Governor urges: ‘Accelerate’ agency banking development
The Central Bank’s governor has urged financial institutions to “accelerate their thinking” on using agency banking to offer services in the Family Islands amid efforts to roll-out the necessary regulations in 2024.
ADVERTORIAL: CG Atlantic Invites Applications for 2024 Summer Internship Programme
CG Atlantic is excited to announce the opening of applications for its highly sought-after Summer Internship Programme. Geared towards college students and recent graduates aspiring to pursue a career in the insurance industry, this programme provides an invaluable opportunity to immerse oneself in the dynamic world of insurance. The in-person programme is scheduled to run from June to August 2024.
Fidelity ‘not revising’ $16m profits target
Fidelity Bank (Bahamas) yesterday said it is “not revising” its $16m profit target for the 2023 full-year despite its bottom line for the first nine months slumping by 31.5 percent year-over-year.
Long Island developers eye Diamond Crystal site revival
A developer aiming to transform the site of Long Island’s one-time largest employer yesterday pledged to “change the narrative” that “conservation and development are at odds” in The Bahamas.
Long Island developers hope for ‘quick’ approvals
Two developers targeting Long Island’s former Diamond Crystal plant with separate eco-tourism investments yesterday voiced optimism that the required approvals will be processed “very quickly”.
DPM wants Long Island airport opening this term
The deputy prime minister yesterday said he “fully expects to cut the ribbon” for the opening of Long Island’s new international airport before the Davis administration’s term in office ends in 2026.
BPL hit by three-fold ordering time jump
A Bahamas Power & Light (BPL) executive yesterday urged new developers to inform it of their energy needs as rapidly as possible given that it now takes three times’ as long to order key parts.
Advertorial: Coastal Loss Adjusters Expands Global Presence with New Office in Nassau, Bahamas
Nassau, Bahamas – Coastal Loss Adjusters, a leading provider of public insurance claims adjusting services for policyholders, is excited to announce the opening of its newest office in Nassau, Bahamas. This strategic expansion is a testament to the company's commitment to serving clients worldwide and enhancing its presence in the Caribbean.
IAN FERGUSON: Avoiding problems with workplace friendships
Having close friendships in the workplace can be beneficial for employee well-being and productivity. But there are also challenges that can arise when friends work together. These situations, and the potential risks, must be navigated with the utmost sensitivity. It is important to strike a balance between personal connections and professional boundaries to avoid potential conflicts and distractions.
Retail’s extra ‘strain’ in Christmas run-up
Bahamian retailers say downtown closures, and a longer wait to clear key stock, are imposing extra “strain” on the “make or break” Christmas shopping season that has assumed greater importance this year.
‘Full probe’ demand on WSC chair resignation
The Opposition’s chairman last night demanded “a full investigation” into the resignation of the Water & Sewerage Corporation’s executive chairman, asserting: “You’ve opened the box so let’s see what’s in it.”
DPM blasts ‘unacceptable’ Aliv, BTC dropped calls
The Deputy Prime Minister yesterday said the service quality provided by the Bahamas Telecommunications Company (BTC) and Aliv is “unacceptable” with their failings “difficult to comprehend”.
Pilot ‘cannibalisation’ fear on Bahamasair
Private Bahamian airlines fear they will be “cannibalised” by Bahamasair poaching their best pilots to ease its cockpit shortage amid the ongoing impasse over raising the retirement age to 65.
DEIDRE BASTIAN: Why entrepreneurship is such a rewarding career
While the journey to entrepreneurship is likely to be filled with sacrifices and challenges, the reward is often far greater. With the right amount of knowledge and guidance, it is indeed possible for anyone to be successful as an entrepreneur.
Doctors Hospital: Blake Road revenues surge on gov’t deal
Doctors Hospital has revealed that in-patient revenues at its Blake Road facility near-quadrupled during its 2024 first quarter due to the deal to treat public healthcare patients there.
