Cruise port proposal ditches 'cookie cutter'
A 50-strong Bahamian investor group says its “reimagination” of Nassau’s cruise port and downtown will fulfill demands “that we move away from cookie cutter proposals with no sense of place”.Gerald Strachan, founder, president and chief executive of
Benchmark crypto tie-up 'marriage made in heaven'
Benchmark (Bahamas) last night hailed its newly-formed three-way alliance as “a marriage made in heaven” that will help position this nation as a leader on blockchain and crypto currency.Julian Brown, the BISX-listed firm’s chief executive and presid
CIBC names new top Caribbean executive
CIBC FirstCaribbean International Bank has named Colette Delaney as its new regional chief executive from November 1, 2018, succeeding the retiring Gary Brown.Ms Delaney has more than 30 years’ banking experience, having started her career with CIBC
Cigar enthusiasts enjoy five-day Bahamas blow
A Houston-based group enjoyed a five-day stay in The Bahamas where they were able to indulge their passion for fine cigars and the associated lifestyle with help from Graycliff.The visit by the Westside Smokers club came after its president, Jory Ten
Comfort Suites adds value with excursion
Comfort Suites is offering a “book now and receive a free private island excursion for two” special that gives its guests a full-day beach excursion to Sandy Toes private island.The offer is intended to enhance the value of the 223-room Paradise Isla
A 'national disaster' for jobs and growth
The 2018 decline in already-troubling education standards “is a national disaster” for Bahamian economic growth and employment prospects, governance reformers warned yesterday.Robert Myers, the Organisation for Responsible Governance’s (ORG) principa
Bahamian group in cruise port proposal
A 50-plus Bahamian investor group has submitted a proposal to take over management of Nassau’s cruise port as part of wider plans to grow the capital’s tourism industry.The group, which first proposed a “cultural village” development for Arawak Cay u
'Slight delay' for Grand Lucayan deal closure
Fears that the Government’s $65m Grand Lucayan purchase is illegal were yesterday slammed as “inane” and “irrelevant”, although the deal’s closing may be “slightly delayed”.Michael Scott, chairman of Lucayan Renewal Holdings, the special purpose vehi
'Unshackle' 10% of NIB assets for SMEs
The Opposition’s deputy leader has called for an “orderly unshackling” that will allow the National Insurance Board (NIB) to allocate ten percent of its assets to financing “start-up” businesses.Chester Cooper, pictured, in an address to the Progress
Moving renewable energy ‘beyond talk’
Bahamas Power & Light’s (BPL) production of an Integrated Resource Plan (IRP) is “absolutely necessary” to move increased renewable energy usage “beyond talk”, a provider is arguing.
BISX lists latest investment fund
The Bahamas International Securities Exchange (BISX) yesterday revealed it has added another listing to its $4.4bn mutual fund listing tier.The exchange announced that the Fitpart Dynamic Allocation Professional Fund has completed its listing process
BahamaHost evolves for tourism dynamics
For the past 40 years, BahamaHost has been the Ministry of Tourism’s signature training programme for tourism and hospitality in our country.Nearly 50,000 Bahamians have graduated through the programme, now holding the title of BahamaHost certified p
Business Outlook teams with the inland revenue
The Bahamas Business Outlook (BBO) series is rolling-out an “Ease of Doing Business” workshop, which will be conducted by Department of Inland Revenue (DIR) officials, at all seven conferences this year.The workshop is a partnership between Outlook o
GB crypto firm to brief on ICO offer
A Grand Bahama-based cypto-asset firm plans to brief Nassau residents today on its initial coin offering (ICO), which is scheduled to take place in 42 days.VirSymCoin (VSC) will unveil its but crypto-enthusiasts in New Providence won’t have to wait t
Stadium costs soared to $43m
The Andre Rodgers Baseball Stadium is a waste of taxpayer money that will “never pay for itself”, a Cabinet minister admitted yesterday, amid steps taken to prevent a near-tripling of costs.
