E-Commerce and communications solution provider Systems Resource Group (SRG) is expanding its operations in Freeport, Grand Bahama with the relocation of full-time staff and the roll out of technology and … Read More
Author: @BahamasFSB
The Way Forward Does Not Include The Introduction of Income Tax
Addressing the Annual Banquet of the Bahamas Chamber of Commerce last weekend, Prime Minister the Rt. Hon. Hubert A. Ingraham acknowledged that a more globalised economy is already a reality, … Read More
Bahamas Positioned To Become Market Leader In Global Financial Services
Addressing the introductory luncheon session of Banker’s Week on the subject of Challenges and Opportunities, Central Bank Governor Julian Francis yesterday indicated that The Bahamas should not follow the whims … Read More
Freeport Concrete Now Listed On BISX
The Bahamas International Securities Exchange (BISX) has announced that Freeport Concrete Limited, which recently competed its initial public offering of 4,500,000 common shares, has been approved for listing on BISX. … Read More
Commonwealth Bank’s Net Earnings Increase
Commonwealth Bank increased its net first quarter earnings by some 20.8%, representing an improvement over its 2000 comparative period of $4.8 million. The bank’s asset based increased by $33 million … Read More
Premier Certified Partner Status With Cisco
Leading information technology, e-commerce and communications solution provider Systems Resource Group (SRG) has been awarded Cisco Premier Certified Partner status. Cisco is the world leader in networking for the Internet. … Read More
FATF Review Group of the Americas
Industry Chief Calls for Level Playing Field Last week Officials from the Financial Action Task Force concluded a 2-day inspection of the Bahamas’ financial services industry. The team was here … Read More
US Calls For Refocusing Of OECD Initiative On The Core Element Of Tax Information Exchange
Recent statements coming out of the Office of the US Treasury would indicate that the US is taking the position that the OECD initiative on harmful tax competition is too … Read More
Punishment of Money Laundering Seen As Important Preventive Factor: Global System Promoted
Sir William Allen Bahamas Minister of Finance On the occasion of opening the recent 3-day Anti-Money Laundering Seminar jointly organised by the Office of the Attorney General and the Caribbean … Read More
BISX Announces Amendment to Closing Price Calculation
The operational procedures with respect to the calculation of closing prices for equity securities listed and traded on the Bahamas International Securities Exchange (BISX) will be changed, effective Friday, 11 … Read More