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The Bahamas Economy News. Service for global professionals. Constantly updated news and information about The Bahamas.
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Latest The Bahamas Economy News

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  • Embattled Gibraltar owner offers reasons for company's problems 11 Nov 2009 17:10 GMT
    ... to be in place here in The Bahamas prior to completion and the reopening of ... said. "However, the financial downturn in the economy was beyond our control." After being interviewed by ...

  • Kemp returned as BBF president 11 Nov 2009 17:15 GMT
    ... The Bahamas Baseball Federation (BBF) held its Annual General ... to do its part to assist the economy of Grand Bahama with the hosting of its ...

  • Government's temporary jobs plan met with mixed reaction 10 Nov 2009 17:50 GMT
    ... is $210 per week. President of The Bahamas Chamber of Commerce Khaalis Rolle told The ... in May, 26,000 Bahamians were counted as unemployed and discouraged workers were counted at nearly ... would have a huge impact on the economy. "I think it's more social in nature," ...

  • Ultrapetrol Announces Third Quarter 2009 Financial Results 10 Nov 2009 21:30 GMT
    ... NASSAU, Bahamas, Nov. 10, 2009 (GLOBE NEWSWIRE) -- Ultrapetrol ... million charge is related to the 4-year employment contract, representing approximately 3% of the earnings ...

  • Christie is the right man for the job 10 Nov 2009 17:11 GMT
    ... not a unique one. All over The Bahamas, the story was the same: Will someone ... most. Virtually no one believes the government's unemployment figure of 17.3 percent for Grand Bahama; ... by ineffective policies. Education, crime and the economy have never been worse in living memory. ...

  • BPSU threatens industrial action 10 Nov 2009 17:50 GMT
    ... nassau – Bahamas Public Service Union (BPSU) President John Pinder ... unions as well as fund a temporary unemployment scheme. The bill will be introduced on ...

  • Ultrapetrol Announces Third Quarter 2009 Financial Results (GNW) 10 Nov 2009 21:30 GMT
    ... million charge is related to the 4-year employment contract, representing approximately 3% of the earnings ... (loss) 29,357 65,423 ----------- ----------- Total Ultrapetrol (Bahamas) Limited stockholders equity 333,505 371,889 Non-controlling interests ...

  • Investors unmoved by drug breakthrough 10 Nov 2009 13:33 GMT
    ... go to the same seminars in the Bahamas so it's easy to spread the word. ... Until the yuan is floated or Zimbabwe's economy miraculously improves, gold is the only legit ... Despite the talk of "record" gold, in inflation-adjusted terms the metal is trading well under ...

  • Escape for the holidays 10 Nov 2009 14:10 GMT
    ... or convention destinations decimated by the bad economy. It will cost 16 percent less on average ... listed Christmas week cruises bound for the Bahamas or Baja California that start at about ...

  • Larsen wins 23rd Conchman title 10 Nov 2009 16:54 GMT
    ... it is a boost to the local economy. "Every year with have return and new competitors, ... not only from other islands in The Bahamas, but from the U.S. and the Caribbean." ...

  • Bahamas premier announces plan for temporary job creation 9 Nov 2009 13:14 GMT
    ... 2009 (BBC Monitoring via COMTEX) -- NASSAU, Bahamas, CMC - As his government seeks ways ... of the global downturn on the Bahamian economy, Prime Minister Hubert Ingraham has announced a ... "We hope to accommodate some of the unemployed persons in our community who have skills ...

  • Billionaires' net worth equals small countries' GDP 6 Nov 2009 09:11 GMT
    ... billion U.S. dollars) is greater than the GDP of Costa Rica (48.3 billion U.S. dollars). Warren Buffett's ... net worth equals the GDP of the Bahamas (9 billion U.S. dollars). John Paulson's net ...

  • The Bahamas cannot afford illegal immigrants 6 Nov 2009 17:52 GMT
    ... into the country over the years, The Bahamas was in desperate need of an effective ... or technical expertise are required in the economy, but not available in the country are being ...

  • New air service puts Bahamas' Out Islands within reach 9 Nov 2009 15:31 GMT
    ... : The Bahamas Ministry of Tourism, www.bahamas.com. , 242-367-2158, www.abacobeachresort.com. ... up about five years ago. Despite the economy, new resorts have been cropping up, particularly in ...

  • Far out but not far away: New scheduled air service puts the Bahamas' Out Islands within reach 8 Nov 2009 06:32 GMT
    ... : The Bahamas Ministry of Tourism, www.bahamas.com. , 242-367-2158, www.abacobeachresort.com. ... up about five years ago. Despite the economy, new resorts have been cropping up, particularly in ...


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