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$3m co-working facility 30% booked at launch

A newly-launched western New Providence co-working space was 30 percent booked when it opened on Wednesday, its principal told Tribune Business.

PM spokesman defends $2 tourism expansion

The Prime Minister’s spokesman last night said the $2 levy all Bahamian travellers must now pay will be used to finance further development of this nation’s tourism product for the benefit of all.

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Ex-BREA chief: ‘Middle class are not feeling this prosperity’

A two-time Bahamas Real Estate Association (BREA) chief is urging banks to cut the down payment demanded from all home buyers to 5 percent, as he warned: “The middle class aren’t feeling this prosperity.”

Melia middle managers’ dismissal claim survives

A wrongful dismissal claim by 50 middle managers at the former Melia Nassau Beach Resort has been permitted to survive “so that justice may not only be done but be seen to be done”.

Chamber ‘carefully monitoring’ frustrations over DIR tax portal

The Chamber of Commerce’s chairman last night said it is “carefully monitoring” mounting private sector frustration caused by the struggle to access the Department of Inland Revenue’s online tax portal.

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Developer ‘not having party yet’ over mortgage easing

A major Bahamian residential housing developer yesterday disclosed it is “not having a party yet” over the Central Bank’s decision to relax mortgage lending stipulations.

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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.

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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.

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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.

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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.