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‘We must protect fly fishing industry’

The fly fishing industry needs regulation and protection, it was asserted during the Fly Fishing Industry Guides’ Homecoming Conclave yesterday.

Payments provider warns Bahamas on ‘deep fakes’

A Bahamian payments provider yesterday urged businesses to be alert for ‘deep fakes’ plus synthetic identity fraud and the takeover of their bank accounts.

IAN FERGUSON: How you combat workplace bullies

Some people may not be aware that bullying is a common occurrence within the workplace.

Bahamas cloud provider gains expansion funding

A Bahamas-headquartered cloud services provider says it has secured growth financing through a facility led by a Silicon Valley investment firm.

Deputy PM sorry Abaco recovery ‘not moving at speed’ expected

Deputy Prime Minister Chester Cooper yesterday apologised to the residents of Abaco for the government “not moving at the speed” they expected following the devastation of Hurricane Dorian six years ago.

Gov’t turned down $1bn in UK export financing

The Prime Minister’s Office yesterday confirmed that the Government elected not to “pursue” up to $1bn in financing offered by a UK government agency that included $200m for Grand Bahama’s airport.

AG says Gov’t to develop ‘comprehensive’ AI policy

Attorney General Ryan Pinder has announced the government is developing a comprehensive national policy on artificial intelligence, with a focus on managing both the opportunities and risks of AI in the financial services sector.

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British Colonial seeks supplier ‘flexibility’ on prices, payments

The British Colonial has asked vendors to provide it with “temporary” pricing discounts and extended repayment terms due to September and October occupancies falling “significantly below forecast”.

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‘Mixed emotions’ for workers on likely sale of Morton Salt

Morton Salt’s 100-plus Bahamian employees were yesterday said to have “mixed emotions” over the operation’s potential purchase by a Grand Bahama-based energy and natural resources group.

Storm no ‘game changer’ as insurers forecast $4m claims

A Bahamian insurer yesterday predicted the industry is unlikely to receive more than $4m in combined claims from property owners who suffered damage in last Friday’s eastern New Providence storm.

Water Corp collects samples on Eleuthera ‘odour’ concern

The Water and Sewerage Corporation (WSC) has collected test samples after several Eleuthera residents complained of a “foul odour” that smelt like diesel in water supplied by the utility.

Pay cheque living drives high power bill ‘struggle’

Many Bahamians “really struggle” to cope with soaring electricity bills simply because they are “living from pay cheque to pay cheque”, Grand Bahama’s Chamber of Commerce chief said yesterday.

GB airport and Grand Lucayan must take off ‘simultaneously’

Grand Bahama’s Chamber of Commerce president yesterday likened the Grand Lucayan and the island’s airport to “two rings on the same bird” that need to take-off and fly “simultaneously”.

New hospital costs 27% more than PMH’s due to equipment

Construction costs for the second New Providence hospital are 27.5 percent higher than those for the Minnis administration’s aborted PMH expansion because the latter did not include medical equipment.

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Owner calls Bimini resort a ‘financial failure’

Resorts World Bimini’s majority owner has slammed the property as a “financial failure” and labelled it as the “poorest performing resort investment” in its worldwide hospitality empire.