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Union chief slams 'travesty' of WTO meeting exclusion

THE Trades Union Congress’s (TUC) president yesterday slammed the labour movement’s non-inclusion in ongoing WTO consultations as “a travesty” and “sign of backward thinking”.Obie Ferguson, speaking as the Government kickstarted a fortnight-long seri

Gov't's 'large batch' of business ease reforms

THE Government yesterday said it plans to introduce several ‘ease of business’ improvements in the upcoming Budget, given their important link to the WTO accession. Brent Symonette, who has Cabinet responsibility for the trade and industry portfolio,

Oil explorer's licence' under consideration'

THE Government was yesterday said to giving “active consideration” to the renewal of an oil driller’s licence and the wider issue of exploration in Bahamian waters.Romauld Ferreira, minister of the environment and housing, told Tribune Business that

'Someone has to pay' $2m deportation bill

A CABINET Minister yesterday lamented the high cost of illegal Immigration, and warned that “someone has got to pay” for the near-$2 million deportation bill year-to-date.Brent Symonette, who has responsibility for Immigration, confirmed some work pe

Shell HQ relocation gives Gov't big boost

Shell’s plans to relocate its regional headquarters to the Bahamas were yesterday described by a Cabinet Minister as a sign of increased confidence in this nation’s economy and government.Desmond Bannister, minister of works, confirmed to Tribune Bus

Gov't to 'replicate' NP landfill solution across Bahamas

THE Government plans to “replicate” the New Providence landfill solution across the Bahamas, with a Cabinet Minister urging: “We must stop this ‘dumping in the bush’ culture.”Romauld Ferreira, minister of the environment, told Tribune Business that f

Credit Bureau data gather to begin 'year from today'

THE Central Bank’s governor expects the Bahamas’ first-ever Credit Bureau will begin the data collection process “a year from today”, saying: “This really will be a step up for the country.”John Rolle, speaking as the Central Bank launched the formal

Insurer's 'big relief' at no business ease reversal

A TOP insurance executive has hailed the decision not to impose additional regulatory requirements that were “in the opposite direction” to improving the ‘ease of doing business’Patrick Ward, Bahamas First’s chief executive and president, told Tribun

Miller: 'Where are LNG critics now?'

A FORMER Cabinet minister says it is “crying shame” that the Bahamas “missed the boat” on liquefied natural gas (LNG) 15 years ago, questioning: “Where are the critics now?”Leslie Miller, who strongly advocated for LNG during his tenure as minister o

Maximising Bimini's potential without losing its core appeal

Island OverviewBIMINI is seven miles of luxury resorts and hotels, native flavour, marina life, and eco-filled adventures. It is the perfect place to be if you are looking to escape the long lines of traffic in New Providence, or get away from trying

Bahamian app developer targets next month launch

A TECHNOLOGY solutions provider is preparing to launch a Bahamian-targeted home services application (app) next month, as it bids to “infuse technology” into several local industries.Steven Adderley, a Bahamian tech developer residing in Seattle, tol

PM reaffirms Gov't's private sector support

THE Prime Minister has affirmed to an international audience that the Government and private sector are of one accord in advancing the competitiveness of Bahamian business.Dr Hubert Minnis gave this confirmation at the third CEO Summit of the America

Land Registry in 20 years to 'get straight'

Realtors yesterday hailed the Government’s Land Registry plan as taking the Bahamas to “first world status”, but warned: “It will take 20 years to get straight.”Leading industry players, while giving their backing to the Minnis administration’s just-

Bahamas First's 'banner year' as profits up 548%

BAHAMAS First’s chief executive yesterday hailed 2017 as “a banner year” where profits increased almost seven-fold, adding: “Everything we needed to go in our favour did.”Patrick Ward told Tribune Business that the “buildings blocks” laid by the prop

BPL urged: ‘Ramp up quickly’ to get $500m Shell saving

BAHAMAS Power & Light (BPL) was yesterday urged to “ramp up very quickly” on its generation deal with Shell, amid hopes it could result in $500 million of annual economic savings.