BAMSI partners with Western Air
The Bahamas Agriculture and Marine Science Institute (BAMSI) has partnered with Western Air to drive community and economic empowerment initiatives with a focus on education.Dr. Raveenia Roberts-Hanna, BAMSI’s executive director, said the two organis
Hotel union 'expeditiously' moves on industrial deals
The hotel union Union is moving “expeditiously” in its bid to conclude negotiations on a number of agreements before year’s end, its president said yesterday.Darren Woods, who assumed the Bahamas Hotel, Catering and Allied Workers Union (BHCAWU) lead
Payment provider touts licensing first
An electronic payment solutions provider yesterday said it had become the first entity licensed under new Central Bank of The Bahamas regulations that took effect last July.Island Pay said its payment service provider license was issued after it comp
Bahamas 'STEPs' up with strong message
The Bahamas was well represented by both the Government and private sector at a major regional trust and estate planning conference held in Mexico City.The country’s delegation to the annual STEP (Society of Trust and Estate Practitioners) Latin Amer
BFSB unveils its award nominees
The Bahamas Financial Services Board (BFSB) will hold the 2018 Financial Services Industry Excellence Awards on Friday, November 2, at Baha Mar’s Grand Hyatt resort.Started in 200, the Awards recognise the importance of human capital to The Bahamas’
URCA in southern family island tour
The Utilities Regulation and Competition Authority (URCA) has expanded its consumer education and outreach to the southern Family Islands with visits to Acklins, Crooked Island and Long Cay.Town Hall meetings were held in Acklins and Crooked Island t
Mortgage chief: 'Doing nothing not an option'
The Bahamas Mortgage Corporation’s (BMC) chairman says “doing nothing is not an option” with the struggling lender having just five years to escape hitting a $110m debt mountain.Patrick Ward told Tribune Business he felt there was “sufficient time to
Use Disney to 'rewrite our old cruise model'
The “largest investment in South Eleuthera for generations” could give The Bahamas a chance to “rewrite an outdated 20 year-old cruise model”, a prominent businessman believes.Thomas Sands, emphasising that he was speaking as a private citizen, and n
Storm insurance eyed for fisheries, farming sectors
A Cabinet minister says he will hold talks with the Caribbean Disaster Emergency Management Agency (CDEMA) on providing “sector-wide” hurricane insurance for Bahamian farmers and fishermen.Michael Pintard, minister of agriculture and fisheries, who i
Underfunded public pensions bigger than national economy
The underfunding of The Bahamas’ public sector pensions “poses a serious long-term challenge” because these liabilities are collectively larger than this nation’s economy.The Inter-American Development Bank (IDB), in latest Caribbean Quarterly Bullet
Privy Council vindicates Bahamasair personnel
Bahamasair’s maintenance staff were yesterday vindicated by the highest court in the Bahamian judicial system, which ruled they were not to blame for an April 20, 2007, plane crash.The London-based Privy Council, in reinstating the original Supreme C
Bahamian airlines 'hold on for dear life'
A Bahamian aviation executive has warned that taxes threaten to “stagnate” this nation’s aviation sector, with private domestic carriers “holding on for dear life”.Captain Randy Butler, Sky Bahamas chief executive, told Tribune Business: “We have to
Bahamasair eyeing Caribbean alliance
Bahamasair is interested in “tying into” the regional Caribsky airline alliance as a way to establish improved connectivity with the Caribbean.During the Sky Is The Limit workshop at the State of the Tourism Industry Conference (SOTIC), held last wee
Lucayan chair slams 'nasty, torturous' close
The Grand Lucayan’s chairman yesterday accused Hutchison Whampoa of displaying “a lot of bad faith” over the $65m deal’s closing, branding negotiations as “nasty and torturous”.Michael Scott, chairman of Lucayan Renewal Holdings, the Government-owned
Marinas enjoy up to 40% rise in boat traffic
BAHAMIAN marina operators have seen as much as a 40 percent increase in business year-over year, their Association’s executive director said yesterday.Basil Smith, speaking for the Association of Bahamas Marinas (ABM), told Tribune Business: “Things
