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Freeport hopes it’s now ‘bride, not bridesmaid’

A top Freeport realtor is voicing hope that the ITM/Royal Caribbean project will reverse the city’s unhappy recent history of “always being the bridesmaid, never the bride”.

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Bahamian dealers beat US extradition

Two Bahamians accused of facilitating an alleged $500m securities fraud and money laundering scheme are celebrating after the courts in Belize quashed the US bid to extradite them.

Bahamas’ WTO bid faces new scrutiny

The fourth Working Party meeting on The Bahamas’ bid for full World Trade Organisation (WTO) membership will take place this coming Friday in Geneva, Switzerland.

Balance key for vacation rentals

Vacation home rentals are the “perfect opportunity” for Bahamians to gain tourism sector ownership but must be taxed and regulated, a senior industry official believes.

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Water Corp’s managers demand ‘bugging’ probe

The Water & Sewerage Corporation’s executive chairman last night dismissed “baseless and absolutely false” fears employees are being bugged, amid union demands for a police probe.

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Illegal foreign salesmen chamber’s ‘top concern’

The government’s “short-term work visa” reforms have revived fears among local retailers and distributors about the ability of unregistered foreign salesmen to steal their business.

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QC: Gov’t has ‘pulled rabbit out of Freeport’s hat'

An outspoken QC yesterday apologised to the government for previously blasting its decision to acquire the Grand Lucayan, and said: “They have pulled a rabbit out of Freeport’s hat.”

Landfill manager eyes IPO for Out Island expansion

THE New Providence landfill’s new manager yesterday said it was eyeing an initial public offering (IPO) to finance the potential expansion of its business model to the Family Islands.

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Clearing Banks chief hits back on ‘oligopoly’

The Clearing Banks Association’s (CBA) chairman yesterday rejected the industry’s branding as an “oligopoly”, adding that there was “no evidence” of price-fixing and fee setting collusion.

Ex-Chamber chief: ‘Get house in order’ for WTO

The Bahamas must “get our house in order” for when it becomes a full WTO member rather than continue to debate the merits of joining, a private sector executive argued yesterday.

Lucayan Board refutes BREA ‘face slap’ claim

The Grand Lucayan’s Board yesterday defended itself from accusations that it had given “a reprehensible slap in the face” to Bahamian realtors over the property’s impending sale.

Colina suffers 26% profit drop in 2018

Colina Holdings (Bahamas) suffered a 26 percent year-over-year net income decline in 2018 as a result of increased policyholder claims, it revealed last night.

IAN FERGUSON: Getting the message across to colleagues

Communication is essential for good leadership. Effective communication and effective leadership are closely intertwined. Leaders need to be skilled communicators in countless relationships at the corporate level, in communities and groups and, sometimes, on a global level.

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Lucayan winner ‘close to perfect'

The winning Grand Lucayan bidder was yesterday said to be “very close to perfection” with its “game-changing destination” solution for resurrecting Freeport’s tourism economy.

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Govt ‘on money’ with $65m Grand Lucayan disposal

The government yesterday hit back at its detractors by arguing it was “on the money” with both the timing and value of its $65m Grand Lucayan deal.