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BISX adds seven more fund listings

The Bahamas International Securities Exchange (BISX) yesterday said it has added seven new listings to its investment funds roster.

Bahamian firm staging finance crime workshop

A Bahamian asset protection and loss prevention firm is holding a two-day “advanced” anti-money laundering workshop at the British Colonial Hilton, starting tomorrow.

Work space provider expands to Bay St

A Bahamian shared work space provider is expanding its office offerings to a new Bay Street location that will cater to corporate clients.

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Decision imminent on Lucayan deal

The Grand Lucayan's chairman yesterday confirmed a preferred bidder for the resort is likely to be announced this week with the Board set to submit its recommendations imminently.

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Activists slam GB Power over ‘strong arm tactics’

Activists have accused Grand Bahama Power Company of employing “strong arm tactics” to force customers to settle the “fake energy savings devices” controversy on its terms.

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Seize ‘new optimism’ for Bahamian empowerment

A Cabinet minister yesterday urged The Bahamas to seize the “new optimism” and empower more local ownership of an economy that “is beginning to tick”.

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Nassau air arrivals strike 28-year peak

Air arrivals to New Providence achieved their highest quarterly growth for 28 years during the final three months of 2018, expanding by 20.6 percent to complete a strong year for Bahamian tourism.

Poultry producers in push for quotas

A BAHAMIAN poultry producer yesterday revealed it is “pushing” for chicken imports to be regulated by quotas rather than the current tariff system as The Bahamas’ march to WTO accession continues.

Bahamian restaurant expands to new site

Jumbey Café, the Village Road-based restaurant deeply rooted in Bahamian flavours, has expanded to a second location on Carmichael Road.

Customer service boost for cruise port providers

Vendors, tour operators and government agencies who operate at Prince George Wharf were given the chance to sharpen their customer service skills recently during a two-day workshop.

Bahamas urged: ‘Seize’ blockchain opportunity

BLOCKCHAIN and crypto currency assets have the potential to revolutionise “the way we do business”, a local advocate said yesterday, urging The Bahamas to “seize the opportunity”.

National debt ends 2018 at $8.22BN

The Bahamas’ national debt finished 2018 at $8.22bn, having increased by $335.3m last year, although GDP growth meant it fell slightly in proportion to the size of the economy.

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Bahamas $750m bond missed global standard

The government last night said it “recognised the merits” of reform after the IMF revealed The Bahamas’ last US$750m sovereign bond issue did not meet evolving global standards.

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Regulators warn BPL: Be ‘fair’ in your probe

Regulators have warned Bahamas Power & Light (BPL) to be “fair, transparent and non-discriminatory” over any probe into whether its customers are using “fake energy saving devices”.

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Ex-Bahamas CEO defeats $2m asset freeze reimposition

A former Bahamas-based chief executive, accused by his ex-employer of taking $2m in unauthorised payments and expenses, has successfully resisted the reimposition of an asset freeze.