By: Staff Writer March 14, 2023 The $25m Big Samson Cay Retreat will be an eco-sensitive resort promising much needed boost and long term jobs for the island of Exuma.…
Category: BAHAMAS
“Signature” Brandy makes its Bahamas debut
February 7, 2023 Under dark skies and tobacco fog, brandy lovers and socialites tasted for the first time the newest member of the St.-Rémy Collection. Described as smooth, oaky and…
Bahamas’ Attorney General Defends Country’s Regulatory Regime Amid FTX ‘Debacle’
November 29, 2022 The Bahamas “is a nation of laws,” the country’s attorney general said, defending the nation’s actions in the wake of crypto exchange FTX’s collapse. During a 23 minute…
CEO Impressed With Dept. Of Labour’s Efforts To Get Bahamians Employed
November 18, 2022 As the government of The Bahamas prepares to host its Labour on the Blocks 2.0 on Grand Bahama this Saturday, a regional recruitment specialist is commending its…
FTX Exchange fallout prompts other exchanges to come clean on the books!
By: Staff Writer November 15, 2022 The Royal Bahamas Police force are working with the Securities Commission to investigate if any “criminal misconduct occurred” in view of the collapse of FTX,…
Providing better access to water in the Caribbean is a priority!
By: Staff Writer October 25, 2022 Access to clean, potable water for the Caribbean is a top priority as one country admits that approximately one third of their population can…
PopPay Platform Expands To Bahamas Government-Backed Digital Currency
May 20, 2022 PopID and SunCash announced today that for the first time in history, consumers can now use the PopPay face verification platform to purchase goods and services with…
PROVEN Wealth Management looking for more opportunities in the Caribbean after US$20m Bahamas housing PPP!
By: Staff Writer May 17, 2022 A PROVEN regional financier said that they are looking for more opportunities around the Caribbean as they ink $20m deal in The Bahamas. Johann…
The Bahamas: 2022 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for The Bahamas
May 10, 2022 The Bahamas is experiencing a tourism-led rebound. Real GDP growth in 2021 was close to 14 percent, as stayover tourist arrivals doubled relative to 2020. The economy…
The IIMF: THE BAHAMAS, SELECTED ISSUES
May 10, 2022 The Bahamas introduced a rules-based fiscal framework with a budget balance operational target and debt anchor in 2018. Since then, the pandemic and Hurricane Dorian have significantly…
Former Donald Trump senior official planning huge cryptocurrency conference for Bahamas next year!
By: Staff Writer April 29, 2022 A former Donald Trump senior official says that he is planning to move his offices to The Bahamas and build out his cryptocurrency ambitions…
Goldman Sachs sought to woo Bahamas based crypto-giant at Caribbean meeting
By: Tabby Kinder in Hong Kong and Eva Szalay in London April 22, 2022 Goldman Sachs chief executive David Solomon met billionaire FTX founder Sam Bankman-Fried in March to discuss…