Outrage at Abaco tourism omission
A furious South Abaco tourism business is blasting the Ministry of Tourism for “scrubbing” the island’s portal from its website, arguing that this threatens “to tear us down even further” post-Dorian.
Bahamas in Fintech 'first for Caribbean'
Corporate loan rejection rates in The Bahamas are double those in other Caribbean countries, it has been revealed, resulting in financial technology (Fintech) being deployed to boost capital access. An Inter-American Development Bank (IDB) paper on
Climate change 'reverse' for real estate valuations
A Bahamian realtor says climate change is reversing real estate market values “back to the era of our grandparents” with an emphasis on elevated locations away from the coast. Monica Knowles, a top producer at Bahamas Realty, argued that the impact
Oil explorer seeks approval to open to small investors
A Bahamas-based oil explorer and its advisers last Thursday submitted a formal request for regulatory approval to open their £2m mutual fund to investments by small Bahamian retail investors.Brian Jones, managing director of Leno Corporate Services,
UK indicates support for Bahamas' 'Blue Economy'
The British High Commissioner has indicated that the UK will likely support The Bahamas’ efforts to develop the so-called “Blue Economy” and greater use of technology in agriculture. Sarah Dickson shared her government’s potential backing when she p
BTVI chief: Skills gap has widened
The Bahamas Technical and Vocational Institute’s (BTVI) president is arguing that skills gaps within the Bahamian workforce have actually widened over the past decade based on recent survey results.Dr Robert Robertson, speaking to Tribune Business fo
DPM: Credit bureau to create 'truth in lending'
The deputy prime minister has voiced optimism that The Bahamas’ first-ever credit bureau will create “truth in lending” and help to open a “sluggish” credit market that has dampened economic growth. K Peter Turnquest, speaking at the bureau’s launch
Airport to seek extra fixed-base operator
Lynden Pindling International Airport’s (LPIA) operator is aiming to grow its revenue streams by seeking an extra fixed-base operator (FBO) after it broke the 4m passenger mark for the first time in 2019.The Nassau Airport Development Company (NAD),
GB airport in '$1 each' proposal
A proposal has been made for the government to acquire Grand Bahama International Airport by paying its existing owners $1 each then assume responsibility for its multi-million dollar rebuilding.Well-placed Tribune Business sources, speaking on condi
Sixty percent of firms say workforce 'uncompetitive'
Some 60 percent of Bahamian companies view the country’s workforce as “globally uncompetitive”, with a labour specialist affirming yesterday: “Everyone admits we have a challenge.” Peter Goudie, the National Tripartite Council’s vice-chairman, said
Bahamas back as 'least corrupt in the Caribbean'
The Bahamas yesterday regained its status as the least corrupt country in the Caribbean despite governance reform activists arguing that this “does not tell the full picture” on widespread graft.Matt Aubry, the Organisation for Responsible Governance
Caribbean rating agency entering Bahamas market
A Caribbean rating agency yesterday voiced optimism it can help Bahamian debt issuers raise capital at lower costs after being approved to offer its services in this nation.Wayne Dass, Caribbean Information and Credit Rating Services Limited (CariCRI
Bahamas must be an ‘Atlantic tiger’ over arbitration
The Bahamas must become the “Atlantic tiger” in arbitration and alternative dispute resolution (ADR) rather than staying a “Caribbean pussy cat”, a former Bar Association chief urged yesterday.
Correction
Tribune Business, in a January 23, 2020, article entitled Downtown chief pledges area’s transformation, reported that the Downtown Nassau Partnership’s (DNP) managing director, Ed Fields, would be leaving his post to join Global Ports Holding as an i
The 20 areas which leaders must impact
Research suggests that business success rests on impactful leadership. Leadership at all levels requires skill, passion and will. We now focus our attention on 20 competencies that 2020’s leaders must exhibit all year long in this first of a two-part
