Immigration is when a country receives people from another country for residential rather than visiting purposes. Immigrants, those who migrate through immigration, significantly contribute to the economy and social construct of a society. But for small island developing states (SIDS) like The Bahamas, the topic
Boaters, yachters and private pilots will be allowed to travel to The Bahamas as of June 15, Tourism Minister Dionisio D’Aguilar announced on Tuesday.
Additionally, commercial airlines will be allowed to bring in Bahamians, permanent residents and home owners, along with their family members. The minister
The International Monetary Fund (IMF) has approved the disbursement of $250 million in rapid financing – 100 percent of the quota allowed under the IMF’s Special Drawing Right (SDR) – to support the country’s fight against the coronavirus (COVID-19), an IMF press statement revealed yesterday.
The statement explained that the
New data from The Central Bank of The Bahamas (CBOB) shows just how much of an impact the COVID-19 pandemic has had on the tourism sector and the wider economy.
The Monthly Economic and Financial Developments (MEFD) report for April showed that total visitor arrivals declined by
Beginning July 1, increases to the National Insurance Board (NIB) insurable wage ceiling will come into effect along with increases to benefits paid for long-term benefits and assistance, the board announced last week.
This increase of the wage ceiling on which contributions are paid would only
This month was set to be a busy one for the Bahamas Aquatics Federation (BAF), but the presence of the COVID-19 pandemic has forced a postponement of the 2020 BAF National Swimming Championships.
The meet was slated for June 18-21 at the Betty Kelly-Kenning National Swim Complex. This year’s meet
With all that is going on in the world of sports, in this case athletics, national representative for Bahamian athletes Jeffery Gibson said, collectively, they are just taking everything in stride and waiting out the pandemic. The athletes rep in the Bahamas Association of Athletic Associations
Shell North America has submitted an application to Utilities Regulation and Competition Authority (URCA) for an independent power provider (IPP) license in preparation to produce baseload power for New Providence from Bahamas Power and Light’s (BPL) Clifton Pier power plant.
A press statement released by Shell on the matter
The government intends to assume responsibility for nearly $250 million of Bahamas Power and Light’s (BPL) debt that was supposed to be settled as a part of the rate reduction bond (RRB) facility, which has yet to be finalized.
Prime Minister Dr. Hubert Minnis tabled a
It has been a full week since the 2020 CARIFTA Aquatics Championships has been officially canceled due to the presence of the COVID-19 pandemic and although the team is disappointed, they are looking forward to other tournaments and a chance to prepare for next year’s CARIFTA.