BISX-listed Fund: ‘much changed’ if vacancy cut 50%
A BISX-listed fund’s administrator yesterday said “the picture will be much changed” by year-end 2019 if it succeeds in slashing vacant space at its flagship property by 50 percent.
BISX seeks share in each listed firm
The Bahamas International Securities Exchange (BISX) wants to obtain a share in each of its listed companies so it can determine if they are meeting their disclosure obligations.
Tourism targets ‘new and refreshed face’
The Tourism Development Corporation(TDC) held a Community-Based Tourism workshop at the University of The Bahamas (UoB) in a bid to create more entrepreneurial opportunities.
Export revenues cut out from business licence
The government is moving to stimulate export activity by excluding all revenues generated from the calculation of business licence fees, the deputy prime minister said yesterday.
Top US govt financier set to visit Bahamas
The head of the US government’s development finance institution will visit The Bahamas next week to explore investment opportunities in energy and other sectors.
BTVI chief meets with US official
A US government official met with the Bahamas Technical and Vocational Institute’s (BTVI) president just a day before a scholarship programme was reinstated for Bahamians.
Insolvency Association to discuss legal reform
The Restructuring and Insolvency Specialists Association (RISA Bahamas) is to host a roundtable discussion on proposed changes to this nation’s insolvency legislation.
Cable tells shareholders: ‘It’s only matter of time’
Cable Bahamas top executive yesterday reassured investors it was “only a matter of time” before double-digit revenue and operating income growth eliminated balance sheet imbalances.
Aliv: ‘No let up’ after 62% revenue growth
Aliv’s top executive yesterday pledged that the mobile upstart is “not letting up one bit” after year-to-date revenues jumped 62 percent to hit $40.9m.
DPM: ‘Not reached’ business licence reform stage yet
The deputy prime minister says the government has “not reached the point” of finalising business licence reform despite being “very sensitive” to the burden it imposes on the private sector.
‘We have destroyed the tourism product’
A well-known musician and entertainer yesterday argued that The Bahamas has allowed foreign investors to “dictate” its tourism identity, blaming the cruise lines and mega resorts for destroying “the Bahamian experience”.
Broker principal: US probe defeat ‘not a setback’
A Bahamian broker/dealer’s principal yesterday argued he had suffered “no setback” after his first bid to block a probe by US federal regulators was thrown out.
GB entrepreneurs readied for growth
The Grand Bahama Port Authority (GBPA) has moved to ensure Bahamian entrepreneurs and businesses are ready to exploit potential multi-million dollar cruise line investments.
Arawak port chief hails ‘phenomenal’ festival
The Nassau Container Port’s operator yesterday said its first-ever Maritime Festival was “a phenomenal experience” that exposed Bahamians to the full breadth of the maritime industry.
Wells fails to ease jet ski sector fears
Jet ski operators yesterday expressed fears that other resorts will follow Baha Mar and restrict their business opportunities by giving one local firm an exclusive on watersports activities.
