Local banks pass anti-financial crime 'shadow shopping'
The Central Bank yesterday hailed the results of a 'mystery shopper' style survey of Bahamian financial institutions which found "rigorous evidence" they were in full compliance with efforts to combat financial crime.
'Jobs, jobs and more jobs': Staff sought for 700 posts
The British Colonial resort will hire up to 400 staff before it fully re-opens this December, the Government's labour chief revealed yesterday, adding: "The majority of Bahamians who want a job can find one."
Employee morale key to productivity
So you have hired a stellar employee to fill a specific role. Now you need to make sure they stick around, as it is not only about finding a good fit but, rather, keeping them motivated to stay. Every single employee is incredibly valuable as they play a pivotal role in the overall success of a business. Therefore, motivation is critical. Subsequently, here are a few tips to bolster employee morale as anything less can affect performance and result in low productivity.
Elon Musk's Starlink will 'raise bar' in Out Islands
Family Island companies yesterday voiced optimism that Elon Musk’s Starlink satellite Internet service will “raise the bar” by giving them access to more reliable and affordable communications that are essential to their competitiveness.
Bahamas must ‘step up game’ on treasure regime
The Prime Minister yesterday conceded that The Bahamas must "step up our game" and better protect its underwater cultural heritage as Parliament debated legislation to double the Government's share from treasure salvaging.
Atlantis and Wendy’s in covenants dispute
Atlantis is at odds with the Wendy's franchise holder over whether restrictive covenants exist to block the latter's plans to convert Paradise Island's former Scotiabank branch into a fast food restaurant destination.
'Particularly concerning': Imports expand 10x faster than exports
The Bahamas Trade Commission's chair yesterday said it was "particularly concerning" that this nation's imports have increased "ten-fold" compared to export growth with the country's National Trade Policy set for imminent release.
Central Bank's $9m HQ hit 'wasteful and absurd'
The Opposition's finance spokesman yesterday slammed the decision to cancel the Central Bank's new headquarters project as "absurd", arguing it was "an ideal project" for providing a post-COVID economic boost.
Water Corp debt to main supplier grows to $16.6m
The Water & Sewerage Corporation's outstanding debts to its main BISX-listed reverse osmosis supplier increased slightly to $16.6m during the 2023 first quarter despite government pledges to eliminate this, it was revealed yesterday.
Atlantis and PI hotels unite to bar Wendy's
Atlantis has joined forces with other resorts and developers in a bid to bar the Wendy's and Marco's Pizza owner from converting Paradise Island's former Scotiabank branch into a fast-food restaurant destination.
Gov’t striving to re-open Lucayan’s Breaker’s Cay
The Government has taken a "show me the money" approach with potential Grand Lucayan buyers at it works to open another part of the resort complex to support increased airlift to Grand Bahama, it was revealed yesterday.
Egg self-sufficiency drive is ‘on stream’
A Cabinet minister yesterday said plans for The Bahamas to ultimately become self-sufficient in egg production are "on stream" with the necessary poultry grow houses to be set-up within four months.
GB needs Port Authority to 'makes things happen'
A Cabinet minister yesterday asserted that both Freeport and Grand Bahama need a Port Authority that is "progressive" and "makes things happen".
Cable 'accelerates' fibre due to Elon Musk threat
Cable Bahamas is "accelerating" the roll-out of its fibre-to-the-home network infrastructure in response to the competitive "threat" posed by Elon Musk's Starlink, its chief executive revealed yesterday.
Super Value's 'egg relief' amid BPL containment
Super Value is aiming to reduce egg prices to $1.99 per carton "as quickly as possible" amid hopes its solar roll-out can contain surging energy costs to just a 10-20 percent increase, its president revealed yesterday.
