LocalApril 26, 2019April 26, 2019 at 4:34 am Ginelle Longley

Local

Public sector hires necessary to be effective, says Turnquest

NASSAU, BAHAMAS – Deputy Prime Minister and Minister of Finance Peter Turnquest said yesterday that while the government is mindful of the cost of new public service hires and promotions, it is a needed within the public sector. “We are very mindful of the cost to the public service and we continue to be very […]

NASSAU, BAHAMAS – Deputy Prime Minister and Minister of Finance Peter Turnquest said yesterday that while the government is mindful... read more »

April 26, 2019April 26, 2019 at 4:34 am | Ginelle Longley

BusinessApril 17, 2019April 16, 2019 at 4:37 am Eyewitness News

Business

Bahamas Maritime Authority appoints new Managing Director and CEO

NASSAU, BAHAMAS – The Bahamas Maritime Authority (BMA) has announced the appointment of Captain Dwain E. Hutchinson as its new Managing Director and Chief Executive Officer. The announcement was made on April 11, 2019 at the Ministry of Transport and Local Government. Captain Hutchinson succeeds Commodore Davy F. Rolle, who stepped down as managing director […]

NASSAU, BAHAMAS – The Bahamas Maritime Authority (BMA) has announced the appointment of Captain Dwain E. Hutchinson as its new... read more »

April 17, 2019April 16, 2019 at 4:37 am | Eyewitness News

LocalApril 15, 2019April 14, 2019 at 4:40 am Theo Sealy

Local

Additional staff to increase post office revenue

NASSAU, BAHAMAS – The introduction of additional staff at the General Post Office is expected to put an end to years of a steady decline in revenue, according to local government minister Renward Wells. Wells recently revealed to media that the general mail hub, on East Hill Street, has experienced an overall decrease in revenue […]

NASSAU, BAHAMAS – The introduction of additional staff at the General Post Office is expected to put an end to... read more »

April 15, 2019April 14, 2019 at 4:40 am | Theo Sealy

EconomyApril 10, 2019April 10, 2019 at 9:44 am Ginelle Longley

Economy

D’Aguilar on Grand Lucayan VSEPS : “There is no movement and I’m a little alarmed”

NASSAU, BAHAMAS – Minister of Tourism and Aviation Dionisio D’Aguilar on Tuesday claimed that representatives of the Grand Lucayan managerial staff are holding up the issue of voluntary separation packages from coming to any timely resolution. “There is no movement and I’m a little alarmed. I don’t know what’s going on [or] what strategy they’re […]

NASSAU, BAHAMAS – Minister of Tourism and Aviation Dionisio D’Aguilar on Tuesday claimed that representatives of the Grand Lucayan managerial... read more »

April 10, 2019April 10, 2019 at 9:44 am | Ginelle Longley

BusinessApril 10, 2019April 10, 2019 at 9:42 am Eyewitness News

Business

Operations at Public Employment Services Unit temporary suspended

The Department of Labour, in a letter issued to the media on Tuesday, is advising the general public that the Public Employment Services Unit at its headquarters on Rosetta Street has been temporarily suspended for two weeks due to infrastructure work. The Department noted, however, that all other services will continue as normal. “As a result, […]

The Department of Labour, in a letter issued to the media on Tuesday, is advising the general public that the Public... read more »

April 10, 2019April 10, 2019 at 9:42 am | Eyewitness News

BusinessApril 9, 2019April 9, 2019 at 2:47 am admin

Business

Arawak Cay Manager: Long Wharf  Beach events giving Arawak Cay a bad name

NASSAU, BAHAMAS– As Arawak Cay and the Long Wharf Beach is a popular location for cooler fetes, beach parties, cookouts and other events, many have expressed the need for more police presence in this area to settle disputes when they happen. A number of violent brawls and have erupted at Arawak Cay in recent weeks […]

NASSAU, BAHAMAS– As Arawak Cay and the Long Wharf Beach is a popular location for cooler fetes, beach parties, cookouts... read more »

April 9, 2019April 9, 2019 at 2:47 am | admin

BusinessApril 9, 2019April 9, 2019 at 12:04 am Eyewitness News

Business

BDB seeks to strengthen partnership with OAS

NASSAU, BAHAMAS – In continuation of its Strategic Priorities, The Bahamas Development Bank (BDB) recently met with the country’s representative of the Organization of American States (OAS), Mrs. Phyllis Baron. The purpose of the meeting was to explore opportunities and avenues to strengthen efforts to better assist Micro, Small and Medium-sized Enterprises (MSME’S).  In addition, […]

