Grand Bahama to welcome boost in tourism with increased fall airlift

Grand Bahama to welcome boost in tourism with increased fall airlift

NASSAU, BAHAMAS — Grand Bahama tourism stakeholders are welcoming the news of increased airlift to the islands this fall, with foreign air arrivals to the island over the first five months showing an eight percent year-over-year increase. The Ministry of Tourism, Investments, and Aviation recently announced that Grand Bahama Island is poised to receive more […]

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‘Sand Dollar’ Isn’t Taking Off in Bahamas; Central Bank Tightens the Screws

‘Sand Dollar’ Isn’t Taking Off in Bahamas; Central Bank Tightens the Screws

Voluntary measures have failed. The Central Bank of the Bahamas directed commercial banks to expedite the adoption of the country’s official digital currency, signaling a shift from encouragement to enforcement. Known as the “Sand Dollar“, the digital currency of the Bahamas was launched officially in an attempt by financial authorities to enhance transparency and boost […]

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CFAL to facilitate Bahamas Grid Company bond offering

CFAL to facilitate Bahamas Grid Company bond offering

NASSAU, BAHAMAS — Colina Financial Advisors Ltd. (CFAL) has announced that it is facilitating a bond offering for Bahamas Grid Company Ltd. The company, formed to work alongside Bahamas Power and Light (BPL), aims to upgrade and maintain the transmission and distribution system on New Providence (the T&D System). The bond offering commenced on Monday, […]

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