Search results for : and Enterprises
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IDB: Govt debt strategy calls for reduced lending
The Inter-American Development Bank (IDB) is pointing to the government's debt management strategy as the reason for a significant planned fall in the volume of financing the Washington, D.C.-based institution will make to The Bahamas over the next four years.
Meanwhile, the IDB has revealed that The Bahamas is estimated to need $1.2 billion in debt financing between 2013 and 2017, with around 50 ...
Cable Bahamas' New Grand Bahama Data Centre Protects Businesses From disaster
Freeport, Grand Bahama - Cable Bahamas Ltd just opened its new state-of-the-art data centre on Grand Bahama, the first of its kind on the island. The facility, located in the heart of Freeport, complements Cable Bahamas' existing data centre located at the Robinson Road complex in Nassau.
State-owned enterprises will become bigger burdens amid COVID-19, notes DPM
The government is working to find the best solution to reduce the dependency of state-owned enterprises and quasi-governmental organizations in the wake of the novel coronavirus (COVID-19) threat, with Deputy Prime Minister and Minister of Finance Peter Turnquest contending that they will likely become bigger [...]
The post State-owned enterprises will become bigger burdens amid COVID-19, notes DP...
UB professor wants govt-allocated funds diverted to fund local enterprises
In the process of rebuilding The Bahamas' economy in the wake of the coronavirus (COVID-19) pandemic, funds should be diverted away from the ministries of tourism and financial services and be used to fund domestically generated enterprises, Professor of the School of Business and Hospitality [...]
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Liberty Latin America launches COVID-19 PSA channels in the region
In response to the Coronavirus pandemic (COVID-19), Liberty Latin America Ltd. ("Liberty Latin America" or "LLA") (NASDAQ: LILA and LILAK, OTC Link: LILAB), today announces that it has launched PSA (public service announcement)...
More than 600 businesses apply for 14 million in loans
Peter Turnquest.To date 616 businesses have requested a total of $14.88 million from the government's Business Continuity Program for micro, small and medium enterprises (MSMEs), Deputy Prime Minister and Minister of Finance Peter Turnquest revealed today...
So far 200-plus apply for business continuity loan
Edison Sumner.In excess of 200 businesses have already applied for the government's Business Continuity Program, which provides a portion of a $20 million loan facility to micro, small and medium-sized enterprises (MSMEs). And the numbers are expected to grow, according to Edison Sumner, who is the [...]
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Government provides Business Continuity Loan Program for Small Businesses
Through the Access Accelerator Small Business Development Centre, the Government of The Bahamas has allocated $20 million to assist small businesses impacted by the COVID-19 outbreak...
University students gain insight into the inner workings of The Bahamas’ tourism industry
Executives in The Bahamas’ hospitality sector shared frank insights into managing workplace stress while delivering premier customer service with University of The Bahamas students recently during Business, Hospitality and Tourism Studies Week...
Small Ruminant Revitalization Program launched by The Bahamas Development Bank, Ministry of Agriculture and Marine Resources and the Caribbean Agriculture Research Development Institute (CARDI)
The Bahamas Development Bank (BDB) in collaboration with the Ministry of Agriculture and Marine Resources, and the Caribbean Agriculture Research Development Institute (CARDI), launched the Small Ruminant Revitalization Program (SRRP) on Tuesday, March 3rd with a three day workshop at the NGM Major High School in Deadman’s Cay Long Island...