Bahamas reign supreme at Aquatic Championships after Carifta

The Bahamas delivered yet another commanding performance in the pool to capture their eighth consecutive CARIFTA Aquatics Championships title here on Tuesday. The defending champions staved off an early challenge from Jamaica in the opening days of…

IMF says Bahamas economy has strengthened in recent years

The International Monetary Fund (IMF) says theeconomy of The Bahamas has strengthened in recent years with a robust post-pandemic tourism sector being the key driver of economic growth and fiscal revenues. The IMF executive board has completed the…

BAHAMAS Government defends decision to use dormant accounts

The Bahamas government is defending its decision to table legislation aimed at transferring funds from dormant accounts to the Disaster Emergency Fund saying that conservative estimates suggest that over 40 per cent of the country’s national debt…

BAHAMAS PM makes direct pitch to workers as unions plan nationwide strike

Prime Minister Phillip Davis has appealed to public sector workers to take into consideration the existing socio-economic conditions in The Bahamas as trade unions plan mass demonstrations across the country on Wednesday in support of their demands…

Bahamas Police seize more than US$12 million in drugs in weekend operations

Police says they have seized more than US$12 million in cocaine during several operations over the last weekend. They said that on Saturday night, two men were arrested on Cat Island after they were found with US$7.8 million worth of cocaine in a…

Bahamas Government reduces VAT on a number of products

Prime Minister Phillip Davis says as a result of the Bahamian economy growing stronger “and government finances are on a sounder footing,” the value added tax (VAT) on a number of products has been reduced from September 1. In a statement, Davis…

BAHAMAS Government to sign new agreement for 400 room hotel

The Bahamas government says it expects to sign on Tuesday, a heads of agreement with Baha Mar for the construction of a new 400-room hotel in the country. Baha Mar, which is located in the Cable Beach area of New Providence, opened the Grand Hyatt…

Bahamas experiences growth in January according to Central Bank

The Central Bank of the Bahamas (CBB) says preliminary indications are that during January, the domestic economy sustained its growth momentum, although at a more tempered pace, with economic indicators returning closer to their expected medium-term…

Bahamas moves into space tourism

The Bahamas government Tuesday said it had successfully negotiated and executed a Letter of Agreement (LOA) with Space Exploration Technologies Corporation ( SpaceX) “marking a revolutionary leap for The Bahamas into the realm of space tourism”.…

BAHAMAS PM urges the media to keep crime off the front pages

Prime Minister Philip Davis is urging the local media to keep crime off the front pages amid concerns that the tourist sector, the lifeblood of the chain of islands, could be severely affected. The US Embassy here has US Embassy has issued a…