Phoenix Medical Centre

No. 66 Dowsewell Street
Nassau
Nassau / Paradise Island, Bahamas

Review

Land Shark Hotel & Dive Resort

West Bay Street
Nassau
Nassau / Paradise Island, Bahamas

Review

Report: Little risk to U.S. currency peg from WTO accession

While the government is at risk of increasing its current account deficit, thereby running down its U.S. dollar reserves as a result of trade liberalization by joining the World Trade Organization (WTO), economic modeling done by global quantitative analysis firm Oxford Economics for the Bahamas [...]
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Moody's pegs Bahamas' fiscal and economic strength as 'low'

Moody's has assessed the Bahamas' Fiscal strength and its economic strength as "low", continuing to drive home government's need to bolster and expedite fiscal reforms in the country.
On Friday, Moody's announced that it would spare The Bahamas another downgrade but changed the country's outlook from stable to negative while leaving the country's credit rating at Baa3.
But the credit ratings agenc...

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Ex-central bank governor: Bahamian casino gambling would threaten dollar peg

As the government prepares to debate legislation that will upgrade the gambling options that can be offered to guests in The Bahamas, a former minister of state for finance has argued that any efforts to provide for Bahamians to gamble under the law could threaten economic stability.
James Smith, chairman of CFAL and former governor of The Central Bank of The Bahamas, told Guardian Business that T...

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CCRIF Pegs Irene Losses At 250M

A regional insurance organization has estimated the total economic impact of Hurricane Irene on The Bahamas at $250 million, representing 95 percent of all damage sustained in the Caribbean.

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Central Bank Governor affirms positive impact of fixed exchange rate policy on price stability

NASSAU, BAHAMAS — The Bahamas' fixed exchange rate policy, pegging the Bahamian dollar one-to-one with the US dollar, has been pivotal in fostering positive outcomes in price stability amidst global inflationary pressures.  Central Bank Governor John Rolle highlighted this during his address at the Bahamas Business Outlook Conference at the Baha Mar resort yesterday. Rolle [...]

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From Clerk to Managing Director- Bank Leader Gives Tips for Success

During an inspiring women's empowerment forum, Dr. Jacqui Bend, CIBC FirstCaribbean’s Managing Director, shared her remarkable journey from humble beginnings to leading one of the region's prominent banks.

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Best of the Best Championship

Best of the Best Championship, Sunday 3 December Montagu Bay, Nassau, The Bahamas

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Central Bank projects Bahamian economy to sustain growth momentum for remainder of the year

NASSAU, BAHAMAS — The Central Bank is projecting that the Bahamian economy will sustain its growth momentum throughout 2023, largely bolstered by substantial increases in tourism output.  Nevertheless, it is foreseen that the expansion rate will decelerate as various indicators gradually revert to their pre-pandemic levels. The Central Bank's projections were outlined in its August [......

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