KYC fines ‘no laughing matter’, realtors warned
Bahamian realtors must apply Know Your Customer (KYC) due diligence to real estate buyers or face fines that are “no laughing matter”, the industry has been warned.
OWN Bahamas unveils third speaker seminar
The OWN Bahamas Foundation is preparing to host its third free speaker seminar to give Bahamian entrepreneurs insights into how to grow their own businesses.
Taxi union chief’s fear for hundreds of drivers
Hundreds of taxicab drivers could potentially be left jobless at month’s end, the Bahamas Taxicab Union’s (BTCU) president fears, with the 80 percent holding leased plates most at risk.
Bahamas aims to harness ‘power of Mexican market’
A Cabinet minister headed a combined private and public sector delegation that sought to harness “the power of the Mexican market” for Bahamian tourism’s benefit.
Making the connection on Family Island growth
A proper means of inter-island transportation and accessibility is imperative for the economic growth of the Family Islands.
Top resort owner targets last Hotel Corp property
A leading Andros-based developer has emerged as the likely buyer of the last Hotel Corporation-owned resort, a Cabinet minister saying yesterday: “The quicker a deal happens the better.”
Chamber director ‘tasked’ with national pension fund set-up
A Chamber of Commerce director yesterday revealed he has been “tasked” with developing a National Workers Pension Fund in a bid to tackle The Bahamas’ looming retirement crisis.
Airlift model ‘debunked’ by 35% expansion rate
The 35 percent expansion in Nassau/Paradise Island airlift over the past 18 months has “debunked” a business model that “cost The Bahamas a fortune”, a Cabinet minister said yesterday.
‘We can’t blindly march into WTO’
A prominent businessman yesterday said the Oxford Economics study had reinforced his view “that the government must get its house in order before we blindly march into the WTO”.
Manufacturers not convinced of WTO merits
BAHAMIAN manufacturers yesterday said they are “not yet fully committed to the necessity of joining the World Trade Organisation (WTO)” based on the Oxford Economics study’s findings.
Productivity reforms gain strong backing
THE creation of a National Productivity Council and accompanying legislation is receiving strong backing from the private sector, the project’s primary consultant revealed yesterday.
Minister hails retail plaza’s expansion
A Cabinet minister yesterday hailed a Freeport retail plaza’s expansion as an example of Bahamians taking ownership of their own economy.
IAN FERGUSON: How companies can fight workplace discrimination
Discrimination has become a real issue in many corporate areas. We define business discrimination as prejudicial treatment in the workplace, which may affect hiring, firing, promotions, salary, job assignments, training, benefits and/or lay-offs based on a person’s age, gender, sexual orientation, race, religion, national origins or disabilities.
BTC is owner’s ‘most inefficient’ subsidiary
The Bahamas Telecommunications Company (BTC) was yesterday branded “our most inefficient business” by its owner despite mobile customer losses dropping to a record quarterly low.
Anti-WTO activist: Study makes case for joining tougher
An anti-WTO activist yesterday said a Chamber of Commerce-commissioned study had made it harder for The Bahamas to join by highlighting the economy’s “anomalies and deficiencies”.
