'Philanthropist' in $1.5m bank account freezing
Flamboyant "philanthropist", Rudolph Kermit King, is the subject of another US Justice Department investigation that has resulted in the freezing of $1.5m in a Bahamian attorney's client account.
Prosecuting fraudsters to remain challenging
A well-known Bahamian accountant yesterday praised the Government for moving to outlaw Ponzi-type frauds while highlighting the challenges of successfully prosecuting perpetrators.
Doctors Hospital worker wins $30k for unfair sacking
A former Doctors Hospital employee has been awarded more than $30,000 after the BISX-listed healthcare provider was found to have unfairly terminated him following an industrial accident.
Long Island Outlook set for November 12
The sixth annual Long Island Business Outlook conference will be held virtually on November 12 under the theme, A new era: Resilience in the face of vulnerability.
Curb-side 'takes away our ability to survive'
A Bahamian restaurant and bar owner yesterday warned that tourists are describing COVID-19 curb-side restrictions as a turn-off, and asking: “What’s the point of vacationing?"
'We're not hearing anything for Bahamian businessmen'
Bahamian gym owners were yesterday said to be "in limbo" and facing a "crazy" situation with no word from the Government on when the sector will be allowed to re-open and its long term plans.
Asues not outlawed under legal reforms
The Securities Commission's chief yesterday said the traditional Bahamian Asue savings scheme has not been outlawed in the new Financial and Corporate Services Providers (FSCSP) Bill 2020.
IAN FERGUSON: Stopping politics getting out of hand in workplace
As the US remains embroiled in election turmoil, the topic of politics in the workplace again surfaces. How vocal should employees be on topics of religion, sexual orientation and political persuasion? With the start of our Bahamian political season looming, how employees talk about their party of choice and opposing political views matters. We all know how distracting political aggression and banter can be in the workspace. Efforts to minimise this confusion, while not thwarting free speech, are the great balancing act that corporate leaders must achieve.
Don't criminalise Asues, urges Opposition deputy
The Opposition's deputy leader yesterday urged the Government to clarify whether new laws will criminalise the Asue savings schemes long popular among many Bahamians.
Superplex holding firm; avoids 'tough decisions'
The Fusion Superplex is "holding firm" and not made any decisions about staff terminations or financial restructuring as it awaits word from the Prime Minister on when it can open.
BTC's revenues drop over $21m
The Bahamas Telecommunications Company's (BTC) fell by more than $21m year-over-year for the nine months to end-September 2020 despite further slowing the erosion of its mobile customer base.
Baha Mar: February 'goal' for final hotels
Baha Mar's president yesterday revealed its two remaining hotel brands will re-open in February 2021 as he hailed the mega resort's return as "a real shot in the arm" for the Bahamian economy.
Provider partners with Super Value for QR code payments
A Bahamian financial technology provider has teamed with Super Value to enable shoppers to pay for their groceries using QR codes that facilitate cashless transactions.
Sterling names environmental overseer for $500m in projects
Sterling Global Financial has named an environmental and operations project manager to help oversee more than $500m in resort and residential developments presently underway in The Bahamas.
Beverage manufacturer expands beyond home
A home-based drinks provider is expanding to the Soldier Road Industrial Park after leasing premises from the Bahamas Agricultural and Industrial Corporation (BAIC).
