Business

Consultant warns SMEs ‘finished’ without $100 mil. injection

NASSAU, BAHAMAS — At least 40 percent of small and medium sized businesses in the country are ‘finished’, a well-known... read more »

Business

Fishers raise fears over lobster export market

NASSAU, BAHAMAS — With Europe, the country’s major export market for lobster also severely impacted by COVID-19, there is growing... read more »

Business

Budget ‘too silent’ on debt management – says banker

NASSAU, BAHAMAS — The government’s 2020/2021 budget may be “too short focused”, a well known banker has opined, adding that... read more »

Business

Govt. tables resolution to authorize $1.34 bil. loan facilities

NASSAU, BAHAMAS — Deputy Prime Minister and Minister of Finance K Peter Turnquest yesterday tabled notice of a resolution that... read more »

Business

Govt. to streamline NHI to reduce healthcare delivery costs

NASSAU, BAHAMAS — The government is increasing the allocation to National Health Insurance (or NHI) by $18 million, according to... read more »

Business

FY20/21 Budget: More than 70 percent of govt. agencies face cuts

NASSAU, BAHAMAS — Some 42 out of 58 agencies will see a reduction in their budgetary allocations this year, Deputy... read more »

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Business

Digital Push: Govt. eyes 50 percent reduction in cash over next five years

NASSAU, BAHAMAS — The Ministry of Finance has outlined targets to reduce cash and cheque utilization across the country, it... read more »

Business

Fiscal deficit projected to climb to $1.3 billion

NASSAU, BAHAMAS — Deputy Prime Minister and Minister of Finance K Peter Turnquest gave a sobering outlook on the Bahamian... read more »

Business

Govt. unveils ‘resilient’ budget today

NASSAU, BAHAMAS — The government will provide an ‘honest take’ on the country’s fiscal position when its presents the budget... read more »

Business

BTC chief exec: Work from home productivity “through the roof”

NASSAU, BAHAMAS — BTC is looking to expand on its virtual store offering and make working from home a more... read more »

Business

D’Aguilar: Overflight fees by January 2021

NASSAU, BAHAMAS —The Bahamas could begin imposing overflight fees by January 2021, according to Tourism and Aviation Minister Dionisio D’Aguilar.... read more »

Business

Quick reopen or more Luciano’s to come, suggests minister

NASSAU, BAHAMAS — A Cabinet minister today warned the country could face “even bigger problems” if the economy does not... read more »

Business

D’Aguilar warns country must ‘temper expectations’ for tourism sector rebound

NASSAU, BAHAMAS — With the threat of COVID-19 still looming and likely to have a major impact on whether tourists... read more »

Business

Three-day virtual leadership conference to navigate COVID-19 crisis

NASSAU, BAHAMAS — In an effort to assist leaders with the necessary tools to effectively navigate crisis like COVID-19, a... read more »

Business

Cooper: Govt. budget will be ‘brutal’

NASSAU, BAHAMAS — The upcoming budget will be ‘”brutal on the ordinary citizens”, according to PLP Deputy leader and Shadow... read more »

Business

COVID-19 unemployment program extended to July 1

NASSAU, BAHAMAS — The government has extended its COVID-19 unemployment assistance program to July 1. National Insurance Board Director Dr... read more »

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Breaking News

DPM: Devaluation threat is fake news

NASSAU, BAHAMAS — The Bahamian dollar is not facing the threat of devaluation, according to Deputy Prime Minister K Peter... read more »

Business

IDB praises MIYA Bahamas’ water efficiency strategies 

NASSAU, BAHAMAS — On the heels of receiving public recognition from the government of The Bahamas for addressing critical water... read more »

Business

Govt. promise on public service cuts ‘unwise’

NASSAU, BAHAMAS — It is “unwise” for the government to say that there will be not cuts to the civil... read more »

Business

Perception of safety critical to tourism sector rebound

NASSAU, BAHAMAS — The ‘perception of safety’ in the wake of the COVID-19 pandemic is going to be critically important... read more »