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CHAMBER VOICE: Emphasise productivity mediums before social

We exist in an advanced technological age. Everyone in our corporate world is required to master some form of technology in order to survive and perform even their basic functions.

Baha Mar confident over airlift increase

A senior Baha Mar executive said he was confident the necessary extra airlift will be in place by 2014 to accommodate the mega resort as well as other Bahamian hotels.

Bahamas to explore 'two tier' fund regulation

The Bahamas may have to explore creating a ‘two-tier’ regulatory structure for the benefit of investment managers and their funds that want to access the European Union (EU) market, Tribune Business was told yesterday

Top realtor backs $500k investment bar rise 'for sure'

A top realtor yesterday said the permanent residency investment threshold should be increased to $750,000 “for sure”, while calling on the Government to spark land development through incentives, not penalties.

Gov't real estate plans may 'hurt more than help'

The Government could hurt more Bahamians than it benefits if current real estate policy thinking ends up restricting who can buy and own property in certain locations, a top realtor warned.

'Shocked' if oil firm's share offering approved

A former top Securities Commission official yesterday said he would be “shocked” if the regulator approved the Bahamas Petroleum Company’s (BPC) planned Bahamian Depository Receipt (BDR) share offering, on the grounds that the company’s primary listing was not on a top-tier stock exchange

'We must behave like businesses in first world'

The Government’s planned Value-Added Tax (VAT) and other reforms are being driven by international trade treaties, a well-known attorney said yesterday, warning the private sector: “We must act like first world businesses.”

Private sector urges land, foreign currency borrowing reforms

By NEIL HARTNELL The Government has been urged to create a land registration system and enable Bahamians to borrow in foreign currency.

FOCOL energy JV eyes 'over $100m' savings

FOCOL Holdings and its international partners yesterday pledged to save the Bahamas “in excess of $100 million per annum”

Gov't 'tying up' loose ends' on $8.3m Feb Point

The Government is “just tying up some loose ends” in approving the $8.3 million purchase of Exuma’s February Point development by Florida-based investor, John McGarvey.

Scotiabank wins Internet award

Scotiabank has been named as one of the Best Consumer Internet Banks in the Bahamas by Global Finance Magazine.

Palm Cay's vendor hires boost economy

The $200 million Palm Cay development says it is quietly stimulating the economy by investing millions of dollars in construction-related activities, plus partnering with local professionals, banks and vendors.

Venture fund undaunted by Out Islands' 67% fail

THE Government-sponsored venture capital fund is targeting a three-year strategic plan.

Oil recovery plant in six fold expansion

A Freeport-based waste oil recovery plant is planning to increase its capacity six-fold.