Price Commission sends 'gouging' report to the AG
The Price Commission has forwarded its report on complaints of pre-Hurricane Irma price gouging ahead to the Attorney General’s Office, its chairman has confirmed.“We forwarded our findings to the AG’s Office, and we are awaiting a review from them b
AG: Bahamas ‘in danger’ over money launder flaws
The Attorney General yesterday slammed deficiencies in this nation’s anti-money laundering regime as “entirely unacceptable”, warning they had put the Bahamas “in great danger”.
Bran grounded by aviation red tape
The Democratic National Alliance’s (DNA) leader yesterday revealed that his family’s aviation investment had been grounded by the year-long failure to obtain the necessary permits.
Govt targets $90m cruise passenger spending boost
The Government is targeting a near-28 per cent increase in cruise passenger spending yields to generate an extra $90 million in annual tourism revenue, a Cabinet Minister said yesterday.
AG blasts Christie Govt for Save the Bays ‘overreach’
The Attorney General yesterday accused the former Christie administration of “overreach” by appearing to target Save the Bays with new non-profit organisation regulations.
RBC: Loan activity fall drives fee rises
A Royal Bank of Canada (RBC) executive yesterday said competition and demand have driven it to a digital banking platform, with 23,000 clients in the Bahamas already using its banking app.
Minister promises 'revolutionary change' over ease of business
A Cabinet Minister yesterday promised the Minnis administration will deliver “revolutionary changes” to improve the ease of doing business, adding: “We can’t maintain the status quo.”“This government understands that the ease of ‘doing business’ has
Opposition rejects IMF's income tax
The Opposition’s finance spokesman yesterday demanded “less talk and more action” from the Government, while affirming his party is against the IMF’s income tax proposal.Chester Cooper, addressing the House of Assembly on the ‘Speech from the Throne’
Govt urged: Focus on eco-resort incentives
The Government was yesterday urged to offer specific incentives for eco-friendly resorts in the Family Islands, a non-profit co-founder arguing this segment would offer higher visitor value.Shaun Ingraham, One Eleuthera Foundation’s co-founder, speak
$500m developer targets Ginn property acquisition
A Canadian-based developer with $500 million in assets has emerged as the potential buyer for the former Ginn sur mer project in Grand Bahama’s West End, Tribune Business can reveal.
Accounting firm plans 25% staff ‘ramp up’
A Bahamian accounting firm is aiming to “ramp up” staffing levels through 25 per cent growth over the next year, as it eyes opportunities in the digital space.
Union chief backs workers financing their retirement
A union chief yesterday backed workers contributing to their pensions, and slammed Bahamas Power & Light (BPL) for failing to address its $110 million pension deficit.
Renewable energy backlash on BPL utility-scale ‘no go’
Renewable energy professionals yesterday rejected PowerSecure’s dismissal of utility-scale solar for New Providence, describing its model costs as “extraordinarily high”.
Contractors chief rejects PM’s ‘no build’ on coast
The Bahamian Contractors Association’s (BCA) president yesterday said ‘no build’ zones are not required, but better Code enforcement is.
Fishermen 'welcome' new exigency order
The Bahamian fisheries sector will “welcome” any help it can get, after the Prime Minister yesterday unveiled an exigency order to assist the sector and farmers following Hurricane Irma.Dr Hubert Minnis, during a communication in Parliament, said: “T
