Union chief challenges Customs overtime pay
A trade union president is challenging the explanation given by Bahamas Customs’ top official for why overtime and transportation payments due to officers have been delayed.
Cruise port targets 11% passenger rise to 6.2m
Nassau Cruise Port is targeting a further 600,000 passenger increase to 6.2m for the 2025 full-year, it was revealed yesterday, with visitor volumes for January to-date up 5 percent year-over-year.
PM urges legal capacity boost for AI and Fintech
The Prime Minister last night called for the building of Bahamian legal capacity in areas such as climate change and artificial intelligence (AI) while calling on this nation to fulfill its arbitration centre potential.
Man killed on Cowpen Road knew shooter, says brother
THE brother of a man shot and killed over the weekend claimed his brother knew the shooter and “hailed” him before he was fired on without provocation.
Tourism pushes to expand downtown art and murals
The Ministry of Tourism yesterday said it is preparing to expand its Downtown Nassau mural project by requesting more Bahamian artists to “showcase their talent” as others complete their work.
Unions cautiously optimistic on upcoming Gov’t meetings
Bahamian trade unions are viewing upcoming meetings with Cabinet ministers and government negotiators in a bid to resolve their industrial grievances with cautious optimism.
Caribbean first aims to bridge gap between insurance and technology
The Insurance Commission of The Bahamas has launched a six-week online initiative, the InsurTech Compliance, Innovation and Regulatory Practices (ICIRP) course, in a bid to marry supervision with the digital age.
Bahamas must unlock $3bn excess liquidity, banker says
The Bahamas must unlock the $3bn-plus excess liquidity in its commercial banking system to drive greater economic growth and investment activity, a senior banker has warned.
DEREK SMITH JR: AI’s expanding role in corporate governance
Governance, risk and compliance (GRC) functions are undergoing significant changes, driven by rapid technological advances and increasingly stringent regulatory demands. Companies must adapt to this evolving landscape to remain competitive and compliant. Emerging technologies such as artificial intelligence (AI) are at the forefront of these transformations, offering both opportunities and challenges.
Water Corp challenged by supply and demand woes
A union leader yesterday confirmed a combination of increased demand and supply challenges forced the Water & Sewerage Corporation to implement conservation measures on New Providence for seven to ten days.
CCA: Sarkis ‘betrays his worry’ over examiner bid
Baha Mar’s contractor says Sarkis Izmirlian is “betraying his concern” that its appeal will overturn the $1.642bn damages awarded to him by seeking to “frustrate the orderly” Chapter 11 process.
Mosko project gets planning go-ahead
The Mosko Group has received approval for its Rock Point “day trip” destination on New Providence’s north coast from the Government’s planning authorities.
Gov’t urged: ‘Bite the bullet’ on home crisis
The Government must “bite the bullet” and absorb land costs, a Bahamian engineer asserted yesterday, arguing that it is “the only way” to resolve this nation’s affordable housing shortage.
Investor pays taxes for 20 years but doesn’t own land
A foreign investor paid more than 20 years worth of real property taxes on Eleuthera property that the Government approved it to acquire only to discover that it is not the land’s rightful owner.
Marinas seek ‘mercy’ with boating-related food sales off 20%
Bahamian food stores have reported a 20 percent decline in sales to visiting boaters, a marina chief has revealed, while asserting: “Hopefully someone will show us some mercy this year.”
