Local Business


Tease photo

BTC chief: We must ‘bottom out’ in 2019

The Bahamas Telecommunications Company’s (BTC) top executive yesterday said it needs “to act like the market leader it is”, while warning that mobile subscriber losses must “bottom out” in 2019.

Tease photo

BTC to 'radically attack' Cable on TV, Internet hold

The Bahamas Telecommunications Company (BTC) is planning to “radically attack” Cable Bahamas’ internet and TV dominance, having slashed new subscriber waiting time by 80 percent.

Development Bank targets 'alternative funding' sources

The Bahamas Development Bank (BDB) was yesterday said to be "in the early days of exploring" whether private investment and public deposits are feasible alternative funding sources.

Tease photo

Concern on Out Island approvals for construction

A Bahamian architect yesterday expressed concern that Family Island construction projects were being approved by persons lacking the necessary expertise, with the process susceptible to corruption.

Govt approves $3.7bn in FDI

THE Government has approved some $3.7bn in foreign direct investment (FDI) projects since taking office in mid-2017, the prime minister said yesterday.

WTO accession ‘won’t be at people’s expense’

Full membership of the World Trade Organisation (WTO) will not be achieved “at the expense of the Bahamian people”, the Government’s director of trade pledged yesterday.

PM pledges to tackle taxi drivers’ concerns

The prime minister yesterday said he had warned taxi drivers that The Bahamas “cannot afford any instability” as he pledged to address concerns that sparked recent industrial action.

IAN FERGUSON: Positive reinforcement can go a long way

Every diligent and hardworking employee deserves praise and appreciation. The more positive reinforcement that leaders and managers give to team members, the more productive they become. Today we list ten simple suggestions for rewarding high-performing employees and teams:

NHI’s instant 170,000 expansion if go-ahead

The proposed National Health Insurance (NHI) scheme could rapidly expand to 160,000-170,000 beneficiaries once given the go-ahead due to technology reforms already in process.

PM dismisses PLP’s eu ‘grovelling’ claim

THE PRIME Minister yesterday dismissed Opposition claims that his meetings with European Union (EU) officials made it appear as if The Bahamas was “grovelling” to their demands.

Auto dealer optimism up despite 13% drop

New auto dealers are shrugging off last year’s 13 percent sales slump to take a “more optimistic” view of 2019 amid hopes that the budget’s duty cut benefits will finally “kick-in”.

Tease photo

‘Tremendous shock’ closer for deadbeat Bahamian borrowers

Delinquent Bahamian borrowers were yesterday warned to urgently get their finances in order after the Central Bank selected the preferred bidder for this nation’s first-ever credit bureau.

Tease photo

Taylor Industries employees: ‘Customers knew more than us’

Former staff yesterday described Taylor Industries slide towards closure as “the most stressful thing we’ve been through”, adding: “The customers knew more about it than us.”

Tease photo

‘Grave concern’ on PM’s Europe visit

A Bahamian financial services provider yesterday said “every member of the sector should be quite concerned” about what the prime minister’s European trip means for the industry.

DPM to help install GB chamber board

The Grand Bahama Chamber of Commerce (GBCC) will swear in its new president and 2019 executive board at their annual installation ceremony to be held tomorrow night.