BTC suffers $13.6m first half revenue fall
The Bahamas Telecommunications Company’s (BTC) $13.6m first-half revenue decline last night underscored the urgency of pleas for corporate unity as its business continues to slip away.Figures for the first six months of 2019, released by its ultimate
Ferry provider in Bimini deal 'stolen from it'
Resorts World Bimini has this week switched the location and provider of its Florida-based ferry service, selecting an operator that previously claimed the deal was “stolen” from it.The resort, owned by the Malaysian conglomerate, Genting, has swappe
Judicial reforms to give 'clout beyond our size'
An ex-attorney general yesterday hailed the chief justice’s reforms as potentially giving The Bahamas “an influence way beyond our size” in both legal services and attracting new business.Alfred Sears told Tribune Business that the planned digital tr
BISX welcomes newest member Lydda Capital
The Bahamas International Securities Exchange (BISX) has announced that Lydda Capital has become the stock exchange’s seventh broker/dealer member.Keith Davies, BISX’s chief executive, said of the new addition: “It is our pleasure to welcome Lydda Ca
Anti-tax dodge unit getting 'big results'
THE Government’s Revenue Enhancement Unit is already achieving “significant results”, the deputy prime minister said yesterday, voicing optimism it will “achieve our targets”. Speaking ahead of a Cabinet meeting, K Peter Turnquest said: “We are up a
Labour chief's concernfor domestic workers
The government’s top labour official yesterday said he is open to working with the Department of Immigration to prevent exploitation of domestic workers - the labour category in greatest demand. John Pinder, director of labour, said his interest had
Chief Justice unveils ambitious e-reforms
The Chief Justice is targeting the total digital transformation of the Bahamian court system through a multi-year “e-services” roll-out designed to “catch up with where the rest of the world is”.
‘For too long we’ve accepted mediocrity’
The Bahamas needs “comprehensive financial sector reforms” if its economy is to grow, with a leading investment analyst arguing: “For too long we’ve been accepting mediocrity.”
Supreme Court Rules revamp by April 2020
The Chief Justice is aiming to revamp the Supreme Court Rules, some of which are 40 years old, by April 2020 in a bid to develop “an entirely new and modern foundation” for handling civil and commercial cases.
Don’t be capital markets ‘follower’, Bahamas is urged
The Bahamas must focus on “leading capital market developments in the Caribbean” and stop being a follower, an investment bank chief is urging.
Inner city youth to get ‘a hand’ in job placements
A BAHAMIAN non-profit is aiming to prepare inner city youth for the workforce through leveraging its connections in an effort to help individuals get their “foot in the door”.
Some cruise projects ‘closer than others’
A Cabinet minister says negotiations over multiple cruise industry investments in The Bahamas remain on track although some “are closer than others” to coming to fruition.
Over-the-hill group hosts business pitch night
A local non-profit is aiming to promote entrepreneurship within the inner city and likely see its over-the-hill incubator initiative replicated in similar communities.
BISX chief 'never lost faith' over $3bn listing
The Bahamas International Securities Exchange’s (BISX) chief executive yesterday hailed its listing of $3bn in government debt securities as “a day I never doubted would come”. Keith Davies, speaking after the exchange announced a successful end to
BTC labour relations 'not beyond repair'
Union leaders say labour relations at the Bahamas Telecommunications Company (BTC) are not beyond repair provided management treats the workers with “respect”. Bernard Evans, the National Congress of Trade Unions of The Bahamas (NCTUB) president, to
