Search results for : finance
IMF outlines climate financing obstacles in region
June 29, 2023
IMF outlines climate financing obstacles in region
As The Bahamas and the wider Caribbean petition for fairer access to climate financing, the International Monetary Fund (IMF) in a new analysis said several factors, including high levels of government debt, data gaps, and a lack of effective carbon pricing, have contributed to lower climate financing in the region. Prime Minister Philip Davis, as ...
The post IMF outlines climate financing obstac...
Bahamas Development Bank Launches Partnership that Will Help Creatives Receive Financing
June 28, 2023
Bahamas Development Bank Launches Partnership that Will Help Creatives Receive Financing
Nicholas Higgs, Managing Director, Bahamas Development Bank (BDB), said one of the hardest sectors to finance or one of the most stubborn areas to finance in the country is the Orange (creative) Economy.
June 14, 2023
Ministry of Finance advances renewable energy objective through contract signed with Rocky Mountain Institute towards solar project geared for MICAL
The Ministry of Finance, in proceeding with the Government’s priority of 30%Renewable Energy penetration in the country by 2030, today signed a contract with the Rocky Mountain Institute for the engineering design of a utility scale solar photovoltaic and hybrid (storage) project to be implemented in MICAL.
Finance Workers Demand Promotions
June 09, 2023
Finance Workers Demand Promotions
NASSAU, BAHAMAS - Finance and accounting officers convening outside the Office of the Prime Minister Friday seeking answers and a meeting with the prime minister over outstanding promotions and compensation.
June 08, 2023
Salient Points made by Prime Minister and Minister of Finance Philip Davis in his Budget 2023 Communication to Parliament, May 31, 2023
Projected Outturn for FY2022-2023: Public spending has remained on track, and is well within the budgeted amount.
PM calls for support for Bridgetown finance plan
May 15, 2023
PM calls for support for Bridgetown finance plan
PRIME Minister Philip "Brave" Davis said it is morally imperative that Caribbean and Latin American countries support the Bridgetown Initiative, a global climate finance plan.
May 01, 2023
CFAL successfully completes $145M Nassau Cruise Port bond refinancing
NASSAU, BAHAMAS — Colina Financial Advisors Ltd (CFAL) has announced that it successfully refinanced the $134.4 million Nassau Cruise Port Ltd (NCP) bond this past Friday. CFAL raised $145 million on behalf of the cruise port operator by refinancing its eight percent unsecured bond and issuing a six percent unsecured bond. The team accepted applications [...]
May 01, 2023
CFAL Successfully Completes $145M Nassau Cruise Port Bond Refinancing
Colina Financial Advisors Ltd. (CFAL) successfully completed refinancing of the $134.4 million Nassau Cruise Port Ltd. (NCP) bond on Friday,April 28th.
Cruise port refinancing unsecured bond
April 24, 2023
Cruise port refinancing unsecured bond
The Nassau Cruise Port (NCP) is refinancing its eight percent unsecured bond and issuing a six percent unsecured bond, Colina Financial Advisors Limited's (CFAL) Corporate Advisory Administrator Shania Darville told Guardian Business on Friday. She said the refinancing has gone well thus far. "The offering opened on April 17... and it will close on April ...
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Finance Ministry Holds Energy Sector Forum
April 05, 2023
Finance Ministry Holds Energy Sector Forum
NASSAU, BAHAMAS - The Ministry of Finance and the Project Execution Unit, holding a pre-bid meeting and workshop for documents on national and international competitive bidding.
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