Search results for : investors
EXCHANGE CONTROL: $100,000 annual investment cap for individual investors to take effect in June
EXCHANGE CONTROL: $100,000 annual investment cap for individual investors to take effect in June
NASSAU, BAHAMAS — The Central Bank's recent exchange control liberalization measures, slated for implementation in June, will allow individual investors to invest up to $100,000 annually without prior approval, potentially driving activity to the tune of $200 to $300 million, according to Governor John Rolle. The Central Bank announced back in March that reforms to [...]
PM dismisses concern GBPA dispute will undermine investor confidence
PRIME Minister Philip "Brave" Davis dismissed concerns that the government's dispute with the Grand Bahama Port Authority (GBPA) undermines investor confidence and suggested that investors already lacked interest in the island.
Davis dismisses criticism of GBPA standoff impact on investor confidence
NASSAU, BAHAMAS — Prime Minister Philip Davis has dismissed criticism regarding the government's ongoing standoff with the Grand Bahama Port Authority (GBPA), challenging the disparity in investment distribution across the islands, particularly the lack of focus on Freeport. Davis made these remarks while inspecting progress on vital infrastructure projects in downtown Nassau, accompanied by...
GBPA Eyeing Domestic Investors With New Satellite Office
NASSAU, BAHAMAS - The Grand Bahama Port Authority recently opened an office right here in New Providence. The purpose is to connect investors with the city of Freeport.
GBPA showcases investor-ready commercial and residential properties
NASSAU, BAHAMAS — Executives of the Grand Bahama Port Authority are heralding a 'renaissance' in the island's economy, with a pipeline of projects worth $2 billion. During the opening of their Nassau satellite office, they showcased several 'investor-ready' commercial and residential properties. Derek Newbold, Chief Investment Officer for the GBPA, highlighted the progress made since [...]
Opportunities For Both Local And International Investors
NASSAU, BAHAMAS - Vibrant community living, quality lifestyle and providing opportunities for investment is the goal of the Brickell Management Group
D'Aguilar: Grand Bahama needs Kerzner-type investor for tourism transformation
NASSAU, BAHAMAS — Freeport needs to attract investors like the late Sol Kerzner, capable of injecting at least $3 billion into the island to transform it into a thriving destination, according to a former tourism minister and a prominent businessman. Dionisio D'Aguilar told Eyewitness News: "I believe every government has struggled to significantly boost tourist [...]
New Commonwealth of The Bahamas Investor Relations Website: New Investor Engagement Website to Enhance Financial Transparency
On November 2nd, 2023, the Ministry of Finance launched its new investor relations websitewww.mof-investor-relations.gov.bs. This new platform, developed in collaboration withBondLink, the leading cloud-based investor relations and debt management provider for the bond market, will centralize the latest financial news, project updates, reports, and more.
National Investment Policy overhaul to foster greater inclusion of domestic investors and businesses says PM
National Investment Policy overhaul to foster greater inclusion of domestic investors and businesses says PM
NASSAU, BAHAMAS- Prime Minister Philip Davis says that the revamp of the nation's National Investment Policy will also prioritize the inclusion of domestic investors and businesses in the investment discourse, ensuring they feel more involved and engaged in the process. During his contribution to the dabate on the Consumer Protection Bill 2023 Davis stated, "We [...]