Preliminary economic indicators suggest that the modest growth in the Bahamian economy persisted during November, supported by gains in tourism sector output, while foreign investment projects continued to provide the impetus for construction sector activity, according to the latest economic report produced by The Central Bank of The Bahamas.

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The Central Bank of The Bahamas (“the Central Bank”) is pleased to release for a 60 day consultation period, a discussion paper on Implementing Basel III: Liquidity Coverage Ratio (LCR) and Net Stable Funding Ratio (NSFR) in The Bahamas. The consultation period will run from 27th December, 2018 to 28th February, 2019.

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This is an excerpt from Central Bank of The Bahamas as it appeared on January 4, 2019. For updates or to read the current version of this post in its entirety, please click here.

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In an effort to enhance the financial services sector, the government of The Bahamas announced today that it is developing a new framework aimed at strengthening industry regulations and protecting revenues to the Public Treasury.

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The Bahamas’ success as a leader in regional tourism and the new eco-resort at Port St George dominate the news at the start of the year in The Bahamas.
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Etienne Dupuch Jr Publications Ltd is pleased to announce the release of the Spring & Summer 2019 issue of The Bahamas Investor magazine.

This issue delves into the ever-evolving Fintech sector and looks at how the Bahamian financial services industry is embracing the digital age with features on US firm GIBC Digital, which recently established an office in Grand Bahama, and the latest from the Fintech Working Group of the Bahamas Financial Services Board (BFSB).

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NASSAU, Bahamas (MOTA) – The Islands Of The Bahamas continue to dominate tourism in the Caribbean according to the Caribbean Journal. The world’s largest website covering Caribbean travel and tourism bestowed two key awards on The Bahamas in its Caribbean Travel Awards 2018: Best Caribbean Destination and Best Caribbean Tourism Minister.

Editor and Publisher Alexander Britell said, “The region’s tourism offering has never been more diverse or more energetic. It’s a message to the world that the Caribbean isn’t just back — it’s better than ever.”

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“The Central Bank of The Bahamas (hereinafter referred to as the “Bank”) has today released a Guidance Note on the Administrative Monetary Penalties for Anti Money-Laundering and Countering the Financing of Terrorism Regime as well as the schedule of breaches.

The Bank hereby notifies its supervised financial institutions of the Bank’s adoption of an administrative monetary penalties (AMP) system, in accordance with provisions under the Financial Transactions Reporting Act, 2018 (hereinafter referred to as the “FTRA”).

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“Driving Growth Through Private Investment” was the focus of the Caribbean Export Development Agency’s (Caribbean Export) 2nd Caribbean Angel Investor Forum held at the Hyatt Regency, Port of Spain, Trinidad and Tobago last month.

The Forum which was held November 29-30, gathered a distinguished group of prominent policy makers, entrepreneurs, private and angel investors.

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PRINCETON, NJ–(BUSINESS WIRE)–Studio Hillier, the Princeton architectural firm of J. Robert and Barbara Hillier, has been selected by StarPort Resorts, Inc. to design Port St. George, The Bahamas’ newest eco-engineered luxury resort on Long Island. The Hilliers have been honored with over 350 design awards.

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