Comments by Prime Minister Hubert A. Ingraham at the Loan Signing Ceremony IDB Air Transport Reform Programme and Water Supply and Sanitation System upgrade.
The Bahamas has made all the same decisions as Greece did leading to its financial crisis, and it has been predicted that the Bahamas will be in the hands of the IMF within 3 years.
JN Money Services Limited (JNMS) has launched an operation in The Bahamas, having signed an exclusive agent agreement trading with Cash N’ Go.
American consumer travel budgets rose steadily this year, and the Bahamas was amongst the top five most-requested countries to visit in 2011.
The International Monetary Fund recommends for the Bahamas government to introduce a broad-based consumption tax to aid debt reduction efforts amid a continued contraction in the islands’ financial services and construction sectors.
A claim for $365 million has been served on CL Financial Limited in relation to a guarantee reportedly made by the local company to Clico (Bahamas) Limited.
Japanese camera maker Olympus Corp. paid a group of obscure Cayman Islands-based companies almost $1 billion it spent on three start-up firms, according to internal documents and Cayman Islands records.
After a four-year criminal investigation, the Department of Justice has released a multimillion dollar agreement reached with an international Islamic banking network in the Bahamas.
Joe Lewis, the Bahamas-based billionaire, has launched an audacious low-ball takeover offer for pubs group Mitchells & Butlers.