Condo development denied by Department of Physical Planning
PLANS for the Neveah Group Enterprises’ Palazzo Vista Del Mar project - to be located on a 21,000 square foot site south of Da Plantation Bar and Grill off West Bay Street - were shot down by physical planning officials who considered the project to be an “over-development” of the site.
Bank signs agreement to back equality project
THE Bahamas Development Bank (BDB) and Food and Agriculture Organization (FAO) of the United Nations (UN) signed an agreement aimed at advancing the Joint Sustainable Development Goals (SDG) Fund’s Building Back Equal project.
DEREK SMITH: The intersection of infosec and compliance
The saying “Trust is good, but control is better” is ever more pertinent as the digital frontier expands at an unprecedented rate, especially for financial institutions in developing countries. Yet, in the pursuit of compliance, we often overlook a critical point: compliance is more than just a regulatory requirement; it is a strategic asset that fosters innovation, trust, and growth.
National debt up as spending rises faster than revenue growth
The Central Bank revealed yesterday that the national debt grew by $206m over the last quarter.
Pintard hits out at JDL as operations to begin
In a widely circulated memorandum yesterday, the chief operations officer of JDL Cargo Management said that effective February 19 the company was to commence operations within the Lyndon Pindling International Airport (LPIA).
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.
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.
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.
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.
‘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.
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.
