NASSAU, BAHAMAS — Minister of Financial Services, Trade and Industry and Immigration Elsworth Johnson said yesterday that the government is looking to ‘broaden’ the country’s economic permanent residency offering, noting that digitization […]
NASSAU, BAHAMAS — A local retailer yesterday stressed that its exit from the Mall at Marathon was due solely to the onset of the COVID-19 pandemic. Gabrielle Armaly, operator of the clothing […]
NASSAU, BAHAMAS — Another petition has been launched in efforts to stop offshore drilling in The Bahamas, as the second oil exploration period for the Bahamas Petroleum Company (BPC) has been extended […]
NASSAU, BAHAMAS — The government has committed to expanding New Providence’s economic empowerment zone to include Gambier and portions of Fox Hill, Fort Charlotte and Adelaide. In September, Prime Minister Dr Hubert […]
NASSAU, BAHAMAS — An American credit rating agency yesterday pushed the country’s credit rating further into junk territory as it now expects the Bahamian economy to contract by 21 percent this year. […]
NASSAU, BAHAMAS — Retailers last night expressed relief that they have been “given a chance to survive” by getting the green light to allow customers in their establishments once again. During his […]
NASSAU, BAHAMAS — Legislation regulating the sale and issuance of digital assets could provide The Bahamas with much-needed avenues to new industries and allow new entrants into that space, according to Caribbean […]
NASSAU, BAHAMAS — Commonwealth Brewery has reported that the overall impact of COVID-19 resulted in a net loss of $3.4 million for the first nine months of the year. In its unaudited […]
NASSAU, BAHAMAS — A Central Bank survey of bank lending conditions has revealed that demand for credit declined sharply across all markets during the first half of 2020, as application volumes fell […]
NASSAU, BAHAMAS — The Economic Recovery Committee (ERC) has recommended that the government reform the country’s “antiquated” bankruptcy laws, noting that this should be treated as a “priority” for economic recovery. In […]
