Business
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DPM: Nation defending ‘legitimacy’ of financial services sector
Discussions with the European Union (EU) on the future of The Bahamas’ international financial services sector have evolved from a…
Read More » BISX adds another investment condominium to roster of funds
The Bahamas International Securities Exchange (BISX) announced last week that it has listed another fund sponsored by Credit Suisse AG’s…
Read More »OWN seeking to help GB and Abaco businesses impacted by Dorian
The OWN Bahamas Foundation is hoping to help Grand Bahama and Abaco businesses affected by Hurricane Dorian and has conducted…
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Fast approval of financing for storm-ravaged businesses
Small Business Development Center (SBDC) Executive Director Davinia Grant said the loans, grants and equity financing being considered for businesses on the…
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Survey reveals factors impacting GB businesses post-Dorian
Of 200 businesses on Grand Bahama surveyed by the Grand Bahama Chamber of Commerce, 63 percent said they had no…
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Commonwealth Bank to reopen on Abaco next month
Commonwealth Bank will be the first bank to operate on Abaco since Hurricane Dorian ravaged the island and could open…
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Bahamas one cent coin to be discontinued
The Central Bank of The Bahamas (CBOB) officially announced yesterday that The Bahamas’ one cent coins as legal currency will…
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$436M fiscal deficit overshoot expected
The government expects to overshoot its fiscal deficit target for fiscal year 2019/2020 by $436 million because of the devastation…
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Govt considering loan offers to replace lost revenue post-Dorian
The government is considering loan offers made by international and domestic lenders to offset expenditure and replace lost revenue as…
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Oil spilled at Equinor facility will likely not be fully recovered
The 119,000 barrels of oil spilled at Equinor’s South Riding Point terminal due to Hurricane Dorian will likely not be recovered fully…
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