'Improve service quality before rolling out 5G'
Bahamian businesses and consumers want their communications providers to first focus on improving the quality and reliability of existing services before exploring the introduction of 5G (fifth generation) technology.
Bahamas in new Caribbean renewable energy honour
The Bahamas has won the Caribbean Renewable Energy Forum (CREF) Industry Award for the third time, with the latest honour for climate resilience in the energy sector due to the the Abaco schools’ solar installation project.
Debt for nature
Prime Minister Philip Davis KC was in the UK last week and spoke at the Caribbean Council reception in London, where he said once more that about 40 percent of the county’s $11bn-plus national debt was the result of post-hurricane repairs and restoration efforts. He stated further that climate change is the greatest threat that The Bahamas is facing. But this battle against climate change is a costly endeavour, and the country must be innovative in creating new sources of income and reducing the crippling debt it is faced with.
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".
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.
'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.
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.
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.
DEIDRE BASTIAN: Meet customers where they live
Marketing is no longer about making endless calls, or shaking hands while exchanging business cards.
