Bran: Banks cannot hold nation hostage on marijuana plans
The Bahamas' ambitions to develop a legalised medical marijuana/hemp industry cannot be held hostage by the banking industry's concerns, an ex-Democratic National Alliance leader is arguing.
Retailer 'can't afford to take risks blindly' after 80% sales fall
A Bahamian retailer has warned he and others "cannot afford to take blind risks any more" due to the Government's handling of COVID-19, with curb-side restrictions slashing his sales by 80 percent.
Holding our breath for what could turn out to be a dangerous day
ActivTrades
ONE of the greatest political upsets of all times happened four years ago, when Donald Trump beat the expectations of many and proved pollsters wrong by snatching victory from the hands of the hot favourite Hilary Clinton.
COVID testing: '11th hour' u-turn blasted
* Coalition stunned by '180 degree' reversal * Came after 3m kits distributed to entry ports * Principal: 'This why I don't like work for Gov't'
Chamber war on COVID advocacy
A furious internal row has erupted at the Bahamas Chamber of Commerce over a major retailer's complaint that it is doing to little to address private sector concerns over COVID-19 restrictions.
Reporting compliance key to fighting financial crime
In the Bahamas, both supervised financial institutions (SFIs) and designated non-financial businesses and professions (DNFBPs) are required to appoint a Money Laundering Reporting Officer (MLRO).
RBC starts building new Abaco branch
Royal Bank of Canada (RBC) says it has begun construction on a digitally-enabled branch that will serve Marsh Harbour and the Abacos once it opens in February 2021.
Hotel queries on COVID test and quarantine plan
A major New Providence hotel says numerous unanswered questions remain over the COVID-19 re-opening protocols - especially around the five-day testing and quarantining of asymptomatic visitors.
Bahamas must be 'clear' to restore tourism confidence
The Bahamas must set "clear and concise rules" for its tourism opening, and stick to them, if it is "to restore confidence in the market", a top Ministry of Tourism official has warned.
Digital currency is 'a giant step'
A financial services provider has the Central Bank's launch of a Bahamian digital currency as "historic" and "a giant step" that will help propel The Bahamas ahead of many industrialised nations.
BFSB elects new Board of Directors
The Bahamas Financial Services Board (BFSB) elected a new board of Directors to serve for a two-year term (2020-2022) at its recent annual general meeting (AGM).
Jamaican firm takes 60% of food distributor
A publicly-traded Jamaican firm is "realising remarkable growth" upon entering the Bahamian food distribution market via its acquisition of a 60 percent majority stake in a local wholesaler.
Gov't exhausted $14m COVID food budget in 3 months
The Government exhausted the $13.9m budget it had provided to feed hungry Bahamians for the full 2020-2021 fiscal year within just three months, it was revealed yesterday.
BPL burden increase via new $246m loan
Bahamas Power & Light (BPL) is facing an increased financial burden after being made responsible for servicing a $246m loan that paid out government guaranteed debt.
COVID 'confusion' hurts Sandals' Bahamas return
Sandals chief executive yesterday warned "not to hold on to" the February 1, 2021, re-opening date for its Bahamian resorts with this nation's COVID restrictions creating "confusion in the market".
