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Central Bank relaunches finance literacy campaign

The Central Bank of The Bahamas yesterday said it has relaunched its national financial literacy campaign, Get Money Smart Bahamas, to coincide with Financial Literacy Month.

Bahamian realtor attends key forum

A Bahamian realtor was an invited guest at The Crans Montana Forum on Africa and South co-operation, which was held for the fifth time in Morocco under the patronage of its king.

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Hotels pile up 48% rise in revenue

The hotel industry's "most robust performance for 12 years", highlighted by January's 48 percent year-over-year room revenue increase, was maintained for the entire 2019 first quarter.

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DARE on crypto to ‘stay relevant’

The Bahamas has no choice but to embrace fintech and crypto assets if it wants “to remain relevant” in the global economy, a former attorney general warned yesterday.

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US ‘jumping to conclusions’ on suspect deals reporting

The US was yesterday accused by a former finance minister of “jumping to conclusions” over its assertion that too few suspicious transaction reports (STRs) are filed by Bahamian banks.

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Central Bank’s crypto deposit, credit bar gets mixed reviews

The Central Bank of The Bahamas has received push back to its proposal that banks must not accept crypto currency deposits, or make such loans, to customers.

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Dairy Queen makes Pointe with sixth site

The Dairy Queen franchise has expanded its New Providence presence and created ten jobs with the launch of its sixth location at The Pointe in downtown Nassau.

Blue Lagoon takes sustainability award

Blue Lagoon Island, home to the Dolphin Encounters attraction, has received the Travelife Partner award in recognition of its efforts to achieve long-term sustainability and corporate social responsibility.

‘Significant progress’ made in Oban talks

A Cabinet minister yesterday said “significant progress” had been made on several environmental and legal concerns associated with the Oban Energies’ Heads of Agreement (HOA).

Minister reassures on GB electricity ‘theft’

A Cabinet minister yesterday reassured Freeport businesses and residents that the government was still talking to the island’s electricity utility over its response to recent “theft” claims.

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Lucayan buyers must be Freeport’s Atlantis

The Grand Lucayan’s new owners must have an Atlantis-type impact to relaunch a destination that will have been “off the market” for at least four years, a Freeport hotelier warned yesterday.

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Water Corp unions plan 'wildcat' action

The Water & Sewerage Corporation's (WSC) two trade unions are planning to stage a "wildcat withdrawal of enthusiasm" today amid claims staff morale is at an "all-time low".

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WTO to ‘modernise 70-year-old model’

The government is “absolutely correct to modernise a 70-year-old economic model” by seeking full WTO membership, a well-known Bahamian attorney argued yesterday.

WTO ‘no silver bullet’ for GDP growth woes

Full World Trade Organisation (WTO) membership “is not a silver bullet” for solving The Bahamas’ economic growth woes, a Chamber of Commerce executive argued yesterday.

‘Irreparable harm’: Local broker’s fear dismissed by SEC

US federal regulators have dismissed fears that a Bahamian broker/dealer will suffer “irreparable harm” as a result of its probe, accusing its principal of “forum shopping” to defeat their efforts.