LOM House opens in Bahamas
Royal Gazette

LOM Financial Ltd has bought a building to host its Bahamas office. And Scott Lines, the companys chairman and chief executive officer, believes that smaller boutique financial-services firms like LOM can gain market...

New ‘LOM House’ Opens In Bahamas
Bernews

Directors of LOM Financial Ltd. recently travelled to Nassau to open the new LOM House in Bahamas, with the purchase of the new LOM Bahamas office marked with a traditional Bermuda roof wetting. The company has...

Shed the parasites!
Jamaica Observer

The high expectations of the crowd of more than 1,000 people who crammed the top and bottom rows of the Jamaica Conference Centre's largest gathering room to hear Les Brown were satisfied on Saturday, November 4. People...

Butterfield to acquire Deutsche Bank’s GTS business
Trinidad Guardian

HAMILTON, Bermuda – Bermuda-based Butterfield Bank has announced it is to acquire Deutsche Bank’s Global Trust Solutions (GTS) business, excluding its operations in the United States. Terms of the agreement...

Butterfield to acquire Deutsche Bank’s GTS business
Trinidad Guardian

HAMILTON, Bermuda – Bermuda-based Butterfield Bank has announced it is to acquire Deutsche Bank’s Global Trust Solutions (GTS) business, excluding its operations in the United States. Terms of the agreement...

Steven Napier Joins EY Bermuda TAS Practice
Bernews

EY Bermuda Ltd. announced that Steven Napier has joined its Transaction Advisory Services [TAS] practice as an executive director in the Hamilton, Bermuda office. In this role, he will oversee valuation and business...

SOTIC opens against the backdrop of devastation caused by hurricanes
Trinidad Guardian

Chairman of the Barbados-based Caribbean Tourism Organisation (CTO), Dionisio D’Aguilar, who is also the Bahamas Tourism and Aviation Minister, told the opening ceremony of the annual State of Tourism Industry...

EY Named 2017 Accounting Firm Of The Year
Bernews

EY was recently honored as “Accounting Firm of the Year” at the Reactions North America Awards. David Brown, Senior Partner of EY Bermuda Ltd. and Regional Insurance Leader for Bermuda, Bahamas, the Cayman...

BTC launches national text-to-donate campaign
Nassau Guardian

Bahamas Telecommunications Company (BTC) will launch a national text-to-donate campaign drive, allowing all Bahamians to participate in fundraising efforts to assist those most affected by Hurricane Irma. The campaign,...

Moree: Need to rationalize current tax regime before new tax
Nassau Guardian

Senior Partner at McKinney Bancroft & Hughes Brian Moree indicated that there is still a lot of work to be done with The Bahamas’ current tax regime before considering a new tax such as an income tax....

IMF recommends lower wage bill, self-sustaining public corporations
Nassau Guardian

The International Monetary Fund (IMF) Executive Board, in its consultation with The Bahamas, recommended the country, as a top priority, restore fiscal sustainability by cutting current expenditures. The government's wage...

Building code one of the most ‘structurally sound and robust’ in region, says Sands
Nassau Guardian

President of the Bahamian Contractors’ Association (BCA) Leonard Sands asserted that The Bahamas’ building code is one of the most “structurally sound and robust” codes in the Caribbean. His comments...

IMF projects 1.75% growth in 2017, 2.5% in 2018
Nassau Guardian

The Executive Board of the International Monetary Fund (IMF) projected in its Article IV consultation with The Bahamas that this country's real GDP (gross domestic product) growth will pick up to 1.75 percent in 2017 and...

Marquis Who’s Who names Michael Dingman Lifetime Achievement Award winner
Nassau Guardian

Marquis Who’s Who, the premier authority on who makes a difference in the worlds of politics, law, science, art, business and community, has bestowed its highest honor on visionary entrepreneur Michael D. Dingman,...

The art before the storm
Nassau Guardian

Visual artist Allan Wallace has been gaining renown since he began using Morton Salt to create hyper-realistic art pieces. In some cases Wallace also uses other seasonings, spices and miscellaneous items. He recently took...

Bahamas is back to business after Hurricane Irma
Nassau Guardian

The Bahamas is back to business as tourism resumes after mainly cosmetic clean-up in our major tourism centers, while efforts to rebuild in those islands of The Bahamas that were hardest hit continue. As of Tuesday, Sept....

IDB president offers support to Bahamas following Hurricane Irma
Nassau Guardian

Inter-American Development Bank (IDB) President Luis Alberto Moreno has offered support to The Bahamas after the recent passage of Hurricane Irma. The IDB has pledged emergency grant funds of up to $200,000 to assist with...

Ingraham:  Ecotourism the business model for Eleuthera
Nassau Guardian

There are opportunities for unique small businesses on Eleuthera centered around ecotourism, One Eleuthera Foundations’s Co-Founder and CEO Shaun Ingraham suggested yesterday, with more and more visitors going to the...

Bahamas Ferries expanding its fleet, exploring new routes
Nassau Guardian

Bahamas Ferries is expanding its fleet of seven vessels with a new roll-on/roll-off ship that could help the company expand its routes and improve existing ones, its chief financial officer, Stephen Thompson, said...

Bimini resort could reopen end of month
Nassau Guardian

Resorts World Bimini is eyeing a reopening date of September 27. In the interim, damage assessments and cleanup efforts are ongoing. Speaking to reporters yesterday, President of Resorts World Bimini Patricia Lawrence...

IMF: Commercial banks capitalized, still reluctant to lend
Nassau Guardian

Commercial banks in The Bahamas are “reluctant” to lend, given The Bahamas’ low growth environment, despite those banks being well capitalized, the International Monetary Fund (IMF) pointed out Wednesday....

Cooper satisfied with PM’s plans for Ragged Island
Nassau Guardian

Exumas and Ragged Island MP Chester Cooper is encouraged by Prime Minister Dr. Hubert Minnis’ pronouncement that the government will rebuild Ragged Island and will not force residents of the island to leave their...

DPM: No plan for income tax
Nassau Guardian

Minister of Finance and Deputy Prime Minister Peter Turnquest said yesterday the government is not on track to introduce any new progressive tax structures after the International Monetary Fund (IMF) suggested in a...

Govt to renegotiate hurricane insurance scheme
Nassau Guardian

The Bahamas government is in talks with the CCRIF SPC (formerly the Caribbean Catastrophe Risk Insurance Facility) to split The Bahamas into three regions in order to get the most out of the country’s tropical...

Resolve purchases BOB loans, begins bad loan removal process
Nassau Guardian

At the end of August the special purpose vehicle (SPV) Bahamas Resolve Limited purchased loans from Bank of The Bahamas (BOB) Limited as it began the action of removing toxic loans from the bank’s books. In a notice...

Exigency order put in place by govt for 180 days
Nassau Guardian

The government issued an exigency order yesterday on a number if items such as building materials and generators for residents across The Bahamas who were impacted by Hurricane Irma, effective September 11, 2017. The...

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