NASSAU, BAHAMAS – In continuation of its Strategic Priorities, The Bahamas Development Bank (BDB) recently met with the country’s representative... read more »

April 9, 2019April 9, 2019 at 12:04 am | Eyewitness News

BusinessMarch 29, 2019March 29, 2019 at 2:25 am Matthew Moxey

Business

Sumner expresses hope about Grand Lucayan deal

Urges managers to take the most reasonable VSEP offer   NASSAU, BAHAMAS – Edison Sumner, a former president of The Bahamas Chamber of Commerce on Thursday expressed hope that the government’s signing of a Letter of Intent (LOI) with Royal Caribbean Cruises (RCC) Limited and the ITM Group to purchase the Grand Lucayan Resort for […]

Urges managers to take the most reasonable VSEP offer   NASSAU, BAHAMAS – Edison Sumner, a former president of The... read more »

March 29, 2019March 29, 2019 at 2:25 am | Matthew Moxey

BusinessMarch 22, 2019March 22, 2019 at 2:30 am Eyewitness News

Business

Award winning Coral Vita team to speak at GB Chamber event

FREEPORT, BAHAMAS –   Late last year Government officials, private stakeholders and Non-Governmental Organizations (NGO’s) attended the groundbreaking of the world’s first ever coral farm, in Grand Bahama. The Coral Vita Project, which is a collaborative endeavour between Coral Vita, The Grand Bahama Port Authority, and the Grand Bahama Development Company (DEVCO) was founded by Gator […]

FREEPORT, BAHAMAS –   Late last year Government officials, private stakeholders and Non-Governmental Organizations (NGO’s) attended the groundbreaking of the world’s... read more »

March 22, 2019March 22, 2019 at 2:30 am | Eyewitness News

BusinessMarch 18, 2019March 18, 2019 at 2:50 am Eyewitness News

Business

PM: The Bahamas poised for an economic rebirth

GEORGE TOWN, EXUMA – Prime Minister Dr. Hubert Minnis said The Bahamas and the island of Exuma are poised for an economic rebirth as he announced extensive plans to improve infrastructure on the island. Among the plans are a new international airport in George Town, the construction of an Office of the Prime Minister, much-needed […]

GEORGE TOWN, EXUMA – Prime Minister Dr. Hubert Minnis said The Bahamas and the island of Exuma are poised for... read more »

March 18, 2019March 18, 2019 at 2:50 am | Eyewitness News

BusinessMarch 14, 2019March 14, 2019 at 2:22 am Eyewitness News

Business

Water & Sewerage opens at Mall at Marathon

NASSAU, BAHAMAS – The Water & Sewerage Corporation (WSC) opened a new customer service location on Wednesday at the Mall at Marathon. Five employees are responsible for running the new office, which is open from 8:30 a.m. to 6:00 p.m. from Monday to Saturday. The Mall location offers similar services as the WSC headquarters on […]

NASSAU, BAHAMAS – The Water & Sewerage Corporation (WSC) opened a new customer service location on Wednesday at the Mall... read more »

March 14, 2019March 14, 2019 at 2:22 am | Eyewitness News

BusinessMarch 13, 2019 at 2:20 am Eyewitness News

Business

Small Business Development programme launched in Eight Mile Rock

EIGHT MILE ROCK, GRAND BAHAMA — The Government recently launched its Grand Bahama’s Small Business Development programme in West Grand Bahama at the Eight Mile Rock High School auditorium. After successfully launching the programme in East Grand Bahama last month, Deputy Prime Minister and the Minister of Finance K. Peter Turnquest said he wanted to […]

EIGHT MILE ROCK, GRAND BAHAMA — The Government recently launched its Grand Bahama’s Small Business Development programme in West Grand... read more »

March 13, 2019 at 2:20 am | Eyewitness News

BusinessMarch 8, 2019March 8, 2019 at 3:20 am Royston Jones Jr.

Business

Cruise lines have no issue with govt.’s selection for port

Royal Caribbean CEO excited and prepared to work with new developer   NASSAU, BAHAMAS – Although it missed out on the Nassau’ cruise port project, Royal Caribbean Cruise Lines (RCCL) President and CEO Michael Bayley said yesterday that the cruise lines are not bothered, and are instead “exited, and willing” to work with the selected […]

Royal Caribbean CEO excited and prepared to work with new developer   NASSAU, BAHAMAS – Although it missed out on... read more »

March 8, 2019March 8, 2019 at 3:20 am | Royston Jones Jr.

