Downtown turnaround ‘key catalyst’ for growth
The government’s renewed focus on reviving downtown Nassau will be “a key catalyst” for economic growth, a prominent investment banker has predicted.
‘Singapore of Americas’ if we root out corruption
The Bahamas can become “the Singapore of the Americas” if it rids itself of corruption, poor governance and lack of vision, a prominent reform campaigner argued yesterday.
GB cruise mega ports raise Nassau concern
Freeport’s potential emergence as a mega cruise port hub represents a potential threat to Nassau, Tribune Business was told yesterday, and may affect its own port’s management outsource.
Super Value faces $31,000 forklift injury damages
A Super Value customer could receive “substantial damages” worth over $31,000 after she was struck by a forklift while grocery shopping in its store, damaging her achilles tendon.
Govt admits work left on VAT refunds
The government does not have the VAT refund process “down pat like we should”, a top official has admitted, although “some headway” was being made.
Morton Salt suffers 40 staff sick-out
RISING tensions between Morton Salt Bahamas and its line-staff union resulted in a 40-worker “sick-out” yesterday and the company suspending several workers for a week.
Used auto inspection ‘redundancy’ dispute
Advocates for the pre-inspection of Japanese auto exports yesterday leapt to the initiative’s defence after a veteran used car dealer branded the checks “redundant”.
Uncertainty over $130m NHI cost
The National Health Insurance Authority’s (NHIA) defence of the scheme’s $130m price tag yesterday raised more questions than answers, with even a Cabinet minister admitting it needed “clarification”.
Festival stays ‘tru’ to cultural roots
The Bahamas Hotel and Tourism Association (BHTA) held its fourth annual Tru Tru Bahamian Festival at the weekend to highlight Bahamian culture and history.
Govt will ‘circle wagons’ to hit fiscal targets
The Chamber of Commerce’s chief executive yesterday voiced confidence in the government’s ability to “circle the wagons” and hit its $237m full-year deficit target.
DPM: ‘No more runaway trains’
The deputy prime minister yesterday pledged that the government’s finances will be placed “in check”, with “no more runaway trains” leading The Bahamas to the “fiscal brink”.
Equity Bank targeting local private banking
Equity Bank And Trust (Bahamas) has become the latest “offshore” institution to target the local financial services market by offering private banking services to Bahamians.
$1m start-up fund shortlists four bids
A $1m fund established by the Bahamas Striping Group of Companies will this week begin interviews with shortlisted entrepreneurs seeking to access its funding.
Govt deal increases start-up funds to $9m
BAHAMIAN entrepreneurs were yesterday urged to “think big” and target the export market, after the government signed a deal that increases their available funding pool to $9m.
Local realtor marks its 70th anniversary
Bahamas Realty is marking its 70th anniversary this year, celebrating $10bn in property sales over a history so long it predates the birth of its own chief executive.
