‘Be ready for international attacks over digital role’
A financial analyst warns that international “attacks” on the financial services sector should be expected as the country’s involvement in the digital assets and cryptocurrencies business develops.
Joint working space for crypto-curious
Crypto Isle has opened a co-working space, and launched a masterclass series for those curious about crypto as well as seasoned professionals.
ART OF GRAPHIX: Are you a good boss?
It's often said that people quit bosses, not jobs. A bad boss can make a good job miserable and a bad job unbearable. Beyond the negative impact on individual employees, ineffective managers can also cost companies tons of money in turnover and lost productivity.
‘Expect to pay 7% more on breadbasket items’
Super Value’s top executive said consumers should expect up to a seven percent increase in breadbasket items in the oncoming months.
No new taxes in Budget, says Halkitis
Minister for Economic Affairs Michael Halkitis said there will be no new taxes in the upcoming budget as it would be “counterproductive” to economic recovery.
No sign of cancellations after Sandals tragedy
Deputy Prime Minister Chester Cooper said yesterday that Exuma residents are “calm” after the deaths of three tourists at the Sandals Emerald Bay Resort and there has been “no cancellations” at the resort.
‘We must reform public pensions’
The Bahamas needs to avoid a Greek-style pension collapse and instead move ahead with the reform of the public pensions scheme as soon as possible, says the chief operating officer of CG Atlantic Pensions, Larry Gibson.
Minister rules out margin increase for petroleum dealers
Minister for Economic Affairs Michael Halkitis doubled down yesterday on “no margin increase” for petroleum dealers, arguing that it would go to the consumer and it would be “counterproductive”.
Economy rebounds with 8% growth
The International Monetary Fund says the country’s recovery is “strong” with real GDP growth pegged at eight percent this year.
Reform pensions now - or elderly will be left with nothing
The International Monetary Fund warns that a “significant” share of the elderly would be without pensions if reform to the pension system is not dealt with immediately.
IMF urges Bahamas to stick to 50 percent debt ceiling
The International Monetary Fund has urged The Bahamas to keep to the 50 percent debt ceiling passed in 2018.
Warning as container costs to double
Businesses should brace for a 100 percent increase in container costs for the summer due to the Russia and Ukraine war.
Tourism arrivals rise by a sixth
The Central Bank of The Bahamas said tourist arrivals grew by 17 percent in 2021, but are still a way off 2019 numbers.
Eleuthera businesses: Disney jobs welcome but worry over wages
The Disney Lighthouse project would put Bahamians back in “slavery” if they keep wages low, a South Eleuthera business owner has claimed.
CIBC signs up to global credit bureau
CIBC FirstCaribbean is now a member of the CRIF credit bureau in The Bahamas, a move it says will mean more accurate credit assessment.
