Broker targeting 3,000 clients for cyber cover
NUA Insurance Agents & Brokers is targeting up to 3,000 clients with its newly-launched cyber liability insurance coverage, a product designed to give businesses protection from online exposures such as e-theft.
Palm Cay condo offer exceeding sales goal
An oversubscribed offering resulted in all eight residences in Palm Cay’s second phase Anchorage condominium project being snapped up at the weekend, and created a waiting list for more.
Multi-billion developers eye Ocean Club purchase
An Argentine developer and his Ukrainian-born billionaire partner are the duo seeking to acquire the One & Only Ocean Club from Brookfield Asset Management, Tribune Business can reveal, although no deal has been sealed yet.
Baha Mar 'discussed' Dec. 1 opening delay
Baha Mar discussed delaying its target December 1, 2014, opening date with at least one of its proposed resort operating partners, court documents have revealed.
Rival operators 'clamouring' for Baha Mar chance
A key Cabinet minister said yesterday that Morgans Hotel Group’s move to terminate its management agreement with Baha Mar was not “overly concerning”, suggesting that other brands would be “clamouring” to get on-board with the $2.6 billion development.
'Non-negotiable' tax reform complements
A Tax Coalition co-chair yesterday described improving the Government’s financial reporting to meet international standards as “non-negotiable”, and urged the Bahamas to follow New Zealand’s lead by legislating fiscal responsibility.
Broker submits eight defences to S.E.C. claims
A former Bahamian broker/dealer and its principal have submitted eight defenses to allegations by US regulators that they participated in an “illegal unregistered offering and sale” of securities that netted $11.4 million for clients.
Dredger arrival sparks renewed Bimini concern
Environmental activists were outraged yesterday after a mammoth dredger arrived off Bimini, and expressed fears that construction of a controversial cruise ship terminal was pressing ahead in contravention of the Court of Appeal’s warning.
Central Bank warning: recovery 'very fragile'
The Central Bank of the Bahamas yesterday warned that this nation’s recovery remained “very fragile”, with official government data suggesting the economy grew by “a mere” 0.7 per cent in 2013.
Gov't still eyeing Land Registry plan
The Government is still aiming to develop an “integrated and comprehensive” package of reforms that would create a Bahamian Land Registry, a Cabinet Minister telling Tribune Business this was part of wider economic development and planning efforts.
Exuma Advisory Council to hold second meeting
Another meeting of the Exuma Advisory Council has been called by the island’s Chamber of Commerce next month, this time to be held at Sandals Emerald Bay.
MARKETING REVOLUTION: Headlining your major products
You should strive to make your products and services newsworthy. If you say it, it is either based on sales or you are bragging, but when The Tribune or the BBC reports it, it is news, fact, and a positive affirmation for what you are doing.
'Tsunami of disregard' for statutory process
Bahamian law has been repeatedly ignored to the benefit of wealthy developers due to a “culture of subservience” among civil servants, attorney Fred Smith, QC, told the Supreme Court.
Hard Rock Café to reopen 'in the next few weeks'
Hard Rock Café (Nassau) is set to reopen at its former Charlotte Street location “in the next few weeks” the franchise’s parent company announced yesterday, revealing that the building’s landlord will be the new franchisee.
Price control abolition 'all politics'
THE Retail Grocers Association head suggested yesterday that the price control abolition issue was “all politics”, claiming that successive governments had passed on abolishing price control for fear it would be used as a political football against them.
