Chamber: Data breach reports ‘quite a number’
The Bahamas Chamber of Commerce and Employers Confederation (BCCEC) has received “quite a number” of data breach reports from local companies, its chief executive said yesterday, with most not wanting to make such information public.
Chamber eyeing trade mission ‘match make’
The Bahamas Chamber of Commerce and Employers Confederation’s (BCCEC) chief executive said yesterday that it was ‘encouraged’ by the reception for this week’s joint trade mission with the Government to South Florida, and was now planning “match making” for potential partnerships with local firms.
Bahamian firm teams over cyber insurance
A Bahamian company has partnered with a UK-based cyber technology insurance broker to offer this product to local businesses.
Bacardi loses pollution evidence strike-out bid
The Bacardi plant’s former owner yesterday failed in its second bid to ‘strike out’ evidence that chemicals associated with its rum production potentially had “far-reaching health implications” for residents of the adjacent Venice Bay community.
Bahamian oil explorer still in ‘a paradox’
A Bahamas-based oil exploration firm’s search for a joint venture partner remains trapped by a “paradox”, its chief executive said yesterday, with just seven months left before its deadline to drill a first well expires.
Court of Appeal sinks auto-dealing plumber’s $55k damages demand
The Court of Appeal has rejected a Government plumber’s $54,650 damages claim against a local customs broker, finding that injuries he sustained in a traffic accident did not cause the closure of his auto dealership.
‘No basis’ for OECD to assume Bahamas CRS non-compliance
A prominent QC says “there is no basis” to assume the Bahamas will miss its automatic tax information commitments, as the OECD’s ‘unofficial spokesman’ poured scorn on his suggestion that the country find 50-60 exchange partners prior to 2018.
Bran: Taxpayers ‘foot party bill’
The Democratic National Alliance’s (DNA) leader yesterday challenged the Government to reveal whether it “knew from inception” that Bahamas Junkanoo Carnival would be a loss-maker, adding that the taxpayer was “footing the bill for a party”.
‘Road map’ for solving City Meat pensions set
The Supreme Court was yesterday said to have laid out “a road map” for former City Markets workers and pension beneficiaries to receive the multi-million dollar payout due to them, following a four-and-a-half year court battle.
Baha Mar staff in Hobby Horse fear
Baha Mar’s claims committee chairman yesterday said he was “not familiar” with a “third party” entity whose former employees are increasingly fearful that they will be excluded from the creditor payouts.
FNM deputy: $20m ‘down tubes’ over Junkanoo Carnival
The FNM’s deputy leader yesterday charged that almost $20 million in taxpayer monies has “gone down the tubes”, amid increasing evidence that Bahamas Junkanoo Carnival cannot be sustained without government subsidies.
Commission targets ‘privatising’ Carnival
The Bahamas National Festival Commission (BNFC) yesterday said the privatisation of its activities and Junkanoo Carnival is the end goal, its chairman saying: “That has always been our objective.”
Gaming Board confirms Island Luck acquisition
An Island Luck affiliate has applied for Gaming Board approval to acquire a 65 per cent majority equity stake in the rival Bahama Dreams web shop chain.
IT miss exposes NHI to ‘US-fraud levels’
A well-known physician yesterday warned that the National Health Insurance (NHI) scheme could be exposed to “US-style fraud levels”, after the Government admitted the necessary IT system will not be ready for its January 2017 launch.
Bahamas urged to ‘immediately’ seek 50-60 tax partners
A prominent QC yesterday urged the Bahamas to “immediately” begin the process of seeking out automatic tax information exchange partner countries, arguing that it needed to seal 50-60 such agreements by the 2018 deadline.
