Bahamas Realty expands to west New Providence
Bahamas Realty yesterday unveiled its expansion through a new office in western New Providence that will open on November 1.The new office, named Bahamas Realty West, will target the luxury properties and communities that populate that part of the is
ART OF GRAPHIX: Don't compress image quality by format choice
Compression plays a vitally important role in many imaging systems by reducing the amount of data needed to store and/or transmit image data. While many different methods exist to perform image compression, perhaps the most well-known is the baseline
Govt taking 'significant steps' on tech hub
THE Government has taken “significant steps” towards making its “technology hub” ambitions a reality, a Cabinet minister said yesterday in unveiling the second Grand Bahama Technology Summit.Senator Kwasi Thompson, minister of state for Grand Bahama,
GDP growth slash's 'pleasant surprise'
Businessmen were yesterday “pleasantly surprised” that the IMF did not cut The Bahamas’ GDP growth forecast more deeply, some having feared a full percentage point slash in VAT’s wake.Michael Maura, the Bahamas Chamber of Commerce’s chairman, told Tr
CLICO clients told: 'Keep faith' for another payout
The Government is working on a fourth CLICO (Bahamas) payout to come as early as next month, with a well-known pastor yesterday urging the insolvent insurer’s clients: “Keep the faith.”Bishop Simeon Hall, himself a former CLICO (Bahamas) annuity hold
'More proactive': BISX in pledge on trading limits
The Bahamas International Securities Exchange (BISX) yesterday pledged to become “more proactive” in stimulating the market for specific stocks by expanding their trading “bands”.Keith Davies, pictured, BISX’s chief executive, told Tribune Business t
BOB gains $56.7m Treasury Bill boost
Troubled Bank of The Bahamas (BOB) has received a further $56.7m boost from the Government in the form of Treasury Bills, as it recorded its first full-year of profitability since 2012.The BISX-listed institution’s unaudited financial statements for
PMH fee increases are 'not so simple'
A Cabinet minister yesterday admitted that the plan to implement up to 500 potential fee increases at the Princess Margaret Hospital (PMH) was “not as simple as it may seem”.Dr Duane Sands, minister of health, told Tribune Business that the Governmen
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
