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80 percent increase in cyber crime
CYBER crime in the Bahamas showed an 80 per cent increase, with 171 incidents reported in 2017 up from the 95 recorded in 2016.
Cruise port targets $3m annual refinance saving
Nassau Cruise Port will save close to $3m per year from refinancing the existing $138m bond debt that kickstarted its redevelopment, with its top executive yesterday saying: “We’re so much more than just a cruise port.”
Baha Mar bids
Baha Mar - who did bid? I hear the big boys didn’t!
Sterling names Bahamian to head local IT operations
Sterling Global Financial, the $10bn asset manager, has appointed Timothy Maura to head corporate information technology (IT) for its Bahamas operations. “We are very pleased to announce the appointment of Timothy Maura, a specialist who brings with
Deltec refutes claimed link to launder scheme
Deltec Bank & Trust yesterday denied that any of those charged in relation to a $1.2bn Venezuelan money laundering scheme was a client or account holder with itself.
BISX ‘on it’: Exploring carbon credit potential
The Bahamas International Securities Exchange (BISX) is exploring whether to add carbon trading to its business model, its chief executive pledging: “We’re on it.”
Crypto exchange plan to ‘revolutionise’ BISX
The Bahamas International Securities Exchange’s (BISX) plans for a cryptocurrency and digital securities trading platform will “revolutionise our jurisdiction”, its top executive said yesterday.
How to prepare for those inevitable security threats
THE management of risk has been a crucial and complex undertaking for businesses globally. Its efficient and effective handling requires solid corporate governance. Every business must protect themselves against the risk of potential interruption by fully assessing their vulnerabilities and deploying mitigating controls. One such risk is fraud.
PLP's NIA operated for 'personal gain'
HEADS of respective law enforcement agencies raised concerns that the former government never communicated to them how the National Intelligence Agency was to function in the collective fight against crime.
Fighting climate change the key
COVID-19 has upended life as we knew it in The Bahamas. However, as we deal with the widespread impacts of the pandemic, it is critical that we do so in a climate resilient fashion.
PM calls for support for Bridgetown finance plan
PRIME Minister Philip “Brave” Davis said it is morally imperative that Caribbean and Latin American countries support the Bridgetown Initiative, a global climate finance plan.
Insurance industry attends FATF forum
The Bahamas Insurance Association (BIA) was represented at the recent Financial Action Task Force (FATF) Private Sector Consultative Forum (PSCF) dealing with financial crime.Emmanuel Komolafe, its chairman, attended the high level meeting from April
GAIN AN EDGE: Securing the skills the global economy wants
As economies grow, countries are forced to change and make adjustments to national plans in order to benefit from this growth.
‘Major win’ for Bahamas on GDP rule change over natural disasters
AFTER Bahamian representatives at COP26 insisted that using gross domestic product was not a realistic means in determining countries’ need for financial assistance following natural disasters, the Global Environment Facility has indicated the decision to move away from using GDP as the primary economic indicator.
‘Unenviable balancing act’ confronting The Bahamas
The Bahamas “faces an unenviable balancing act between food security and fiscal discipline”, the Inter-American Development Bank (IDB) warned yesterday, with global financial developments proving “particularly concerning”.
Reformer predicts 'great year' for economy
The New Year is expected to “crystalise the reconsolidation of the economy", says a governance reformer as 2023 foretells a year of “great performance” for the economy.
Bahamas ‘telling the story’ to its investors
The Government is focused on “telling the story about The Bahamas” and its post-COVID recovery to ensure international investors and markets retain confidence in the country’s debt, a Cabinet minister said yesterday.
What is true role of UN?
After reading today’s Tribune edition, Monday May 1, 2023 and a story, the top story ‘Nation to answer over human rights,’ and how it suggests that the Government’s position on key issues will be under scrutiny by the UN Council.’
Fears grow of Israeli attack on Iran
Fears grow of Israeli attack on Iran For the first time in nearly two decades of escalating tensions over Iran's nuclear programme, world leaders are genuinely concerned that an Israeli military attack on the Islamic Republic could be imminent -- an actio
Davis speaks at cyber security symposium
THE first national computer incident response team stakeholder symposium was held yesterday at the SuperClubs Breezes resort.