The redevelopment of the Grand Lucayan property has the capability to change the direction of visitor arrivals into Grand Bahama “with the right development plan,” Minister of Tourism and Aviation Dionisio D’Aguilar said in the House of Assembly, Thursday. “Simply put, the redevelopment of the Grand Lucayan will bring additional airlift; additional airlift will improve […]
GIBC Digital, a global technology firm that is slowly transitioning The Bahamas from archaic ways of record keeping to a more efficient platform. GIBC opened its first office location in Freeport, Grand Bahama back in June to serve as the company’s global training headquarters, which houses its new data and artificial centre. GIBC’s Chief Executive […]
Strict rules for Our Lucaya buyer Parties interested in buying the Our Lucaya Resort in Freeport, Grand Bahama will have to undergo a strict vetting process, revealed Prime Minister Dr. Hubert Minnis in Parliament yesterday, as he said a number of entities have expressed serious interest in purchase. Leading Debate on the Resolution for the […]
Chairman of the Bahamas Agricultural Industrial Corporation (BAIC) Michael Foulkes announced that the BAIC would be hosting a technology workshop for small businesses in an effort to gear them in the right direction as The Bahamas gears towards becoming a Technology Hub. The BAIC conducted this workshop on Tuesday led by former GOOGLE INC. employee […]
The government has solidified the purchase of the Grand Lucaya Hotel and the deal with Oban Energies Oil and Storage Facility indicating their primary purpose of stimulating Grand Bahama’s economy. Residents, although initially in support of the government’s decisions, are now expressing discontent and see the future as bleaker than promising. Appearing on Beyond The […]
The Bahamas Agricultural and Industrial Corporation (BAIC) is hosting a technology workshop for small businesses this week. Executive Chairman of the BAIC, Michael Foulkes, told media on Friday at a press conference that as The Bahamas positions itself to become the new silicon capital of the Caribbean, the BAIC has realized the importance of commencing […]
Edison Sumner resigned as Chief Executive Officer (CEO) of The Bahamas Chamber of Commerce and Employees Confederation (BCCEC) on Friday after details of his 10-year securities industry ban and over $200,000 in fines surfaced last week. In a letter addressed to the BCCEC’s Chairman Mike Maura Jr., Sumner said the resignation is with immediate effect. Earlier this week, […]
Chief Executive Officer (CEO) at Bahamas Power and Light (BPL) told Eyewitness News Thursday that overhauling Clifton Pier and its efficiency is a major party of why the company made the decision to bring in foreign expertise from a long-time partnership to assist the company’s endeavours. The news comes after Union executives accused BPL of hiring foreign workers instead of Bahamians […]
Consumers can now breathe a sigh of relief as local banking fees are set to decrease according to Labour Minister Dion Foulkes. The minister revealed to media houses Tuesday that, following long discussions with the clearing banks association and widespread discontent from the public on the high fees, the banks have agreed to cut those costs to […]
Bahamas Chamber of Commerce and Employers Confederation (BCCEC) Chief Executive Officer (CEO) Edison Sumner said Tuesday that he has high hopes for The Bahamas’ accession to the World Trade Organization (WTO) and full confidence in Zhivargo Laing’s appointment at chief negotiator for the country. Sumner said the Chamber has been intricately involved since day one […]
The government-appointed committee to review the heads of agreement (HOA) with Oban Energies is still awaiting a technical report to complete its assessment to Cabinet. In an interview with the press outside Cabinet Tuesday, Labour Minister Dion Foulkes, who heads the committee, said while the investor remains committed to the deal, the committee is unsure of when […]
Chamber of Commerce Chief Executive Officer (CEO) Edison Sumner said Tuesday that there will be another meeting to further discuss the proposal of a Disney lighthouse in Eleuthera. The follow-up meeting will be held in Orlando Florida. The proposed construction at the lighthouse stirred up much controversy with residents of Eleuthera who feel a Disney […]
