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Water Corp’s managers demand ‘bugging’ probe

The Water & Sewerage Corporation’s executive chairman last night dismissed “baseless and absolutely false” fears employees are being bugged, amid union demands for a police probe.

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Illegal foreign salesmen chamber’s ‘top concern’

The government’s “short-term work visa” reforms have revived fears among local retailers and distributors about the ability of unregistered foreign salesmen to steal their business.

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QC: Gov’t has ‘pulled rabbit out of Freeport’s hat'

An outspoken QC yesterday apologised to the government for previously blasting its decision to acquire the Grand Lucayan, and said: “They have pulled a rabbit out of Freeport’s hat.”

Landfill manager eyes IPO for Out Island expansion

THE New Providence landfill’s new manager yesterday said it was eyeing an initial public offering (IPO) to finance the potential expansion of its business model to the Family Islands.

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Clearing Banks chief hits back on ‘oligopoly’

The Clearing Banks Association’s (CBA) chairman yesterday rejected the industry’s branding as an “oligopoly”, adding that there was “no evidence” of price-fixing and fee setting collusion.

Ex-Chamber chief: ‘Get house in order’ for WTO

The Bahamas must “get our house in order” for when it becomes a full WTO member rather than continue to debate the merits of joining, a private sector executive argued yesterday.

Lucayan Board refutes BREA ‘face slap’ claim

The Grand Lucayan’s Board yesterday defended itself from accusations that it had given “a reprehensible slap in the face” to Bahamian realtors over the property’s impending sale.

Colina suffers 26% profit drop in 2018

Colina Holdings (Bahamas) suffered a 26 percent year-over-year net income decline in 2018 as a result of increased policyholder claims, it revealed last night.

IAN FERGUSON: Getting the message across to colleagues

Communication is essential for good leadership. Effective communication and effective leadership are closely intertwined. Leaders need to be skilled communicators in countless relationships at the corporate level, in communities and groups and, sometimes, on a global level.

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Lucayan winner ‘close to perfect'

The winning Grand Lucayan bidder was yesterday said to be “very close to perfection” with its “game-changing destination” solution for resurrecting Freeport’s tourism economy.

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Govt ‘on money’ with $65m Grand Lucayan disposal

The government yesterday hit back at its detractors by arguing it was “on the money” with both the timing and value of its $65m Grand Lucayan deal.

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Work visa reform to ‘jumpstart’ tech hub

Immigration reforms tabled by the government in parliament yest

Bank competition woes hit financial services access

Lack of competition in the Bahamian commercial banking industry has created barriers to accessing financial services, an Inter-American Development Bank (IDB) report is arguing.

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Digital building plan submission to come in 2019

A Cabinet minister yesterday pledged that the electronic submission and approval of building plans “will happen this year” once the necessary funding is in place.

Airline still focused on international expansion

WESTERN AIR yesterday confirmed that international growth remains in its sights after commencing the expansion of domestic services.