Business

Dynamic Healing Wellness Center celebrates grand opening of chiropractic, physical and aquatic therapy center

NASSAU, BAHAMAS — Government officials, members of the business and medical community along with friends and well-wishers, gathered at the... read more »

Business

Sand Dollar upgrade to provide ‘seamless’ banking integration

NASSAU, BAHAMAS — A digital payment solutions provider hailed the “seamless integration” of the updated Sand Dollar infrastructure with commercial... read more »

Business

Clearing Banks Association head pledges “we will leave no one behind” amid digital banking thrust

NASSAU, BAHAMAS — The head of the Clearing Banks Association (CBA) yesterday assured that “we will leave no one behind,”... read more »

Business

Business community hoping for no new taxes, full audit requirement threshold adjustment ahead of budget debate

NASSAU, BAHAMAS — The business community is still hopeful that the government will revisit the business license verification process and... read more »

Business

Carnival execs ‘blown away’ by applications for Celebration Key spots

NASSAU, BAHAMAS — Carnival executives say they have been “blown away” by the hundreds of applications for spots in the... read more »

Business

Opposition demands investigation into alleged $675K FTX donations linked to government officials and their families

NASSAU, BAHAMAS — The Opposition is demanding an immediate investigation into allegations that FTX paid $675,000 to entities affiliated with... read more »

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Business

 Bahamas Development Bank and Disney Cruise Line implement solution on $2M cruise line insurance Challenge

NASSAU, BAHAMAS — A new initiative by the Bahamas Development Bank, following discussions with Disney Cruise Line, could end a... read more »

Business

Halkitis: Rothschild & Co hiring “money well spent”

NASSAU, BAHAMAS — Economic Affairs Minister Senator Michael Halkitis has praised the hiring of the independent global financial advisory group... read more »

Business

Government expects no fallout from 15 percent corporate tax impacting multinational firms

NASSAU, BAHAMAS — The government does not anticipate any fallout or loss of business due to its decision to introduce... read more »

Business

CIBC Caribbean “Digital Branch” creation to result in closure of Bahamas contact centre

NASSAU, BAHAMAS—CIBC Caribbean on Thursday announced plans to create a “Digital Branch” out of its current call centres, a move... read more »

Business

Upcoming budget should pave path for growth, address national debt, and lay foundation for development, says governance reformer

NASSAU, BAHAMAS — The upcoming budget should “pave the path and broaden the space” for future growth and address the... read more »

Business

GB Power Company’s parent foresees “no material” impact from Electricity Bill 2024

NASSAU, BAHAMAS — The Grand Bahama Power Company’s (GBPC) parent company  does not foresee the Electricity Bill 2024, which removes... read more »

Business

PM highlights insurability concerns amid rising premiums and high risks driving away insurers

NASSAU, BAHAMAS — Prime Minister Phillip Davis expressed serious concern about the nation’s continued insurability, noting that rising insurance premiums... read more »

Business

Abaco resort operator urges repair of Treasure Cay Airport to boost North Abaco business

NASSAU, BAHAMAS — An Abaco resort operator has urged the repair of the Treasure Cay Airport to boost business in... read more »

Business

Government says no benefits will be lost in transfer of 48 Bahamasair ground handling workers to Nassau Flight services

NASSAU, BAHAMAS — The government has proposed transferring 48 Bahamasair ground handling service workers to Nassau Flight Services to allow... read more »

Business

Commonwealth Brewery reports 36 percent year-over-year Q1 profit increase

NASSAU, BAHAMAS — Commonwealth Brewery reported a 36 percent year-over-year increase in its first-quarter profit at $2.6 million.  The BISX-listed... read more »

Business

Imports increase by nine percent in 2023 as trade deficit widens to $3.46 billion

NASSAU, BAHAMAS — The value of commodities imported into The Bahamas totaled $4.2 billion in 2023, marking a nine percent... read more »

Business

BTC to commence mobile network optimization project

MASSAU, BAHAMAS — The Bahamas Telecommunications Company (BTC) says that it plans to fully shut down its entire 2G network... read more »

Business

Brickell Management Group Introduces Vilara Villas: A Haven of Luxury on Love Beach

NASSAU, BAHAMAS — Brickell Management Group (BMG) has broken ground on one of its newest residential developments, Vilara Villas, on... read more »

Business

Caribbean’s first Banyan Tree Resort & Residences announced for Bimini

NASSAU, BAHAMAS — Construction and sales have commenced on a new luxury resort community in Bimini to be managed by... read more »