Business

DPM: FDI alone cannot power a sustainable economy

MSMEs contribute 20-30 percent of GDP NASSAU, BAHAMAS – Micro-small and medium sized (MSME) businesses in The Bahamas contribute between... read more »

Business

Bahamas tops Caribbean as least corrupt country

Government reformers say not enough being done to address culture of corruption NASSAU, BAHAMAS – The Bahamas has been dubbed... read more »

Business

Sand Dollar pilot enrollment at 1,200 participants

Central Bank to host first BCCEC Power Breakfast on Sand Dollar initiative NASSAU, BAHAMAS- The Central Bank yesterday announced its... read more »

Business

Rodgers: “Financial oppression” as Bahamians unable to readily invest abroad

NASSAU, BAHAMAS – The inability of Bahamians to readily invest their money abroad has resulted in ‘financial oppression’, according to... read more »

Business

CBL Group hails ‘phenomenal start to 2020’ with $301.5 mil. sale of Florida subsidiary

NASSAU, BAHAMAS – BISX-listed CBL Group has announced that it has closed on a definitive agreement to sell its Florida... read more »

Business

Moody’s announces completion of periodic review of Bahamas ratings

NASSAU, BAHAMAS – Moody’s Investors Service has announced that it has completed a periodic review of ratings of The Bahamas.... read more »

Poll

Do you think the government should increase the minimum wage for both public and private sectors?

  • Yes (88%)
  • No (12%)
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Business

Despite losses, Bahamasair ‘critical’ to country’s tourism infrastructure – says minister

NASSAU, BAHAMAS – Tourism Minister Dionisio D’Aguilar yesterday defended Bahamasair as a ‘critical’ component to this nation’s tourism sector. D;Aguilar... read more »

Business

D’Aguilar laments Grand Bahama’s ‘lack of scale’

Minister says island needs Grand Lucayan revival as additional room inventory will drive airlift NASSAU, BAHAMAS – Tourism Minister Dionisio... read more »

Business

Drone delivery service takes flight

NASSAU, BAHAMAS – A Bahamian drone delivery service is rolling out its last-mile delivery service in the first quarter of... read more »

Business

D’Aguilar: 2019 another record year for tourism arrivals

‘Off the chart year’ were it not for Hurricane Dorian NASSAU, BAHAMAS – The Bahamas recorded another ‘record year’ for... read more »

Business

Government agrees to lift downtown Nassau height restrictions

NASSAU, BAHAMAS – Government has agreed in principle to lift downtown Nassau’s height restrictions which would accommodate condominiums and residential... read more »

Business

CWC maintains corporate family rating with stable outlook

NASSAU, BAHAMAS – The Bahamas Telecommunications Company’s immediate parent Cable and Wireless Communication (CWC) has maintained its Ba3 corporate family... read more »

Business

Government and The Pointe developer at odds over labour force ratio

NASSAU, BAHAMAS – The government is ‘very disappointed’ over the disproportionate ratio of Bahamians versus non-Bahamians currently employed at The... read more »

Business

Bahamasair jets ready for US re-entry by end of the week

NASSAU, BAHAMAS – Bahamasair managing director Tracy Cooper says the airline’s jets that were blocked from flying to the United... read more »

Business

Foulkes confirms 11 workers laid-off at GB airport

Government to make formal statement on GB airport status NASSAU, BAHAMAS- Labour Minister Dion Foulkes yesterday confirmed 11 persons employed... read more »

Business

Labour minister optimistic Cavalier workers will find new jobs

NASSAU, BAHAMAS- Labour Minister Dion Foulkes yesterday expressed optimism that axed Bobcat Bahamas employees will find alternative employment opportunities as... read more »

Countdown

Countdown to Tru Tru Bahamian Festival 2020

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Business

Foulkes: Government looking to ‘tighten’ apprenticeship system

NASSAU, BAHAMAS – The government is looking to ‘tighten’ its apprenticeship system, which seeks to ensure that Bahamians are properly... read more »

Business

Investar Securities launches online portal

NASSAU, BAHAMAS – Investar Securities Ltd yesterday announced the launch of an online subscription portal for new and current investors.... read more »

Business

BCA chief projects ‘significant fall-out’ if Cavalier exits

NASSAU, BAHAMAS – The Bahamian Contractors Association (BCA) president yesterday warned of a ‘significant fall-out’ in the local construction sector... read more »

Business

BPL urged to be ‘upfront’ on Shell deal

NASSAU, BAHAMAS – Bahamas Power and Light (BPL) executives must be ‘upfront’ and address concerns over the Shell deal, a... read more »