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
Police must 'recruit by need' on cyber crime
The Royal Bahamas Police Force (RBPF) needs to “build capacity” to handle cyber crimes, a Cabinet Minister said yesterday, adding: “We need to recruit based on needs and not numbers.”Marvin Dames, minister of national security, who was the keynote sp
Sebas finally wins planning battle
Sebas Bastian yesterday cited Town Planning’s rapid six-day “U-turn” on his $50m office complex as “proof of my suspicions” that he was being treated unfairly.
BTC owner predicting 'light at end of tunnel'
The Bahamas Telecommunications Company’s (BTC) ultimate owner yesterday said there was “light at the end of the tunnel” in its battle to fight off Aliv’s competitive threat.Balan Nair, Liberty Latin America’s chief executive, told a conference call i
Customs drops new demand following business pushback
The Government has dropped demands for Bahamian importers to supply proof of exchange control approval for each Customs entry following an outcry from furious businesses.Marlon Johnson, pictured, the Ministry of Finance’s acting financial secretary,
Web shops: Up to 50,000 gambling
Web shops yesterday estimated that between 30,000-50,000 Bahamians engage in gambling, as the sector formally launched its anti-addiction initiative.The Bahamas Gaming Operators Association’s (BGOA) Responsible Gaming and Addiction Prevention Program
Margin squeeze means Summit won't peak in '18
A Bahamian insurer yesterday said it is unlikely to match last year’s 173.4 per cent profit increase due to a “margin squeeze” imposed by increased reinsurance costs.Timothy Ingraham, Summit Insurance Company’s president, told Tribune Business that t
Five realtors honoured by international franchise
Five agents at Better Homes and Gardens MCR Bahamas Group have been recognised by the international real estate franchise for outstanding sales performance.The four-tier, performance-based award system bestows Silver, Gold, Platinum and Emerald Elite
ART OF GRAPHIX: Designing on the fly will never work
A flyer can often be a cheap but cheerful way to get your brand before customers. Flyers can also be great at promoting special events or offers, providing customers with more information on a specific product or service you are providing.But making
Contractor chief hopes forAffordable Homes boost
The Bahamian Contractors Association’s (BCA) president yesterday said the Government’s Affordable Homes initiative could potentially provide an immediate housing sector boost, although the legislation needed more examination.Leonard Sands, pictured,
Web shop locations decline near 60%
WEB shop locations have decreased by some 60 per cent since the industry’s regulation, it was revealed yesterday, with the industry’s Association dismissing the perception of “proliferation”. Gershan Major, the Bahamas Gaming Operators Association’s
BTC profits slump 75% amid 2-year owner wait
The Bahamas Telecommunications Company’s (BTC) 2017 profits plunged by around 75 per cent amid its owner’s continuing two-year wait for the Government to approve its takeover.
Credit growth less than 3% through 2021
The Deputy Prime Minister yesterday conceded the Government’s economic and fiscal plans are “ambitious”, amid forecast of subdued credit growth of “less than three per cent” through 2021.K P Turnquest, pictured, responding to the Caribbean Developme
