CBS signs up to software designed by Bahamians
A software development company has built a custom payroll system for CBS Bahamas.
Marina association announces Charter Yacht Show for February
THE Association of Bahamas Marinas (ABM) has announced a Charter Yacht Show for February next year, held in conjunction with the International Yacht Brokers Association (IYBA).
Port Authority ‘open for talks’ with Del Zottos
The Grand Bahamas Port Authority (GBPA) is “open” for discussions with the Del Zotto family on the closure of their various interests in Grand Bahama.
Entrepreneur to launch haircare line in 2023
A female Bahamian entrepreneur in St Louis is launching in The Bahamas and looking for seven-figure growth in 2023.
Bahamians ‘may not be able to take advantage of lending’
The Clearing Bank Association’s (CBA) chairman is not sure Bahamians will be able to take advantage of the new relaxed lending policies handed down by the Central Bank.
Diesel price cut thanks to wholesaler not govt
The Bahamas Petroleum Dealers Association’s (BPDA) said that the price of diesel coming down is more to do about the wholesaler working behind the scenes than it is the government lowering taxes on gas and diesel.
Jibrilu: Bahamas ‘top of the rebound curve’
THE incoming CEO of the Nassau/Paradise Island Promotion Board says The Bahamas is at the “top of the rebound curve” in terms of tourism led growth.
Exuma eco-resort strives to overcome supply delays
A $100m eco-resort in Exuma is set to start construction in October once their Environmental Impact Assessment (EIA) is approved.
‘Eleuthera in desperate need for major fixes’
AN Eleuthera businessman says there are “a lot of concerns” on the island and keeping the electricity on is chief among them.
‘Liveable wage will just have to wait’
The business community is waiting on the government to ratify their recommendations on the minimum wage and says that discussions on a liveable wage cannot be had until the minimum wage is “out of the way”.
Relaxed lending rules for domestic credit
THE Central Bank of The Bahamas is relaxing the guidelines for domestic banks and credit unions around the qualification criteria for provision of credit to the private sector. This takes account of the domestic economy’s increased capacity to sustainably absorb more credit expansion, given the potential for credit growth to stimulate greater imports and increase the net use of foreign exchange.
DEREK SMITH: The culture of information security awareness
Cybercriminals enjoyed an excellent year in 2021. According to positive technologies, a cybersecurity leader to many Fortune 100 companies, the “number of attacks on retail more than doubled from 2018–2019 to 2020–2021” with most attacks targeting services and customers. Even with security innovations, this presents a grim picture for businesses and government agencies.
Overdue revamp coming for business legislation
The Attorney General said yesterday that part of the government’s upcoming legislative agenda will be bringing “company laws up to date”.
Outgoing president promises ‘smooth transition’
THE Nassau/Paradise Island Promotion Board will have new leadership with its outgoing president promising a “smooth transition,” to keep the momentum going.
