Criticism ‘justifiable’ on bank service and fee transparency
A senior banker yesterday said the industry is open to “justifiable criticism” over customer service standards, transparency in fee-setting and the transition to a digital payments system.
BISX-listed fund targets second acquisition in ‘24
A BISX-listed fund yesterday revealed it is targeting a second real estate acquisition before year-end 2024 as it bids to close the multi-million purchase of a Bay Street property next week.
Eleuthera utilities woes hurting vacation rentals
Long-standing Eleuthera vacation rental customers are deserting the island over its utilities woes with power and water providers yesterday said to be competing to outdo each other over outages.
Brewery blames ‘tax crackdown’ for shortfall
Kalik’s manufacturer has blamed a near-2 percent revenue slump during the 2024 first half on a government tax crackdown that disrupted “normal purchases” by some of its largest customers.
Minnis demands IPO for BPL grid company
An ex-prime minister yesterday demanded the Government revamp its New Providence electricity grid reforms by allowing “average” Bahamian investors to directly participate via an initial public offering (IPO).
Bahamas centre stage in Carnival itineraries
The Bahamas is set to feature prominently in the 2026 and 2027 itineraries for seven Carnival Cruise Line vessels that will sell from home ports at Miami, Port Canaveral, Galveston and Baltimore.
GB businesses suffer fire losses
Several Grand Bahama businesses lost inventory and equipment after fire a Monday evening fire engulfed the building that housed D’s Car Rental, Fast Forward Freight Logistics and Dove 103.7FM.
NHI doctor backs lab benefits ‘cap’
A National Health Insurance (NHI) provider yesterday said she understood why the Government has moved to impose “caps and limits” on the scheme’s laboratory benefits package.
Fears ‘abuse’ caused NHI lab benefits cap
An ex-health minister and the Bahamas Medical Association’s (BMA) president yesterday both suggested that “abuse” may have caused National Health Insurance (NHI) laboratory benefits to be capped.
‘Something went terribly wrong’ in Sunshine Finance loan battle
A judge has found “something went terribly wrong” with the Supreme Court’s handling of a near-$400,000 loan dispute involving Sir Franklyn Wilson’s finance company and his wife’s law firm.
Pintard urges GBPA ownership to ‘divest’
The Opposition’s leader yesterday urged the Grand Bahama Port Authority’s (GBPA) owners to “divest” at least part of their interest as he blamed them and the Government for Freeport’s economic state.
Lucayan buyer’s $2bn plan eyes knock down
The Grand Lucayan’s potential buyer plans to demolish all its existing properties to make way for three new hotel towers and two casinos as part of an investment that could hit $2bn.
NHI’s 160,000 face lab benefits ‘caps’
The National Health Insurance (NHI) scheme is set to impose “caps and limits” on a portion of the care benefits received by 160,000 Bahamians as part of further “cost containment measures”.
‘Temperature down’ but still BPL reform concern
Kyle Wilson, the Bahamas Electrical Workers Union’s (BEWU) president, said although the union still has outstanding concerns about how the government’s energy reform will affect employees the “temperature has turned down significantly” after meeting with officials.
Consultation launched on land reform
A CONSULTATION has been held by the Attorney General’s Office on the issue of land reform.
