Local Business

Subscribe

Court upholds order to pay former NIB director benefits

An Appeal Court Justice yesterday upheld an order for the National Insurance Board (NIB) to pay a former director pension benefits after losing a legal battle over her due retirement entitlement.

Tease photo

Inland revenue ‘confident’ of hitting property tax goal

Shunda Strachan, the Department of Inland Revenue’s acting director, said the agency has collected $95m in real property tax as at February and is confident that they will reach the $195m target.

Tease photo

IAN FERGUSON: How you can procure improved cost savings

Every business providing goods and services must pay close attention to the sourcing of materials needed in the business process.

URCA fears on price in communications market

Regulators have assessed the competition within retail fixed electronic communications service market and determined “excessive pricing” was a common anti-competitive concern for each retail market.

Tease photo

Carey wins Chamber vote and sets sights on future

James Carey maintained his position as the chamber president after the Grand Bahama Chamber of Commerce elections yesterday.

Cap to keep people from being priced out of broadband access

A CAP is to prevent both the Bahamas Telecommunications Company (BTC) and Cable Bahamas Limited (CBL) from pricing people out of entry level broadband plans.

Oil waste facility opens in GB

THE Clean Marine Group (CMG) has opened its MARPOL Port Reception Facility in Grand Bahama.

Tease photo

‘Cut out of the deal’

FORMER employees of the Lyford Cay Club say that they were “cut out of the deal” struck by the Bahamas Hotel, Catering and Allied Workers Union (BHCAWU) and the Bahamas Hotel and Restaurant Employers Association.

Tease photo

Agreement signed to help farmers to obtain loans

THE Bahamas Agricultural Industrial Cooperation (BAIC) signed a memorandum of understanding with the Bank of the Bahamas yesterday to provide loan facilities to farmers that wish to expand their businesses and acquire land.

‘Impossible’ to find funds for Bahamian farming

FARMERS say that they continue to face issues with obtaining financing - with a number of obstacles in their path.

Tease photo

Parking, access and occupancy among concerns over project

NEIGHBOURS of a proposed western condo development raised concerns at Department of Physical Planning public hearing last night.

Tease photo

Caribbean’s First BeAlert App Promises Safety

A BAHAMIAN company has launched a new emergency response app.

Tease photo

Cooper: Show national pride in tourism sector

The Ministry of Tourism Investments and Aviation launched its “Tourism is Everyone’s Business” domestic campaign yesterday which aims to educate the public on the importance of the country’s largest industry

More than 100 investors at risk of losing crowdfund investment

A former Colina Insurance Company chief and at least 115 fellow investors are in peril of losing most, if not all, their combined $2.4m-plus investment in the insolvent ArawakX crowd-funding platform.

Liquidators ‘blocked as ArawakX set up similar operation in US’

ArawakX’s provisional liquidators have accused the crowd-funder’s principals and owner of its website of colluding to deny them control of the platform while setting up a similar US-domiciled operation.