Consumer protect chief: ‘We must save banking’
The Consumer Protection Commission’s (CPC) chairman yesterday repeated his calls for more Bahamian-owned banks and greater regulation of banking fees, arguing: “We have to do what it takes to save banking in the Bahamas.”
Unions: Fine stubborn employers $5,000 daily
Trade unions want companies to be hit with a $5,000 per day fine if they fail to start industrial agreement talks within 45 days, with one leader urging employers to accept “full responsibility” for the worker-friendly reforms being imposed upon them.
Aliv takes 100 site options as BTC ‘Plan A’
Aliv will “revert to Plan A” and execute 100 mobile network site options if it cannot reach agreement with the Bahamas Telecommunications Company (BTC) within a reasonable time period.
FNM candidate confesses to $10k, 15-year tax debt
The FNM’s North Eleuthera candidate yesterday took “full responsibility” for his failure to settle a 15 year-old debt worth $9,500 to Bahamas Customs, and pledged to pay the full amount outstanding today.
Top Aliv exec: BTC has nothing worth copying
Aliv’s top executive has thrown down a challenge to the Bahamas Telecommunications Company (BTC), saying he sees nothing in its product offerings worth imitating.
Employers wait anxiously on labour law revisions
Bahamian employers were last night anxiously awaiting the revised draft labour law reforms, the Chamber’s chairman acknowledging that the private sector needed to provide “empirical evidence” earlier in the consultation process.
Top banker urges open policy on Immigration
The Bahamas will remain a “very attractive” private banking jurisdiction as long as its Immigration policies allow institutions to bring in external resources and skills when necessary, a top executive says.
‘We must get Grand Bahama moving’
The Minister of Tourism says he remains optimistic over the future of Grand Bahama’s tourism sector, while acknowledging that the island needs more than just hotels for the industry to rebound.
Aliv targets January 2018 for ‘break even’
The Bahamas’ new mobile operator yesterday said it expects to “break even” around January 2018, having gained 50,000 subscribers to-date despite not penetrating 45 per cent of the potential market.
New operator: ‘Big questions’ if further mobile porting miss
The Bahamas’ new mobile operator yesterday said there would be “big questions” if the sector failed to meet the latest deadline for number portability’s launch.
MAB chief: Top doctors are not signing to NHI
The Medical Association of the Bahamas (MAB) president yesterday said this nation’s best doctors are not signing up for the National Health Insurance (NHI) scheme, with the Government’s efforts to woo and pressure them seemingly failing.
Bishop warns Govt: ‘Don’t make serious mistake’ on CLICO
An outspoken CLICO (Bahamas) policyholder yesterday warned the Government it will “make a serious mistake” if it allows the imminent general election to interfere with fulfilling its compensation pledges to Bahamians.
Union leader doubts Govt will ‘acquiesce’ to more labour reform
A trade union leader yesterday expressed doubts that the Government and employers will “acquiesce” to additional labour law reform demands.
IAN FERGUSON: How to develop a beneficial network
Business networking is the process of establishing mutually beneficial relationships with other business people, potential clients and customers. The primary purpose of business networking is to tell others about your business and, hopefully, turn them into customers.
Regulators urged to co-operate on quality
Bahamian regulators must collaborate and streamline their efforts to promote standards and quality, the Bahamas Bureau of Standards and Quality’s (BBSQ) director said yesterday, noting that eight national standards had recently been adopted.


