Search Result for: bahamas development bank

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How to Move to The Bahamas, Explained

By Joe Pike, Special Contributor to CJI To access this content, subscribe now. Choose from two tailored subscription options: Caribbean Journal Invest for comprehensive investment news or Caribbean Journal Travel Advisor for targeted content for travel agents and advisors. Subscribe […]

The Bahamas Has a New Superyacht Marina

The newest Caribbean super yacht marina is in the heart The Bahamas. The highly-anticipated transformation of the storied Hurricane Hole Marina on Paradise Island is complete. The longtime yacht destination was completely renovated, with new amenities, new technology and a […]

How Crypto Has Been Driving Bahamas Real Estate

Bahamas Urges Caribbean on Data-Fueled Tourism Growth

By Dana Niland CJ Contributor Bahamas Prime Minister Dr Hubert Minnis is urging regional leaders to explore new ways to grow tourism in the Caribbean — with the use of data chief among them. Minnis, the Bahamas’ Prime Minister and […]

A New $250 Million Real Estate Project in The Bahamas

By the Caribbean Journal staff The Bahamas’ surging development pipeline continues to grow, with another major new project set for its tourism hub of Paradise Island. The more than $250 million Hurricane Hole Marina project is the newest by Sterling […]

VIDEO: The Stella Maris Resort on Long Island in The Bahamas

By Guy Britton Long Island is on the edge. The eastern side of this island in The Bahamas plunges to depths of 1,000 feet right offshore; there are striking cliffs that stand up to the sea. The ocean meets the […]

Bahamas Planning Major Modernization of Airports

The Bahamas will work to improve airport infrastructure with a $35 million loan from the Inter-American Development Bank. The loan will enhance connectivity between the four airports– Exuma, North Eleuthera, Marsh Harbour and Treasure Cay–in the Out Islands. The project […]

The Bahamas’ Major Airport Overhaul

The Bahamas has embarked on a major country-wide overhaul of its airports. The first phase of the program involves infrastructural projects geared toward increased capacity at thirteen of the country’s airports. “Over the last four years we have undertook a […]

Bahamas Gets $20 Million IDB Loan for Crime Fighting Efforts

By Dana Niland CJ Contributor The Inter-American Development Bank (IDB) has approved a $20 million loan to aid in reducing crime and violence in The Bahamas. The loan will be particularly targeting at-risk youths and improving the institutional functions of […]

St Maarten Mulls Membership in Caribbean Development Bank

Above: talks between St Maarten and CDB officials By the Caribbean Journal staff St Maarten is considering an application to become a member of the Caribbean Development Bank. A delegation led by CDB President Dr Warren Smith arrived in Philipsburg […]

The Bahamas, Led By Baha Mar, Eyes Tourists From China

Above: the Baha Mar resort project, the largest in the Caribbean By the Caribbean Journal staff It’s perhaps the biggest question about what is the largest resort project in the Caribbean: can the Baha Mar, financed by China’s Export-Import Bank, […]

College of the Bahamas Gets CDB Funding For Transformation Project

Above: the College of the Bahamas By the Caribbean Journal staff The government of the Bahamas will be receiving a $16.18 million loan from the Caribbean Development Bank, the CDB announced this week. The funding will help with an “institutional […]

Political Independence and Economic Development in the Caribbean

By Paul Hay CJ Contributor In 2003, Alvin G. Wint – former head of the Department of Management Studies at the University of West Indies, Mona Campus – noted in his book, “Competitiveness in Small Developing Economies: Insights from the […]

Bahamas Opens New Nassau Airport Gateway, With Help From China

Above: the new airport gateway (BIS Photo) By the Caribbean Journal staff The Bahamas has officially opened the new dual-lane gateway to Lynden Pindling International Airport in Nassau. The project includes a four-lane carriageway, the construction of nine new roundabouts […]

Bahamas to Host Caribbean Economic Policy Forum

Above: the Atlantis Resort By the Caribbean Journal staff The second annual Caribbean Economic Policy Forum will be hosted at the Atlantis Resort on Paradise Island in the Bahamas next week. The conference, which takes place Sept. 19-20, is being […]

