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...

Bahamas gov't defends - commercial enterprises legislation
Jamaica Gleaner

Bahamas Prime Minister, Dr Hubert Minnis, has defended a Commercial Enterprises bill, saying it is designed to attract both local and international investment to the country in job sectors that do not currently or...

Local Bath & Body company cops top prize in LINK-Caribbean competition
Trinidad Guardian

Trinidad–based De Jeunesse Bath and Body Products has copped the top prize in this year's LINK-Caribbean Pitch Competition. The company which manufactures natural bath and body products was adjudged the winner at the...

Lagarde quizzes Caribbean leaders over growth stagnation
Jamaica Observer

Part 1 In the final session of the IMF's high-level Caribbean forum on Thursday “Unleashing growth and strengthening resilience”, IMF Managing Director Christine Lagarde took on the role of moderator to...

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,...

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