‘No more time to avoid pain’ over NIB reforms
Governance reformers yesterday warned “there is no more time to avoid the pain” associated with saving the National Insurance Board (NIB) as they called for “a clear plan” of rescue that will gain widespread buy-in from society.
Aliv: Third mobile player will damage consumers
Aliv is urging regulators to stop viewing the mobile market as “silos” in its approach to over-the-top (OTT) services such as What’s App, while warning that permitting a third market entrant could undermine investment in 5G technology.
FTX attorney: Be ‘thrilled’ at digital asset feedback
A former Cabinet minister yesterday said the private sector “should be thrilled that the Government has institutionalised” how it will be consulted on the future evolution of the digital assets industry.
Come to Bahamas, PM tells digital asset firms
The Prime Minister yesterday urged digital asset firms to consider establishing a physical presence in The Bahamas while hailing the “transformative” impact the sector will have for all industries and the wider economy.
Second crypto exchange eyes Bahamas expansion
A second cryptocurrency exchange yesterday confirmed it plans to establish and grow a Bahamas presence although it has no plans yet to follow FTX in making this nation a headquarters.
DPM pledges ‘innovative’ digital assets approvals
The deputy prime minister yesterday pledged that the Government’s revamped investment promotion and approvals agency will be “transparent” and “innovative” in how it handles applications from digital assets providers.
ART OF GRAPHIX: Reaping the reward from our hospitality
Good service is critical to success in any business, especially in the hospitality sector.
‘Hope and pray’: Food, energy cost hike may last three years
Bahamians were yesterday urged to “hope and pray” that the World Bank’s forecast of high food and energy costs lasting three years does not come true, with cooking oil and other staples increasing by up to 80 percent in recent months.
‘No more blight’ on Rum Cay’s revival
A Supreme Court judge says it is “difficult to digest” that the Prime Minister’s Office would assert a 15-acre Rum Cay land parcel was Crown Land when this totally contradicted evidence from the Government’s own surveyors.
Judge: ‘Difficult to digest’ Gov’ts Rum Cay claims
A Supreme Court judge says it is “difficult to digest” that the Prime Minister’s Office would assert a 15-acre Rum Cay land parcel was Crown Land when this totally contradicted evidence from the Government’s own surveyors.
Union chief: UoB liveable wage ‘can’t be brought in now’
The $2,625-$3,550 livable wage suggested by a University of the Bahamas study “cannot be implemented at this time”, a trade union leader argued yesterday, adding: “We’ve got to keep the hen that lays the eggs.”
Just 6% of clients hit by data breach at Sebas’ venture
The e-commerce platform owned by Sebas Bastian yesterday said only 6 percent of customers were impacted by a recent data breach as it sought to reassure that all necessary measures are being taken to rectify the problem.
Gov’t committed over liveable wage pledge
A Cabinet minister yesterday said the Government remains committed to “eliminating” the minimum wage and replacing it via a so-called “livable wage”, with legislation to give effect to this due to be released later this year.
BAMSI targets May for greenhouses roll-out
The Bahamas Agricultural and Marine Science Institute’s (BAMSI) chairman yesterday said the nationwide roll-out of its “commercial greenhouses” project will begin at the end of May.
BISX-listed Fund ‘stabilises’ with commitments for $8m
The BISX-listed Bahamas Property Fund has “stabilised” occupancies and rental rates at its flagship property “for the first time” in almost a decade amid expectations its current $8m capital raise will be fully subscribed.
