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Grand Lucayan deal merits under review

Consultants have been hired to review the Grand Lucayan deal’s merits amid growing doubts that it now delivers the promised benefits to the Bahamian people, Tribune Business can reveal.

Liquidator concern on $8m taken from collapsed broker

A Bahamian broker/dealer’s liquidator has voiced concern that its majority shareholder and then-senior management removed over $8m in the two-and-a-half years prior to its insolvency.

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Abaco to meet Gov’t on ‘number one issue’

ABACO’s private sector is scheduled to meet with the Government today to resolve the “number one question” that is the fate of the island’s post-Dorian Special Economic Recovery Zone.

‘Abandoned’ Sky staff claim $740,000 owed

Some 40 former Sky Bahamas employees will appear before the Industrial Tribunal today claiming that the former airline has “totally abandoned” them and the collective $740,000 it owes.

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Bitcoin – The new gold or another supernova moment?

ActivTrades

By the current year’s standards, 2017 was pretty average.

Public officials need to ‘un-think’ how they work

THE Government’s digital transformation initiative requires public officials to “un-think” their traditional approach to serving the Bahamian people, a Cabinet minister has said.

UN body teams to aid local MSMEs

THE Organisation for Responsible Governance (ORG) has teamed with a United Nations (UN) body for an initiative designed to aid Dorian-ravaged micro, small and medium-sized enterprises (MSMEs).

Bahamas targets summit for conference planners

THE Bahamas was the only international destination represented and presenting at the recent National Coalition of Black Meeting Professionals (NCBMP) conference under the theme Focused and Empowered.

Bay Street nervous on cruise return wait

A DOWNTOWN Nassau restaurant owner is hoping cruise tourism can make a full rebound earlier than 2021 given that 60 percent of his business is generated by that industry.

Retailers ‘scared’ on emergency extension

RETAILERS say the Government’s extension of its COVID-19 emergency powers Order through to December 28 threatens to create more uncertainty for the key Christmas shopping season.

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BPL's Shell MoU hits its expiry date

Bahamas Power & Light's (BPL) chairman yesterday confirmed a key agreement with Shell for New Providence's new power plant has expired amid suggestions the Government may approach "other parties".

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'Grey clouds' must lift to get Cable dividends

Cable Bahamas' top executive says dividend payments to ordinary shareholders will only resume after "some of the grey clouds" presently hovering over the Bahamian economy disappear.

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No full cruise rebound forecast until late 2022

Nassau Cruise Port's controlling owner has warned industry stakeholders that full recovery may be two years away with 2019 passenger numbers not returning until the 2022 second half.

'Not reassured in slightest' by oil drill ship's watchdog

Environmental activists say they are "not reassured in the slightest" by the promised presence of the Government's watchdogs on Bahamas Petroleum Company's drilling ship.

IAN FERGUSON: Signs that it is time to move on

These are quite difficult times in the job market. This is certainly not the ideal time for anyone to up and leave their jobs without a secure option, or a passion and plan for entrepreneurship. Sometimes, though, the bad week turns into a month or year, sending the signal to the progressive employee that it may be time to transition to another workplace or sector altogether.