Business

Consumer price index reflects drop in cost of key services and goods

NASSAU, BAHAMAS – The latest Consumer Price Index (CPI) shows a decline in the cost of key basic goods and... read more »

Business

Sumner expresses hope about Grand Lucayan deal

Urges managers to take the most reasonable VSEP offer   NASSAU, BAHAMAS – Edison Sumner, a former president of The... read more »

Business

Grand Lucayan LOI signed

Royal Caribbean/ITM Group begin HOA negotiations to purchase resort for $65 million   NASSAU, BAHAMAS – More than six months... read more »

Business

No timeline on Grand Lucayan sale

NASSAU, BAHAMAS – Minister of Tourism Dionisio D’Aguilar indicated yesterday that the government’s special purpose vehicle is making progress in... read more »

Business

D’Aguilar: Airspace monetization soon finalized

NASSAU, BAHAMAS – Tourism and aviation minister Dionisio D’Aguilar confirmed Tuesday that government is expecting to bring to a close,... read more »

Business

Exuma investor: We’re “busting out” of airport

NASSAU, BAHAMAS – The largest shareowner of one of Exuma’s principal properties is looking forward to a follow-through on promises... read more »

Poll

Do you think the government should increase the minimum wage for both public and private sectors?

  • Yes (88%)
  • No (12%)
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Business

Bahamasair, Air Canada and United Airlines top LPIA passenger surveys

NASSAU, BAHAMAS  – Today, March 25, 2019, Nassau Airport Development Company (NAD) officials revealed the top Airport Service Quality (ASQ)... read more »

Business

Award winning Coral Vita team to speak at GB Chamber event

FREEPORT, BAHAMAS –   Late last year Government officials, private stakeholders and Non-Governmental Organizations (NGO’s) attended the groundbreaking of the world’s... read more »

Business

Govt. narrows Grand Lucayan’s bidders list

NASSAU, BAHAMAS – The list of companies vying for the chance to own and operate the Grand Lucayan Resort in... read more »

Finance

Royal Fidelity reveals new logo

NASSAU, BAHAMAS – Royal Fidelity recently revealed a new logo reflecting a more modernized look, as the financial institution transitions... read more »

Business

PM: The Bahamas poised for an economic rebirth

GEORGE TOWN, EXUMA – Prime Minister Dr. Hubert Minnis said The Bahamas and the island of Exuma are poised for... read more »

Business

Financial services execs pledge support of govt. in move to avoid EU’s Blacklist

NASSAU, BAHAMAS – A busy year of persistent modifications to regulations governing the financial services industry may finally be producing... read more »

Business

BREXIT: Fatigue may send UK visitors to region

NASSAU, BAHAMAS – BREXIT concerns and overload may be pushing more U.K. travellers to The Bahamas and other regional countries... read more »

Business

Central Bank to host Blockchain seminar

NASSAU, BAHAMAS – Blockchain and how it can benefit The Bahamas will be front and centre next week as the... read more »

Business

$2 billion asset base decline over five years for public banks, trust companies

NASSAU, BAHAMAS – Public Banks and Trust Companies in The Bahamas have seen a more than $2 billion decline in... read more »

Business

Cruise lines have no issue with govt.’s selection for port

Royal Caribbean CEO excited and prepared to work with new developer   NASSAU, BAHAMAS – Although it missed out on... read more »

Countdown

Countdown to Tru Tru Bahamian Festival 2020

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Business

New Investment Fund Bill a new chapter in Bahamian Financial Services

2019 bill passed in HOA     NASSAU, BAHAMAS – The new Investment Funds Bill, which was passed in parliament... read more »

Business

Laing talks WTO with BCA

NASSAU, BAHAMAS – As the country continues to ready itself for accession to the World Trade Organization (WTO), government’s chief... read more »

Business

Global oil prices projected to rise this year

Price of fuel declines month-over-month   NASSAU, BAHAMAS – With global oil prices creeping upwards since December 2018, there will... read more »

Business

BISX All-Share Index trades $41 million in shares in 2018

The Bahamas International Securities Exchange (BISX) traded more than $41 million in shares last year, with its summary report for... read more »