Finance

Turnquest: Expect big changes to family budget
Turnquest: Expect big changes to family budget

August 05, 2020

FINANCE Minister Peter Turnquest said while officials expect some changes to happen in the “family budget” due to the re-imposed national shutdown, decisions have yet to be made concerning the future of public servants...

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Public Treasury Department Official Notice

August 01, 2020

The Public Treasury Department is pleased to advise that effective...Monday, 10 August, 2020...

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IDB report highlights post-pandemic reform priorities for Caribbean region

July 29, 2020

A new report by the Inter-American Development Bank reviews the ongoing impact of the crisis for countries in the region, and provides recommendations for policymakers as they position for a post-COVID-19 recovery...

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Scotiabank Employees in Grand Bahama diagnosed with COVID-19

July 29, 2020

We can confirm that two employees attached to our Freeport Branch have tested positive for COVID-19. We have been working very closely with the Ministry of Health (MOH)...

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Syesha Scores $2,000 Scholarship Sponsored By CIBC FirstCaribbean

July 29, 2020

Syesha Cox is one of 112 sixth-grade graduates nominated and recently recognized by the Bahamas Primary School Student of the Year Foundation (BPSSYF). The nominees shared $141,000 in scholarships and over $40,000 in prizes...

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Meet The ‘New’ Bahamas Development Bank

July 23, 2020

Staff at the Bahamas Development Bank celebrated the relaunch of the 42-year-old institution in July 2020. The multicolored hummingbird logo of the Bank combines flashes of red, blue, green, yellow and pink into a bright eye-catching image...

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IDB Partners with Bahamas to Launch New Oil Hedging Solution For BPL

July 17, 2020

The Inter-American Development Bank has partnered with The Bahamas for a new oil hedging instrument to protect government budget and better manage financial risks in uncertain times...

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Bahamas Government Begins Trading Its National Debt via BISX

July 15, 2020

Deputy Prime Minister and Minister of Finance the Hon. K. Peter Turnquest announced that the first trading session including Bahamas Registered Stock (BRS) closed on The Bahamas International Securities Exchange (BISX) on Thursday, July 9, 2020...

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Scotiabank Bahamas Expands Digital Strategy with the Launch of Four Cashless Branches
Scotiabank Bahamas Expands Digital Strategy with the Launch of Four "Cashless" Branches

July 13, 2020

Scotiabank Bahamas has advanced it digital adoption strategy with the launch of a “cashless” branch pilot programme, which has been implemented at four of its branch locations in The Bahamas...

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Trading of Bahamas govt registered stock on BISX launched
Trading of Bahamas govt registered stock on BISX launched

July 13, 2020

Following decades of attempts to add Bahamas government registered stock (BGRS) to the Bahamas International Securities Exchange...

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Bahamas Development Bank to Collaborate with Trade & Industry Ministry on Trade Growth

July 08, 2020

Minister of Financial Services, Trade & Industry and Immigration, the Hon. Elsworth Johnson along with executives of the Ministry met with executives of Bahamas Development Bank (BDB) in a courtesy call, July 1, 2020...

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Turnquest: U.S. fiscal transparency report misleading and unfortunate
Turnquest: U.S. fiscal transparency report misleading and unfortunate

July 07, 2020

Deputy Prime Minister and Minister of Finance Peter Turnquest yesterday defended The Bahamas against a recent listing by the United States Department of State on fiscal transparency...

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MP: Banking remains too difficult for Bahamians

July 07, 2020

Exumas and Ragged Island Member of Parliament Chester Cooper yesterday condemned the continued difficulties Bahamians undergo to bank in The Bahamas, especially with opening accounts...

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DPM Turnquest encourages Bahamians to remain resilient and take advantage of the support available

July 01, 2020

Deputy Prime Minister and Minister of Finance the Hon. K. Peter Turnquest stated that this Government’s Administration has acknowledged the decision by credit ratings agency Moody’s to downgrade the country’s credit rating as a result of the economic shocks caused by the COVID-19 pandemic...

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Nearly 2 billion in loans deferred
Nearly 2 billion in loans deferred

June 30, 2020

Just under $2 billion in loans held by Bahamian credit holders have been deferred as a part of the loan payment deferral schemes implemented by various commercial banks...

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DPM on scrutiny by tax watchdogs: It is what it is

June 25, 2020

Deputy Prime Minister and Minister of Finance Peter Turnquest said yesterday, "it is what it is", regarding this jurisdiction's constant scrutiny by international financial watchdogs...

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Economic Recovery Committee to Launch Construction in July-Sub-Committees Formed to Focus Key Sectors

June 24, 2020

The Economic Recovery Committee (ERC), says that substantial efforts are well underway to design a plan to guide the government’s strategy for restoration and recovery...

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Bank of England 'ready to act' as economy shrinks record 20
Bank of England 'ready to act' as economy shrinks record 20%

June 12, 2020

Bank of England governor Andrew Bailey has said he will be "ready to take action" to help the UK economy weather the coronavirus crisis...

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'Take A Chance' on Baha Men
'Take A Chance' on Baha Men

June 12, 2020

Bahamian Grammy Award-winning group Baha Men drops "Take A Chance" - a song about love and relationships in the midst of COVID-19. BAHA MENDue to COVID-19, Baha Men may have postponed tour dates for the immediate future, but that in no way means that this much-loved group can't bring the music. And that's exactly what they did, dropping a new single "Take A Chance" as The Bahamas and [...]
The post 'Take A Chance' on Baha Men appeared first on The Nassau Guardian.

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DPM Turnquest Explains Extended Relief Measures Specific to the Hurricane-Ridden Islands in 2020/21 Budget

June 10, 2020

Deputy Prime Minister and Minister of Finance the Hon. K. Peter Turnquest stated that in the Government’s Fiscal Adjustment Plan following Hurricane Dorian, it outlined that the impact of the storm would last for a few years...

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