‘On fire’ materials to hit construction
Contractors yesterday warned their home building clients face “a hit to their pockets” in 2021 from an “on fire” construction materials market where prices have risen ten percent since the New Year alone.
BISX pauses digital securities ambitions
The Bahamas International Securities Exchange (BISX) has paused its ambitions to launch a digital securities trading platform as it bids to catch-up with the sector’s fast-paced evolution.
Bahamas to rebound ‘faster’ than its rivals
A top hotelier believes The Bahamas’ “proactive” approach to COVID-19 testing and health protocols will enable its tourism industry to rebound faster than its competitors.
Solar’s pioneers being ‘bypassed’
“Pioneering” Bahamian solar firms are being “bypassed” on the “big piece of the pie” due to how government tenders for utility-scale renewable energy are being structured, one provider is asserting.
Governor ‘lays down gauntlet’ for banking
The Central Bank’s governor has “laid down the gauntlet” with his plans to modernise the commercial banking industry for the 21st century, a BISX-listed institution’s chief executive said yesterday.
Union chief in ‘101%’ backing for judge’s call
A trade union leader yesterday gave his “101 percent” backing to a Supreme Court judge’s call to modernise the Industrial Relations Act and take the government out of union elections.
Ex-BPL worker loses $6k over ‘lewd’ dismissal
An ex-Bahamas Power & Light (BPL) employee has been stripped of the $6,068 she was awarded after being terminated for “lewd sexual activity” while working in the utility’s cashier cage.
‘Polish what we have before tourists return’
A prominent realtor yesterday voiced optimism that real estate sales could increase by 50 percent this year as he urged Bahamians to “polish what we have” before the tourism market rebounds.
Electric auto dealership aims to 'double' growth
The Bahamas' first electric car dealership owner yesterday said it expects to "double" its growth rate for 2020 with vehicles said to be going “great".
‘Russian Roulette’ by 20% of drivers
More than 20 percent of Bahamian drivers “are playing Russian Roulette” with people’s lives because they have no insurance protection, a top industry executive warned yesterday.
GOVT BONDS LISTING BOOSTS BISX’S MARKET CAP BY 58%
The Bahamas International Securities Exchange's (BISX) total market capitalisation grew by 58 percent in 2020 due to the listing of more than $3.4bn in long-term government bond debt.
CIBC launches new banking technology
CIBC FirstCaribbean International Bank (Bahamas) has launched the roll-out of its 'smart' automated banking machine (ABM) technology in Grand Bahama.
COVID visitor testing hits 'bumps in road'
The Government's five-day COVID-19 visitor testing strategy has hit "some bumps in the road" on islands where provision is solely reliant on the public sector clinics, a Cabinet minister said yesterday.
Poultry self-sufficiency 'doable' within 3 years
A Bahamian producer yesterday said this nation could become self-sufficient in poultry within three years if the correct policies and regulations are implemented.
Liquor sales 'slower than normal' post-Christmas
Liquor retailers yesterday said January sales to-date have been "much slower than normal" even though many traditionally see a drop-off post-Christmas.
