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Cable scores 900 sport subscribers with World Cup

Cable Bahamas has added an estimated 800-900 subscribers to its sports package since the soccer World Cup started, with a senior executive confirming it was still trying to “clear up” transmission quality issues with the master Caribbean rights holder.

Court confirms 2,086 acres for Wilson's Eleuthera development

A Supreme Court judge has granted Franklyn Wilson’s Eleuthera Properties a Certificate of Title to 2,086 acres on the island, branding five rival claims to the land as “not credible”.

Chamber chair: Brain drain 'very concerning'

A leading private sector executive said yesterday it was “very concerning” that the Bahamas was losing two-thirds of its “brightest and best” to developed countries, with a major employer adding that it had done “more than our share” to provide opportunities for persons studying abroad.

Businesses back Culinary team

Numerous Bahamian businesses are supporting the National Culinary Team in a bid to ensure Bahamian chefs have the chance to compete in the elite ‘Taste of the Caribbean’ Culinary, Cocktail and Ice Sculpting Competition held in Miami each year.

Consultant to advise over aircraft registry

The Minister of Transport & Aviation said yesterday that a company has been selected to advise on developing a Bahamian aircraft registry.

HG Christie adds to realtor team

HG Christie has added well-known realtor Silvina Andrews and her almost-two decades experience to its team

Gov’t pension liability ‘absolutely staggering’

The Government’s unfunded pension liabilities have been described as “absolutely staggering”, a well-known financial expert noting they are projected to exceed 50 per cent of current GDP by 2032 without urgent reform.

Bahamas losing 2/3 of 'best and brightest'

Almost two-thirds of college and university-educated Bahamians have moved abroad to seek jobs in developed countries, costing this nation a sum equivalent to 4.4 per cent of annual gross domestic product (GDP).

Kelly's battles 'Customs bully'

Freeport businesses must “fight the Customs bully” to preserve their rights under the Hawksbill Creek Agreement, a well-known QC citing this as the reason for a major wholesaler’s continuation of a three year-old dispute.

Non-profit seeking partnership to fight 'unbelievable' piracy

Wreck salvagers and other heritage preservers will this week move to form a non-profit organisation that will work with the Government to combat “unbelievable” piracy that threatens a potential multi-million dollar industry.

Gov't impatience grows over South Ocean deal

The Government is growing increasingly impatient with South Ocean’s owner over finalising a preferred bidder for the property, with no formal application yet submitted to the Bahamas Investment Authority (BIA).

‘Valiant effort’ to close BTC deal

The Government and Cable & Wireless Communications (CWC) still have not closed their ‘2 per cent’ deal over the Bahamas Telecommunications Company (BTC), despite making a “very, very valiant effort” to do so last week.

Chamber gets on the move

The Bahamas Chamber of Commerce and Employers Confederation (BCCEC) will introduce its ‘Board of Directors on the Move’ initiative on June 18, in a bid to provide more accessibility to its members .

Gaming 'double taxed' if subjected to VAT

A leading accounting firm has warned that casino gaming would be subject to “double taxation” if it was made ‘VAT-able’, undermining the industry’s competitiveness and ability to attract world-class tournaments.

Real estate market 'fair' in first half

NASSAU-based realtors have described activity during the 2014 first half as “fair” and “steady”, with some noting significant activity in the high-end market.