Benchmark issued a letter of comfort in 2011 to Alliance, confirming its commitment to ensuring the subsidiary is funded for the foreseeable future, despite Alliance’s…
Kerzner International’s restructuring has resulted in substantially all of its Paradise Island assets being transferred to Brookfield Asset Management in exchange for a release from…
The Bahamas is on the list of jurisdictions that have multiple banks still happy to work with US customers despite steep tax compliances.
The National Accounts Section of the Department of Statistics released the estimates of Gross Domestic Product (GDP) for the period 2007 to 2011.
International Protector Group (IPG), a leading international fiduciary services provider, has announced a major new service to allow the organisers of complex trusts, wherever they…
Prime Minister Ingraham presented 69 Social Intervention Programmes with grants totalling up to $1 million on behalf of The Bahamas Government.
Lenders planned to transfer Atlantis to a trust to be sold off at the best possible price were derailed when Brookfield tried to orchestrate a…
The Grand Bahama Port Authority has appointed Ian Fair as the new chairman, a post that has been vacant since 2009.
The PLP has devised a “pie-in-the-sky” promise-everything mortgage plan that sounds great but has no thought behind it and will never work in the real…