SBDC launches creative entrepreneurs initiative to empower Bahamian creatives

The Small Business Development Centre (SBDC), in collaboration with UNESCO, The Bahamas Baptist Union of Churches, and the Ministry of Youth, Sports, and Culture,...

Bahamas to resume diplomatic presence in Haiti

The Bahamas government says it will resume its diplomatic presence in Haiti after its diplomats were evacuated from the French-speaking Caribbean Community (CARICOM) country...

Bahamas | Government unveils LNG integration plan for energy efficiency boost

Government plans to construct 177 MW LNG plant by 2026 The government plans to reduce overall energy costs and enhance the efficiency of its generation...

Bahamas | Government presents tax free budget to Parliament

The Bahamas government has unveiled a tax-free budget of US$3.54 billion to Parliament with Prime Minister Phillip Davis saying that many elements of this...

Bahamas & St Lucia win Caribbean Destination Resilience Awards

The Bahamas and St Lucia were named as winners of Caribbean Destination Resilience Awards at the Caribbean Hotel and Tourism Association’s (CHTA) 2024 Caribbean...

Bahamas | Ministry of Finance dismisses concerns over GDP growth, citing ‘encouraging’ medium to long-term growth prospects

The Ministry of Finance has refuted suggestions that the country’s real GDP growth of 2.6 percent in 2023 signals trouble for the future, asserting...

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