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Bahamas

Economics

Bahamas | $38 Million mobile wallet payments drop tied to government and pandemic payments

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Mobile wallet payments from January to August of this year declined nearly $38 million compared to the same period last year, as the Central...
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Bahamas | PM Davis: Proposed Consumer Protection Bill is “a modern legislative framework to protect Bahamian consumers,” particularly “the vulnerable among us”

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During his Contribution in the House of Assembly, on November 1, 2023, Prime Minister and Minister of Finance the Hon. Philip Davis said that...
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Delta Airlines to launch new direct flights from Miami to Nassau

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Delta Airlines will soon open a new route between the Miami International Airport and the Lynden Pindling International Airport in The Bahamas in November. The...
Economics

Bahamas Development Bank Launches Partnership that Will Help Creatives Receive Financing

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Nicholas Higgs, Managing Director, Bahamas Development Bank (BDB), said one of the hardest sectors to finance or one of the most stubborn areas to...
Economics

Bahamas | Government to improve DRM governance, work with IDB on implementation of the Disaster Risk Management Act

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The Government of The Bahamas has agreed to engage in a Programme with the Inter-American Development Bank (IDB) -- the objective of which is...
Economics

US vice president announces more than $100M to help the Caribbean

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US Vice President Kamala Harris announced Thursday that the US is investing more than $100 million in the Caribbean region to crack down on...
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Bahamas and Jamaica announce new tourism partnership

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Jamaica and the Bahamas have announced a new partnership aimed at developing a cooperative approach to air travel and the further growth of the...
Economics

Bahamas | Need for improved telecommunications and energy reliability highlighted in IDB report

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NASSAU, BAHAMAS-  A recent Inter-American Development Bank (IDB) report has once again highlighted the need  to improve reliability of telecommunications and energy in the country in...
Economics

Central Bank says Bahamas economy is growing robustly

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The Central bank of the Bahamas (CBB) Monday said the robust recovery of the Bahamian economy was sustained in 2022, underpinned by the further...
Economics

Bahamas | Tourism spend drives $1.2 billion increase in goods and services exports in 2022

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NASSAU, BAHAMAS-  The Bahamas saw a $1.2 billion increase in its exports of goods and services in 2022 drive in large part by tourism expenditure...
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