Local Business

Subscribe

WTO 'devastating' for farmers and fisheries

Becoming a full World Trade Organisation (WTO) member will be “devastating” for Bahamian farmers because they are “not prepared” for the competitive demands of liberalised trade regimes.Caron Shepherd, president of the Farmers United Cooperative, tol

Realtor teams with RBC for Hot Summer Homes

A Bahamian realtor has partnered with Royal Bank of Canada (RBC) to launch a two-month promotion that pledges to deliver a 48-hour turnaround on buyer financing approvals. Monica Knowles, property specialist with Bahamas Realty, explained that the t

Bahamas seeks Israeli help on transportation

The Bahamas is seeking Israel’s support and assistance over maritime and transportation-related matters. Renward Wells, minister of transport and local government, last week discussed with his Israeli counterpart, Bezalel Smotrich, the Middle Easter

Web shops donate to gambling addict fight

Bahamian web shops have donated $7,500 to Grand Bahama Health Services (GBHS) to help finance the training of two clinicians in how to treat gambling disorders.The Bahamas Gaming Operators Association (BGOA), in a statement issued last night, said th

Tease photo

DPM: Tax 'confusion' resolved by Monday

The deputy prime minister yesterday pledged that any “confusion” and “run around” stemming from the switch to VAT on real estate transactions will be “sorted out by Monday”. KP Turnquest told Tribune Business that the government was moving to ensure

Tease photo

IMF: Make bus tickets electronic

The government has been urged by the International Monetary Fund (IMF) to prioritise introducing electronic bus tickets as a means to encourage Bahamians to switch to electronic payments. The fund, in a just-released assessment of the Bahamian payme

Tease photo

Fears for 'reform catalyst' if WTO deadline missed

Private sector executives yesterday expressed fears that The Bahamas will lose “a desperately-needed reform catalyst” if the government decides the 2020 WTO target is unattainable.Darron Pickstock, who heads the Chamber of Commerce’s trade and invest

Tease photo

WTO opponent: 'I'm not letting my guard down'

A vocal WTO opponent yesterday promised he will “not let my guard down” despite the government’s chief negotiator suggesting it was likely the 2020 accession target will be missed.Paul Moss, pictured, head of Bahamians Agitating for a Referendum on F

Tease photo

Bank chief urges shift in low-cost housing policies

The Clearing Banks Association’s (CBA) is again urging the government to focus its low-cost housing effort on buying distressed properties rather than developing new subdivisions.Gowon Bowe, pictured, told Tribune Business that such a shift would gen

Airbnb unveils Experiences platform for entrepreneurs

Airbnb has teamed with the Government’s Tourism Development Corporation to host a series of events aimed at empowering local entrepreneurs through a platform that highlights local activities.The events, which included a Train the Trainer programe, an

Chinese travel agents make Bahamas visit

The Ministry of Tourism partnered with the private sector to host senior managers from 12 leading Chinese travel agencies on a familiarisation visit to The Bahamas.The objective of the trip, which was organised with help from Air Canada, Atlantis, Gr

IAN FERGUSON: Ways to navigate the treacherous workplace

We are increasingly hearing about the great difficulties younger employees are having in their efforts to assimilate into the Bahamian workforce. The general perception is that younger workers are not fully committed to the task at hand, and walk in

Travel company wins airline award for third year in row

Going Places Travel, a major Caribbean travel management firm, has been honoured by American Airlines for a third consecutive year. The airline awarded Going Places Travel its Caribbean Circle of Excellence Award, which recognises the sales performa

Tease photo

Delinquent homeowner law's $500m 'bottleneck'

Commercial banks are working with the government to remove “bottlenecks” to cutting the industry’s $500m “bad loan” pile that stem from existing protections for delinquent homeowners. Gowon Bowe, the Clearing Banks Association’s (CBA) chairman, this

Tease photo

Bran: Bahamas 'must explore' income tax

The Democratic National Alliance’s (DNA) ex-leader yesterday argued that The Bahamas “certainly needs to explore” replacing the present regressive taxation system with an income tax.Branville McCartney, backing the International Monetary Fund’s (IMF)