Scotia executives discuss industry future with Pinder
Scotiabank executives have discussed the Bahamian financial services industry’s future with Ryan Pinder, minister of financial services.
Melia's Bahamian farm ties paying dividends
The Melia Nassau Beach Resort’s decision to create links with local farmers is getting strong reviews.
Superfast videos aid Bimini firms
Resorts World Bimini (RWB) says it is fulfilling its promise to promote Bahamian businesses on the islands on board its Bimini SuperFast cruise ship, with the featured companies already feeling the effects.
Gov't approvals flaws 'fatal' for investors
The Government’s failure to follow statutory approvals processes is “potentially fatal” for investors, a well-known QC said yesterday, with the Blackbeard’s Cay verdict showed their projects “could be closed down when in full flight”.
Activists 'euphoric' on Blackbeard's Cay verdict
Environmental activists were yesterday “thrilled” and “euphoric” after the Supreme Court ruled that the Government had failed to follow statutory processes in approving the $8 million Blackbeard’s Cay project.
Developers urged: 'Follow the law, not the Gov't'
The Bahamas Chamber of Commerce and Employers Confederation’s (BCCEC) chairman said yesterday’s Blackbeard’s Cay verdict was telling investors: “Follow the law, not what the Government tells you.”
Carrier's $40m spend waits on Gov't approval
A Bahamas-based communications provider will invest at least 80 per cent of its planned $50 million capital expenditure programme in this nation, once the Government approves its majority acquisition by an international player.
Commercial fishfarming 'the way for the Bahamas'
Commercial fish farming is being eyed as “the way forward for the Bahamas”, this nation’s Food and Agriculture Organisation (FAO) ambassador yesterday confirming that the absence of a defined aquaculture policy had blunted its “substantial potential”.
MP: All natural resource earnings in sovereign fund
The Opposition’s finance spokesman yesterday backed the Government’s plan to create a sovereign wealth fund in principle, arguing that it should receive all royalty payments related to exploitation of this nation’s natural resources.
Banks see debit card fraud, ABM 'skimming' rise
The Clearing Banks Association (CBA) said yesterday it has seen increased trends of debit card fraud and ABM skimming, with credit card fraud an “ongoing challenge”.
Bird-based tourism set to take flight
A Bahamas National Trust (BNT) team recently participated in a project kick-off meeting hosted by the National Audubon Society (NAS) and the Multilateral Investment Fund (MIF), aimed at educating all parties about bird-based tourism as a sustainable development tool.
Maximising the benefits from change processes
By Ian Ferguson
Ex-Minister, FNM Senator lose real estate licences
A former PLP Cabinet Minister, current FNM Senator and well-known cleric are among the almost 70 realtors unable to practice because they have failed to pay their annual licence fees, with one yesterday blasting the Bahamas Real Estate Association’s (BREA) Board for “sheer stupidity and disrespect”.
Hotels receiving constant updates on Chikungunya
The Bahamas Hotel and Tourism Assocation (BHTA) said yesterday that it was in constant communication with key health officials over the Chikungunya virus, after four new cases were confirmed this week.
Tax Coalition chairs: Jan. 1 VAT a 'long shot'
The Tax Coalition’s co-chairs yesterday conceded it will be “a long shot” to implement Value-Added Tax (VAT) by the January 1 target date, with the International Monetary Fund (IMF) disappointed the Bahamas did not meet the original deadline.
