Minister of Tourism, Mr. Vanderpool Wallace has indicated that the Bahamas has the potential of becoming a prominent competitor in the medical tourism market. There is an opportunity to provide health care services at cost competitive with the US, as the Bahamas would be in a position to cater to a segment of Americans that travel abroad as far as Asia annually for medical and dental treatment. According to statistics given in 2005, approximately some 500,000 Americans travel abroad for treatment.
Baha Mar executives state that they are in the process of concluding an agreement.
The Bahamas is currently the fourth largest CARICOM exporter to Canada.
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.