Press Statement from Prime Minister Hon. Philip Edward Davis KC MP on the NIB Rate Increase

Immediate Release June 6, 2023 Today, I would like to address the situation facing the National Insurance Board (NIB). Firstly, let me assure all Bahamians that while we acknowledge the need for adjustments, no NIB rate increase will occur during the new fiscal year. Instead, the rate increase will be introduced next year on the […]
Press Release – Disaster Risk Reduction Summit 2022

PM Davis calls for CANTO to Partner in The Bahamas’ Renewed Commitment in Transforming lives through Digital Technologies

MIAMI, Florida – During his Keynote Remarks at the CANTO Annual Conference and Trade Exhibition, in Miami, Florida, on July 20, 2022, Prime Minister and Minister of Finance the Hon. Philip Davis said that, in pursuing the shared Caribbean vision of a connected and empowered people, and to transform lives through digital technologies, The Bahamas was renewing its commitment to leading the region’s efforts on the global stage.
A Move Towards Innovation: The Bahamas makes its mark as a Digital Assets Hub

As the country continues to set a path toward economic diversity and innovation, more stakeholders take advantage of the opportunities stemming from the new digital age. Yesterday, during the launch of Agio Digital Ltd. & Gryphon Investment Advisors Bahamas, Prime Minister Davis congratulated the two companies on the newly formed alliance and welcomed them to […]
Prime Minister Davis met with Members of The Commonwealth of The Bahamas Trade Union Congress To Create A Stronger, More Inclusive Economy

In keeping with Prime Minister Hon. Philip Davis’ intention to partner with Bahamians to create a stronger, more inclusive economy, he met with members of the Commonwealth of The Bahamas Trade Union Congress (BTUC) yesterday. The Minister of Labour and Immigration, Hon. Keith Bell was also in attendance. The Prime Minister said the Davis Administration […]