The Bahamas is currently the fourth largest CARICOM exporter to Canada, approximately a value $21.1 million worth of goods in 2006 was exported to Canada. According to the Minister of State for Finance, Mr. Zhirvargo Laing, currently Canadian companies holding conventions worldwide are not able to benefit from a tax perspective. The Government is in negotiations with Canada regarding the proposition similar to the established Tax Information Exchange Agreement (TIEA) between the Bahamas and the US.
Baha Mar executives state that they are in the process of concluding an agreement.
The Bahamas has the potential of becoming a prominent competitor in the medical tourism market.
The Bahamas will need to further consider restructuring its Financial Services model due the intensified pressure by the G-20 countries for jurisdicti...
The International Monetary Fund (IMF) is revising its estimate of 4% GDP growth for the Bahamas in 2008, as a result of lowered expectations due to a ...
Prime Minister, Mr. Hubert Ingraham in his address in the House of Assembly on the government's 2008-2009 Budget expressed that the government could n...
The Bahamas to maximize its potential in the global economy reformation must occur in various areas of the economy.