Local Business

Young accountants reception

YOUNG accountants who recently completed their degree programme were welcomed into the profession by the …

Don’t let fees distract from bank ‘elephant in the room’

Bahamians must not let concerns over 20 percent-plus fee increases distract them from the true banking “elephant in the room” - the “tremendous untapped potential” for job and business creation from the near-$3.5bn locked in the country’s financial system.

‘New frontier’? 10,000 acre Long Island site seeks buyer for $25m

A long-touted 10,000-acre development for Long Island has been listed for sale at $25m with a Bahamian realtor suggesting that airport upgrades, improved connectivity and existing infrastructure can make the destination “the new frontier”.

‘Abuse of process’ rejected in Rudy King-linked case

The Court of Appeal yesterday ruled that a “substantial overlap” between separate legal cases cannot by itself be “an abuse of process” as it overturned the removal of a multi-million dollar asset freeze imposed on proceeds from a fraud allegedly involving flamboyant “philanthropist”, Rudolph Kermit King.

Abaco resort’s marina off 20% as boating still suffers

Marina operators yesterday confirmed they are still suffering the fall-out from previously-increased boating fees despite subsequent reforms with one Abaco resort reporting business is down by as much as 20 percent this summer.

Doctors deny only minority protesting NHI pay delays

Bahamian doctors yesterday challenged assertions by the National Health Insurance (NHI) Authority’s deputy chairman that only a minority are complaining about delayed reimbursement as they revealed an Association has now been formed to negotiate with the scheme.

Newly-opened medical lab eyes Out Island expansion

A newly-opened medical laboratory is already eyeing Family Island expansion after just one month in existence while also preparing to launch an exercise club as part of its push to offer more accessible healthcare services.

BPL system challenges ‘no excuse for hardship’

The Government and Bahamas Power & Light (BPL) yesterday conceded shortcomings in both communication and grid resilience following Sunday's New Providence-wide outage, promising a comprehensive review of events and a more detailed public explanation later this week.

Don’t let fees distract from bank ‘elephant in the room’

Bahamians must not let concerns over 20 percent-plus fee increases distract them from the true banking “elephant in the room” - the “tremendous untapped potential” for job and business creation from the near-$3.5bn locked in the country’s financial system.

LETTER: Giving the full story over National Health Insurance

Thank you for allowing me to occupy this space for what I believe is a defining moment in the evolution of healthcare in The Bahamas.

Food retailers tell Sebas: ‘Don’t make us bad guys’

Food stores yesterday voiced fears they will be viewed as “the bad guys taking advantage of people” if Sebas Bastian’s pop-up grocery store concept is not handled properly, with one asserting: “We just hope it won’t interfere with the regular business flow.”