Last year saw an increase of 6% in shipping tonnage registered with the Bahamas Maritime Authority, with total gt now recorded at 32.5 million. Tankers account for 25% of ships … Read More
2001 Sees Increase in Revenues
Cable Bahamas has announced that it ended 2001 with an increase of over 19% in revenues over the previous year. Said Finance Director Barry Williams, *”In a difficult year that … Read More
Eastern Caribbean Stock Market
Earlier this year the Eastern Caribbean Securities Exchange became the world’s newest stock market. The totally screen-based system, with an electronic trading floor, opened in St. Kitts during January with … Read More
OECD Committee on Fiscal Affairs Concludes Two-Day Meeting
Gabriel Makhlouf, Chair of the OECD’s Committee on Fiscal Affairs today released a statement on the organisation’s work on “Harmful Tax Practices” and “Improving The Exchange Of Information”. Mr. Makhlouf … Read More
The Bahamas Secures Qualified Jurisdiction (QJ) Status
Wendy C. Warren CEO & Executive Director Bahamas Financial Services Board The Bahamas has secured further approval by the US Treasury of its Know-Your-Customer rules and its qualified jurisdiction status … Read More
The Bahamas: Economically Sound and Socially Strong
“Reporting to the People” in his annual New Year’s Address last Thursday, Prime Minister the Rt. Hon. H.A. Ingraham said the Government has delivered on its promises to create a … Read More
Transitioning To A Digital Economy
In last week’s New Year’s Address to the nation, the Prime Minister expressed disappointment on the delay in the privatisation of the Bahamas Telecommunications Corporation (BaTelCo), but was firm in … Read More
Developing A Networked Economy
Internet Service Provider Bahamas On-Line has entered into an agreement with iPass, allowing its users to access their email accounts and to surf the www while in The Bahamas, using … Read More
FATF Plenary To Address Terrorism And Anti-Money Laundering Issues
The Financial Action Task Force (FATF) announced today plans for its first Plenary since adopting the Plan of Action to combat terrorist financing. To be held in Hong Kong 30 … Read More
Fighting Cyber Crime
The Use Of Information And Communications Technology In The Commission Of Crime. The British High Commissioner to the Bahamas recently addressed a local Rotary Club on what he described as*”probably … Read More