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Communications sector revenues dipped below $400m for the first time in five years during 2018, with both fixed-line voice and pay TV subscribers falling year-over-year.
The collective value of BISX-listed equities fell by 4.82 percent during the nine months to end-September 2018, producing a similar decline to that witnessed on major global stock markets.
The collective value of BISX-listed equities fell by 4.82 percent during the nine months to end-September 2018, producing a similar decline to that witnessed on major global stock markets.The Bahamas International Securities Exchange’s (BISX) All-Sha
Commonwealth Bank will tomorrow pay a two cents per share extraordinary dividend to shareholders of record at February 18, taking 2018’s total investor pay-out to more than $35m.
The Nassau Container Port’s 2019 first quarter profits beat target by nine percent despite projections that full-year net income will be down by more than $1m compared to the prior year.Arawak Port Development Company (APD), the port’s BISX-listed op
SECURITIES and mutual funds listed on the Bahamas International Securities Exchange (BISX) had a $9.4 billion collective value at mid-2018, even though domestic stock prices were down 4.46 percent for the half-year.
THE Bahamas will become ever-more reliant on tourism to the point where it generates almost 60 per cent of GDP within a decade, a global industry body has forecast.The World Travel and Tourism Council (WTTC), in its annual assessment of the sector’s
The market value of all BISX-listed securities rose by nearly $50m during 2018, with a strong fourth quarter enabling the exchange’s All-Share Index to close the year up 2.2 percent.
FOLLOWING “record-breaking” results in 2018 of 6.6 million visitor arrivals to The Bahamas, Tourism Minister Dionisio D’Aguilar reported that tourism numbers are up by 16.9 percent and that the trend is projected to continue throughout 2019.
The Bahamas’ Chartered Financial Analyst (CFA) Society has received the global network’s 2018 Excellence Award for its initiative to build market integrity.It received the CFA Institute’s 2018 Society Excellence Award on May 10, 2018, at its global l
The Bahamas’ national debt finished 2018 at $8.22bn, having increased by $335.3m last year, although GDP growth meant it fell slightly in proportion to the size of the economy.
The government lowered its direct contribution to the national debt by $26.4m during the 2018-2019 fiscal year’s third quarter, its just-released “fiscal snapshot” reveals.
All performance indicators for major Nassau/Paradise Island hotels increased by double digit amounts every month in the 2019 first quarter, with room revenues ending the period up 37 percent.
Moody’s is urging further “restraint” in public spending while predicting that the government will miss the 1.8 percent deficit target set by the Fiscal Responsibility Act for 2018-2019.
FOUR cashiers at a local automotive services company in New Providence were arraigned in a Magistrate’s Court on Friday charged with collectively stealing more than $400,000 from their employer over a two-year period.
Travel advisories are issued by sovereign governments to advise their citizens of danger or potential danger when visiting a particular city, area or country – they are not flippantly issued.
Nassau’s airport already appears on course to beat the 11 percent increase in passenger traffic it enjoyed last year given that early 2019 volumes are up by “double digit” percentages.
DRUG seizures conducted as part of collaborative efforts to combat trafficking in The Bahamas and Turks and Caicos have already outpaced those of 2018.
DRUG seizures conducted as part of collaborative efforts to combat trafficking in The Bahamas and the Turks and Caicos have already outpaced those of 2018.
The government’s fiscal deficit was more than $100m below the full-year 2017-2018 target with just one month to go, the Central Bank of The Bahamas revealed yesterday.The regulator’s June economic developments report disclosed that the deficit for th