70-room beach club next in Sebas’s $510m expansion
A 73-room beach club located at Love Beach likely marks the next stage in the $510m real estate expansion being pursued by Sebas Bastian’s Brickell Management Group (BMG).
‘Someone has to answer’ why BPL debt still $184m
THE Opposition’s leader yesterday demanded that “someone has to answer” why Bahamas Power & Light’s (BPL) $184m debt has not been cut more drastically after last year’s up to 163 percent fuel charge hikes.
Apprenticeship initiative to transform labour climate
A CABINET minister yesterday said the National Apprenticeship Programme will transform the way Bahamians participate in the workforce by providing paid training and development in high demand sectors.
FTX Bahamas creditors to have first meet March 15
FTX’s Bahamian subsidiary will hold its first creditors meeting on March 15 at Baha Mar’s convention centre as its liquidators ramp-up efforts to return assets to their rightful owners.
IAN FERGUSON: How to build capacity for a thriving business
Sustainability in this day and age refers to a company’s ability to consistently build capacity in its employees, processes and operations.
‘Kicked out of the ball park’: Duty end’s 40% hit for window maker
THE Government was yesterday urged to review tariff protection for “true Bahamian manufacturers” after one revealed their removal cost 40 percent of its business, saying: “They’ve kicked us out of the ball park.”
‘Huge admission’ over Gov’t $110m BPL loan
THE Opposition’s leader yesterday asserted he has wrung “a huge admission” from the Government that it loaned Bahamas Power & Light (BPL) some $110m without first agreeing the interest rate and terms.
‘Pregnant with opportunity’: FOCOL’s $25m rights issue
FOCOL Holdings is “pregnant with opportunities”, its chairman said yesterday, as it unveiled a $25m rights offering for existing shareholders to finance further expansion plans.
DPM: Crime coverage woe ‘losing momentum’
THE Deputy Prime Minister yesterday voiced optimism that damaging media coverage of The Bahamas is “losing momentum” with major resorts reporting peak winter occupancies “in excess of 80 percent”.
Gov’t to split ‘smart city’ money streams with Aliv
THE Government’s digitisation chief yesterday said it will evenly split the “new money” generated through its three-year partnership with Aliv to transform downtown Nassau into a “smart city”.
Bahamas reported among escapees from EU blacklist
THE Government’s growing optimism that The Bahamas will imminently escape the European Union’s (EU) tax blacklist appeared justified yesterday amid reports this nation is among those set for delisting.
Pintard ‘not satisfied at all’ on maritime contracts answers
THE Opposition’s leader yesterday pledged to “take up” two controversial maritime contracts with Parliament’s top spending watchdog after being left “not at all satisfied” with the Government’s answers.
Bahamas enjoys 20% ‘audience reach’ jump
THE Deputy Prime Minister yesterday said The Bahamas has enjoyed a 20 percent increase in “audience reach” as it increases advertising spending to counter saturation media coverage of its crime woes.
Queen’s Staircase set for $200k restoration
THE Nassau Paradise Island Promotion Board (NPIPB) has launched a $200,000 restoration project that aims to upgrade and preserve The Queen’s Staircase for future generations.
KEITH ROYE II: Biometric technology opens path to more secure future
As the chief operating officer of a software development company, I am acutely aware of the ever-evolving landscape of business security. In an era where data breaches and cyber threats loom large, ensuring robust authentication measures is not just a priority - it is a mandate. In this column, I explore the transformative role of biometric technology in fortifying business security and authentication, shedding light on the future of safeguarding sensitive information.
