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Bahamas

Bahamas to host 2025 Routes America Conference

The Bahamas is gearing up to host the 2025 Routes America Conference, with preparations already in full swing. Chester Cooper, the Deputy Prime Minister and...

Bahamas to Swell Blue Economy with IDB Support

The Inter-American Development Bank (IDB) has approved a US$60 million Conditional Credit Line for Investment Projects to foster sustainable development in the Bahamas by stimulating micro,...

Bahamas | Prime Minister Davis says His Government takes a ‘balanced approach’ under the current budget

While making his Opening Contribution to the Mid-Year Budget Debate 2023/2024, on March 6, 2024, Prime Minister and Minister of Finance the Hon. Philip...

Bahamas | Warning issued to property tax defaulters

Bahamian authorities say they are preparing to execute the power of sale against scores of delinquent accounts whose owners did not take advantage of...

Bahamas | Central Bank reports 20 percent expansion in digital wallet usage in 2023

As of December 2023, the number of digital wallets in use totaled 118,955, marking a 20 percent expansion for the year to date, with...

Bahamas Govt says country is a safe place after US Travel advisory

The Bahamas Government says the chain of archipelago remains “a safe and welcoming destination” as it responded to a travel alert by the United...

Bahamas | Central Bank projects the Bahamian economy to grow in the low two percent range in 2024

The Central Bank predicts The Bahamas’ economic growth to be in the low two percent range, still moderately above the estimate of the economy’s...

US judge approves FTX proposal for sale of high-end Bahamian properties

A Delaware judge has approved the sale of $222 million worth of luxury Bahamian real estate once owned by the collapsed cryptocurrency exchange FTX. Judge...

Bahamas | Central Bank Governor affirms positive impact of fixed exchange rate policy on price stability

The Bahamas’ fixed exchange rate policy, pegging the Bahamian dollar one-to-one with the US dollar, has been pivotal in fostering positive outcomes in price...

Bahamas | BSGC secures access to $200 million to-date for infrastructure projects

The Bahamas Striping Group of Companies has to date secured $200 million from local, regional, and international capital markets, as well as private lenders,...

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