80 F
Aruba
75.5 F
Bahamas
74.9 F
Barbados
83.4 F
Curazao
79.9 F
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78.9 F
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Bahamas

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,...

Bahamas & Kenya formally establish diplomatic ties

The Governments of The Bahamas and Kenya have signed a communique to formalise their diplomatic relations. The communique was signed yesterday by the Bahamian Minister...

Bahamas Central Bank relaxes lending rules for residential mortgages

The Central Bank of The Bahamas (CBTB) says it is relaxing the guidelines for domestic banks and credit unions on the minimum equity injection...

Bahamas | Foreign currency outflows see $70 million contraction in November year-over-year

Foreign currency outflows saw a $70 million contraction during November relative to the same period in 2022, according to the Central Bank, with transactions...

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