Symonette talks about different businesses based in The Bahamas

Member of Parliament for St. Annes Constituency Brent Symonette detailed to International Investment Wednesday The Bahamas’ different business markets and its endeavours to introduce cryptocurrencies. “We have a good market offshore banking and wealth management,” Symonette said. According to Symonette, the government has just recently passed a commercial enterprise bill which has a certain number […]

Hansard to launch new Bahamas-based insurance company

London Stock Exchange-listed company Hansard Global is opening a new insurance company in The Bahamas. In a statement released Thursday, Hansard Worldwide Limited (HWL) was granted an external insurance license by the Insurance Commission of The Bahamas (ICB) Wednesday, and is expected to begin trading near the end of this year. According to the statement, the […]

Bahamas Petroleum shares soar

Company inks agreement with major international oil company Bahamas Petroleum Company (BPC) saw its shares leap 130 per cent higher on Thursday, after the firm announced that it has entered into a confidentiality and exclusivity agreement with an unnamed major international oil company, which could lead to a possible “commercial transaction”. In a statement released […]

Downtown Nassau set for ‘revitalization’

The Downtown Nassau Partnership’s plan for the revitalization of the nation’s capital was unveiled during a press conference held at the British Colonial Hilton yesterday. The unveiling was led by Minister of Tourism, Dionisio D’Aguliar, Minister of Transport, Frankie Campbell, and the partnership’s Managing Director, Ed Fields. The proposed layout includes an electric shuttle system, […]

ICAC Conference To Bring Hundreds To The Islands of The Bahamas

Over 400 accountants from the United States, the United Kingdom, Canada and the Caribbean are expected to arrive in Nassau come June for the 36th Institute of Chartered Accountants Caribbean’s (ICAC) Conference of Accountants. The much-anticipated conclave, which is expected to stimulate the Meetings Incentives, Conferences and Events (MICE) aspect of tourism, will be held […]