Search results for : exporters
Progress in protecting, sustaining lobster fishery industry in The Bahamas
THE Bahamas Marine Exporters Association (BMEA) and its partners reported that they are making progress with their initiatives to the protect and sustain the country’s $70 million lobster fishery industry.
The Bahamas is currently one of the leading producers of spiny lobster tails in the world earning about $70 million dollars or more per year. Due to the high demand for Bahamian spiny lob...
The changing face of the Caribbean
The changing face of the Caribbean
Over the next ten years it is likely that the ways in which we all think about the Caribbean will change radically.
Payback doesn't pay back: U.S.-Cuba Claims
Payback doesn't pay back: U.S.-Cuba Claims
The excellent article by the Council on Hemispheric Affairs, published in The Nassau Guardian by permission of Caribbean News Now, highlights the uncertain economic results of desperate people who overturn dictators.
IMF: 'Political leaders' must use policy levers efficiently
The chief researcher at the International Monetary Fund (IMF), Maury Obstfeld, said it is up to political leaders to "offer a narrative" about long-term wage stagnation, structural economic change and threatened entitlement programs that counters the popular narratives that blame all ills on globally-oriented markets.
But, Obstfeld said that narrative must also offer the hope of policy actions tha...
Bahamas, U.S.A unite for 'Independence salute'
Bahamas, U.S.A unite for 'Independence salute'
U.S. Embassy Charg? d? Affaires Lisa Johnson on Saturday past hosted an American Pre-Independence Reception abroad the U.S.S Oscar Austin DDG 79 Naval Ship captained by Commanding Officer Janice G. Smith.
Why do they love electric cars in the Arctic Circle?
Why do they love electric cars in the Arctic Circle?
Tromso, a Norwegian city known as the "Gateway to the Arctic", receives no sunlight for two months of the year. Yet this remote, beautiful, snowy city is the unlikely focus of the global electric car industry, attracting the attention of Silicon Valley entrepreneurs such as Elon Musk, founder of electric car maker Tesla.
Bahamas observe World Accreditation Day 2016
Bahamas observe World Accreditation Day 2016
Under the theme, "Accreditation: A global tool to support public policy", The Bahamas is among the many countries worldwide, observing World Accreditation Day (WAD), a global initiative jointly established by the International Accreditation Forum (IAF) and the International Laboratory Accreditation Cooperation (ILAC) to raise awareness of the importance of accreditation.
CIBC: Too much emphasis on Baha Mar project
CIBC: Too much emphasis on Baha Mar project
While the Chapter 11 bankruptcy of the Baha Mar resort project continues to "haunt the country" according to CIBC FirstCaribbean International Bank, the bank - as noted in the CIBC Caribbean Market Overview for Q2 2016 - feels the ratings agencies and the market are putting too much emphasis on the bankrupt project.
Global shipping industry takes a hit from China slowdown
The bellwether sector is in crisis mode as it navigates oil price volatility, a drop in global demand and a glut of supply in ship capacity. Around 90% of the world's goods are transported by sea, so when demand drops, shipping companies are among the first to notice.
Correspondent banking loss consequences could be 'dire'
International Compliance Association Fellow and Former Vice President of the Bahamas Association of Compliance Officers (BACO) Emmanuel Komolafe has asserted that The Bahamas' financial sector should pay more attention to the "dire" consequences of losing correspondent banking relationships.
"The importance of correspondent banking relationships to financial institutions within the Bahamian financ...