Central Bank ease ‘won’t open mortgage avenue’
The Central Bank’s recently-unveiled regulatory easing is unlikely to “open up a new avenue of mortgages” being issued to Bahamian home buyers, a senior banker said yesterday.
Deidre Bastian: Make staff happier for 2024 business boost
One year has ended and another is here. This opens up many opportunities to evolve and grow your business. Whatever type of company you are managing, you are probably busy thinking about some exciting objectives. But, while you are thinking about statistics and expected outcomes, do not forget about the most essential goal of any flourishing business: Your employees and their satisfaction. Are they happy?
Bahamas set to focus on cruise tourism conversion
The Bahamas will make “deliberate and intentional” efforts to convert more cruise passengers to higher spending and higher-yielding stopover visitors, the deputy prime minster has pledged.
Gov’t targets first quarter for downtown Nassau Bill
The Government is aiming to have legislation governing how downtown Nassau will be managed “fully completed” within the 2024 first quarter, it was revealed yesterday.
Restaurant hosts murder mystery-themed dinner
An expanding high-end restaurant yesterday unveiled more entertainment with its dining options through the ‘Jazz to Kill’ murder mystery-themed dinner.
Restaurant pledges to showcase local talent
A western New Providence restaurant is pledging to stage more events for patrons as it gets set to celebrate its first-year anniversary next month.
Central Bank mortgage ease may not have instant impact
A realtor yesterday hailed the Central Bank's bid to help more persons "accomplish the Bahamian dream" although he warned the impact may not be felt instantly.
Bahamas 'fumbling ball' on doing business ease
An Opposition MP yesterday blasted that the Bahamas continues to "fumble the ball" on the ease of doing business after spending a frustrating day unable to access the Department of Inland Revenue's portal.
‘Absolutely horrible’ boat registration hikes kick-in
Fishermen and tour operators yesterday hit out at the “absolutely horrible” ten-fold and greater increase in boat registration and renewal fees that Bahamian businesses must pay with the New Year’s arrival.
Ex-environment chief 'grasping at straws'
The Bahamas' former top environmental regulator was "grasping at straws" with his last-ditch bid to prevent the $4.85m seizure of his Shirley Street gas station by the Bank of The Bahamas' bail-out vehicle.
AG: Sam Bankman-Fried prosecutors ‘rather misleading’ over second trial
The Attorney General yesterday branded the US explanation for not proceeding with Sam Bankman-Fried’s second trial as “rather misleading” since prosecutors knew the FTX chief’s Bahamas action is still live.
Bahamas saw 'in excess' of 9m tourists during 2023
The deputy prime minister says The Bahamas likely received "well in excess" of nine million visitors in 2023 due to a "phenomenal" year for tourism.
Hotels target occupancy and yield growth in 2024
The Bahamas Hotel and Tourism Association's (BHTA) president yesterday predicted that resorts will enjoy increases in occupancy and yield during 2024 after a “very strong” Christmas and New Year season.
Air freight operators fret as new cargo fee yet to arrive
Couriers and air freight providers yesterday warned that the proposed new cargo scanning fee will “definitely hurt business” despite it not being implemented on New Year’s Day as originally planned.
‘Down-payments cut’ as bank removes indemnity
The Central Bank of the Bahamas (CBB) has released new “relaxed” lending rules for residential mortgages.
