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Data, innovation protection critical for digital economy

Enhanced data and intellectual property rights protection will be "critical" to expanding The Bahamas' digital economy, a senior Chamber of Commerce executive advocated yesterday.

EU to soon decide on Bahamas blacklisting

The European Union (EU) could decide whether to delist The Bahamas from its blacklist by month's end if meetings between the two sides prove fruitful, the attorney general said yesterday.

Family Islands escape U.S. COVID rule 'crush'

Family Island tourism would have been "crushed" if the US had insisted on all its returning citizens taking only the PCR test to prove they are not COVID-19 carriers, resorts said yesterday.

Straw vendors blast licensing obstacles

Straw vendors yesterday blamed delays in obtaining approvals from their immediate regulator for preventing them from applying for their annual business license.

Jitney drivers 'hobbling' through COVID crisis

The jitney industry and its drivers are "hobbling" as COVID-19 restrictions, high unemployment and weak tourism activity combine to undermine passenger traffic, Tribune Business was told yesterday.

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Developer: Residency ease for 'American first'

A Bahamian developer poised to break ground on a $50m project yesterday urged the Government to resolve tax and permanent residency bottlenecks for the country to exploit an "American first".

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Digital to become 'dominant part' of RF group's plans

A Bahamian-headquartered investment bank's top executive yesterday predicted digital assets will eventually become "a dominant part of our business" as it unveiled its tie-up with a technology provider.

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No break down for PM's $1bn in investment

The Prime Minister last night said The Bahamas received "more than $1bn" in international investment projects in 2020 although no break down of these developments was provided.

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Oil opponents seize on BPC financial file

Oil exploration opponents yesterday seized on Bahamas Petroleum Company's (BPC) latest corporate filing to argue their assertion that it lacked sufficient funding for its first well had been proven correct.

Fisheries Act 'hijacked' by discrimination row

A Cabinet minister yesterday hinted at constitutional changes to achieve the Government's goal with the Fisheries Act, which he said is being “hijacked” by the dispute over whether it is discriminatory.

Taxi union chief laments 80% Christmas decline

The taxi union's president yesterday lamented an 80 percent decline in Christmas business for his members compared to prior years with the festive season a "far cry" from pre-COVID earnings.

Construction VAT-free for Dorian-hit islands

The Ministry of Finance last night affirmed that construction services in the two Dorian-devastated islands will be VAT-free through June 2021 provided they are fully paid for by end-September.

Yacht Charter Show postponed till 2022

Representatives from the Association of Bahamas Marinas (ABM) and Ministry of Tourism will be present at the event to provide itineraries, and showcase different islands and marinas, amid a gathering of yachts that will be showcased to charter brokers.

Cable names new addition to Board

Cable Bahamas has named attorney Marylee L. Braynen-Symonette to its Board of Directors after a more than 20-year career in the Bahamian legal profession.

Canada trade visit to aid disaster resilience

A ten-member Canadian business delegation will arrive in The Bahamas this week on a two-day trade mission focused on storm reconstruction and building this nation's resilience to climate change.