BusinessMarch 5, 2019March 4, 2019 at 3:05 am admin

Business

Grand Isle opens $4 million beach club

NASSAU, BAHAMAS – A $4 million investment at Exuma’s Grand Isle Resort and Spa saw the island open its first Beach Club last week – a swanky locale set to lure in trendy vacationers and be the new St. Tropez of the region. In an interview with Eyewitness Business, the property’s majority owner Peter Nicholson […]

NASSAU, BAHAMAS – A $4 million investment at Exuma’s Grand Isle Resort and Spa saw the island open its first... read more »

March 5, 2019March 4, 2019 at 3:05 am | admin

BusinessMarch 5, 2019March 5, 2019 at 3:00 am admin

Business

New IDB publication highlights public sector weaknesses

NASSAU, BAHAMAS – A new Inter-American Development Bank publication has further highlighted two well-known areas of weakness for The Bahamas: the public sector’s wage bill and issues with State-Owned Enterprises (SEOs). The “Nurturing Institutions for a Resilient Caribbean” publication was released yesterday, with Deputy Prime Minister and Minister of Finance Peter Turnquest linking data from […]

NASSAU, BAHAMAS – A new Inter-American Development Bank publication has further highlighted two well-known areas of weakness for The Bahamas:... read more »

March 5, 2019March 5, 2019 at 3:00 am | admin

BusinessMarch 1, 2019March 1, 2019 at 2:55 am admin

Business

Royal Caribbean hosts another job fair in the capital

Manager says at least 200 applicants assessed   NASSAU, BAHAMAS – Eyewitness News visited the Royal Caribbean Job Fair yesterday at the National Training Agency, where Bahamians lined up and waited to be interviewed for an opportunity to be a part of the Royal Caribbean family. According to Cindy Williams-Johnson, manager of Royal Caribbean Talent […]

Manager says at least 200 applicants assessed   NASSAU, BAHAMAS – Eyewitness News visited the Royal Caribbean Job Fair yesterday... read more »

March 1, 2019March 1, 2019 at 2:55 am | admin

BusinessFebruary 28, 2019February 28, 2019 at 3:20 am admin 1

Business

Cruise line private islands divert traffic from capital

NASSAU, BAHAMAS  – The government has once again admitted that a trend in granting approvals to cruise lines for private islands may be taking much-needed foot traffic further away from the local retailers in the capital. It’s an effect opposite to an uptick in passenger arrivals – and economic activity – these mega cruise liners […]

NASSAU, BAHAMAS  – The government has once again admitted that a trend in granting approvals to cruise lines for private... read more »

February 28, 2019February 28, 2019 at 3:20 am | admin | 1

BusinessFebruary 27, 2019February 27, 2019 at 3:32 am admin

Business

DPM: “No End to OECD/EU demands”

The Bahamas will remain a “clean and compliant” jurisdiction regardless of how many times the nation is blacklisted, Deputy Prime Minister and Minister of Finance Peter Turnquest reinforced yesterday. Speaking at Royal Fidelity’s Business Economic Outlook, Turnquest expressed concern that no matter how cooperative the nation is or how compliant with demands to become more […]

The Bahamas will remain a “clean and compliant” jurisdiction regardless of how many times the nation is blacklisted, Deputy Prime... read more »

February 27, 2019February 27, 2019 at 3:32 am | admin

BusinessFebruary 27, 2019February 27, 2019 at 3:30 am Ginelle Longley

Business

Turnquest: Focus on private sector rather than govt. jobs

NASSAU, BAHAMAS – Acting Prime Minister and Minister of Finance K. Peter Turnquest on Tuesday encouraged persons entering the workforce to focus more on private sector rather than government jobs. “The era of finishing school and looking for a good job with government is over,” Minister Turnquest said. The deputy prime minister’s comments came yesterday […]

NASSAU, BAHAMAS – Acting Prime Minister and Minister of Finance K. Peter Turnquest on Tuesday encouraged persons entering the workforce... read more »

February 27, 2019February 27, 2019 at 3:30 am | Ginelle Longley

BusinessFebruary 27, 2019February 27, 2019 at 3:06 am Royston Jones Jr.

Business

Beckles: Govt. has to make tough fiscal decisions

NASSAU, BAHAMAS – As credit ratings agency Moody’s encourages the Minnis administration to exercise restraint in public spending while predicting it will miss its deficit target, the private sector said yesterday it expects the government to make some “very tough decisions” in its commitment to meet its 2018/2019 targets. “There is still a degree of […]

NASSAU, BAHAMAS – As credit ratings agency Moody’s encourages the Minnis administration to exercise restraint in public spending while predicting... read more »

February 27, 2019February 27, 2019 at 3:06 am | Royston Jones Jr.