Business

SHUT DOWN: Court of Appeal denies Nygard’s application for Privy Council appeal

NASSAU, BAHAMAS — The Court of Appeal has denied Canadian fashion mogul Peter Nygard’s application for conditional leave to appeal... read more »

Business

SEEKING CLARITY: Oil drilling opponents claim BPC owes govt for license fees; call on company to clarify

BREEF head: BPC must sort out license fees before applying to renew But BPC new incoming CEO says oil company... read more »

Business

Use of The Bahamas’ vast ocean resources — Bahamas Development Bank looks at the potential and offers grants for training

NASSAU, BAHAMAS — The recent Blue Economy Think Tank hosted by the Strategic Development and Initiatives Unit of the Bahamas... read more »

Business

RUNNING OUT OF TIME: “Uncertainty” looms as Dorian tax breaks set to expire, says Abaco Chamber

Hutton says Abaco residents have tried to engage govt to no avail NASSAU, BAHAMAS — With the Hurricane Dorian tax... read more »

Business

Securities regulator secures Privy Council decision in decade-old legal battle

NASSAU, BAHAMAS — The securities industry regulator has secured a Privy Council decision in its favor in a decade-old legal... read more »

Business

TAKE FLIGHT: Bahamas must maximize returns on airspace takeover, urges local aviation industry operator

“Aviation is more than flying a plane; we have to bring in aviation mechanics and when you look at it,... read more »

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Business

Businessman lauds US court for $200K fine for American caught illegally fishing in Bahamian waters

Carey: Bahamas must be tougher on illegal fishing or fresh reef fish may become extinct “Seize vessels and they’ll get... read more »

Business

Bahamian Brewery introduces plastic-free packaging

FREEPORT, GRAND BAHAMA — In 2020, The Bahamas joined 69 nations across the globe that have banned single-use plastics to... read more »

Business

Scotiabank Bahamas urges vigilance amid increase in fake apps and websites

NASSAU, BAHAMAS — As The Bahamas continues to transition to being a more digital society, amidst the COVID-19 pandemic, Scotiabank... read more »

Business

BAD TO WORSE: Shantytown resurgence further exacerbates Abaco’s “housing crisis”, says Chamber president

ABACO, BAHAMAS — The re-emergence of shantytowns on Abaco is merely exacerbating the housing crisis on the hurricane-ravaged island, according... read more »

Business

INTO THE FUTURE: Bahamas Cabinet goes digital

Thompson says ministers do not have to physically attend Cabinet meetings to participate NASSAU, BAHAMAS — The Cabinet of The... read more »

Business

“Absolute explosion” of health visa applications; reports of returning Bahamians unable to receive health visas

Over 5,000 applicants per day Some travelers report being stranded in the US as they seek to return home today... read more »

Business

HOUSING MARKET DISPARITY: High-end real estate “booming”; local real estate, not so much

NASSAU, BAHAMAS — The country’s high-end real estate market is ‘booming”, according to Bahamas Real Estate Association (BREA) President Christine... read more »

Business

OUT IN THE COLD: Taxi drivers fear being left out by Royal Caribbean Beach Club arrangement

Inside source assures Royal Caribbean eager to meet with taxi union over concerns NASSAU, BAHAMAS — Bahamas Taxi Cab Union... read more »

Business

Govt digitization strategy continues with aim to increase productivity

Redeployments to be brought about within public sector NASSAU, BAHAMAS — A top Ministry of Finance official said yesterday as... read more »

Business

Caribbean tech company to launch corporate innovation programme

TBR Lab is reimagining learning and development for corporate innovators KINGSTON, JAMAICA — Caribbean tech-connector platform TechBeach Retreat has designed... read more »

Business

BHTA president calls homeporting a “win-win”’; warns ‘we get one bite at this apple’

Royal Caribbean exec: Homeporting will help reinvigorate Bahamian economy NASSAU, BAHAMAS — Calling homeporting a “win-win” for the country, president... read more »

Business

“MAJOR DEFICIENCIES”: Disney’s Lighthouse Point opponents continue criticism of EIA

“The Bahamas deserves a full assessment of whether or not this project is a good deal for its people” NASSAU,... read more »

Business

NO PRETTY PICTURE: Govt lost without a plan as country facing “dire circumstances”, says Cooper

“This chicken will come home to roost in due course” NASSAU, BAHAMAS — The nine-month fiscal snapshot released by the... read more »

Business

Mortgage lender’s net profits drop near 65 percent over 3-month period

NASSAU, BAHAMAS — A mortgage lender has reported its net profit for the three moths ended January 31, 2021 was... read more »