Colina Insurance Limited’s rating outlook was downgraded from “stable” to “negative”, a move that was linked to concerns about Colina’s real estate investments.
Illiquidity in the Bahamian capital markets may be the reason behind the ‘gun-shy’ response from investors in the Commonwealth Brewery (CBB) initial public offering (IPO).
Prime Minister Hubert Ingraham has lifted the restriction prohibiting foreign investments in restaurants or entertainment facilities, and increased the minimum dollar requirement for direct foreign…
The $62.5 million Commonwealth Brewery Limited initial public offering (IPO) will most likely be undersubscribed, but the offer will not be extended further to the…
Pessimism may best describe consumer sentiment across the Caribbean, with countries less dependent on tourism and financial services generally more optimistic than their neighbors –…
A World Bank study has shown that the Bahamas has lost an average 1.8 per cent in GDP growth per year over the five-year period…
Despite little attention being paid to solving Mr Jones’ murder, lots of attention is being lavished on the money that Mr Jones controlled.
The Bahamas monthly economic figures for February show a relatively stable economy, a decrease in the overall deficit, and a bolstering of the fiscal situation.
The Bahamas’ foreign exchange reserves are at a record high of $1.122 billion, due to the Bahamas Telecommunications Company (BTC) and BORCO sales.