DPM seeks IMF help for financial services
The Deputy Prime Minister has urged top IMF officials to play a greater role in developing “objective” standards for assessing the Caribbean’s efforts to combat financial crime and tax evasion.K Peter Turnquest, pictured, made his call during an Octo
'Inconceivable' for Post Office woes to continue further
A Cabinet Minister yesterday said he expects the General Post Office’s relocation to be completed before Christmas, adding that it would be “inconceivable” to allow its woes to continue into the New Year.Speaking outside Parliament after tabling a re
ART OF GRAPHIX: Drawing the line on good design
Do I have to draw well to be a good designer? This is one of the most frequent questions designers always ask of me, and the main reason people give for not being a designer or any type.I have witnessed designers who have created terrible sketches bu
Bahamian firm hailsits Majestic honour
Majestic Tours, the Bahamian tour operator, has won Delta Vacations’ 2018 Quality Assurance Award for the 10th consecutive year.Delta Airlines’ vacation provider created the Quality Assurance Award programme to recognize partners that provide outstan
Govt to 'spare no effort'in battle with poachers
A Cabinet minister yesterday pledged the Government will “spare no effort” in seeking out the owners of vessels found poaching in Bahamian waters, adding that winning the fight was “not about just talking strong but action”.Michael Pintard, minister
PwC associate passes Series 7
A PricewaterhouseCoopers corporate services associate, Lashan Bannister, has passed the Series 7 exam after studying with the Nassau-based Securities Training Institute (STI).Bettina Albury, STI’s general manager, said: “We are pleased to be able to
OECD rattles its sabre on investor residency
The Bahamas’ major investment product was yesterday singled out for allegedly undermining the fight against global tax evasion in a move one realtor branded “a damn disgrace”.
Govt targets $12m saving in scrapping cruise rebate regime
The Minister of Tourism yesterday revealed the Government could save $12m per year after it completely “scrapped” the tax incentive regime for cruise lines.Dionisio D’Aguilar, pictured, speaking ahead of a Cabinet meeting, said the departure tax reba
Govt targets 2.5% GDP growth goal
The Government is targeting 2.5 percent GDP growth as a “reasonable” short-term goal, asserting that the IMF’s recent assessment is “a boost of confidence” for its economic plans. KP Turnquest, deputy prime minister, told Tribune Business in a recent
Businessman 'a sad case' says court
The “sad case” of a Freeport businessman, who paid off a company’s $103,259 mortgage debt only for the property to be sold from under him, has won “considerable” judicial sympathy.But the Court of Appeal said it was still unable to rule in Cyril Minn
QC: OECD goal posts movement ‘very disturbing’
A prominent QC yesterday said he was “very disturbed” that the OECD again appeared to have “moved the goal posts” on The Bahamas and other international financial centres (IFCs).
DPM intervenes at world bank meeting
K Peter Turnquest, deputy prime minister and minister of finance, last week attended the 2018 annual meetings of the International Monetary Fund (IMF) and the World Bank in Bali, Indonesia. He is pictured, second right, at a Caribbean Caucus Round Ta
Bahamian realtors join global network summit
Representatives from Bahamas-based HG Christie were among more than 250 agents who attended last month’s invitation-only Christie’s International Real Estate network meeting.The event took place at Christie’s flagship auction house at Rockefeller Pla
Bahamas hosts financial industry delegate briefing
The Bahamas Financial Services Board (BFSB) hosted a successful briefing session for delegates attending the recent Society of Trust and Estate Practitioners (STEP) conference in Mexico City.The event, held on October 4, attracted more than 150 finan
Margarita war - PI v The Pointe
Margaritaville’s Bahamian franchisee is urging the US courts to block the brand’s $250m operating partner deal with The Pointe and prevent it suffering “irreparable injury”.
