Business
Mastercard wants to work with local credit unions
Mastercard wants to work with credit unions in the country to increase financial inclusion on the Family Islands, Mastercard’s Account…
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Tourism: Strategic partnership leads to 9% jump in group bookings
The Ministry of Tourism and Aviation (MOTA) has seen a nine percent increase in its group bookings after just a…
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Central bank governor laments loan repayment delinquency rate
The rate of loan repayments delinquency in The Bahamas – despite a recent downward trend – is still beyond “terrifying”…
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Concern about impact of excess liquidity on lending activity
The Central Bank of The Bahamas (CBOB) released its Financial Stability Report on Friday, which revealed no “pressing” risks to…
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Several new tech firms approved, being considered for GB
New technology companies continue to show interest in Grand Bahama, Minister of State for Grand Bahama Kwasi Thompson said on…
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Nat’l Payments Council examining costs associated with accepting credit, debit card payments
The National Payments Council has begun to look at the high cost of fees associated with accepting credit and debit…
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Wilchcombe: GB residents pessimistic on economy
There is more pessimism than optimism surrounding the proposed investments on Grand Bahama for many residents, according to former West…
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Halkitis: Bahamas should join forces with region on financial services
A former minister of state for finance yesterday said The Bahamas should explore joining forces with regional jurisdictions as a…
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Polymers Int’l reduces workforce in response to market pressures
Global environmental concerns have come to bear on a Grand Bahama operation, forcing the company to dismiss ten of its…
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Turnquest: OECD gives Bahamas thumbs up
The Organisation for Economic Co-operation and Development (OECD) has concluded that The Bahamas is a safe place for financial services…
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