AG ‘unaware’ of alternative non-profit bill
The attorney general has revealed he was only made aware of alternative legislation to regulate Bahamian non-profits days before the current bill was due to be passed by Parliament.
Arawak Cay hits back at crime notice
ARAWAK Cay vendors yesterday hit back at a “double whammy” of crime warnings by accusing a major cruise line of “getting it all mixed up” and hurting their businesses.
Bank liquidity ‘cheaper but equal’ to global rule
The Central Bank believes its proposed bank liquidity standards “will be much simpler and cheaper” to implement than global rules but still have the same or “super-equivalent” effect.
Baha Mar eyes ‘maximum’ occupancies for New Year
Baha Mar yesterday said it was targeting “maximum New Year’s capacity” for its three new resort properties after they enjoyed “a much better Christmas” this year following their completion.
IAN FERGUSON: Business strategies to last a generation
Each New Year brings with it a time of reflection for individuals and businesses alike. As 2018 is on its way out, small and medium-sized businesses must take the opportunity to examine the past year, with all its peaks and valleys, and plan for the upcoming 2019 with those lessons in mind.
BISX lists ten more funds
The Bahamas International Securities Exchange (BISX) has listed a further ten investment funds, including some with sub-funds, after they fulfilled all its regulatory requirements.
Cruise line: Fish Fry ‘crime concern’ area
A major cruise line yesterday “blindsided” a Cabinet minister by warning its passengers that the Arawak Cay Fish Fry was a “particular area of concern” for crime.
Judge clears way for $2.8bn revival
The Supreme Court has cleared the way for the former Ginn project’s $2.8bn revival, and creation of up to 1,400 full-time Bahamian jobs, by declaring Old Bahama Bay’s lease “null and void”.
$42m damages warning to hotel condo owners
Old Bahama Bay’s condo owners could be exposed to a $42m-plus damages claim for alleged “tortuous interference” with the resort’s sale as part of the former Ginn project’s $2.8bn revival.
Port bidder pledges 1,050 full-time jobs
A Nassau cruise port bidder yesterday pledged it will create 1,050 full-time jobs through Bahamian business spin-offs and a proposal that is 60 percent local owned.
Cruise port winner chosen in early ‘19
The Government will likely select a preferred bidder for Nassau’s cruise port within the first two months of 2019, a Cabinet minister has confirmed, with tomorrow’s deadline proving unrealistic.
Retailers: Christmas sales matched 2017
BUSINESS this Christmas was “steady” and comparable to last year’s holiday shopping period, several local retailers have confirmed.
Church: We've made our case over non-profits bill
CHURCH leaders will “wait to see” if the Government changes the Non-Profit Organisations (NPO) Bill to address their concerns, adding: “We’ve made our case.”
IMF helps Bahamas boost economic data transparency
The Bahamas has enhanced the provision of key national economic and financial data by consolidating it into one website location in accordance with the IMF’s advice.
'Heads in beds' to decide Bahamas Bowl's future
The Bahamas Bowl’s future will be determined by its promotional value and the number of “heads in beds” it generates, a Cabinet minister has confirmed.
