Local Business

Subscribe

Baha Mar: Ex-PM to ‘hold feet to fire’ on residents’ fears

A former prime minister yesterday pledged he and nearby residents will hold Baha Mar and the Government’s “feet to the fire” over noise and health fears stemming from the mega resort’s likely use of two-plus acres that will “unlock” its $350m expansion project.

IAN FERGUSON: How Bahamian companies overcome labour shortages

As The Bahamas continues to experience a persistent shortage of skilled labour, local businesses are being pushed to rethink how they recruit, retain and manage talent.

Bahamas’ perfect anti-financial crime score can ‘all be undone very quickly'

A Cabinet minister yesterday warned that The Bahamas’ perfect compliance with the 40 recommendations set by the world’s anti-money laundering standard setter can “all be undone very quickly” as this nation prepares for its fifth round of assessments.

New construction permits exceed $1bn value mark

The Bahamas last year breached the $1bn mark in the value of new construction permits issued, it was revealed yesterday, as their collective value increased by $305m compared to 2023.

Realtor teams with developer on Lyford Hills second phase

A Bahamian realtor has teamed with Lyford Hills to officially launch the second phase of the western New Providence community’s development with a mixture of single family and multi-family lots.

Family Island hotel chief urges sweeping cost cuts

The Bahama Out Island Promotion Board’s president yesterday called for a co-ordinated national strategy to lower costs and improve efficiency so that the tourism industry remains competitive as he warned the sector cannot remain viable without sweeping expense reductions.

AI adoption is only way for Bahamas to compete

Adoption and use of artificial intelligence (AI) tools is the only way The Bahamas will be able to compete globally, a technology specialist argued yesterday.

Tease photo

Gov’t paying $39m to buy Harbourside from Doctors

The Government is paying $39m over a ten-year period to acquire the recently-completed Harbourside in-patient facility on East Bay Street from Doctors Hospital, it was revealed yesterday.

Tease photo

Rosewood Exuma opponent in legal challenge go-ahead

Opponents of the $200m Rosewood Exuma resort yesterday hailed the Supreme Court go-ahead for their bid to overturn the project’s environmental approvals on the basis that they were obtained via a “shifting series of plans”.

Insurers: Make sure NHIhas ‘necessary resources’

Bahamian health insurers yesterday urged the Government to ensure the National Health Insurance (NHI) overseer has the “necessary resources” to properly implement its newly-legislated mandate, adding: “As long as they’re ready, we’ll be ready.”

Tease photo

Grand Lucayan buyer awaiting building go-ahead in early 2026

The Grand Lucayan’s purchaser is expected to receive the necessary permits and approvals to proceed with construction activities during the 2026 first quarter, it was revealed yesterday.

Vacation rental crackdown set for launch in early 2026

The Department of Inland Revenue will launch a crackdown on non-compliant vacation rental properties early in 2026 as registration remains below its expectations, it was revealed yesterday.

Hotel chief: Our air arrivals ‘lifeline somewhat slipped’

The Bahamas Hotel and Tourism Association’s (BHTA) president yesterday conceded that air arrivals to New Providence “have somewhat slipped” while cruise passenger visitors continue to expand.

Don't get locked in studying for a degree

Are degrees still relevant for business employment?

Airport hotel bids are due at end-February

Final bids to develop an airport hotel on six acres at Lynden Pindling International Airport (LPIA) are due by the deadline of February 27, 2026, it was revealed yesterday.