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Vaccination critical to open Bahamas’ ‘tourism floodgates’

The tourism “floodgates” will open if The Bahamas can tell its core visitor markets that its population is fully vaccinated against COVID-19, a top government official asserted yesterday.

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Hutchison ‘ratcheting up’ on Royal Caribbean talks

A Cabinet minister yesterday said Hutchison Whampoa is “ratcheting up their game” to enable protracted negotiations for the Grand Lucayan’s sale to finally conclude.

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Doctors Hospital ‘going miles to be investor magnet’

Doctors Hospital’s tie-up with the Cleveland Clinic “will go miles to becoming a magnet” for The Bahamas to attract high net worth investors concerned about healthcare, its president said yesterday.

Bahamas ‘left behind’ if fails to compete digitally

The Bahamas is “in danger of being left behind” unless it exploits the same digital tools that foreign competitors are using to sell goods and services here, a senior Aliv executive warned yesterday.

Govt approves $130m GB investment project

A Cabinet minister yesterday confirmed the government has approved a $130m investment, previously revealed by Tribune Business, to help “revitalise” Grand Bahama’s economy.

Govt financing aids almost 200 GB firms

Grand Bahama micro, small and medium-sized firm (MSMEs) have to-date attracted just under four percent of the $50m made available to the sector this fiscal year, a Cabinet minister said yesterday.

Govt investing $4.9m in east GB microgrids

A Cabinet minister yesterday said the government is investing $4.9m to install micro grids across east Grand Bahama.

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Supply cut-off threat on $4.5m Water Corp debt

Thousands of Family Island residents face having their water supply cut-off on Monday unless the Water & Sewerage Corporation settles an allegedly outstanding $4.5m debt.

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GB airport take-off targeted for June 1

The government will take full control of Grand Bahama International Airport’s operations by June 1 following today’s handover of the facility’s ownership by Freeport Harbour Company.

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Top banker loses dispute linked to soccer bribe chief

A senior Bahamian banker’s claim for wrongful/unfair dismissal over his dealings with a key figure in world soccer’s recent bribery scandal was this week rejected by the Supreme Court.

Concerns despite Royal Caribbean’s $1bn boost pledge

Bahamians last night raised concerns over Royal Caribbean’s proposed Paradise Island beach club despite cruise line executives pledging it will inject $100m annually into the economy in its first decade.

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ART OF GRAPHIX: The rules designers should never violate

With graphic design becoming increasingly more accessible as a career, breaking the rules could be viewed by some as forward-thinking. Nonetheless, most newcomers to the profession are unaware of certain rules, especially the ones that are important and should never be broken. By not following these rules, the end result can be visually jarring, resulting in your target audience losing trust in your ability or competence.

Govt teams with UoB for better forecasting

The government yesterday moved to boost The Bahamas’ own economic forecasting capabilities by enlisting the University of The Bahamas (UoB) help to create “data-driven” growth models.

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Super Value to ‘terminate’ if COVID rules disobeyed

Super Value has warned its 1,000-strong workforce they “will face termination” if caught disobeying COVID-19 protocols, its principal warning yesterday: “We cannot go back into lockdown.”

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‘Nothing to fear for compliant licensees’

Bahamas-based securities dealers that meet existing requirements will all meet the Securities Commission’s enhanced capital adequacy rules, regulators revealed yesterday.