Search results for : offshore companies
What The Bahamas needs is inspiration
November 23, 2011
What The Bahamas needs is inspiration
Dear Editor,
The world is watching a burgeoning paradigm shift that has been equated to the impact of the Industrial Age. It is noted that the Industrial Revolution was a major economic change, which ushered in the growth of the middle class in the western world. Today, we see rapid growth taking place in the middle class in countries like China, India and Brazil. These countrie...
Sarkozy got it wrong, but not enough to say so
November 19, 2011
Sarkozy got it wrong, but not enough to say so
France's President Nicolas Sarkozy has publicly - and wrongfully - identified three Caribbean countries as "tax havens". The response to him should be unified and robust.
Sarkozy named the Caribbean countries, Antigua and Barbuda, Barbados and Trinidad and Tobago, among eight others - Botswana, Brunei, Panama, Seychelles, Uruguay, Vanuatu, Switzerland and Liechtenstein.
Sarkozy also threaten...
2010/2011 Budget Communication
May 26, 2010
2010/2011 Budget Communication
Mr. Speaker, this is the 33rd Budget Exercise in which I will have participated in this Parliament as an MP; the 14th as the Prime Minister and the 6th as Minister of Finance. Such extensive experience in this country?s fiscal affairs has enabled me to observe the many ebbs and flows of economic life in The Bahamas and the attempts by successive Ministers of Finance to grapple with them. I have ...
March 21, 2022
Russians have nearly $3 bil. in assets in The Bahamas
The Central Bank of The Bahamas (CBOB) confirmed that just less than $3 billion worth of assets with Russian beneficiaries are held in primarily locally based offshore banks and trust companies in The Bahamas.
BPC extends olive branch
August 19, 2011
BPC extends olive branch
The Bahamas Petroleum Company (BPC) is extending the olive branch to the environmental movement, saying Earl Deveaux is "absolutely right" about the concerns surrounding offshore oil drilling.
March 29, 2011
1 in 10 reverse mergers of Chinese firms on US stock exchanges fraudulent
At
least 10% of Chinese companies that have gone public on stock
exchanges in the United States are engaged in fraud. The deals often
involve establishing offshore holding companies in the British Virgin
Islands, Cayman Islands, Samoa or another offshore jurisdiction in
order to conceal illegal conduct.
The startling claim, following extensive research, was made to OffshoreAlert by Share...
Conference to focus on IFC 'survival'
April 30, 2014
Conference to focus on IFC 'survival'
The Society of Trust and Estate Practitioners (STEP) Caribbean Conference 2014, the largest trust conference held in the Caribbean annually, will convene at Atlantis, Paradise Island from May 12-14, under the theme "Exploring the Possibilities".
The conference will focus on current issues faced by trust practitioners, including evolving client needs, mastering the complexities of trust business on...
February 03, 2020
BPC touts potential of test well site to 'transform' economy
According to Bahamas Petroleum Company CEO Simon Potter, the test well has the potential to open a world-class, new frontier basin offshore. FILEBahamas Petroleum Company (BPC) now expects to begin drilling its test well in April at the location called Perseverance #1, where there could be an economy-changing two billion barrels of oil, according to the company's latest statement, which also conte...
In-Country Update: Bahamian Mutual Fund Initiative and Environmental Authorisation Progress Update
November 28, 2019
In-Country Update: Bahamian Mutual Fund Initiative and Environmental Authorisation Progress Update
Bahamas Petroleum Company, the oil and gas exploration company with significant prospective resources in licences in The Commonwealth of The Bahamas, is pleased to provide details of several important in-country developments, as the Company continues its coordinated work effort toward drilling of an exploration well in The Bahamas in 2020...
Baha Mar, OPM confirm March 27 opening date
February 11, 2015
Baha Mar, OPM confirm March 27 opening date
The Office of The Prime Minister (OPM) and Baha Mar have assured that the mega resort will indeed open for paying guests on March 27 as planned.
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