Bahamas intensifies Latin America push
The Bahamas Financial Services Board (BFSB) participated in the annual Hedge Fund Brazil Forum in Rio de Janeiro on April 3-4. As a sponsor, BFSB was able to field a promotional exhibit during the 3-day event.
Bahamas' WTO talks to conclude in 2015
THE Government is proceeding with preparation for World Trade Organisation (WTO) accession “in the normal course”, the Financial Services Minister said yesterday.
Union 'vehemently opposed' to Digicel
A union leader yesterday reiterated his “vehement opposition” to cellular giant Digicel winning a licence to operate in the Bahamas, arguing that Bahamians had enough expertise to enter the industry themselves.
Auto dealers strike 10% 'convert' return
Auto dealers yesterday expressed optimism that they would double their monthly sales average in April as a result of the recent Car Show, with some having already hit their 10 per cent ‘conversion’ return rate.
US chamber to give 'fantastic synergies'
THE Bahamas Chamber of Commerce and Employers Confederation (BCCEC) is seeking to establish an American Chamber of Commerce (AmCham) branch in the Bahamas, its chief executive yesterday saying there were “fantastic synergies” to be realised between both bodies.
No BTC deal 'quid pro quo' on outsourcing
The head of the Government’s negotiating team yesterday “categorically” denied that they agreed “a quid pro quo” that would see hundreds of Bahamas Telecommunications Company (BTC) jobs outsourced in return for regaining majority control.
BEC to pay $540k trespass damages
The Bahamas Electricity Corporation (BEC) was yesterday ordered to pay more than $540,000 in damages to a western New Providence developer for trespassing on its land.
$485m revenue boost via compliance norm
The Government could increase tax revenues by $485 million per annum if it just brought Customs duty and real property tax compliance up to international norms, a Tax Coalition co-chair yesterday warning its potential fiscal reforms were a recipe for “a failed society”.
Treasure salvage licence hopes are 'wrecked'
A senior government official yesterday seemingly ‘wrecked’ salvagers’ hopes for speedy licence approvals, revealing that a moratorium remained in effect and suggesting their motives did not necessarily align with the Bahamas’ national interests.
PM to head Eleuthera Business conference
The second annual Eleuthera Business Outlook is set for April 24 at the Cape Eleuthera Resort and Marina, with Prime Minister Perry Christie the keynote speaker addressing the theme: ‘Charting a course for growth in Eleuthera’.
Bahamian companies earn $150m from BORCO project
After three years and 1.3 million man-hours with zero loss time incidents, BORCO (Buckeye Bahamas) celebrated the work of both Bahamian and international contractors in completing its recent expansion project.
Bahamian passes the Series 7
Pamela Miller has passed the Series 7 exam after training with the Nassau-based Nastac Group.
Drive business strategies through creative thinking
I am hosting an international Judo tournament and training camp on May 10.
Storage facility in $250k upgrade
A Soldier Road-based storage facility has undergone a $250,000.00 refurbishment to upgrade its security features.
Baha Mar project 'gateway to Asia'
THE $3.5 billion Baha Mar development will be the gateway that “opens up” the Asian market for this nation, a leading realtor said yesterday, suggesting that “a lot of moving parts are in place” for the Bahamas to capitalise on it.
