Minister: Block welfare recipients from gaming
The Gaming Board is “under pressure to change the game on the ground” and better protect the most vulnerable Bahamians from irresponsible gambling, a Cabinet Minister has revealed.Dionisio D’Aguilar, pictured, minister of tourism who has responsibili
'Financial Council' will oversee gov't finances
The Government’s Fiscal Responsibility Bill will create a non-political “Council” to oversee its financial stewardship, with the law yesterday hailed as a safeguard against national “bankruptcy”.Matt Aubry, executive director of the Organisation for
Gov't in 'tug of war' with freight, cruise industries
The Government’s plan to introduce a “mandatory tug boat fee” has been met with furious opposition from commercial shippers and cruise lines, amid fears it will further undermine Nassau’s competitiveness.Michele Paige, the Florida-Caribbean Cruise As
Hotel union elections gain court go-ahead
The hotel union’s general secretary says “time is of the essence” to elect new leadership after the Supreme Court removed an injunction preventing candidate nominations and voting.Darren Woods, the Bahamas Hotel, Catering and Allied Workers Union’s (
Bahamian analysts in excellence award win
The Bahamas’ Chartered Financial Analyst (CFA) Society has received the global network’s 2018 Excellence Award for its initiative to build market integrity.It received the CFA Institute’s 2018 Society Excellence Award on May 10, 2018, at its global l
Bahamas firm in China modular housing deal
A Bahamian company last Friday signed an agreement with its Chinese counterpart to pave the way for co-operation on modular housing construction.Latrae Rahming, Bahamaren’s managing director, and Michael B Wei, China Construction Modular Housing Comp
$300m boost if murder rates at global avg
The Bahamas could enjoy a $300m boost to annual economic growth if murder rates were reduced to world average levels, the International Monetary Fund (IMF) has projected.The Fund, in its latest Western Hemisphere economic outlook, also found that bet
Insurance industry mourns passing of former Summit chair
The Bahamas Insurance Association (BIA) is mourning the passing of industry veteran, and former chairman, Colin Jones.
WTO's 'red lines' impossible to set
Business cannot advise the Government on where to set the WTO “red lines” because of an information vacuum, the Chamber of Commerce’s chairman warned yesterday.
Economy's 'blood supply choked' by Customs proof of exchange control
The private sector yesterday hailed the Government’s decision to abolish a Customs demand that would have “choked off the blood supply” of the Bahamian economy.Robert Myers, pictured, the Organisation for Responsible Governance’s (ORG) principal, tol
Bahamas 'sleepwalks' towards WTO future
An ex-Port Authority (GBPA) attorney yesterday blasted the private sector for “sleepwalking” towards WTO membership, saying he was “astounded” by its “full panic mode” reaction.Carey Leonard told Tribune Business he was “frustrated” by the business c
Companies warned: Don't lay out 'hacker red carpet'
Bahamian businesses were yesterday warned that they are effectively “laying out the red carpet” for hackers if they do not take cyber threats seriously.Mike Maura, the Bahamas Chamber of Commerce and Employers Confederation’s (BCCEC) chairman, while
Bahamas targets seat on global telecom body
Campaigning for The Bahamas to obtain on the International Telecommunications Council (ITU) is among the sector regulator’s priority projects for 2018.The Utilities Regulation and Competition Authority (URCA), in its recently-released 2017 annual rep
PwC teams with Gov't for forensics workshop
PricewaterhouseCoopers (PwC) Bahamas teamed with the Attorney General’s Office on an initiative to boost the forensic and technical capabilities of local regulators.The accounting firm brought in several leading executives from its regional and globa
WTO's 'red lines' impossible to set
Business cannot advise the Government on where to set the WTO “red lines” because of an information vacuum, the Chamber of Commerce’s chairman warned yesterday.Michael Maura, pictured, told Tribune Business that the private sector was unable to deter
