Tours and land-to-table ventures hailed as opportunities
The newly-formed Tourism Development Corporation (TDC) has identified land rental tours and farm-to-table businesses among the entrepreneurial opportunities available to Abaconians.
Six years on - where’s my money?
Bahamian justice has been denied a fully-modernised Supreme Court registry because of a six-year legal dispute over an alleged multi-million dollar breach of contract.
Vulnerable sectors: WTO’s ‘initial shock’ may cause wipe-out
An ex-Cabinet minister yesterday called for more focus, and specific policy actions, for vulnerable industries that may not be able to withstand the “initial shock” of World Trade Organisation (WTO) membership.
Small businesses face potential NHI ‘double whammy’
The Grand Bahama Chamber of Commerce’s president is seeking ways to ease the potential National Health Insurance (NHI) “double whammy” faced by small businesses.
Bahamas investor rules ‘shakier’ than rest of Caribbean
The Bahamas’ investment rules are “more ill-defined” than anywhere else in the Caribbean, a consultant for the Chamber of Commerce blasted yesterday.
Arawak port bulks up as autos fall off
A 59,000 ton increase in bulk aggregate imports, combined with a $109,000 year-over-year expenses decline, enabled the Arawak Cay port’s operator to beat profit targets by nine percent.
‘Significant scale’ keeps Scotiabank in Bahamas
The Bahamas’ “significant scale” yesterday prevented its inclusion among nine Caribbean jurisdictions that Scotiabank has announced it plans to exit via a $123m deal.
VAT hike to offset WTO tariff slashes
The Deputy Prime Minister yesterday confirmed that the VAT rate increase’s medium-term goal is to offset revenue loss stemming from WTO-related import tariff cuts.
Bahamas committed to marine protection goals
The Bahamas remains committed to setting aside 20 percent of its territorial waters as Marine Protected Areas (MPAs) by 2020, a Cabinet minister has confirmed.
Minister promises: ‘No NHI black hole’
A Cabinet Minister yesterday pledged “there’s not going to be an NHI information black hole” amid private sector concerns about insufficient details to justify the scheme’s pricing.
Hotel work-to-rule ‘frenzy’ unwarranted
The hotel union’s president yesterday said he would act “in the best interests” of members and the industry, as the “work-to-rule” across New Providence resorts continues to Thursday.
WTO membership to unlock ‘billions’ in trade potential
The Bahamas’ chief WTO negotiator has urged businesses to identify overseas markets this nation should target, arguing it has “billions of dollars” in untapped trade potential to unleash.
‘Ain’t going to sleep’ until small business legislation enacted
A small business consultant yesterday pledged that he “ain’t going to sleep” until the Government ends the decade-long wait for legislation that will govern help for the sector.
‘We cannot sit back and take’ BPL hike
A Bahamas Chamber of Commerce executive yesterday urged Bahamas Power and Light (BPL) to produce a plan to address high energy costs, questioning: “Is there any relief?”
Better enforcement to tackle aviation hackers
A Bahamian airline’s principal yesterday called for “more action” to be taken against illegal charter operators, demanding greater enforcement of the aviation rules and procedures.
