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BAIC aids 'Silicon valley' objectives

The Bahamas Agricultural and Industrial Corporation (BAIC) is supporting the Government’s plan to make this nation the “Silicon Valley of the Caribbean” by hosting a seminar to enhance small businesses’ Internet presence.The technology workshop was h

BTVI readies for City and guilds expansion

Twenty-seven persons from the Bahamas Technical and Vocational Institute (BTVI) recently attended training sessions that focused on City and Guilds’ assessment and quality assurance.The four-day training session in New Providence came as BTVI further

Resort developer in Q1 2019 IPO target

A Bahamian-led developer yesterday expressed hope its planned BISX listing in 2019’s first quarter will “change attitudes” towards local investment in the country’s largest industry.Sir Franklyn Wilson, pictured, head of Eleuthera Properties,

Marine pilot 'conflict' cost $108k offer

A Bahamian’s “conflicting” ties with a marine pilots group meant he lost the chance to become the South Riding Point terminal’s $108,000 per year ship berthing master.The Court of Appeal, in a unanimous September 13 ruling, upheld a previous verdict

QC: Bar must open for financial services

A well-known QC yesterday repeated calls for greater liberalisation of the legal profession if The Bahamas to sustain and grow its financial services industry.

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Disney, opponents won't 'reignite South Eleuthera'

Disney and its opponents will “fail to reignite South Eleuthera’s middle class and change the game” with their rival plans for Lighthouse Point, a nearby developer argued yesterday.Instead, Sir Franklyn Wilson told Tribune Business that the controver

Ex-AG: Public owner register is ‘sector killer’

An ex-attorney general yesterday warned that a beneficial ownership registry accessible by the public will be an “industry killer” for Bahamian financial services, and should be “resisted at all costs”.

Businessman: My WTO concerns were eased

A Bahamian businessman yesterday said many of his WTO-related concerns have been eased following the private sector’s meeting with the Government negotiating team last week.Robert Myers, pictured, who is part of the Chamber of Commerce’s World Trade

IMF: Bahamas in 'better place' on financial crime

An International Monetary Fund (IMF) yesterday praised The Bahamas’ efforts to strengthen its financial crime defences as a necessary safeguard against further loss of correspondent banking ties. Carolina Claver, a senior IMF financial sector expert

Culinary team selected as Hunger Ambassadors

The Bahamas National Culinary team has been chosen as the Hands for Hunger Ambassadors for the month of September.Hands for Hunger, the local non-profit charity, has been working to mitigate hunger by reducing food waste in The Bahamas for almost ten

Ministry in STEP to sponsor conference

The Ministry of Financial Services, Trade and Industry and Immigration was a major sponsor of the Society of Trust and Estate Practitioners (STEP) recent global conference.The event, held in Vancouver from 13-14 September 2018, hosted attendees from

Tourism workshop to visit out islands

Officials are planning to take the Tourist Money Never Done workshop to several Family Islands after last week’s inaugural event at the British Colonial Hilton was oversubscribed.The initiative was developed by the Ministry of Tourism and Aviation, i

BPL faces early Shell call on ‘shortfall’ fear

Bahamas Power & Light (BPL) will reach out to Shell to bridge any near-term “shortfall” in Nassau’s power needs due to the recent Clifton Pier fires, it was revealed yesterday.

'One-stop shop' to exploit 50% foreign investment cost cut

RoyalFidelity will tonight launch a “one-stop shop” investment management platform that aims to exploit the more than 50 percent cut in the premium Bahamians pay to invest overseas.Michael Anderson, pictured, the Bahamian merchant bank’s president, t

DPM: Bahamas to 'fare well' in financial crime assessment

THE Government is confident The Bahamas will “fare well” in the latest assessment of its anti-financial crime defences following corrective action by the Minnis administration.K Peter Turnquest, pictured, the deputy prime minister, yesterday said the