Save the Bays chairman warns on oil 'dark ages'
An environmental activist yesterday warned that the Government was taking The Bahamas back to “the dark ages” by entertaining petroleum industry investments. Save the Bays chairman Joseph Darville yesterday urged the Minnis administration to “come cl
Budget must show Gov't 'serious' on business ease
The upcoming Budget will show how “serious” the Government is about transforming The Bahamas’ “ease of doing business”, the Chamber of Commerce’s chief executive said yesterday. Edison Sumner said the private sector organisation was eager to see evid
Bahamasair back to Bimini after 40 years
Bahamasair last Thursday launched its 60-seat round trip flights from Bimini to Miami, marking the first time it has serviced the route for 40 years.The launch of the new flights was commemorated with traditional water showers and a Junkanoo performa
Bahamas companies warned: 'hackers don't discriminate'
An international cyber security expert yesterday stressed the need for heightened awareness of The Bahamas’ potential vulnerabilities, warning: “Hackers don’t discriminate.”Ken Wong, chief technology officer (CTO) for CQURE, a tech company headquarte
Airport's $14m loss 'not major concern'
Nassau’s airport operator says its latest $14.153m net loss, and $56.5m total deficit, is “not a significant concern” as it continues to meet all payments on its $500m-plus debt.The Nassau Airport Development Company (NAD), in e-mailed replies to Tri
Water Corp targets saving 'millions' via governance reform
Wide-ranging corporate governance reforms will save the Water & Sewerage Corporation “millions of dollars”, its chairman is asserting, while enabling it to “embrace a business-like” culture.
Insurers: VAT treatment clarity 'extremely critical'
Insurers are warning the Government it is “extremely critical” it clarify the VAT treatment of property and casualty products with another hurricane season less than a month away.Industry executives told Tribune Business it was “urgent” that they “ge
Fly fish chief slams ‘doom and gloom’
The Bahamas Fly Fishing Industry Association’s (BFFIA) president yesterday fired back at opponents of the industry’s regulations, suggesting they were pushing a “doom and gloom” narrative to pressure the Government to back down.
Deficits 'thing of the past' if oil explorer succeeds
Oil exploration success would make The Bahamas’ fiscal deficits “a thing of the past”, a former Cabinet minister is arguing, with the benefits felt before a single barrel is pumped.James Smith, pictured, a Bahamas Petroleum Company (BPC) director, to
Bahamian firms warned over EU data regulations
A Bahamian information manager has warned that local firms could be exposed to hefty financial penalties if they fail to comply with impending European data protection rules.Chris Sawyer, pictured, Sunryse Information Management’s president, warned t
App exposes Bahamas to global travel audience
An app showcasing The Bahamas and its attractions to the world has hit the market.Aye! Bahamas Travel Guide has unveiled its smartphone application – a palm-size, digital brochure designed to make tourists and potential visitors aware of where to sta
Airline adds five flights for Xmas
American Airlines has added five new flights with 453 total seats to its Bahamas routes, increasing the number of non-stop and connecting flights from three major US cities.Beginning in December 2018, the new flights will offer more options and impro
Sebas: 'I smell a rat' - Threatens legal action over $50m project stall
Sebas Bastian’s property development arm is threatening to sue the Ministry of Works over “discriminatory and biased treatment” of its $50m corporate office project.The Island Luck chief’s Veridian Development Group on Wednesday issued the Ministry,
'Huge step' for oil exploration 'game changer'
An oil exploration “game changer” for the Bahamas took “a huge step forward” yesterday with the signing of a three-month exclusivity deal on a drilling joint venture.Simon Potter, the Bahamas Petroleum Company’s (BPC) chief executive, told Tribune Bu
Island Luck chief: It's 'stifling growth'
Sebas Bastian yesterday said he “smells a big fat rat” over the enforced eight-month halt to his $50m project, with the delay highlighting how Bahamian economic growth “is stifled”.The Island Luck chief told Tribune Business it was “little wonder inv
