Govt's training focus to underpin tech hub
The government is focusing on education and training to help build the skilled workforce necessary to underpin its technology hub ambitions, a Cabinet minister says. Senator Kwasi Thompson, minister of state for Grand Bahama in the Office of the Pri
June 2020 target for WTO is 'aspirational'
The June 2020 target for The Bahamas to become a full WTO member is “purely aspirational” and not one that must be met at all costs, a Cabinet minister confirmed yesterday. Elsworth Johnson, newly-appointed minister of financial services, trade and
No 'wait and see' on Abaco port upgrades
Abaco is not taking a “wait and see approach” over further upgrades to its commercial shipping port despite averting the threat of a US cargo shut-down, a local MP revealed yesterday. James Albury, who is also the Abaco parliamentary secretary in th
Chemicals targeted for ban in 1,900 Bahamian buildings
A Chamber of Commerce executive yesterday hailed efforts that have identified 1,900 Bahamian buildings which contain toxic chemicals due to be banned under an international treaty. Debby Deal, who heads the chamber’s energy and environment division, p
Non-profit reforms 'big improvement'
Civil Society Bahamas’ president yesterday said the latest reforms to non-profit regulation represent “a marked improvement” that will prevent the elimination of many groups. Dr Anthony Hamilton, who heads the umbrella organisation that represents l
OECD not harmful finding may only be 'temporary reprieve'
The Clearing Banks Association’s (CGA) chairman yesterday said the OECD’s finding that The Bahamas’ tax regime is “not harmful”, while “good news”, represents only a “temporary reprieve”.Gowon Bowe, pictured, told Tribune Business: “That is a positiv
Bahamas urged: 'Keep pace' on financial reporting quality
The Bahamas was yesterday urged to “keep pace” with global financial reporting standards, a senior accountant arguing: “We have not been accustomed to reporting on our financial affairs”. Gowon Bowe, the Clearing Banks Association’s (CBA) chairman,
BAIC Farmer's Market in east Nassau return
The Bahamas Agricultural and Industrial Corporation (BAIC) yesterday said its Farmer’s Market will return to RM Bailey Park this Saturday with a variety of Bahamian grown fruits and vegetables on sale at reasonable prices. BAIC will again team up wi
IAN FERGUSON: Building the right workplace culture
No matter the industry or profession, in today’s fast-paced corporate environment we undoubtedly spend the majority of our waking week-day hours at work. A lot of us spend more time with our colleagues than with our own families, and during some week
QC: ‘Don’t do business in Bahamas right now’
A prominent QC yesterday said he “would not advise anybody to do business in The Bahamas right now” because of the “strangulation” caused by excessive red tape and client due diligence.
Sky chief asks regulators: Do you want us to close?
Sky Bahamas' principal last night challenged aviation regulators to clarify whether they want "to shut us down" as the airline "could be at the point of not coming back".
Petition targets PM on $580m Abaco project
Opponents of a $580m south Abaco resort project have launched an online petition that has amassed 767 signatures in just over one week against the development.The petition, started by Sustainable South Abaco and aimed at the Prime Minister, warns tha
BTC spots 'chinks in Cable's armour'
The Bahamas Telecommunications Company’s (BTC) top executive believes there are “chinks in the armour” at Cable Bahamas that it can exploit to win back market share. Garfield “Garry” Sinclair, pictured , BTC’s chief executive, told Tribune Business
National plan demanded for fishing sector
THE Bahamas Fly Fishing Industry Association’s (BFFIA) president yesterday called for a national development plan for the industry, voicing concerns that its regulatory regime needs to be strengthened.Prescott Smith told Tribune Business that having
DPM hails OECD finding that tax laws 'not harmful'
The deputy prime minister yesterday hailed the Organisation for Economic Co-operation and Development’s (OECD) finding that The Bahamas’ domestic tax laws are “not harmful”. KP Turnquest, in a statement, said the Paris-based body’s assessment reinfo
