Business
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Cooper hits out at CIBC Caribbean portfolio sale
The Bahamas should band together with its regional counterparts to protect the regional banking system against “what appears to be…
Read More » Fears of reduced middle class as financial services sector suffers loss
Pointing to the recent announcement by Swiss wealth management company Julius Baer that it is closing its New Providence booking…
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Rolle: General Post Office demolition to begin ‘before end of first quarter’
Demolition of the General Post Office at East Hill Street, which will make way for the construction of the new Central…
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Investment Funds Amendment Bill passed
The Investment Funds Amendment Bill, 2020 was passed yesterday in the House of Assembly, allowing for 24 new provisions of the principal…
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GB crane accident cost Royal Caribbean more than $35 million
The incident at the Grand Bahama Shipyard last April in which a crane collapsed onto Royal Caribbean Cruises’s Oasis of the Seas cruise…
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IMF expects mild economic contraction in 2020
The International Monetary Fund (IMF) states in its most recent mission report on its visit to The Bahamas that it expects…
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IMF offers $200 mil.; government says no
The International Monetary Fund (IMF) states in its most recent mission report on its visit to The Bahamas that it…
Read More » Bahamas remains on top 10 most expensive countries list
The Bahamas was again listed as one of the top 10 most expensive countries in the world to live, dropping…
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DNP concerned about aggressive solicitation downtown
The Downtown Nassau Partnership (DNP) is working with the government to create a high-level group for the purpose of addressing…
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Govt revenue up 9%; DPM not yet satisfied with collections
Although government revenue is up nine percent, Deputy Prime Minister and Minister of Finance Peter Turnquest said yesterday the government is not…
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