CFA rolls out new campaign
Jamaica Observer

CFA Societies in The Bahamas, Barbados, Bermuda, Cayman Islands, Jamaica, and Trinidad and Tobago have joined forces to encourage investment professionals across the region to place clients' interest above their own. The...

BOJ Currency Rates
Jamaica Gleaner

BOJ Currency RatesBank of Jamaica foreign exchange rates for Thursday, June 7, 2018CURRENCY BUY SELLARGENTINE PESO 5.12466 5.19980ARUBAn GUILDER 71.31587 72.36145AUSTRALIAN DOLLAR 97.87978 99.31483BAHAMIAN DOLLAR...

Bahamas increasing VAT to 12% by July 1
Jamaica Observer

NASSAU, Bahamas (CMC) — The Government of The Bahamas will be increasing Value Added Tax (VAT) by 12 per cent as of July 1.This was revealed in the Government's 2018/2019 Budget Communication implementing the Policy...

T&T stays on EU blacklist
Trinidad Guardian

BRUSSELS—The Council of the European Union (EU) has announced the removal of The Bahamas and St Kitts Nevis from the EU’s list of non-co-operative tax jurisdictions. However, T&T remains on the list along...

EU takes Bahamas, St Kitts off tax haven list
Jamaica Observer

BRUSSELS, Belgium (AFP) — The European Union (EU) on Friday removed the Caribbean nations of The Bahamas and Saint Kitts and Nevis from a blacklist of tax havens, bringing the number of jurisdictions to seven. The...

T&T still on tax haven blacklist
Trinidad Guardian

BRUSSELS—Two Caribbean Community (Caricom) countries are likely to be removed from the European Union list of tax havens next week, when European finance ministers meet here. The Bahamas and St Kitts-Nevis had in the...

Craig Barley Joins Butterfield Bahamas
Bernews

Craig Barley [pictured] has joined Butterfield Trust [Bahamas] Limited as Managing Director, where he will have overall responsibility for the management and development of Butterfield’s Bahamas-based trust business,...

Chinapoo joins Massy Holdings
Trinidad Guardian

Ian Chinapoo, who is stepping down as Executive Director of the Unit Trust Corporation (UTC) at the end of May, is joining Massy Holdings Limited as Group Chief Financial Office. A notice published in the T&T Stock...

Bahamas looking to Jamaica, Belize for greater EPA ties
Jamaica Observer

NASSAU, Bahamas (CMC) — A senior Bahamian private sector official says he hopes local companies will together with their counterparts from Jamaica and Belize, be more aware of the opportunities offered by the...

EU lists The Bahamas, St Kitts-Nevis as tax havens
Jamaica Observer

BRUSSELS, Belgium (CMC) — The European Union (EU) Tuesday named The Bahamas as a tax haven, with the Hubert Minnis Government saying that it had done so “without discussion”.

Bahamas to be blacklisted as tax haven
Jamaica Gleaner

The minority opposition Democratic National Alliance, Arinthia Komolafe, on Monday accused the European Union of shifting the goalpost and urged the Bahamas government to develop a financial services growth action plan,...

US-based company defends multi-billion-dollar investment in Bahamas
Jamaica Observer

NASSAU, Bahamas (CMC) — President of the US-based Oban Energies, Satpal Dhunna, is defending the heads of agreement signed with The Bahamas Government for the construction of a US$5.5-billion oil refinery and storage...

Link-Caribbean invests in new app
Trinidad Guardian

A new mobile application called Findrpro has received US$5,000 investment via the LINK-Caribbean programme’s 5-5-5 pitch competition. In the recently held Bahamas edition of the competition, sister co-founders Yamel...

Cable Bahamas mobile build-out stalls profits
Jamaica Gleaner

Telecoms company Cable Bahamas Limited posted a net loss of Bah$15 million for its first quarter ended September, quadrupling the bleed reported in the comparative period in 2016.Head of finance, Kino Williamson, said the...

Caribbean IDB Governors to meet in Jamaica
Trinidad Guardian

KINGSTON – Caribbean governors of the Washington-based Inter-American Development Bank (IDB) will meet in Jamaica later this month with a focus on helping the Caribbean embrace strategically, the reality of the...

Caribbean IDB Governors to meet in Jamaica
Trinidad Guardian

KINGSTON – Caribbean governors of the Washington-based Inter-American Development Bank (IDB) will meet in Jamaica later this month with a focus on helping the Caribbean embrace strategically, the reality of the...

Dan Theoc joins Mayberry as senior VP
Jamaica Observer

Dan Theoc, former general manager of the Jamaica Public Service (JPS) Company Limited's subsidiary, South Jamaica Power Company, has joined the staff of Mayberry Investments Limited (MIL).Theoc, a Bahamian, has been named...

Bahamas PM points to economic growth since taking office
Jamaica Observer

NASSAU, Bahamas – Prime Minister Dr Hubert Minnis says the country's economy is steadly improving due to a dramatic reform agenda that was implemented during the first seven months of his administration.Addressing...

GK takes Western Union to The Bahamas
Jamaica Gleaner

GK takes WesternUnion to The BahamasWestern Union agent GraceKennedy Money Services (GKMS) has expanded the money-transfer service to The Bahamas, starting at a single location on December 30, both companies have...

Western Union, GraceKennedy enter The Bahamas
Jamaica Gleaner

The Western Union Company and GraceKennedy Money Services (GKMS), a subsidiary of GraceKennedy Limited and authorized Western Union agent, have announced their expansion into the Bahamas. The expansion increases...

Western Union, GraceKennedy enters Bahamas
Jamaica Gleaner

The Western Union Company and GraceKennedy Money Services (GKMS), a subsidiary of GraceKennedy Limited and authorized Western Union agent, have announced their expansion into the Bahamas. The expansion increases...

Caribbean subsidiary of Canadian firm acquires electricity company
Jamaica Observer

NASSAU, Bahamas, (CMC) — The Bahamas Government says it has approved a 100 per cent ownership of the Grand Bahama Power and Light Company Limited by Emera Caribbean Holdings Limited (ECHL).ECHL, the wholly owned...

ECCB Governor says hurricane reversed significant strides in 2017
Trinidad Guardian

BASSETERRE, St. Kitts – Hurricanes Irma and Maria that swept through the Lesser Antilles in September “rudely interrupted and reversed” the significant stride that had been made by the Eastern Caribbean...

Bahamas government eases foreign exchange restrictions
Trinidad Guardian

NASSAU – The Bahamas government says it plans to liberalise the foreign exchange control regime so as to promote greater opportunities for local investors and small and medium-sized businesses/enterprises (SMEs)....

IMF predicts economic growth for Bahamas over next two years
Jamaica Observer

NASSAU, Bahamas, (CMC) — The International Monetary Fund (IMF) is predicting economic growth of 1.6 per cent for The Bahamas this year following a “prolonged period of stagnation”.

Bahamas PM outlines plans to reduce unemployment and turn around economy
Antigua Observer

WASHINGTON, Dec 18, CMC – Bahamas Prime Minister Dr. Hubert Minnis says his government has undertaken a programme of long-term economic growth in order to reduce unemployment and to move the country’s economy...

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