Bahamas software developer targets Caribbean expansion
A Bahamian software developer yesterday said business is “picking up quite quickly” as it plans to expand its human resources and payroll platform to the wider Caribbean by year-end.
Gov't 'working diligently' on Abaco port concerns
A Cabinet minister yesterday reiterated that the Government is reviewing tender documents that will be released to bidders interested in taking over Abaco's two ports via private-public partnership (PPP) arrangements.
Fears that Royal Caribbean 'setting tone' on PI project
Environmental advocates yesterday voiced concern that Royal Caribbean is "setting the tone and beating the drum" after the cruise line - not the Government - unveiled the date and time for the public meeting on its Paradise Island project.
Crypto mining ban 'begs explanation'
A Bahamian digital assets entrepreneur says the Securities Commission's decision to ban crypto currency mining in the revised Digital Assets and Registered Exchanges (DARE) Bill warrants further explanation.
GB Power solar rates '30% below Caribbean'
Grand Bahama Power Company says the solar power rate it has obtained from independent energy providers (IPPs) is "30 percent less than what you see elsewhere" in the Caribbean.
Bahamas liquidators slam US FTX chief's 'underhand' tactics
FTX's Bahamian liquidators yesterday accused their US adversaries of employing "underhanded" tactics to seize control of all the crypto exchange's clients and assets - including those that fall under their winding-up process.
FTX EXTRADITION UNDER SCRUTINY: Bankman-Fried wants charges dismissed on claim US violated treaty
Sam Bankman-Fried yesterday sought to dismiss multiple fraud, bribery and corruption-related charges stemming from FTX's collapse on the grounds that the US has violated The Bahamas' Extradition Act and treaty.
British Colonial set for partial summer re-open
The Deputy Prime Minister yesterday said downtown Nassau's British Colonial hotel will partially re-open this summer ahead of a full return in November 2023.
Companies registry set to be 'much improved'
The Attorney General yesterday said The Bahamas' new companies registry is ready for testing by the private sector as he promised "a much-improved user experience".
Gov'ts North Abaco port promise is 'insufficient'
The head of an advocacy group pressing for the full commercial opening of North Abaco's port has called for the Government to provide more specifics on plans to outsource its development and operation to a private partner.
Retailers see 'booming' Independence sales
RETAILERS yesterday said business is "booming" as sales of Independence Day-related merchandise accelerate in the run-up to The Bahamas' 50th anniversary celebrations.
'Just one spark' could take Bahamas captive
The Bahamas needs "just one spark" to re-establish itself as a major player in the multi-billion captive insurance industry and help "stabilise the middle class", a local operator is asserting.
'Put money where mouth is' on Abaco's port woes
The Government was yesterday urged to "put your money where your mouth is" and finally address Abaco's port woes, with frustrated residents asserting: "They need to quit promising and start doing."
GB Power grows solar to 10% of energy mix
Grand Bahama Power Company yesterday signed a deal with a FOCOL Holdings subsidiary that will expand renewable energy to 10 percent of its generation mix once initiated.
Fidelity targets $5 with stock split by end-July
Fidelity Bank (Bahamas) top executive has pledged that its long-awaited stock split will occur before its end-July 2023 annual general meeting (AGM) as it targets a share price in the $5 range.
