The Bahamas is looking to borrow more money from abroad to beef up U.S. dollar reserves that have continued to follow a “downward trajectory”.
A management team involved in the opening of the largest casino in the world has signed on to lead Baha Mar’s much-anticipated gaming product.
Rattled Bahamian commercial bankers fear that the new Homeowners Protection Bill will further depress economic recovery since the mortgage market in the Bahamas has already “collapsed”.
Gibson said the government will use the reports to put mechanisms in place to prevent abuse and manipulation at NIB.
Voters have become accustomed to a variety of goods and services being provided as part of the election exercise.
British company Harlequin Property has halted work on its two multi-million dollar resorts in Barbados, owing employees two months’ salary,
The National Sports Authority (NSA) issued the Bahamas Association of Athletic Associations (BAAA) an exorbitant bill, exceeding $250,000 to use the stadium for the CARIFTA Games.
The Bahamas is experiencing a mini-boom, with international billion-dollar developments and business investments rapidly moving forward.
A new payment system was implemented after discovering that BEC workers contracted to simply disconnect/reconnect accounts have been earning as much as $95,000 a year.