Local Business

Subscribe

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.

Ex-BEC chief: ‘No knowledge’ put on Board

A former Bahamas Electricity Corporation (BEC) general manager believes he was appointed “without my knowledge” to the same company Board on which the National Health Insurance (NHI) scheme’s architects also sat as directors.

Bahamas will ‘get to grips with’ open up for arbitration

A former Bar Association (BBA) president yesterday said he was optimistic the Bahamas would “come to grips” with permitting foreign attorneys and other specialists to enter this nation in order to develop an international arbitration centre.

Replace ‘green’ talk with action in 2016

I want to challenge my readers – both companies and individuals - to make this resolution: Add more green to your 2016. I want to challenge my readers – both companies and individuals - to make this resolution: Add more green to your 2016.

Bahamas to match world leaders via UN model reforms

The Government’s plans to adopt United Nations (UN) model law into Bahamian legislation will enable this nation to match leading international arbitration jurisdictions for “high quality service’, a legal specialist said yesterday.

Web shop spread curbs ‘critical’

A Cabinet minister said yesterday that curbing the spread of web shops across the Bahamas “is still fundamental” to the Government’s gaming industry reforms.

Minister: Bimini will still have ferry service

The Minister of Tourism said yesterday that Bimini would likely benefit from more overnight visitors with Resorts World’s (RWB) decision to reintroduce non-stop commercial flights to the island from Florida, but promised: “We are not going to allow Bimini to not have a ferry service.”