Construction at Bahamas’ Baha Mar Resort Project Reaches Midpoint

Above: a rendering of the Baha Mar project (CJ Photo) By Alexander Britell The Baha Mar resort project, the largest in the Caribbean, has reached its construction midpoint. The $3.5 billion development on New Providence’s Cable Beach has completed the […]

Baha Mar Resort Project Moving Forward in the Bahamas

Above: construction at Baha Mar in the Bahamas (All photos by CJ) By Alexander Britell NASSAU —The Baha Mar resort project, the largest in the Caribbean, is moving forward with construction toward a planned December 2014 completion date. The […]

Bahamas Receives $65M Loan to Complete New Providence Road Works Project

Above: work on Prince Charles Drive in Nassau last year (FP) By the Caribbean Journal staff The Bahamas will be receiving a supplemental loan of as much as $65 million for its large-scale road network project in New Providence following […]

Bahamas Gets $24 Million in IDB Loans for Foreign Trade, Poverty Reduction

Above: Nassau, Bahamas (CJ Photo) By the Caribbean Journal staff The Bahamas will be receiving a pair of loans totaling $24 million from the Inter-American Development bank. The funding will include a $16.5 million credit to support international trade, while […]

The Bahamas is “Open for Business”

Above: downtown Nassau (CJ Photo) By the Caribbean Journal staff The new Bahamian government is making its financial services industry a priority, according to new Financial Services Minister Ryan Pinder. “The Bahamas is open for business,” Pinder said Wednesday during […]

Op-Ed: How to Fix the Bahamas’ Economy

By Mark Turnquest Op-Ed Contributor After analyzing The Bahamas’ economic conditions for the past three years and reviewing international watchdog agencies’ (Moody’s, IFC/World Bank, Standard & Poor’s) reports, it is imperative that the public and private sectors focus on small […]

Op-Ed: The Bahamas Election Looms

By Ian Strachan Op-Ed Contributor The Bahamas braces itself for the eighth election in its 39-year history. It promises to be just as close as its last, in which less than 4,000 votes separated the two major parties. So far […]

Bahamas Moves Forward on Gun Point Base, Planning More Security Outposts

Above: Gun Point Island By the Caribbean Journal staff The Bahamas’ new Gun Point base, which is currently under development, should be operational this year, according to National Security Minister Tommy Turnquest. The base, which will be located on Ragged […]

Inter-American Development Bank’s Caribbean Governors Meet in Suriname

Above: Paramaribo (Photo: IDB) By the Caribbean Journal staff The Caribbean governors of the Inter-American Development Bank met in Suriname Monday to discuss development challenges and opportunities in the region. It was the first annual meeting of the Governors of […]

Japan to Help Bahamas on Fiscal Policy

Above: State Minister Zhivargo Laing, IDB representative Astrid Wynter. From left, Honorary Consul-General of Japan Robert Sands and Ambassador Hiroshi Yamaguchi. (BIS Photo/Kristaan Ingraham) By the Caribbean Journal staff The Bahamas and Japan have signed a $612,000 technical cooperation agreement […]

IDB Loans Bahamas $50 Million for Air Transport Reform

Above: the new departures terminal at Lynden Pindling International Airport in Nassau By the Caribbean Journal staff The Inter-American Development Bank has approved a $50 million loan to the Bahamas to support an air transport reform programme. “The Bahamian economy […]

Op-Ed: Mark Turnquest on Why the Bahamas Needs a Ministry of Commerce

Above: downtown Nassau (CJ Photo) By Mark A Turnquest Op-Ed Contributor MISSION OF THE MINISTRY OF COMMERCE My advice to the Bahamas’ Free National Movement government is to create a Ministry of Commerce without incurring any costs or expenses. Simply […]

Op-Ed: Developing the Right Small Business Act for the Bahamas

Above: Bay Street in Nassau (CJ Photo) By Mark A Turnquest Op-Ed Contributor After my organization hosted the country’s first Small Business Summit in 2009, it was evident that the Bahamas needed a national strategic plan for the development of […]

Paul McCartney Honeymooned Here. Now, a Legendary Bahamas Hotel Is Being Reborn