Commission teams with Ministry on financial literacy programme
The Securities Commission has partnered with the Ministry of Education (MOE) to develop and launch a financial literacy/investor education pilot study in the Bahamas.The pilot study, which is being launched this week, is designed to test the delivery
Govt agrees Nassau harbour boardwalk
The Government has agreed to the construction of a boardwalk along the Nassau harbourfront, the Minister of Tourism yesterday expressing hope this will spark downtown’s redevelopment.Dionisio D’Aguilar, addressing a Bahamas Chamber of Commerce and Em
Financial executives urged to 'change Bahamas perceptions'
Financial services industry executives yesterday expressed optimism over the sector’s future, arguing that this nation needs to “change the perception about doing business in the Bahamas”.Michelle Neville-Clarke, a partner at Lenox Paton, speaking as
Promotion Board 'playing cards dealt' on airlift fix
The Out Island Promotion Board yesterday said it was “playing the cards we have been dealt” in trying to boost tourism prior to fixing airlift connectivity.Kerry Fountain, its executive director, said “the biggest impediment to growth” in the souther
DPM: ‘No comfort’ from $9m first-month surplus
The Deputy Prime Minister yesterday said he “takes no comfort” in the $9.1 million Budget surplus achieved by the Government for the 2017-2018 fiscal year’s first month.
'No way in hell' Bahamas can relax on higher GDP
There is “no way in hell” that the Bahamas can take comfort in its improved fiscal ratios via the upward revisions to GDP data, a governance reformer warned yesterday.Robert Myers, a principal with the Organisation for Responsible Governance (ORG), t
Govt 'not resting on laurels' over GDP increases
The Deputy Prime Minister yesterday pledged that the Government “will not rest on our laurels” despite the improved fiscal ratios resulting from revised GDP growth figures.K P Turnquest told Tribune Business that the Minnis administration would not s
Sebas: Web shops 'least likely' to pose financial crime risk
Island Luck’s principal yesterday said web shops were the “least likely” sector to pose money laundering risks, as he slammed claims its legalisation had endangered the wider financial services industry.Sebas Bastian hit back at financial services ex
Tourism softness: Nassau/PI room revenues off 7%
Hotel room revenues on Nassau/Paradise Island fell by 7 per cent year-over-year to end-July 2017, amid warnings of “sustained softness in tourism”.The Central Bank of the Bahamas, in its monthly economic report for August, said data from a group of m
Realtor expands its global sales reach
A Bahamian real estate company has expanded its international services with the appointment of multi-linguist Bobby Chen to its sales team.Mike Lightbourn, Coldwell Banker Lightbourn Realty’s president, said Mr Chen was fluent in English, Mandarin, C
GB medical facility offers new treatment
A Grand Bahama-based medical facility yesterday unveiled a new treatment for patients with diffuse scleroderma.The Okyanos Center for Regenerative Medicine announced it is offering a new and advanced protocol, based on the STAR clinical trial, which
Bahamian fishing lodges 'left out'
Bahamian fly-fishing lodge owners yesterday said an inability to access capital and lack of government support had made it difficult to compete with foreign rivals, with one saying: “We are being left out.”Shawn Leadon, of Andros Outdoor Adventures,
Bahamian fish lodges, guides 'catching hell'
Bahamian bone-fishing lodge owners and guides in the southern Bahamas yesterday said they were “catching hell”, with some alleging that business is being steered to foreign-owned rivals.Nevin Knowles, owner of the Long Island Bone-fishing Lodge, argu
Governor: 'Great concern' remains over bank access
The Central Bank’s governor yesterday said correspondent bank ‘de-risking’ remains a “great concern”, given that the Bahamas’ current economic viability depends on these relationships.John Rolle told Tribune Business that the regulator had seen no fu
Minister's final decision on 'can of worms' fear
The Minister of Transport must make “the final decision” on whether to approve the introduction of ground transport provider fees at Lynden Pindling International Airport (LPIA), Tribune Business was told yesterday.Ross Smith, the Road Traffic Depart
