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Taxi reforms to force 'boot straps pull up'

A senior hotelier yesterday voiced optimism that taxi industry reform will cure "the elevated level of complaints" from tourists by forcing a minority of offending drivers to "pull their boot straps up".

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FTX's US chief tells Bahamian liquidators: The $143m is mine

FTX's Bahamas liquidators face a three-way battle to regain control of some $143m seized by the US Justice Department after their US counterpart asserted he "stands first in line" to recover this asset from the federal authorities.

Separate GBPA's assets from regulatory functions

The Grand Bahama Port Authority's (GBPA) regulatory functions must be "separated" from its assets to prevent it self-regulating businesses owned by its shareholders, a Freeport hotelier urged yesterday.

Bahamian digital payment firm to open London office

A Bahamian digital payments provider has unveiled plans to open a UK office in an announcement that coincided with the Prime Minister's visit to London for King Charles III's coronation.

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'Real life consequences': Fidelity's $560k Moody's hit

The Government's declining creditworthiness has sparked "real life consequences" for a BISX-listed bank by forcing it to take a "much bigger than expected" $560,000 hit in its 2022 full-year results.

Approval sought for $65m Rose Island hotel project

The Government's investments chief yesterday disclosed that approval is being sought for a $65m resort Rose Island resort project to join $1.3bn worth of New Providence developments that have already received the go-ahead.

PM: Bahamas' survival at stake over climate change

The Prime Minister has warned that The Bahamas will "not survive" unless it can become more resilient against, and better adapt to, the impact of climate change.

Low energy: Bahamas worst in Caribbean for renewables

Renewable energy providers yesterday voiced significant "doubts" that The Bahamas will meet its 2030 goals after this nation was found to have the lowest penetration in the Caribbean at just 2 percent.

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Insurer doing 'everything to remedy' Cayman breaches

Bahamas First's top executive yesterday pledged it is doing "everything possible to remedy" its Cayman Islands' subsidiary's non-compliance with that territory's health insurance regulations due to a claims processing "backlog".

Recipients of welfare may face gaming ban

Gaming regulators are mulling measures to ban persons receiving welfare benefits as part of a package of reforms that would also eliminate discrimination against Bahamians playing in hotel casinos if approved.

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FTX chief blasts Bahamas over 'closed legal system'

FTX's US chief yesterday blasted The Bahamas' "closed legal system" and argued his team will "find it difficult to protect our rights" due to challenges in gaining approval for their chosen UK KC to act before this nation's courts.

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DEIDRE BASTIAN: Meet customers where they live

Marketing is no longer about making endless calls, or shaking hands while exchanging business cards.

Gov't blasted over 'feeble' GB water rate hike reply

The Opposition's finance spokesman yesterday blasted the Government for a "weak and feeble response" to the hike in water rates that will be imposed on Grand Bahama residents and businesses from next month.

Gaming discrimination end will 'go in both directions'

The Gaming Board's executive chairman yesterday indicated that casinos are open to Bahamians gaming at their resorts as the deputy prime minister conceded the separation from web shops is growing "thin".

DPM: Gaming reforms key to industry growth

THE Deputy Prime Minister yesterday said recommendations to upgrade The Bahamas' gaming laws will be assessed and consulted on over the "next several months" in a bid to enhance the sector's competitiveness.