Bahamas ‘not in clear’ as blacklist escape signalled
The Bahamas was yesterday warned “it is not in the clear” despite international media reports suggesting it has escaped the European Union (EU) tax “blacklist” due to be announced today.
Bahamian broker left at SEC mercy
A Bahamian broker/dealer and its staff remain at the mercy of US regulators after a federal court found its principal had failed to justify the imposition of an emergency restraining order.
New car dealers: Recovery, but not like ‘06-07
The Bahamian new car industry is “at the initial stages of recovery”, a leading dealer said yesterday, with the sector hoping this can be spread more equitably via the upcoming budget.
Chamber chief: Full disclosure on Disney deal
THE Eleuthera Chamber of Commerce’s president yesterday called for the Heads of Agreement (HOA) for Disney’s $250-$400m Lighthouse Point project, and the development “strategy”, to be made public.
Disney project hailed as ‘start of new era’
Disney’s $250-$400m Lighthouse Point project was yesterday hailed as the “beginning of a new era” by South Eleuthera’s MP despite activists’ concerns over a “secretive” deal.
Central Bank to host blockchain seminar
The Central Bank of The Bahamas will next Monday host its second Blockchain seminar as part of its continuing drive to modernise The Bahamas’ payments system.
Financial services looking past challenges to future
The Bahamas Financial Services Board’s (BFSB) annual International Business & Finance Summit (IBFS) explored both potential growth possibilities and the impact of regulatory changes.
Ex-boss ‘robbed’ ferry firm of Bahamas route
The former chief executive of Balearia Caribbean must pay his ex-employer $2.844m in damages for effectively stealing the Resorts World Bimini ferry contract from under them.
Royal Caribbean targets western Paradise Island
Royal Caribbean Cruise Lines (RCCL) is acquiring real estate at Paradise Island’s western end in a bid to develop what is thought to be a “getaway destination” for its passengers.
WTO tariff cut fears for ‘40,000 Bahamian jobs’
Local contractors have voiced mixed reactions to fears that a WTO-induced 50 percent tariff rate cut on pre-fabricated buildings “puts 40,000 Bahamian construction jobs at risk”.
Galleria’s copyright fight to Privy Council
Galleria Cinemas has won permission to appeal a judgment, which its attorney says threatens to “stagnate” the Bahamian creative economy, to the London-based Privy Council.
Taxi drivers meet on cruise port overhaul
Taxi drivers last week met with the preferred Nassau cruise port bidder and Downtown Nassau Partnership (DNP) to discuss Prince George Wharf’s impending redevelopment.
Bank conference focuses on technology disruption
A Bahamas-based financial services provider has hosted a conference analysing how technology advances have the potential to transform every economic sector.
Sterling names wealth management unit head
A Bahamas-based financial services provider with $9bn in assets under management has named Patrick Milot-Daignault as head of its wealth management unit.
Bahamian destination manager wins award
Cacique International, the Bahamian destination management company (DMC), has been named as a BI WORLDWIDE Inspirational Partner for 2018.
