Vendors exceed expectations at Royal Caribbean workshop
Royal Caribbean yesterday said the first Royal Beach Club workshop for potential Bahamian food and beverage, retail and artisan partners exceeded expectations by attracting around 70-80 attendees.
Regulator's warning on digital assets exchange
Bahamian regulators yesterday issued a warning about an unregistered digital assets exchange purported to be operating from this nation illegally.
Landscapers starting earlier to beat heat
Landscapers yesterday revealed they are starting work a full hour earlier to protect their workers from over-exposure to the summer heat and potential health complications.
Royal Caribbean 'went above and beyond' on PI questions
Royal Caribbean was yesterday said to be "comfortable" all environmental concerns surrounding its Paradise Island project have been addressed after activists pronounced themselves satisfied with its wastewater treatment solution.
‘Less dips’: Resort occupancy increases 10% for September
Resort occupancies for September are around 10 percent ahead of prior year comparatives, a senior hotelier revealed yesterday, adding that “we’re seeing less dips and valleys” in the tourism calendar.
Freeport hotelier backs Gov’ts push for change
A hotel operator has backed the Government’s Grand Bahama Port Authority (GBPA) stance as evidence of its “commitment to Freeport”, and asked: “When was the last time the Port Authority did a major investment?”
Ministry’s $400k purchase first acquisition in 20 years
The Ministry of Works yesterday said it has hired an extra 25 workers to man $400,000 worth of newly-acquired equipment that is “vital” to patching potholes and enhancing the road network.
FTX Bahamas liquidators told: It’s only ‘a wrist slap’
A Delaware judge has warned FTX’s Bahamian liquidators that he is unlikely to sanction their US adversary, or dismiss the legal action he has brought against them, on the basis that the two sides’ co-operation deal was violated.
Fiscal responsibility watchdog in limbo
The Bahamas’ main fiscal watchdog is in limbo until its members obtain “clarity” from the Prime Minister on whether their appointments remain valid and how they are to “function” under the new legislative regime.
Union president: ‘Hundreds of workers afraid to speak up about working conditions’
A union president yesterday charged that the impasse with Bahamas Power & Light (BPL) management goes beyond alleged breaches of the two sides’ industrial agreement to involve concerns such as health and safety issues.
IDB warns Bahamas on rollover ‘difficulties’
The Bahamas has been warned it may “face difficulties to roll over existing debt” in the medium-term if market conditions do not improve with almost $900m in external foreign currency loans coming due in the next two years.
Raising ‘Freeport out of the ashes’
The Government and Grand Bahama Port Authority’s (GBPA) owners were yesterday warned the latter’s 3,000 licensees must “have a say” over any changes to its ownership and Freeport’s founding treaty.
Sands: It’s the wrong marijuana ‘gold mine’
The Free National Movement’s (FNM) chairman says the Government has delayed the “potential gold mine” of industrial hemp to focus on legalising a medical marijuana industry that is “unlikely to be a big economic boon”.
Settle $29m Exuma cays dispute ‘once and for all’
The ownership of two disputed Exuma cays, valued at a collective $29m, must be settled “once and for all”, a Bahamian attorney is urging.
When companies succeed all Bahamians can prosper
In today's dynamic world, where opportunities and challenges intertwine, the success of companies goes beyond their bottom lines. When companies flourish, the effects ripple through every aspect of our lives, leading to improved living standards, enhanced government revenue and a cycle of progress that benefits all. Let us delve into how economic growth transforms the landscape of The Bahamas, and how money flows through companies to create a harmonious circle of prosperity.
