Search results for : finance
Atlantis executive denies financing challenge
August 08, 2013
Atlantis executive denies financing challenge
Faced with concerns raised by international analysts that Baha Mar's opening will challenge Atlantis' ability to meet its debt obligations, an Atlantis executive has asserted that it is Baha Mar - not Atlantis - that may be challenged once the Cable Beach resort opens...
June 05, 2013
February 02, 2023
Easy PayDay Expands Finance Offerings to Private Sector
EasyPay Day has expanded its business model by adding a loan facility to employees in the private sector in tandem with its government employee loan service.
PM: Priorities are finance and relief to Bahamians
July 29, 2022
PM: Priorities are finance and relief to Bahamians
PRIME Minister Phillip "Brave" Davis revealed yesterday that stabilising the country's finances and bringing economic relief to Bahamians will be key priorities for his administration for the remainder of year.
June 23, 2022
Finance working to quantify govt benefits from inflation, if any
Minister of Economic Affairs Michael Halkitis said yesterday that the Ministry of Finance is working toward quantifying how much, if at all, the government is benefiting from rising costs from inflation. The opposition has argued that inflation is boosting government revenue and as a result the government is benefiting from a perilous time for many ...
Govt refinanced $246 mil. BPL debt at reduced amount
June 22, 2022
Govt refinanced $246 mil. BPL debt at reduced amount
The government refinanced the $246 million bridge loan facility it assumed responsibility for in 2020 to cover the Bahamas Power and Light's (BPL) legacy debt. Documents obtained by Guardian Business reveal that the refinancing took place on January 28, after the government was unable to make the balloon payment even after an extension.
Minister of State for Finance Breaks Down the Government’s Comprehensive COVID-19 Response
December 22, 2020
Minister of State for Finance Breaks Down the Government’s Comprehensive COVID-19 Response
Minister of State in the Ministry of Finance Sen. the Hon. J. Kwasi Thompson explained that the COVID-19 pandemic wiped out the savings of many Bahamians who had big dreams for their families and businesses that are now on hold...
Statement by Prime Minister the Most Hon. Dr. Hubert Minnis on the resignation of the Minister of Finance
November 28, 2020
Statement by Prime Minister the Most Hon. Dr. Hubert Minnis on the resignation of the Minister of Finance
I have accepted the resignation of the Minister of Finance the Hon. K. Peter Turnquest, effective immediately...
November 09, 2010
Minister of State for Finance on Bahamas E-Government Programme Development
The advent of the Internet has changed the way we communicate and share information. This is true not only for social networking and keeping in touch with family and friends but also for commerce, learning, banking an all facets of everyday life.
October 15, 2014
Ministry of Finance: Condo and Homeowner's Association Fees Subject to VAT
Amid increasing enquiries the Ministry of Finance explained today that maintenance fees for condominium and homeowners' associations will be subject to VAT if the annual billings exceed the mandatory registration threshold of $100,000...
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