Bahamas

In-depth country-focused analysis on the Bahamas' economic, political and operational risk environment, complemented by detailed sector insight

Bahamas

Our comprehensive assessment of the Bahamas' operating environment and the outlook for its leading sectors are formed by bringing together a wealth of data on global markets that affect the Bahamas, as well as the latest industry developments that could impact the Bahamas' industries. This unique integrated approach has given us an impeccable track-record for predicting important shifts in the markets, ensuring you’re aware of the latest market opportunities and risks in the Bahamas before your competitors.

Bahamas Industry Coverage (4)

Food & Drink

Bahamas Food & Drink

BMI View:

BMI View: We are turning more positive regarding economic growth in the Caribbean, as structural and financial reforms take hold in the region, tourism numbers pick up and growth becomes stronger in key markets like the US. The large decline in the price of oil over the last nine months will boost the region's consumer spending, as the Caribbean is a large net oil importer. Inflation will remain low, which will help food consumption growth over the coming years. That said, many regional economies continue to be heavily indebted, which limits general investment. We believe that general food...

To read the full article Register for Free or Login

Insurance

Bahamas Insurance

BMI View:

BMI View: Currency weakness will suppress dollar terms growth rates across much of the region through 2015, with structural performance more positive. Offshore business in the Cayman Islands and Barbados dwarfs the region's domestic markets which are largely underdeveloped, particularly in most life sectors and in the Dominican Republic. Health insurance is set to be the main growth area across the region over the next five years.

The insurance markets of the Caribbean, particularly offshore business in Barbados and the Cayman Islands, but also domestic sectors, are heavily tied to the economic fortunes of the United States and, to a lesser extent, Canada. The ongoing recovery in both major North American markets should boost the fortunes of the region's insurers,...

To read the full article Register for Free or Login

Telecommunications

Bahamas Telecommunications

BMI View:

BMI View: The announcement of the IPO by pan-Caribbean operator Digicel bodes well for the future of the region, with additional funds raised for investment in next-generation networks, converged services and further market expansion. However, it also demonstrates the saturated nature of the telecoms industry in the Caribbean, with revenue and subscriber growth flattening. A key downside risk is the company's exposure to weak consumer spending trends in its core markets, an issue that could undermine investor confidence further down the line. Haiti and Cuba represent the largest organic growth opportunities in the region, as both are significantly underdeveloped compared to their peers. However, the risks associated with business in these two markets mean that a mobile subscription boom is far from likely.

...

To read the full article Register for Free or Login

Tourism

Bahamas Tourism

BMI View:

BMI View: The ongoing economic uptick in the US will translate into rising departures to the Caribbean in 2015, with St Lucia, St Eustatius, the Cayman Islands and Cuba set to perform particularly well. We see particular opportunities in Cuba, with the US-Cuba diplomatic rapprochement boosting prospects for a relaxation of the bilateral tourist regime.

We forecast mixed fortunes for the Caribbean in 2015, with most islands seeing growth in tourist arrivals but a few registering declines. The latter include Barbados (0.6%), Bonaire (6.1%), the Dominican Republic (1.5%) and St Vincent (1.6%). We believe that these declines reflect the drop of 1.2% in arrivals from Europe in 2015, with these economies usually registering strong arrivals from Europe. However, overall the Caribbean will see a net increase in tourist arrivals in 2015, as improving consumer confidence in the US leads more US tourists to visit the region,...

To read the full article Register for Free or Login

Latest Bahamas Articles

  • China's equity crash is far from over, and is likely to expose the weak und...

  • Three major global events have occurred more or less simultaneously in July...

  • We analyse presidential, legislative and regional elections that have taken...

Latest Bahamas Blogs

Latest Bahamas Podcasts

  • Chronic underinvestment in Venezuela's oil sector and mounting economi...