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‘Moral responsibility’ over CLICO payouts

A prominent CLICO (Bahamas) policyholder yesterday said the Government has a moral responsibility to compensate victims because of the regulatory failings that aided the insurer’s collapse.

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Financial Intelligence ‘put away in corner and forgotten about’

A KEY agency in The Bahamas’ battle against financial crime had been “put away in a corner and forgotten about”, the deputy prime minister argued yesterday.

BTC backs ‘Girls in ICT’ summit

The Bahamas Telecommunications Company (BTC) is celebrating International Girls in ICT Day by sponsoring the all-girls conference for high school students organised by sector regulators.

DPM to keynote Eleuthera Outlook

The deputy prime minister will be the keynote speaker for the seventh Eleuthera Business Outlook conference scheduled for May 17 at Frigate’s Bar & Grill in Rock Sound.

Airport smoothes way for 5,000 Easter travellers

Officials at Lynden Pindling International Airport (LPIA) yesterday reported a smooth Easter holiday weekend with 75,000 passengers moving through it over a five-day period.

Margaritaville resort reaches high Pointe

The Pointe’s Margaritaville Beach Resort at The Pointe has celebrated its progress with a topping-off celebration to mark reaching the highest floor with construction work.

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Web shop hold-outs on ‘shaky ground’

The Attorney General yesterday warned the web shop industry’s tax hold-outs they are on “very shaky ground” in failing to comply with the settlement agreed with the Government.

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Grand Bahama Power: Grid instability ‘havoc’ coming to an end

A SENIOR Grand Bahama Power Company executive yesterday voiced optimism that its $10m battery storage facility will prevent its major industrial customers “wreaking havoc in the grid”.

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GB Power needs ‘20 times’ existing plant on 30/30 goal

GRAND Bahama Power Company would need “20 times’” the size of its existing solar energy plant to achieve the Government’s “30 by 30” renewable goals, it was revealed yesterday.

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Govt boosts minority investor protections

THE Government yesterday unveiled multiple legislative changes to boost minority investor protections and enhance the competitiveness of the Bahamian capital markets.

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Financial Intelligence ‘put away in corner and forgotten about’

A KEY agency in The Bahamas’ battle against financial crime had been “put away in a corner and forgotten about”, the deputy prime minister argued yesterday.

Bahamas vulnerable to hacking ‘epidemic’

WITH computer hacking at “epidemic levels”, a world-renowned investigator has warned that The Bahamas is among those countries most likely to be targeted because of its vulnerability.

Digital is no substitute for the business card

EVERYTHING we do in business today is digital, whether it is sending mail, signing contracts, attending meetings or even networking. But the business card is one thing that digital will not fully replace any time soon.

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‘Irreversible’ harm fears on $580m Abaco project

The Government has been urged to reject the proposed $580m South Abaco mixed-use resort project due to “tremendous concerns” over its “financial viability and environmental impact”.

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Chamber chief: ‘We can’t settle for 2.1% GDP rise’

The Bahamas must “challenge itself” to achieve higher GDP growth rates than the 2.1 percent expansion projected for 2019, the Chamber of Commerce’s chief executive has urged.