Ex-Governor: More competition vital among banks, workforce
A former Central Bank governor yesterday challenged whether The Bahamas is willing to expose itself to the “risk” of greater competition from foreign workers as a means to boost productivity and drive down costs.
Bahamas ‘well protected’ by US exchange rate peg
A senior Central Bank executive yesterday asserted that The Bahamas is “well protected” by its fixed exchange rate peg to the US dollar despite fears that the latter may depreciate due to inflation and trade wars.
Whale habitat fears on SpaceX booster return
Bahamian marine mammal scientists last night blasted the lack of consultation over today’s SpaceX rocket booster return as they voiced fears it will land in Exuma Sound’s whale habitat.
Fly fishing president slams lodges disguised as rentals
The Ministry of Agriculture and Marine Resources yesterday awarded $150,000 to the Bahamas Fly Fishing Industry Association (BFFIA) to help with the training of local guides and conservation efforts.
Bahamian airline fear over six-fold fee hikes
Bahamian airlines are voicing fears they will be “strangled” by six-fold and greater fee increases proposed as part of adjustments to this nation’s air navigation services regime charges.
Doctors targets lower costs in Health City’s $5m investment
Doctors Hospital shareholders were last night told to anticipate a dividend policy change in 12-15 months’ time as the BISX-listed healthcare provider unveiled a near-$5m investment from a premier Cayman provider.
Fidelity asserts no ‘one-year wonder’: Eyeing $20m profit
A BISX-listed bank is targeting a return to $20m profits for full-year 2025 despite falling narrowly short of its 2024 target after the traditional Christmas borrowing surge failed to materialise.
‘Chips are down’: Ex-Atlantis worker wins $121k for firing
An ex-Atlantis table gaming supervisor has won $120,960 in damages for wrongful and unfair dismissal after he was fired over “irregularities” involving the handling and alleged theft of $500 casino chips.
DPM demands Caribbean unity to attract extra airlift
The deputy prime minister has called for greater Caribbean collaboration to attract more airlift and route expansion to the region from Europe, the Middle East, South and Central America.
Aviation chief talks on regional competitiveness
The Government’s aviation sector head participated in a panel discussion on ‘Aviation competitiveness in the Caribbean’ during the Routes Americas 2025 conference last week.
Gov’t in egg buyback scheme as prices soar
The Government is seeking to boost domestic egg production via a buyback initiative as food stores report a tripling in import prices due to bird flu’s sharp impact on availability and the supply chain.
Opposition: Govt’s four month deficit ‘disastrous’
The Opposition last night slammed the Government’s “disastrous” fiscal performance after it emerged that the $274m deficit for 2024-2025’s first four months is almost four times higher than the full-year target.
Banish regulatory ‘handcuffs’ so that Freeport can thrive
Freeport must go back to its Hawksbill Creek Agreement roots and banish the red tape and regulatory “handcuffs” if it is to compete with multi-billion free trade zone rivals, a GBPA director asserted yesterday.
Doctors Hospital unveils healthcare finance entry
Doctors Hospital yesterday revealed plans to “directly insert” itself into financing affordable healthcare by late summer 2025 with “insurance-like pricing” up to 50 percent less than existing coverages.
GB Chamber president rejects abolishing GBPA
Calls to abolish the Grand Bahama Port Authority (GBPA) were yesterday rejected by a senior private sector executive who urged sceptics to “accept” it will exist for at least another 29 years.
