Speech from the Throne
Governor-General Sir Cornelius A Smith read the Speech from the Throne on Wednesday, October 6, 2021 at Baha Mar’s Convention Centre.
Amidst rating downgrade, Bahamas set to grow by 8% in 2021
Assuming continued recovery in 2022, driven mainly by increased vaccinations and greater comfort with international travel, we expect The Bahamas to have another year of very high economic growth rates.
WTO Members Endorse Package to Support Micro, Small and Medium-sized Enterprises
Members of the World Trade Organization’s Informal Working Group on micro, small and medium-sized enterprises (WTO IWG on MSMEs) have released a package of Recommendations and Declarations to support MSMEs to strengthen their engagement in international trade.
Foreign Trade Statistics Quarterly Report 2019 4th Quarter
The Department of Statistics recently released the Foreign Trade Statistics Quarterly Report for the Fourth Quarter 2019. The report contains tables that provide data on the value and volume of Trade between The Bahamas and the rest of the world.
Some Yachting Business Returning
According to Maury, business from mid-sized to smaller vessels trickle into communities, as those often call for their passengers to rent hotel rooms and vacation homes when they arrive at their island destinations. He said the return of that business will be a good sign for the industry.
