Bahamas to exploit 34% growth in Georgia tourists
The deputy prime minister is aiming to exploit the 34 percent year-over-year growth in visitors from Georgia to promote The Bahamas as a tourism and film destination during his ministry’s upcoming Atlanta promotional mission.
Bahamas joins tribunal case over climate change
The Bahamas has joined with other small island states from the Caribbean and the Pacific to launch a landmark case before the International Tribunal of the Law of the Sea (ITLOS) to seek protection of the world’s oceans against climate change and rising temperatures.
Atlantis sale to ‘bring stability’
Hotel union president Darrin Woods said Brookfield Asset Management selling the Atlantis Paradise Island resort to a reputable hotel chain would “bring stability,” to the property.
Renewables may be way forward for Andros
North Andros business owners are considering a $2.5m renewable energy plant to alleviate their electricity woes. This comes as URCA has announced an investigation of electronic communications outages in a number of islands.
‘Amazon’ for Bahamians - in time for Christmas
An online delivery provider is set to launch an e-commerce platform just in time for the upcoming Christmas season.
Growth matters: Growing our local economy part 2
In the previous segment, we explored the challenges posed by market saturation and its potential hindrance to local economic growth. Now, let’s delve into actionable strategies to empower local businesses and fuel demand, both for existing companies seeking expansion and new entrants aiming to establish their presence.
A new era of big government spending
ActivTrades
Over the last two years, the United States has witnessed a profound shift in economic policy, marking the dawn of a new era of big government spending.
‘We’ll bring back charm of Downtown Nassau’
The Downtown Management Authority (DMA) will bring back the charm of Downtown Nassau as the current Revitalisation Unit in the Ministry of Tourism, Investment and Aviation (MOTIA) will “morph” into this new authority, Deputy Prime Minister Chester Cooper said yesterday.
Slow tourism season ‘a thing of the past’
Deputy Prime Minister Chester Cooper yesterday said the slow period for tourism is a thing of the past as the country can now look forward to year-round tourism and hotel occupancy.
Guilty – FTX exec admits illegal campaign donations
THE former co-chief of executive of FTX Digital Markets, Ryan Salame, yesterday pleaded guilty to making tens of millions of dollars in illegal campaign contributions to US politicians and engaging in a criminal conspiracy to operate an unlicenced money transfer business.
Brookfield exploring $2.5bn Atlantis sale
Brookfield Asset Management is looking to offload the Atlantis Paradise Island Resort - with a price tag of $2.5bn attached.
Ministry shift ‘to give Family Islands attention they need’
Clay Sweeting, the newly announced Minister of Works and Family Island Affairs, said the merger of the two ministries will ensure that the Family islands “get the special attention they need”.
Cooper: Fidelity to open Exuma branch ‘shortly’
Deputy Prime Minister Chester Cooper announced that Fidelity Bank will be opening a branch in Exuma “shortly”, bringing relief to some of the island’s banking woes.
Resolution in sight in BPL strike threat
The dispute between the Bahamas Electrical Workers Union (BEWU) and Bahamas Power and Light will be settled within the next few days, Tribune Business has been told.
As gas prices rise, retailers 'can't contain this anymore'
The Bahamas Petroleum Retailers Association's (BPRA) president, Raymond Jones, said production cuts in the Organization of the Petroleum Exporting Countries (OPEC) are behind the rise in prices at the pump, which he said underscores the need for a margin increase for retailers as they “can’t contain this anymore".
