Cruise line: 2,000 jobs in Grand Lucayan offer
A top Royal Caribbean executive has confirmed it is working with Mexican port developer, ITM Group, on a proposal to redevelop the Grand Lucayan that could create 2,000 jobs.
US probe threat to 60 Bahamian jobs
The principal of a Bay Street-based broker/dealer is seeking a court injunction to halt a probe by US federal regulators that threatens up to 60 Bahamian jobs.
QC: Commercial enterprises act ‘too restrictive’
An outspoken QC yesterday warned that the Commercial Enterprises Act is “too restrictive” and needs to be expanded if Freeport is to become a true “technology hub”.
IMAX executive: Bahamas is ‘most restrictive market’
A Fusion Superplex executive yesterday branded The Bahamas as “the most restrictive banking market I’ve ever seen”, forcing investors to “think outside the box” for project financing.
Govt: Tax won’t ‘disrupt’ vacation rentals market
The government yesterday pledged “not to disrupt” the booming vacation rental market as it confirmed plans to impose taxation on the sector in the upcoming 2019-2020 fiscal year.
Govt seizing on EU woes to put ‘house in order’
The Bahamas will exploit the European Union’s (EU) “reprieve” to “shore up” its financial crime defences to withstand any future challenges, the deputy prime minister pledged yesterday.
Govts ‘largest ever solar project’ opens Monday
The government’s “largest solar project” to-date will be officially opened on Monday at the Thomas A. Robinson National Stadium’s parking lot.
IAN FERGUSON: An engaged worker is a better performer
What every company wants from its staff is employee engagement: An individual sense of purpose and focused energy, evident to others in their display of personal initiative, effort and persistence directed towards achieving company goals.
$42m Superplex beats US-based IMAX rivals
A FUSION Superplex executive yesterday said the complex has been one of IMAX’s leaders for the last four months, outperforming rivals in New York and Florida.
Battle erupts over ‘100% green’ resort
A Bahamian private island, billed as the world’s first “carbon neutral” luxury eco-resort, is at the centre of a bitter dispute as the March 15 deadline for its $3.8m “minimum bid” auction looms.
Ex-AG: Bahamas economic model ‘broken, in crisis’
The Bahamas must transform an economic model that is “in crisis” by “shoring up” local entrepreneurs and capital, a former attorney general argued yesterday.
Bahamas urged: Use EU reprieve for own ‘assault’
The Bahamas was yesterday urged to use “the reprieve” provided by Europe’s rejection of its own “high risk” countries’ listing to craft “our assault on an illegal process”.
DPM: ‘New chapter’ for financial services
The deputy prime minister yesterday hailed the Investment Funds Bill 2019 as “a new chapter” for Bahamian financial services, replacing and rebalancing an “outdated” regulatory regime.
‘Legal question’ over Promotion Boards’ $50m
A former attorney general says a “live legal question” exists over the $50m raised by the various tourism industry promotion boards to market The Bahamas annually to potential visitors.
Bahamas provider extends $22.5m to Cayman project
A $22.5m loan from a Bahamas-based financial services provider is providing much-needed bridge funding for the re-development of the five-star Grand Cayman Grand Hyatt.
