Search results for : Financial
April 13, 2024
Bahamas' financial services sector 'world class' ahead of FATF assessment
PRIME Minister Philip Davis trumpeted The Bahamas' "world-class" financial services sector as the country prepares for another mutual evaluation assessment by the Financial Action Task Force (FATF) "on the horizon".
ORG expresses deep concern over the "troubling pattern" of non-compliance regarding financial disclosures
April 02, 2024
ORG expresses deep concern over the "troubling pattern" of non-compliance regarding financial disclosures
NASSAU, BAHAMAS — The Organization for Responsible Governance is highlighting the urgent need to reinforce regulatory frameworks to ensure compliance, and cultivate public trust in our governance. Findings from last year's financial disclosures shed light on a pattern of non-compliance among senators, senior civil servants, and elected officials, which ORG says signals entrenched issues within [...
March 19, 2024
Davis wants to see financial industry back to 30% of GDP
PRIME Minister Philip "Brave" Davis said he is fighting to see the financial services industry represent 30 percent of the country's GDP as it was before scrutiny and regulatory pressure from other jurisdictions caused it to shrink.
March 19, 2024
PM: 'Assault' on offshore financial centers caused 50 percent decline in the financial services sector's contribution to GDP
NASSAU, BAHAMAS — Prime Minister Philip Davis stated that the 'assault' on offshore financial centers, which began in 2000, significantly reduced The Bahamas' financial services segment contribution to GDP from 30 percent to 15 percent, as he highlighted the impact of 'blacklisting' on offshore financial centers. During a press briefing in Botswana on Monday, where [...]
At UN's CSW68 - LaRoda outlines Administration’s steps to advance equitable financial empowerment of women and girls
March 15, 2024
At UN's CSW68 - LaRoda outlines Administration’s steps to advance equitable financial empowerment of women and girls
Gender mainstreaming has been integrated into the state-owned and operated Bahamas Development Bank as one of three “principle strategic initiatives” that help to form the Government of The Bahamas’ commitment to advancing the equitable financial empowerment of women and girls, Minister of Social Services, Information, and Broadcasting, the Hon. Myles LaRoda, told a United Nations women’s ...
March 15, 2024
ORG urged a balanced approach in addressing NIB's financial sustainability
NASSAU, BAHAMAS — The Organization for Responsible Governance (ORG) says that the recent confusion surrounding the announcement of a phased strategy to increase the National Insurance Board's (NIB) contribution rate underscores the importance of clear communication and inclusive decision-making processes. It urged a balanced approach to addressing NIB's financial sustainability. "The s...
Free health, wellness and financial check-ups at The Nassau Guardian's Health Financial Fair
February 22, 2016
Free health, wellness and financial check-ups at The Nassau Guardian's Health Financial Fair
Health and financial information, aerobic demonstrations, free health screenings, a blood drive, Nygard fashion show and a rush-out by the Saxons Superstars will be just what the doctor ordered in an effort to help people restore some semblance of balance -- and they will be the order of the day at The Nassau Guardian's annual Health & Financial Fair.
Take Charge of Your Financial Freedom
March 12, 2024
Take Charge of Your Financial Freedom
NASSAU, BAHAMAS - The Free National Movement held an International Women's Day breakfast for its female leaders.
March 12, 2024
Veteran Financial Services Consultant, Real Estate Broker Suzanne Black Joins MAISON Bahamas, Forbes Global Properties
MAISON Bahamas, Forbes Global Properties, has announced the recent appointment of award-winning financial services consultant and veteran real estate broker Suzanne Black to the boutique firm. Ms. Black will serve in a dual capacity of consultant and property sales.
February 28, 2024
CFAL Financial Analysts explain primary balance and GFS deficit
In the week following Prime Minister Philip Davis' accounting of the nation's financial position up to the halfway point of the 2023/2024 fiscal year, there has been widespread discourse on the government exceeding its deficit targets for the entire year during the period. The prime minister revealed last week that for the first half of [...]
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