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Gas retailers ‘not gone to sleep’ on margin rise

BAHAMIAN petroleum retailers yesterday said they “haven’t gone to sleep” over their push for a margin increase but are willing to take a “sensible” phased-in approach that will not overly burden motorists and the wider economy.

Bahamas urges more agricultural financing

A Cabinet minister has urged that more financing be made available to The Bahamas and other small island developing states (SIDS) to help them combat the threat of climate change and food insecurity.

Bahamas cloud provider in Latin American expansion

A Bahamas-based cloud services provider yesterday said its planned Latin American expansion is just two years away.

Aircraft registry needs better data provision

Bahamian aviation operators are demanding the provision of better data and statistics on the industry to help with the development of an aircraft registry.

BISX-listed bank recognised on 99.57% payment accuracy

Bank of The Bahamas (BOB) says it has received the Elite Recognition Award from J.P. Morgan Chase in recognition of its 99.57 percent accuracy in payments processing.

'Why I don't care to see Gov't takeover of GBPA'

A Bahamian investor has highlighted the contrasting treatment his project received in Nassau and Freeport to explain why he "does not care to see the Grand Bahama Port Authority (GBPA) fall into the Government's hands".

'Residents' views' delay for ex Olympian's Rose Island move project

A former Olympic swimmer's bid to obtain approvals for the expansion of his beach day excursion has been held up by the planning authorities so they can obtain the views of "nearby residents" - on sparsely populated Rose Island.

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Gov't 'examining merits' of oil explorer carbon credits

The Government is "examining the merits" of an oil explorer's proposal to gain a return on its $100m-plus investment in The Bahamas via the use of carbon credits.

Value for money query on boating fees portal

A former Association of Bahamas Marinas (ABM) president yesterday queried why taxpayers are paying $3.355m for a solution to capture boat and yacht charter fees when the private sector previously provided the same at zero cost.

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DEREK SMITH: Artificial intelligence key to governance risk battle

For companies to operate ethically, comply with regulations and mitigate risks effectively, Governance, Risk and Compliance (GRC) strategies are vital.

Opposition demands BPL load shed clarity

The Opposition's leader is arguing the Government's failure to build on the Bahamas Power & Light (BPL) reform strategy that it left in place is likely responsible for the utility's renewed resumption of load shedding.

Visitor arrivals up 1m over pre-COVID peak

Visitor arrivals to The Bahamas hit 4.2m for the first five months of 2023, the deputy prime minister has disclosed, representing a one million increase compared to the same period in 2019.

EY Bahamas chief now company's regional head

The EY accounting firm has appointed its former Bahamas country managing partner to become its regional head.

Escalating GBPA row ‘disaster for Freeport’

The Grand Bahama Chamber of Commerce’s president yesterday branded the escalating row between the Government and Grand Bahama Port Authority (GBPA) as “another disaster for Freeport” that must be calmed rapidly.

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Planning concern on $1.3m propane plant

Planning authorities are voicing concern over a proposed $1.3m “state-of-the-art” propane gas plant off Tonique Williams Highway due to “compatibility with its neighbours”.