Winterbotham takes BISX listings to 26
The Bahamas International Securities Exchange (BISX) has announced that another investment fund has been added to its roster of listings. The exchange said Providence Capital Fund, which is licensed under the Investment Funds Act 2003, has completed
GB airport awaits inspection today
The Government’s top aviation official says US regulators are expected to clear Grand Bahama International Airport to receive international flights following an inspection today. Algernon Cargill, pictured , director of aviation, told Tribune Busine
Airport bracing for 230k passengers
Lynden Pindling International Airport (LPIA) is aiming to make it feel like Christmas for the 230,000 passengers set to move through its three terminals over the next two-and-a-half weeks. “Based on historic passenger numbers this year and our initi
ISLAND INSIGHTS: Mayaguana eyed for shipping hub
As the search continues for new ways to grow the Bahamian economy, Mayaguana’s potential contribution towards its growth merits a closer look at. In the previous segment on Mayaguana, the island was described as a “blank slate” for investment. This a
Bahamas enjoying 'major' airlift growth
The Bahamas has seen “significant airlift growth” to Nassau and two other islands as its pushes its “open for business” message in the aftermath of Hurricane Dorian. Tyrone Sawyer, senior director of airlift development for the Ministry of Tourism a
High office, retail demand for $250m PI development
The developer behind Hurricane Hole’s $250m revival has fully leased all the office space in phase one of its project together with 80 percent of the retail units, it has revealed. Sterling Global Financial said the Paradise Island-based development
Restaurant gains $89k debt funding
A restaurant has obtained $89,000 in loan financing from the Bahamas Development Bank (BDB) after working with the Small Business Development Centre (SBDC).Owned by Kimberly Marshall, pictured, Dynasty Café is a soul food eatery that will serve break
'No clue' over $300 minimum wage hike
The Chamber of Commerce's top workforce specialist yesterday revealed he has "no clue" where the director of labour's assertions about a $300 weekly minimum wage originated from.
Blacklisting: Ex-AG fears others will follow France
An ex-attorney general yesterday warned that France’s “blacklisting” of The Bahamas may entice other countries to follow suit, and urged this nation to seek US help in defending its interests.John Delaney, principal of the Delaney Partners law firm,
Customs won't accept 'garbage information'
A top Customs official yesterday warned its new system will not accept “garbage information” as a Bahamian firm unveiled software designed to smooth the Click2Clear user’s experience. Information Specialists Bahamas (ISL), a software development com
Governance reformer: $210 minimum wage can't meet living cost
A governance reformer yesterday argued it is impossible to live on a $210 weekly minimum wage because “the Bahamian cost of living is too high”. Robert Myers, the Organisation for Responsible Governance’s (ORG) principal, told Tribune Business that
Bahamas ‘too profitable’ for an RBC exit
A former finance minister yesterday voiced optimism that The Bahamas is “too profitable” for Royal Bank (RBC) and its Canadian rivals to abandon following their eastern Caribbean exit.
University deal to give tourism boost
The University of The Bahamas has signed a Memorandum of Understanding (MoU) with a key tourism agency to help strengthen the sector’s resilience and growth prospects.The agreement with the Tourism Development Corporation is also intended to deepen t
No GB jobless survey till 2021
The Department of Statistics may not undertake a survey of Grand Bahama’s jobless levels until May 2021, its acting director revealed yesterday.Leona Wilson explained that a combination of post-Hurricane Dorian fall-out, with the Department’s Grand B
Bank unveils first apprentice winner
The Bahamas Development Bank (BDB) yesterday unveiled the first beneficiary of its new apprenticeship programme, which is named in honour of its first managing director, Warren Logan-Rolle. K Peter Turnquest, deputy prime minister, speaking at a pre
