Broker principal: US probe defeat ‘not a setback’
A Bahamian broker/dealer’s principal yesterday argued he had suffered “no setback” after his first bid to block a probe by US federal regulators was thrown out.
GB entrepreneurs readied for growth
The Grand Bahama Port Authority (GBPA) has moved to ensure Bahamian entrepreneurs and businesses are ready to exploit potential multi-million dollar cruise line investments.
Arawak port chief hails ‘phenomenal’ festival
The Nassau Container Port’s operator yesterday said its first-ever Maritime Festival was “a phenomenal experience” that exposed Bahamians to the full breadth of the maritime industry.
Wells fails to ease jet ski sector fears
Jet ski operators yesterday expressed fears that other resorts will follow Baha Mar and restrict their business opportunities by giving one local firm an exclusive on watersports activities.
Bain Town, Bimini initiative targeting community tourism
THE Bahamas can use community-based tourism to empower rural and inner-city communities, a university academic argued yesterday, with two pilot initiatives set to be rolled-out in the fall.
Commission early adopter of of global co-operation deal
The Securities Commission has become one of only eight regulators approved to adopt an enhanced information sharing protocol developed by a global supervisory body.
‘Like a cancer’: Port to join URCA battle
The Grand Bahama Port Authority (GBPA) is set to intervene in Freeport’s utilities regulation battle, with a top QC yesterday accusing the government of “eating like a cancer” at the city’s governance.
'Critical surgery' for Bahamian economy
The Bahamas "must perform critical surgery on our economy" to return to the 3 percent-plus average GDP growth enjoyed pre-recession, the Chamber of Commerce's chief executive said yesterday.
‘Quality of life’ disconnect between gov’t and people
A prominent businessman yesterday said there was a disconnect between WTO-type policy decisions and how they “translate into an improved quality of life” for most Bahamians.
Sarkis dismisses $150m damages claims from CCA
Baha Mar’s original developer yesterday dismissed the $150m counter-claim launched by the project’s contractor as another episode in its “long history of misrepresentations”.
Technology hub flagship admits problems but no GB pull-out
The “flagship” for the government’s Grand Bahama technology hub yesterday denied it plans to exit the island while admitting its business strategy had run into problems.
PLP has ‘no credibility’ on GDP growth attack
The deputy prime minister yesterday slammed the opposition’s criticisms of the failure to hit 2018’s 2.3 percent economic growth target as having “no credibility”.
Financial services hails tax residency certificate
THE financial services industry yesterday hailed the long-awaited introduction of tax residency certificates as a means to ensure The Bahamas “does not run afoul” of global watchdogs.
Ferry day excursion targets 70k guests
A Bahamian entrepreneur is aiming to take 70,000 passengers per year on day excursions to Eleuthera by launching a passenger ferry service later this year.
BTC’s junior achiever GB group wins big
The Bahamas Telecommunications Company’s (BTC) Grand Bahama Junior Achievement (JA) company, ‘BTC B.O.S.S.’ (Bold Outstanding Successful Students), took the top awards at the local JA Banquet.
