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Royal Fidelity preparing for fourth Bahamas Economic Outlook

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Royal Fidelity preparing for fourth Bahamas Economic Outlook

Chester Robards | Jan 08 2018
Royal Fidelity preparing for fourth Bahamas Economic Outlook

Royal Fidelity is preparing for its fourth annual Bahamas Economic Outlook (BEO), where speakers will break down the pros and cons of integration in a rapidly digitizing world.

Royal Fidelity President Michael Anderson explained that the BEO will help Bahamian business owners and community leaders recognize the potential of the rapidly changing environments technology has produced and help them to create a plan to take advantage of it.

“The Internet and other communications networks have evolved exponentially over the last 20 years,” said Anderson.

“While the resulting opportunities to diversify and more fully integrate economies worldwide are limitless, a large number of people feel threatened by the rapid changes and the impact technological change and immigration are having on their jobs and way of life.

“The Brexit decision in 2016, the election in the United States of Donald Trump in 2017 [sic], and a number of recent European elections are all evidence of the increasing concerns of various sectors of these economies. Even more far-reaching changes are inevitable. Thus, countries like The Bahamas need to adopt new policies to help it limit the threats and take advantage of the associated opportunities.”

Some of the speakers expected to present at the BEO are Minister of Financial Services Brent Symonette; Executive Vice President and Chief Operating Officer of The Future Hunters Erica Orange and oil and natural gas expert Dr. Kent Moors.

The BEO’s registration window is open and early bird rates end January 13.