Bahamas urged to target FATF escape
The Bahamas has been urged to “prioritise” escaping the Financial Action Task Force’s (FATF) monitoring list as all its recent woes “flow” from this.
Regulator signs new EU fund access deal
The Securities Commission of The Bahamas has announced the signing of its 28th agreement to ensure local fund managers have access to European markets.
Carnival’s $100m port won’t cut Nassau calls
A TOP Carnival executive says its proposed $100m Grand Bahama port will not result in reduced vessel calls to Nassau, while describing its investment as a “no brainer”.
Bahamas’ WTO offers attract eight countries
AROUND eight countries have expressed interest in The Bahamas’ initial goods and services offers to the World Trade Organisation (WTO), the country’s lead negotiator has confirmed.
$5m solar power plant a step toward renewable goal
Grand Bahama Power Company’s $5m solar plant will be able to supply 850 homes and reduce carbon dioxide (CO2) emissions by 4,200 tons annually, it has been revealed.
BTC ‘a gift that will keep on giving’ - unions not so sure
The Bahamas Telecommunications Company’s (BTC) owner yesterday hailed the carrier as “a gift that is going to keep on giving” through increased profitability despite its mobile struggles.
Bahamas ‘yet to arrive’ despite Moody’s upgrade
Deputy Prime Minister K Peter Turnquest last night cautioned that The Bahamas’ “hasn’t arrived yet” despite Moody’s ‘outlook’ upgrade indicating the Government has regained some of its fiscal credibility.
Internships offer two-way benefits
Each year more than 6,000 new students enter the job market.
Arawak port’s profits beat forecast by $120k
The Nassau Container Port’s operator has beaten 2019 first-half profit expectations by $120,000 as it delivered on forecasts of a financial performance that will match 2018.
Freeport awaits $85m medical school boost
The government has given “approval in principle” to a medical school that could ultimately inject $85m in annual spending into Freeport’s economy, it was revealed yesterday.
Tech hub ‘visa’ being finalised
LEGISLATION for the creation of a “BH-1B visa” is being finalised to boost Grand Bahama’s attraction for relocating technology companies, a Cabinet Minister revealed yesterday.
LPIA’s ‘double digit’ growth in early 2019
Nassau’s airport already appears on course to beat the 11 percent increase in passenger traffic it enjoyed last year given that early 2019 volumes are up by “double digit” percentages.
Small Business Centre gets Jamaica’s advice
A team from The Bahamas’ Access Accelerator Small Business Development Centre (SBDC) has spent three days in Jamaica sharing knowledge in assisting start-ups.
‘Prioritise’ business ease, GB Chamber chief urges
IMPROVING the ease of doing business must be a “high priority” if Grand Bahama is to transform itself into an international business centre, its Chamber of Commerce president said yesterday.
Entrepreneurs told: Build FDI linkages
BAHAMIAN entrepreneurs were yesterday urged to create the necessary links to major foreign direct investment (FDI) projects as a means to curb foreign currency outflows.
