Cyber security experts: BTC network vulnerable
Bahamas-based cyber security experts yesterday argued that the Bahamas Telecommunications Company's (BTC) outdated network equipment left it vulnerable to penetration by malign actors.
Bahamas is hailed for 'stroke of genius'
The Bahamas was yesterday hailed for "a stroke of genius" in developing Florida-based pre-clearance facilities for a private aviation market that has "almost doubled" in volume during recent months.
Tourism rebound to be 'slower than we want'
A senior tourism executive yesterday warned that The Bahamas' rebound will be "slower than we want it to be" despite Atlantis moving to expand its re-opening with The Cove's February 11 return.
QC pushes to 'settle' Gaming Board dispute
A QC representing 24 former Gaming Board staff yesterday said he "doesn't understand" why it has failed to settle the dispute over their termination as the potential taxpayer liabilities are rising daily.
'Talk is cheap' warning over $1.5bn debt fears
The Government was yesterday warned that "talk is cheap" when it comes to The Bahamas' mounting fiscal and economic woes, as governance reformers demanded: "Let's see some action."
Atlantis confirms Cove's February 11 re-opening
Atlantis yesterday unveiled the next stage in its COVID-19 re-opening plans by confirming the 600-suite The Cove resort will be receiving guests from February 2021.
CIBC suffers major loss amid $94m dividend wait
CIBC FirstCaribbean International Bank (Bahamas) plunged to a $63.543m net loss for the year to end-October 2020 as it awaits permission to pay almost $94m in total dividends to shareholders.
Fisheries body supports conch export ban by '22
A fisheries advocacy body has backed the Government's plan to ban conch exports by 2022 as well as its plan to ban foreign nationals from working on Bahamian-owned fishing vessels.
Opposition deputy slams 'starving' of capital works
The Opposition's finance spokesman yesterday slammed the Government for racing "to impose additional taxes and further starve capital works that could spur the economy".
$1.5bn debt repayment in a year? 'No problem'
The Ministry of Finance's top official yesterday said he "foresees no challenge" over the Government meeting almost $1.5bn in debt principal repayments coming due within the next 12 months.
Developer's offering to 'regain momentum'
A Bahamian resort community yesterday said it would use the proceeds of a newly-launched preference share offering to "regain momentum" lost to the COVID-19 pandemic.
Web patrons, utility customers warned to brace for pain
Web shop patrons and Bahamasair passengers will be the first feel to feel the pain of tax and fee increases sparked by COVID-19's economic devastation, a Cabinet minister revealed yesterday.
Gov't targeting $200m spending cuts by June
Some $75.8m in unplanned COVID-19 assistance and previous lockdowns have forced the Government to target $200m in extra spending cuts over the next six months, it was revealed yesterday.
Baha Mar re-opening a 'monumental occasion'
Baha Mar's top executive has hailed today's re-opening of the mega resort as a "monumental occasion" following the "hardship and uncertainty" caused by the COVID-19 pandemic.
Digital provider sorry for travel visa delays
The Bahamian digital provider handling COVID-19 health travel visa payments yesterday apologised for processing delays caused by "technical difficulties" with its main database server.
