Insurance chief urges PPP over storm risks
The Bahamas Insurance Association’s (BIA) chairman yesterday said a public-private partnership (PPP) is required to manage risks associated with catastrophic events such as hurricanes.
Companies challenged to offer internships
Bahamian businesses were yesterday urged to to offer more internships as a way of recruiting high school students, a move one academic believes could ultimately help curb this nation’s ‘brain drain’.
Switch to electric autos, firms told
Bahamian companies were yesterday urged to consider changing their vehicle fleet to electric cars, a move hailed as “good for the pocket and the environment”.
Bradford Marine eyes sale ‘options’
Bradford Marine’s general manager yesterday confirmed that the yacht repair facility is considering sales offers, with the likely buyer a multi-billion dollar private equity fund that recently eyed the Grand Bahama Port Authority (GBPA).
‘Perfect storm’ fear on Business Licence
Fears were mounting yesterday that the Government’s Business Licence reforms may create “a perfect storm” for the private sector, amid further calls for the filing deadline and $100,000 certification threshold to be changed.
Crime yet to cause investors to flee
Escalating crime levels have yet to cause any existing or potential investors to flee the Bahamas, the Government’s investments minister said yesterday.
Insurers refuse NHI data co-operation
Bahamian health insurers last night “unanimously” withdrew all co-operation with the Government’s National Health Insurance (NHI) costing exercise, due to the latter “entirely ignoring” advice submitted by themselves and others.
FNM deputy queries Bimini ferry ‘subsidy’
The Opposition’s deputy leader yesterday questioned how much the Government had committed in subsidies to Resorts World Bimini’s now-ceased cruise service, suggesting it had generated few taxpayer and economic benefits.
ART OF GRAPHIX: Colouring perceptions for consumer attention
Today’s marketplace is bombarded with products that are trying to get our attention at every turn, making it challenging for yours to stand out immediately from the crowd. Based on the way our natural senses function, colour is the best attention-getter, followed by shapes, symbols and, finally, words.
Xmas charity donations decrease by nearly 20%
MAJOR charitable organisations saw a decrease in donations of up to 20 per cent this past Christmas, with Hurricane Joaquin relief efforts thought to have already strained the pockets of potential donors.
Tourism backs ‘zero tolerance’ for jet ski law violators
The Bahamas Hotel and Tourism Association (BHTA) has pledged its support for efforts to “strictly enforce” watersports industry regulations, and backed a ‘zero tolerance’ approach towards violators.
Chamber eyes ‘critical’ trade mission to India
The Bahamas Chamber of Commerce’s chief executive yesterday described its upcoming trade mission to India as “critical” to expanding opportunities for Bahamian commerce.
Bahamian broker in $25m sanction
A former Bahamian broker/dealer and its principal have been hit with a combined $24.484 million in financial sanctions by a US court, which found that their “ill gotten gains” were likely higher than allowed for by federal regulators.
Exuma ‘retarded’ by $14m clinic’s two idle years
Exuma’s economic growth is being “retarded” by the two-year wait to open the island’s $14 million mini-hospital, its Chamber of Commerce president yesterday describing the facility as “a source of confusion”.
Resorts World yet to make Bimini all-year
Resorts World Bimini (RWB) has yet to live up to its promise of turning the island into a year-round tourist destination, several residents residents told Tribune Business yesterday, amid the developer’s transportation restructuring.
