Business

Water Corp owed its supplier nearly $30 million at the end of 2023

NASSAU, BAHAMAS — The Water and Sewerage Corporation (WSC) found itself owing nearly $27 million to its BISX-listed water supplier... read more »

Business

BTC places special emphasis on Contact Center training

NASSAU, BAHAMAS—Nine BTC contact center agents recently graduated from a rigorous two-week training course. They are now able to address... read more »

Business

Utilities regulator to undertake analysis of renewable energy projects, cites general lack of awareness regarding benefits

NASSAU, BAHAMAS — The utilities regulator plans to undertake an analysis of renewable energy projects, having approved approximately 300 to... read more »

Business

Developer clarifies misunderstanding regarding Nirvana purchase speculation

NASSAU, BAHAMAS — Bahamian businessman His Excellency Sebas Bastian, clarified yesterday that his Brickell Management Group had not purchased Nirvana,... read more »

Business

BUSINESS BOOST: Six Bahamian entrepreneurs receive funding from OWN Bahamas

NASSAU, BAHAMAS — Six (6) Bahamian entrepreneurs have received over $80,000 in funding, courtesy of OWN Bahamas powered by the... read more »

Business

Nassau and Paradise Island hotels forecasting strong Easter numbers

NASSAU, BAHAMAS — Most Nassau/Paradise Island Hotels are forecasting strong Easter numbers, with occupancies as high as last year and,... read more »

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Business

URCA defends push for electronic communication sector outage reporting

NASSAU, BAHAMAS — The Utilities Regulation and Competition Authority (URCA) has defended its push for outage reporting from its electronic... read more »

Business

Bahamian firms cite access to finance as major or severe obstacle to conducting business

NASSAU, BAHAMAS — Bahamian firms have cited access to finance as a major or severe obstacle to conducting business, with... read more »

Business

Grand Bahama business community urged to “get in the game” and seize economic opportunities

NASSAU, BAHAMAS — Acting Prime Minister Chester Cooper has urged the Grand Bahamian business community to “get in the game”... read more »

Business

IDB report highlights deficiencies in The Bahamas’ education system for 21st century skills

NASSAU, BAHAMAS — A recently released Inter-American Development Bank (IDB) report has highlighted the extremely low levels of learning in... read more »

Business

GBPA showcases investor-ready commercial and residential properties

NASSAU, BAHAMAS — Executives of the Grand Bahama Port Authority are heralding a ‘renaissance’ in the island’s economy, with a... read more »

Business

Halkitis: Digital currency knowledge exchange with Botswana delegation in April

NASSAU, BAHAMAS — Economic Affairs Minister Michael Halkitis has underscored the commonalities between The Bahamas and Botswana, with this nation... read more »

Business

Woman behind Island Soles Bahamas wins Fox Foundation grant

NASSAU, BAHAMAS — Rotalya Williams, owner of Island Soles Bahamas, won the overall $25,000 grant offered by the Fox Foundation’s... read more »

Business

Central Bank announces further reforms to relax exchange control

NASSAU, BAHAMAS — The Central Bank has announced further reforms to relax Exchange Control Administration, aiming to enhance efficiencies for... read more »

Business

New Providence Ecology Park considering converting methane into sustainable power

NPEP celebrates five years NASSAU, BAHAMAS — The New Providence Ecology Park is considering introducing and developing landfill-gas-to-energy infrastructure to... read more »

Business

PM: ‘Assault’ on offshore financial centers caused 50 percent decline in the financial services sector’s contribution to GDP

NASSAU, BAHAMAS — Prime Minister Philip Davis stated that the ‘assault’ on offshore financial centers, which began in 2000, significantly... read more »

Business

Grand Bahama Port Authority set to open Nassau office

NASSAU, BAHAMAS — The Grand Bahama Port Authority (GBPA) is set to establish a physical presence in Nassau with the... read more »

Business

Central Bank issues alert over consumer loan scam

NASSAU, BAHAMAS — The Central Bank is cautioning the public to avoid falling victim to fake internet ads and social... read more »

Business

Court of Appeal dismisses appeal of P.I. lighthouse entrepreneur in majority decision

NASSAU, BAHAMAS — In a majority ruling, the Court of Appeal dismissed an appeal by Captain Toby Smith, affirming that... read more »

Business

US prosecutors push for 40-50 year prison sentence for disgraced FTX co-founder

NASSAU, BAHAMAS — US prosecutors are urging a federal judge to impose a 40-50-year prison sentence on Sam Bankman-Fried, the... read more »