Doctors targets lower costs in Health City’s $5m investment
Doctors Hospital shareholders were last night told to anticipate a dividend policy change in 12-15 months’ time as the BISX-listed healthcare provider unveiled a near-$5m investment from a premier Cayman provider.
Fidelity asserts no ‘one-year wonder’: Eyeing $20m profit
A BISX-listed bank is targeting a return to $20m profits for full-year 2025 despite falling narrowly short of its 2024 target after the traditional Christmas borrowing surge failed to materialise.
‘Chips are down’: Ex-Atlantis worker wins $121k for firing
An ex-Atlantis table gaming supervisor has won $120,960 in damages for wrongful and unfair dismissal after he was fired over “irregularities” involving the handling and alleged theft of $500 casino chips.
DPM demands Caribbean unity to attract extra airlift
The deputy prime minister has called for greater Caribbean collaboration to attract more airlift and route expansion to the region from Europe, the Middle East, South and Central America.
Aviation chief talks on regional competitiveness
The Government’s aviation sector head participated in a panel discussion on ‘Aviation competitiveness in the Caribbean’ during the Routes Americas 2025 conference last week.
Gov’t in egg buyback scheme as prices soar
The Government is seeking to boost domestic egg production via a buyback initiative as food stores report a tripling in import prices due to bird flu’s sharp impact on availability and the supply chain.
Opposition: Govt’s four month deficit ‘disastrous’
The Opposition last night slammed the Government’s “disastrous” fiscal performance after it emerged that the $274m deficit for 2024-2025’s first four months is almost four times higher than the full-year target.
Banish regulatory ‘handcuffs’ so that Freeport can thrive
Freeport must go back to its Hawksbill Creek Agreement roots and banish the red tape and regulatory “handcuffs” if it is to compete with multi-billion free trade zone rivals, a GBPA director asserted yesterday.
Doctors Hospital unveils healthcare finance entry
Doctors Hospital yesterday revealed plans to “directly insert” itself into financing affordable healthcare by late summer 2025 with “insurance-like pricing” up to 50 percent less than existing coverages.
GB Chamber president rejects abolishing GBPA
Calls to abolish the Grand Bahama Port Authority (GBPA) were yesterday rejected by a senior private sector executive who urged sceptics to “accept” it will exist for at least another 29 years.
Carnival choosing vendors ‘outside of Grand Bahama’
A Grand Bahama business owner said Carnival Cruise Line’s Grand Bahama project is not providing adequate opportunities for local businesses.
Natural resource protection ‘started from ground zero’
A former Cabinet minister who oversaw enactment of the much-criticised natural resources regulatory regime has defended its objectives as noble, while asserting: “We were starting from ground zero.”
‘We all win’: BISX targets early 2025 for private listings launch
The Bahamas International Securities Exchange (BISX) will launch the first of three new capital markets “layers” in the 2025 first half, its chief executive disclosed yesterday, asserting: “Everybody wins.”
Gov’t agencies ‘defaulted’ on multi-million NIB debts
The National Insurance Board (NIB) has had to contend with two government agencies defaulting on multi-million dollar debts owed to it with one still delinquent at year-end 2022.
Space X landing ‘opens up space tourism for nation’
The deputy prime minister yesterdays said hosting the landing of a SpaceX rocket booster gives The Bahamas a platform to enter a space tourism sector expected to generate $14bn globally by 2030.
