Latest stories

Tease photo

'New boater obstacle' in Customs check-out

New Customs “check-out” processes have created “another obstacle to encourage boaters not to visit”, the Association of Bahamas Marinas (ABM) chief blasted yesterday. Peter Maury told Tribune Business he had already received complaints from visiting

Treasurer blasts govt on financial resource failure

The Public Treasury’s top official blasted the government for failing to provide sufficient resources to improve financial management and cash flow. Eugenia Cartwright, the treasurer, in a memorandum that was revealed with yesterday’s publication of

Tease photo

Insurers warned: Do not keep 'eggs in one basket'

A top insurer says Bahamian underwriters will find it increasingly difficult to survive “long-term” unless they diversify into other territories.Patrick Ward, Bahamas First’s president and chief executive, told Tribune Business in a recent interview

Tease photo

Health insurer's Bahamas exit to be 'orderly'

Regulators yesterday said they expect a “very orderly wind-down” of a Bahamas-based health insurer as it readies to exit the market by December 2021. Michele Fields, the Insurance Commission’s superintendent, confirmed to Tribune Business that Gener

Tease photo

Three killed in traffic accident in Grand Bahama

Three people were killed in a traffic accident in Grand Bahama on Monday night.

Tease photo

Cannabis reform - ‘get on with it’

MEMBERS of the Rastafarian community say they want the government to stop “dragging their feet” on marijuana law reform, noting the drug, if legalised, could help aid the country’s economic recovery from the COVID-19 crisis.

Abaco struggles to find new workers

Abaco's labour shortages are causing post-Dorian reconstruction prices to "skyrocket" by at least 25 percent, the island's Chamber of Commerce chief warned yesterday.

Digital B$ rolled-out nationally by Q3 end

The Central Bank’s digital currency will be made available nationwide by the 2020 third quarter’s close, the deputy prime minister said yesterday. Unveiling reforms to the financial services regulatory regime in the House of Assembly, K Peter Turnqu

Tour providers fear COVID exposure

Family Island tour providers yesterday said they fear being exposed to COVID-19 as business levels range from non-existent to 50 percent of pre-pandemic levels. Glenrick Rolle, owner/operator of Glenrick’s Water Taxi Services on Bimini, told Tribune

Legal reforms tighten 'failing' bank oversight

The Central Bank is gaining powers to appoint “a statutory administrator” over failing or “unsafe” banks, Parliament was told yesterday.K Peter Turnquest, pictured, deputy prime minister, unveiling a three-strong package of Bills to strengthen the fi