BISX inks 'world class' digital exchange boost
The Bahamas International Securities Exchange’s (BISX) goal of becoming a “world class” digital trading player has received a major boost after it secured a partner to launch a new exchange.
Privatising Nassau Flight: Foreigners need not apply
A Cabinet minister has told foreigners to forget about bidding for Nassau Flight Services (NFS) with his ministry today launching the privatisation process for the state-owned ground handler.
‘Drastically shrinking’ middle class market
The Bahamian real estate market “shrinks drastically” beyond the $450,000 price point because too many purchasers are being priced out, a local developer has warned.
Private equity venture eyes ‘$100m-$200m opportunities’
A BISX-listed firm yesterday said its newly-created venture capital subsidiary can exploit “over $100m to $200m in opportunities” provided by Bahamian companies that need reinvigorating.
BISX-listed Fund: ‘much changed’ if vacancy cut 50%
A BISX-listed fund’s administrator yesterday said “the picture will be much changed” by year-end 2019 if it succeeds in slashing vacant space at its flagship property by 50 percent.
BISX seeks share in each listed firm
The Bahamas International Securities Exchange (BISX) wants to obtain a share in each of its listed companies so it can determine if they are meeting their disclosure obligations.
Tourism targets ‘new and refreshed face’
The Tourism Development Corporation(TDC) held a Community-Based Tourism workshop at the University of The Bahamas (UoB) in a bid to create more entrepreneurial opportunities.
Export revenues cut out from business licence
The government is moving to stimulate export activity by excluding all revenues generated from the calculation of business licence fees, the deputy prime minister said yesterday.
Top US govt financier set to visit Bahamas
The head of the US government’s development finance institution will visit The Bahamas next week to explore investment opportunities in energy and other sectors.
BTVI chief meets with US official
A US government official met with the Bahamas Technical and Vocational Institute’s (BTVI) president just a day before a scholarship programme was reinstated for Bahamians.
Insolvency Association to discuss legal reform
The Restructuring and Insolvency Specialists Association (RISA Bahamas) is to host a roundtable discussion on proposed changes to this nation’s insolvency legislation.
Cable tells shareholders: ‘It’s only matter of time’
Cable Bahamas top executive yesterday reassured investors it was “only a matter of time” before double-digit revenue and operating income growth eliminated balance sheet imbalances.
Aliv: ‘No let up’ after 62% revenue growth
Aliv’s top executive yesterday pledged that the mobile upstart is “not letting up one bit” after year-to-date revenues jumped 62 percent to hit $40.9m.
DPM: ‘Not reached’ business licence reform stage yet
The deputy prime minister says the government has “not reached the point” of finalising business licence reform despite being “very sensitive” to the burden it imposes on the private sector.
‘We have destroyed the tourism product’
A well-known musician and entertainer yesterday argued that The Bahamas has allowed foreign investors to “dictate” its tourism identity, blaming the cruise lines and mega resorts for destroying “the Bahamian experience”.
