Business
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NAD to transition to cashless parking, ground transportation by end of Q1
Nassau Airport Development Company (NAD) anticipates the full transition of its parking and ground transportation (PGT) operations at Lynden Pindling…
Read More » CEO: Strong return of tourism seen in increase of premium alcohol sales
An indicator of a strong return of tourism dollars in The Bahamas and regionally is the healthy rise in alcohol…
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IDB report: Lack of trust remains big hinderance
A lack of trust remains the greatest hindrance to economic growth and innovation in the Caribbean, according to a recent Inter-American…
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Rolle: Brace for inflation, tougher credit access in 2022
Despite the economic gains from a rebounding tourism sector, Bahamian consumers should expect to see higher prices and more scrutiny in…
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Central Bank expects increased spending to stimulate economic growth
Although The Bahamas’ economy will still be in recovery mode in 2022, Central Bank Governor John Rolle said it could…
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PM to businesses: It’s time to embrace transformative change
Prime Minister and Minister of Finance Philip Brave Davis yesterday called on the business community to be a part of…
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BHTA chief outlines urgent issues plaguing tourism sector
Several critical issues continue to hamper the tourism sector – airlift growth and cost, unused room capacity, import substitution and…
Read More » FTX Digital Markets donates $1.1 mil. to agricultural development
The world’s number two cryptocurrency exchange FTX Digital Markets has donated $1.1 million to the newly formed Agricultural Development Committee,…
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Abaco seeking to form an economic development council to attract investment to the island
Abaco is hoping to form an economic development council, run by the private sector, that would attract investment to the…
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Bahamas removed from EU list of AML/CFT deficient countries
The Bahamas has been removed from the European Union’s (EU) list of jurisdictions with strategic deficiencies in their anti-money laundering/combating…
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