Bahamas Government to Simplify — and Raise — Taxes

NASSAU, Bahamas (BIS Press)– The government expects to collect 7.8% more in revenue this fiscal year than it did the previous year, due to its measures taken to strengthen its revenue collection processes, Prime Minister and Minister of Finance the Rt. Hon....

Police Force prepared for ‘succesful’ elections

Police Commissioner Paul Farquharson says his Force will maximize the use of all of its human and other resources, including its Regular and Reserve Forces, to guarantee “safety and peacefulness” before, during and after the upcoming General Elections....

Grand Bahamian for the Senate

Former president of the Grand Bahama Chamber of Commerce Dr. Doswell C Coakley was presented with Instruments of Appointment as the country’s newest Senator during ceremonies at Government House on Monday (January 29, 2007). Dr. Coakley, who will fill the...

Financial services regulations strengthened

The Government has moved to empower the Compliance Commission to conduct on-site examinations of financial institutions to ensure they are in conformity with the law. In cases where the Commission is unable to conduct such examinations, an auditor will be appointed,...