Young accountants reception
YOUNG accountants who recently completed their degree programme were welcomed into the profession by the …
Bahamian businesses face 230% cyber attacks surge
BAHAMIAN businesses have suffered a 230 percent increase in cyber attacks over the past five years, a technology principal disclosed yesterday, revealing that this nation becomes an immediate target “when we make the news”.
Building permit red tape slash hailed as ‘massive win for all’
A BAHAMIAN developer yesterday hailed the Government’s bid to slash the turnaround time for building permits to just 60 days as early as 2027 as “a massive win for everyone”.
Bahamasair’s ‘Sophie’ AI bot to answer over 80% of calls
BAHAMASAIR is poised to embrace artificial intelligence (AI) with plans to launch ‘Sophie’, its “bot agent”, before year-end to handle the more than 80 percent of reservations department calls not seeking to purchase flight tickets.
Bahamas in tax certificate, Investor Concierge launch
A CABINET minister yesterday sought to boost The Bahamas’ competitiveness as a domicile for wealthy investors to make their home by unveiling plans to launch a Tax Residency Certificate and one-stop-shop for approvals.
Boating fees blamed for Abaco’s 6.4% arrival fall
A SENIOR tourism official yesterday attributed the 6.4 percent decline in year-over-year sea arrivals to Abaco through July to the impact of boating fee hikes as industry operators were urged to rapidly adapt to the evolving artificial intelligence (AI) environment.
IAN FERGUSON: How to develop staff when finances tight
For many small businesses, employee development is viewed as a luxury reserved for larger companies with substantial training budgets.
Opposition voices $311m 'off books' spend concern
THE OPPOSITION yesterday challenged if the $311m spent from the National Investment Fund represents “off-the-books capital expenditure” structured so as not to blow the Government’s Budget surplus in the election run-up as a Cabinet minister asserted it had followed the law.
$200m Exuma resort opponent fears fall-out for own business Body
A key opponent of the $200m Rosewood Exuma resort yesterday asserted it fears its own high-end business will be damaged if its competitor is allowed to locate a service dock “less than one fotball field” aware from its property.
Construction permit values surge almost $700m in ‘25
Construction starts and completions both increased in volume during 2025, surging by 24 percent and 11.2 percent respectively, although the former’s combined value declined by $17m compared to 2024.
Attorneys fear new VAT charge will ‘create havoc’ in property market
ATTORNEYS are voicing fears that the Department of Inland Revenue’s (DIR) plan to impose a 5.25 percent interest charge on VAT due on real estate sales if the tax is not paid within 21 days will “create havoc in the industry”.
