Business
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Finance working to quantify govt benefits from inflation, if any
Minister of Economic Affairs Michael Halkitis said yesterday that the Ministry of Finance is working toward quantifying how much, if…
Read More » BIA concerned VAT changes for insured will harm healthcare sector
The government is preparing to move the burden of value-added tax (VAT) costs on healthcare services for insured people from…
Read More »Reinsurance costs could jump 15% next year, warns insurance exec
There could be a 15 percent increase in reinsurance costs next year, as the findings of climate change science decreases reinsurers’ appetite…
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Govt refinanced $246 mil. BPL debt at reduced amount
The government refinanced the $246 million bridge loan facility it assumed responsibility for in 2020 to cover the Bahamas Power…
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Former CB governor: Bahamas could benefit from a US recession
The Bahamas could actually benefit from the looming stagflation-induced recession currently threatening the United States, a former Central Bank governor…
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Govt approves 10,000-acre Long Island project; $250 mil. project up next
Yesterday the government approved a 10,000-acre development slated for South Long Island that will be built near to another project…
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Design firm seeking to completely ‘reposition’ Grand Lucayan
OBMI and its design arm UCO Studio have been creating unique concepts for projects across The Bahamas and the world,…
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Halkitis: National trade policy has been developed
The Bahamas has not leveraged the plethora of opportunities available through current trade agreements, Minister of Economic Affairs Michael Halkitis…
Read More » Govt creating carbon credit regulatory, legislative framework
As the government moves to monetize The Bahamas’ carbon credits, it is shoring up the legislative and regulatory framework needed…
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Higher insurance costs expected as reinsurers shirk risk in region
Increasing catastrophic natural disasters have reduced the appetite of reinsurers for certain kinds of risk in this region, paving the…
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