Residents to receive $500m in reinsurace
The Central Bank’s governor yesterday said Bahamas residents were in line to receive 50 percent of the more than $1bn in reinsurance settlement inflows to cover Hurricane Dorian losses. John Rolle told the Bahamas Business Outlook conference: “Colle
Canadian trade mission to 'matchmake' locally
A Canadian diplomat yesterday revealed that 12 of Canada’s most “progressive” companies will be present today for a Dorian-related reconstruction forum being held at the Melia resort. Laurie Peters, Canadian High Commissioner to The Bahamas and Jama
Bahamas ‘top of the heap’ before Dorian
The Bahamas was “top of the heap” prior to Hurricane Dorian with its 17 percent hotel occupancy growth leading the Caribbean, a top regional tourism executive said yesterday.
$1bn pledge centres on health projects
A US group’s $670m proposal to transform Bahamian healthcare infrastructure is just one of “five offers on the table”, a Cabinet minister revealed yesterday, adding: “It’s nice to have options.”
BOB's aid to Miller 'above and beyond'
Bank of The Bahamas yesterday said it "went above and beyond" in trying to help Leslie Miller and his family remedy $25-$28m worth of loan facilities that had been "seriously delinquent for years".
Minister ‘not worried’ on Lucayan airport demand
A Cabinet minister yesterday said he is “not worried” that the ITM/Royal Caribbean joint venture wants a government guarantee the airport will be fixed before they close the Grand Lucayan deal.
Chamber director: We have ‘solution’ for work permits
A Chamber of Commerce director yesterday urged labour policymakers to meet with him over a more effective “solution” to their understudy demands, and warned: “Not talking creates problems.”
Law firm pledges ‘full co-operation’ over alleged scam
A major Bahamian law firm yesterday said it will fully co-operate with any local investigation after a former client denied involvement in a much-publicised alleged scam involving a Nigerian oil explorer.
BFSB rewarded over industry’s promotion
The Bahamas Financial Services Board (BFSB) has been honoured with International Investor’s 2020 award for Outstanding Promotion of Financial Services.
Realtor tops firm in just three years
A realtor has become his company’s top producer just three years after he decided to swap accounting for a career in the industry.
Port Authority names corporate affairs head
The Grand Bahama Port Authority (GBPA) has named Philcher Grant as director of group corporate affairs and government relations at its Port Group Ltd affiliate.
Baha Mar executive in marketing honour
A senior Baha Mar executive has been honoured with the 2019 Hospitality Sales & Marketing Association International’s (HSMAI) Top 25 Most Extraordinary Minds award.
Exuma’s White House readies for the auction
A hill-top Exuma residence known as the White House will be showcased to the world at the end of January when it goes up for sale on Concierge Auctions’ website.
RBC ‘very curious’ on Sand Dollar roll-out
Royal Bank of Canada’s (RBC) Caribbean chief yesterday pledged it would participate in the roll-out of the digital Bahamian dollar, adding that it was “very curious to see how it’s going to unfold”.
Poultry producer fumes over getting ‘simple things done’
An Abaco-based poultry producer yesterday challenged government assertions that all its services are “up and running”, citing “aggravation” over trying to get “simple things done” on the island.
