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Opposition reiterrates concerns over The Bahamas' fiscal trajectory and growth prospects
January 15, 2024
Opposition reiterrates concerns over The Bahamas' fiscal trajectory and growth prospects
NASSAU, BAHAMAS — The Opposition is again expressing concerns about the Bahamian economy's fiscal trajectory and growth prospects, as the World Bank recently reduced the country's economic growth forecast for 2024 to 1.8 percent. East Grand Bahama MP and Opposition Shadow Finance Minister Kwasi Thompson, in a statement, questioned what the downgrade in the [...]
December 07, 2023
PM calls for a paradigm shift in Bahamas tourism industry
Today, at the Bahamas Hotel & Tourism Association’s Annual General Meeting, the Hon. Philip Davis KC MP, Prime Minister of The Commonwealth of The Bahamas, shared his transformative vision for the nation’s tourism industry, calling for a fundamental paradigm shift.
PM Davis says for The Bahamas, when it comes to climate change issues "time is a luxury we do not have"
December 04, 2023
PM Davis says for The Bahamas, when it comes to climate change issues "time is a luxury we do not have"
Prime Minister and Minister of Finance the Hon. Philip Davis pointed out, during his National Statement at the United Nations Framework Convention on Climate Change (UNFCCC) Conference of the Parties (COP 28), on December 2, 2023, that “thankfully, mercifully,” the record-high temperatures experienced earlier in 2023 in The Bahamas, did not translate into a catastrophic hurricane season in The...
December 04, 2023
Prime Minister Davis’s National Statement at UNFCCC COP 28
I first wish to offer my thanks to the President and people of the United Arab Emirates for the warm welcome and gracious hospitality you have bestowed on us.
Bahamasair Introduces New Flight Service between Fort Lauderdale, Florida and Georgetown, Exuma
November 22, 2023
Bahamasair Introduces New Flight Service between Fort Lauderdale, Florida and Georgetown, Exuma
Bahamasair celebrated a significant milestone on Wednesday November15, 2023, with the launch of its new direct service between Fort Lauderdale, Florida, andGeorgetown, Exuma. The new route enhances accessibility and convenience for Bahamian residents and travelers seeking direct access to the Exuma Islands.
November 09, 2023
Economic Affairs Minister says its difficult for government to impact consumer prices
NASSAU, BAHAMAS — Economic Affairs Minister Michael Halkitis said yesterday that in the absence of the total expansion of price control, it is difficult for the government to impact consumer prices. Halkitis acknowledged that the high cost of goods is a vexing issue, with the government having undertaken several initiatives to address the situation. "That's a [...]
November 06, 2023
Tackling Breast Cancer Head-on, Cleveland Clinic Doctor Answers Tough Questions on Breast Cancer and Treatment Options Available Today
Breast cancer is no stranger to women. Whether you’ve lost someone to it, or supported a loved on their healing journey, women worldwide are too familiar with the disease.
November 01, 2023
Bahamas Visitor Arrivals Now at Pre-Pandemic (2019) Levels
In the first three quarters of 2023, The Bahamas welcomed more than7.2 million visitors, equalling in nine months the total number of arrivals for all of 2019, putting the country squarely on target to welcome more than 8 million visitors this year.
'A strong recovery'
September 21, 2023
'A strong recovery'
S&P predicts ongoing economic growth momentum Decline in fiscal deficit expected to continue Debt projected to fall to about 73.4 percent of GDP
September 07, 2023
Five habits that you need to change as soon as possible
When I started my career, I worked in the hospitality and tourism industry. Like any responsible organization, it was standard practice to watch our numbers very closely. In fact, my team would have a morning meeting to update us on the daily forecasts and yesterday's actual performance numbers (e.g. Memberships, arrivals, departures, stayovers, customer satisfaction), in comparison to every other...
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