Business

‘PERILOUS STATE’: MOF charts economic recovery to budget surplus by 2024/25 in fiscal strategy report

Ministry of Finance releases 2021 Fiscal Strategy Report and Medium-Term Debt Management Strategy NASSAU, BAHAMAS — The Ministry of Finance... read more »

Business

STILL NUMBER ONE: PM highlights need to stay competitive in tourism as Sandals Royal Bahamian reopens

Some 900 employees to return to work  Jamaican PM says investments like Sandals Royal Bahamian will “bear bountiful fruits” NASSAU,... read more »

Business

TOP OF THE CLASS: Bahamian tourism rebounding faster than rest of the region, says Cooper

Jamaican tourism minister hails Caribbean’s resilience  NASSAU, BAHAMAS — The Bahamas’ tourism industry is rebounding even faster than the rest... read more »

Business

INFLATION EVERYWHERE: Poultry producer sees operation costs rise 30%; can’t hold back price increase any longer

Pinder stresses importance of Bahamas growing its own food “If you want something, you’re going to have to pay 10,... read more »

Business

CIBC FirstCaribbean helps Girl Guides HQ completion

NASSAU, BAHAMAS — The Bahamas Girl Guides Association (BGGA) is a step closer to providing an empowerment and training hub... read more »

Business

WITHDRAW IT: BREA calls on government to drop real property tax reassessment over illegality claim

Department of Inland Revenue defends property reassessment exercise, dismisses claim NASSAU, BAHAMAS — The Bahamas Real Estate Association (BREA) yesterday... read more »

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Business

DEVASTATING: BCCEC warns of up to 500% property tax hikes in reassessment exercise

NASSAU, BAHAMAS — The Bahamas Chamber of Commerce and Employers Confederation (BCCEC) yesterday warned that real property tax increases as... read more »

Business

BIT MORE FRUGAL: Government urged to carefully manage debt burden in the wake of pandemic spending

NASSAU, BAHAMAS — The government will have to be a “bit more frugal”  with its spending as it manages the... read more »

Business

Customs promotions to come as review and recommendation process underway, says minister

NASSAU, BAHAMAS — Minister of State for the Public Service Pia Glover-Rolle said yesterday that the government is moving ahead... read more »

Business

Crawfish prices hit record highs amid one of the best seasons in 15-20 years

NASSAU, BAHAMAS — The 2021/2022 crawfish season was yesterday described as one of the best in the last 15-20 years,... read more »

Business

BREA received multiple complaints over real property tax bills

NASSAU, BAHAMAS — Bahamas Real Estate Association (BREA) president Christine Wallace-Whitfield said yesterday that the industry association and its members... read more »

Business

‘NOT A RATE HIKE’: Increase in some real property tax result of revaluation, says economic affairs minister

Minister maintains “everyday, working-class Bahamian” not being targeted  NASSAU, BAHAMAS — Economic Affairs Minister Michael Halkitis said yesterday that while... read more »

Business

ALIBI: Govt blames delays in publishing key reports on outdated systems and ‘overly complex legislation’

Govt to publish overdue documents this week  Min of Finance says opposition only bringing this up as distraction from food... read more »

Business

ERA Dupuch and Concierge show sneak peek at last available PI fantasy estate

ERA Dupuch real estate links in Concierge Auctions Fantasy island-like property on Paradise Island hits market at $12.25 million NASSAU,... read more »

Business

Eeden Farms becomes Eeden Acres

CINCINNATI, OHIO, USA — Prime Minister Philip Brave Davis and Minister of Agriculture, Marine Resources and Family Island Affairs Clay... read more »

Business

Organic baby products supplier receives over $140K through Access Accelerator

NASSAU, BAHAMAS — From a desire to affordably improve a daughter’s food options to a successful startup, Tiny Tot’s Organics... read more »

Business

NEW DAY AGENDA: Minister unveils 10-point plan to improve the public service

NASSAU, BAHAMAS — The public service is reportedly set to benefit from a series of changes as a part of... read more »

Business

IN BREACH: Pintard accuses govt of failing to comply with fiscal accountability and transparency legislation

Opposition leader asks: Where’s the Fiscal Strategy Report? NASSAU, BAHAMAS — Opposition Leader Michael Pintard yesterday accused the Davis administration... read more »

Business

Major crypto conference set for The Bahamas as FTX teams up with SALT

Invitation-only Crypto Bahamas conference set for April 26-29 at Baha Mar NASSAU, BAHAMAS — The Bahamas is set to play... read more »

Business

BOOZE UP…LITERALLY: Premium alcohol sales rise; regional exec says it’s a positive indicator for tourism

CEO links pandemic lockdowns to increase in premium wine and spirits sales “The desire to get out and enjoy oneself... read more »