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BISX names digital exchange partner

The Bahamas International Securities Exchange (BISX) yesterday identified its partner for the launch of a digital securities exchange as BRX Holdings, a financial technology (FinTech) firm.

Bahamas Realty's 'unique position' on property sale

Bahamas Realty’s commercial division was yesterday said to be “in a unique position” to facilitate the sale of an East Bay Street office complex in which it is a tenant.

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Mega BPL refinance eyes November close

Bahamas Power & Light’s (BPL) nine-figure refinance is eyeing an end-November 2019 closing, Tribune Business can reveal, with the targeted sum “likely” to be less than the original $650m.

Eleuthera enthusiastic but 'not over hump'

Eleuthera’s economy is currently enjoying “a sense of optimism” rarely felt in recent decades, the island’s Chamber of Commerce president says, while warning: “We are not over the hump.”

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Customer training for Avis staff

Avis staff in Nassau and Freeport were given advice on how to enhance the customer experience during training sessions held over the week beginning May 6.

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Water corp nets 47% Out Island revenue rise

THE Water & Sewerage Corporation’s (WSC) total Family Island revenues increased by 47 per cent year-over-year during the 2018 fourth quarter, its executive chairman has revealed.

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'Runaway train' SOEs: Govt must take control

THE Bahamas must get its state-owned enterprises (SOEs) “under control”, the Deputy Prime Minister is demanding, saying: “They have been running like a runaway train.”

Customs 'one-stop shop' long overdue

More than 1,600 businesses are now using Customs’ “long overdue” online clearance platform that will create a “one-stop shop” for all users once its roll-out is fully completed.

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Freeport promoted as summer location

The Ministry of Tourism targeted south Florida travel agents, influencers and media in shining a spotlight on what Freeport has to offer summer travellers.

Law shouldn't 'tax you out of business'

The Government is “taxing people out of business” via an “unconscionable” Business Licence fee that exacerbates the struggles of loss-making firms, a well-known fiscal hawk is arguing.

Govt targets $50m yacht charter fees

The Government will target untapped existing revenue sources such as the 4 percent yacht charter fee in the upcoming 2019-2020 Budget, the deputy prime minister has revealed.

BISX inks 'world class' digital exchange boost

The Bahamas International Securities Exchange’s (BISX) goal of becoming a “world class” digital trading player has received a major boost after it secured a partner to launch a new exchange.

Privatising Nassau Flight: Foreigners need not apply

A Cabinet minister has told foreigners to forget about bidding for Nassau Flight Services (NFS) with his ministry today launching the privatisation process for the state-owned ground handler.

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‘Drastically shrinking’ middle class market

The Bahamian real estate market “shrinks drastically” beyond the $450,000 price point because too many purchasers are being priced out, a local developer has warned.

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Private equity venture eyes ‘$100m-$200m opportunities’

A BISX-listed firm yesterday said its newly-created venture capital subsidiary can exploit “over $100m to $200m in opportunities” provided by Bahamian companies that need reinvigorating.