BORCO parent to appeal $17m damages limit
The Bahamas Oil Refining Company’s (BORCO) parent plans to appeal a ruling that leaves it with a potential multi-million dollar jetty repair bill to the Privy Council.
Banks: 40% yet to assess impact from risk method change
Some 40 per cent of bank and trust companies surveyed by the Central Bank of the Bahamas have yet to study how their capital requirements will be impacted by the regulator’s preferred credit risk measurement.
Radio show seeking to inspire entrepreneurs
A young Bahamian entrepreneuer is aiming to inspire others to follow in her footsteps through a new radio show on ZNS.
Baha Mar names general counsel
The $3.5 billion Baha Mar project yesterday said Whitney Thier had been named its executive vice-president and general counsel with immediate effect.
Govt 'not talking enough about fiscal reform'
The Government is “not talking enough about fiscal reform” according to a leading private sector executive who urged the Government to make fiscal responsibility a “very high priority”.
Vehicle title system 'pointless' without physical inspection facilities
The absence of facilities to carry out detailed physical vehicle inspections in the country could render a title system “pointless” according to the principal of a local solutions provider.
Labour cost increase could make country 'less competitive'
Increasing the cost of labour in the country could make The Bahamas regionally “less competitive” , a private sector executive, stating that this nation must see its gross domestic product (GDP) at a rate of 5.5-6 per cent to affect unemployment levels and climb out of its current fiscal crisis.
Aviation exec calls 'underground sector' into question
A well-known Bahamian airline executive has questioned whether the government was effectively trying to put domestic carriers out of business by allowing what he labelled as an “underground aviation sector” to exist.
Impress the boss
Personal Marketing and branding is a skill that many ignore in today’s work environment. Employees do not realize how much high performance in the work environment is vital for upward mobility and employee reward and recognition. How your boss sees you and how they talk about you in the corporate boardroom matters.
160 students to receive guaranteed job offers from Baha Mar
A TOTAL of 160 students who have completed Baha Mar’s Leadership Development Institute (LDI) curriculum will graduate on Tuesday.
Aviation exec warns fee increases will make domestic travel ‘prohibitive’
A well-known Bahamian airline executive yesterday warned that fee increases being proposed by the Nassau Airport Development Company (NAD) would make domestic air travel “prohibitive”, describing such increases as an “obstacle” to Family Island development.
BNT eyeing 'rough' Q4 over funding concerns
THE Bahamas National Trust (BNT) is refining its fund raising strategy its executive director said yesterday, telling Tribune Business that the third quarter of the year is “going to be rough” unless it is able to obtain significant funding.
Canadian couple sought over alleged $7m fraud
A Canadian couple accused of defrauding and misappropriating $7m belonging to investors through various Canadian and Bahamian shell companies are believed to be hiding out in the Bahamas and central America.
Sky Bahamas enjoys summer with 85% load on relaunched route
SKY Bahamas said yesterday that it was seeing 80 to 85 per cent load factors on its recently re-launched Freeport-Fort Lauderdale route, highlighting what its chief executive described as a “very good summer” for the Bahamian-owned airline.
Gray praises common purpose of co-operative regulators conference
REGULATORS for ten Caribbean countries took part in the Caribbean Association of Regulators of Co-operatives (CASROC) two-day conference at Superclub Breezes, under the theme “Emerging Risks and Effective Supervision of the Co-operative Sector in the Caribbean – Revitalization of CASROC to meet new challenges and entrepreneurship”.
