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Central Bank releases March report – PDF

Indications are that the Bahamian economy’s positive, but mild growth momentum was sustained during March, according to the latest Central Bank of The Bahamas Monthly Economic and Financial Developments report. Download a PDF of the report here. 

Central Bank of The Bahamas
Monday, May 11, 2015
Monday, May 11, 2015

Mild growth momentum was sustained during the review month, amid stable gains in tourism output and foreign investment related construction activity. Some firming in fuel costs was noted, although, on average, energy prices remained below their prior year’s levels. On the monetary front, the modest expansion in both bank liquidity and external reserves was associated with net receipts from the real sector.

Source: Central Bank of The Bahamas.

This is an excerpt from Central Bank of The Bahamas as it appeared on May 11, 2015. For updates or to read the current version of this post in its entirety, please click here.

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The One&Only Ocean Club, Paradise Island, in The Bahamas, was named Single Asset Transaction of the Year 2014 at the Hotel Deal of the Year Awards presented at the Caribbean Hotel & Resort Investment Summit.

Balearia, which operates the connecting Fort Lauderdale and Freeport on Grand Bahama, has requested a license to operate between the US and Cuba. The shipping company is awaiting an official response from the US government, and the subsequent authorization from the Cuban government.

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