Bahamian retailers must innovate to match online
BAHAMIAN retailers must become more innovative in compete with online shopping portals, the Bahamas Chamber of Commerce’s chief executive believes.
Enterprises Bill must ‘level playing field’ for Bahamians
THE Government has been urged to extend the Commercial Enterprises Bill’s benefits to Bahamian-owned firms and ensure they remain on a ‘level playing field’ with foreign rivals.
‘Shift in thinking’ vital to reshape economy
State Minister for Grand Bahama Kwasi Thompson said yesterday the Commercial Enterprise Bill is designed to boost the Grand Bahama economy, attracting new industries and create opportunities for Bahamians.
Pooling resources would cut out need for foreign investment
ENCOURAGING more Bahamians to pool their resources and invest in commercial activity could reduce the demand for foreign direct investment, a leading accountant has argued.
Privy Council rules in Bimini family land dispute
THE London-based Privy Council has dismissed an appeal arising out of a family dispute over two plots of land on Bimini.
Great idea? Striping’s ready to help with funding
THE Bahamas Striping Group of Companies (BSGC) Investment Group yesterday launched its new website to allow entrepreneurs to apply for funding from a $1 million facility.
Increased notice periods for redundancies on the table
The Labour Department is formulating amendments to the national Employment Act which include an increase in the notice period for redundancies, Labour Minister Dion Foulkes told Tribune Business yesterday.
‘Bend to foreign investment or go bankrupt’
A BAHAMIAN businessman and leading governance reform advocate yesterday slammed opponents of the Commercial Enterprises Bill (CBE), arguing ‘xenophobic and myopic thinking’ will ‘send the country bankrupt’.
Do No Approve - party questions new bill’s benefits
WHILE voicing its support for government initiatives aimed at improving the ease of doing business in the country, the Democratic National Alliance (DNA) yesterday queried how the Commercial Enterprises Bill (CEB) would benefit Bahamian businesses.
Mindset not money the key to success
THE lack of funding is ‘not fatal’ to the pursuit of the entrepreneurial dream a well-known, accountant and banker stated yesterday.
New job bill will ensure ‘Bahamians are priority’
The government’s new Commercial Enterprises Bill will ensure “that Bahamians are the priority,” despite the fact it will “liberalise the granting of work permits” to foreign companies.
Atlantis near sell-out for holiday weekend
ATLANTIS’S occupancy for the Thanksgiving weekend is ‘over 90 percent’, according to a senior executive at the resort with the annual ‘Battle for Atlantis’ tournament a ‘significant contributor’ to its boost in business for the period.
Staff head back to work as RIU reopens
MORE than 300 workers at the RIU Palace Paradise Island are returning to work after the resort reopened its doors after a multi-million dollar summer refit.
Ferreira starts process to find new landfill manager
The preferred bidder for the management and operation of the New Providence landfill is expected to be selected by mid-March next year, Environment and Housing Minister Romauld Ferreira stated yesterday, acknowledging the landfill was ‘no instant fix’.
Solution being sought for Clifton Pier site
ENVIRONMENT and Housing Minister Romauld Ferreira stressed yesterday the government is working on a long term solution to address environmental concerns at Clifton.
