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Bahamas

FTX Bahamas subsidiary branded a ‘front’ for fraudulent transfers in court filings

NASSAU, BAHAMAS — Lawyers for FTX have filed a complaint in a US bankruptcy court claiming that the company’s Bahamian subsidiary FTX Digital Markets...

Bahamas economy continues to show growth

The Central Bank of the Bahamas (CBB) says preliminary economic indicators suggest that the growth momentum in the domestic economy persisted during the month...

Bahamas | US Department of Transportation rejects discrimination complaint by airline group

NASSAU, BAHAMAS — The United States Department of Transportation has rejected a discrimination complaint by Airlines for America that the Bahamian government employs unfair...

Bahamas | PM: Gov’t estimating revenue intake of $2.8 billion for the fiscal year

NASSAU, BAHAMAS — The government is projecting $2.8 billion in revenue for the fiscal year 2022/2023 as a result of its revenue-enhancing programmes, according...

The Bahamas | Central Bank forecasts up to 6% economic growth for 2023

NASSAU, BAHAMAS — The Bahamas can reasonably expect to see anywhere from four to six percent economic growth this year, according to Central bank...

Bahamas | The Ministry of Labour & Immigration announces a Job Fair with IHOP

The Ministry  of Labour & Immigration, in conjunction with the Department of Labour and IHOP Bahamas (International House of Pancakes), will hold a Job...

Bahamas – Government signs Heads of Agreement for $175 million development in the Exuma Cays

NASSAU, BAHAMAS —The government yesterday signed a Heads of Agreement (HOA) with the developers behind a $175 million luxury resort and residential development on...

FTX US and Bahamian joint provisional liquidators reach cooperation agreement

NASSAU, BAHAMAS — FTX Trading Ltd and its affiliated US debtors announced yesterday that they have come to terms for “mutual cooperation” with the...

Bahamas – Government to break ground for new GB airport in early 2023

Government is in the final phase of negotiations with the selected bidder for a new international airport for Grand Bahama with a groundbreaking scheduled...

Bahamas – Retailers federation says Christmas sales on par with 2021

NASSAU, BAHAMAS — Christmas sales this year were similar to sales in 2021, according to The Bahamas Federation of Retailers (BFR), with a strong...

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