bahamian | Bahamas B2B

Bahamian professionals use PDC’s Train-the-Trainer program to strengthen disaster management capacity

A longstanding partnership between the University of Hawai’i’s Pacific Disaster Center (PDC) and the Government of The Bahamas has reached a new milestone in its ongoing journey to increase disaster management capacity within the country and beyond. Over the past two and a half years, beginning in February 2022, The Bahamas has been working with […]

Yntegra advances on private Bahamas development

Yntegra Group, a Miami-based private investment company, is advancing on its long-term strategic vision of unlocking the unrealised investment and economic potential of the Exumas, the Bahamas. The completion of 367 acres of ultra-prime real estate, covering two private islands on the Bahamian archipelago, cements Yntegra’s position as the largest active developer in the region […]

‘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 […]

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, […]

Bahamian Prime Minister Phillip Davis

Bahamas introduces legislation to regulate cannabis industry

NASSAU, Bahamas, CMC – Bahamian Prime Minister Phillip Davis today said he is supporting a compendium of bills to legalise the use of cannabis for medical and religious purposes, to decriminalise the possession of small amounts of cannabis. Speaking in Parliament, Prime Minister Davis said he was also supporting the measures to regulate the cultivation, […]

MP on Out Island airport fees: ‘Where’s the sky?’

Fears have been voiced that Bahamian residents could be placed “under an economic lockdown” through the imposition of new and increased fees to pay for Family Island airport redevelopments. Adrian White, the Opposition MP for St Anne’s, asked “where’s the sky” as he urged the Government to establish a policy limit on how much Bahamian […]