Business

Customs crackdown on private aircraft operations in Abaco

NASSAU, BAHAMAS – The Bahamas Customs Department yesterday announced it is exercising more scrutiny over private aircraft operations into Abaco... read more »

Business

“Invest now or pay later”: Private sector warned over education and labour force deficiencies

NASSAU, BAHAMAS – The private sector has a critical role to play in helping to address the country’s education and... read more »

Business

Maxwell’s at 40 percent pre-Dorian business levels

Owner laments lack of available labour on the island NASSAU, BAHAMAS- A prominent Abaco retailers yesterday estimated that his grocery... read more »

Business

Dorian inspection: “Basic” building components did not meet code

NASSAU, BAHAMAS – Post Hurricane Dorian building inspections revealed that ‘basic’ building components did not meet the country’s building code,... read more »

Business

DPM: Bahamas has already satisfied over 30 of 40 FATF recommendations

NASSAU, BAHAMAS – The Bahamas has already satisfied over 30 of the 40 Financial Action Task Force (FATF) recommendations and... read more »

Business

Emera suffers 2019 earnings drop by $62 million due to Dorian

NASSAU, BAHAMAS- Emera, the Grand Bahama Power Company’s (GBPC) Canadian owner has revealed that its 2019 earnings decreased by approximately... read more »

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Business

Wells: General Post Office undertakes “aggressive approach’ to automation of services initiative

NASSAU, BAHAMAS- The General Post Office has commenced an “aggressive approach” to automation of service operations initiative that will facilitate... read more »

Business

JS Johnson ‘fortunate’ $105k Dorian hit to underwriting division

NASSAU, BAHAMAS – JS Johnson said it was ‘fortunate’ to have only suffered a net loss of just under $106,000... read more »

Business

Central Bank signs MoU with Financial Superintendency of Columbia

NASSAU, BAHAMAS – The Central Bank of the Bahamas and the Financial Superintendency of Columbia have signed a Memorandum of... read more »

Business

Financial Services Industry welcomes EU ‘grey list’ removal

NASSAU, BAHAMAS – Financial Services industry stakeholders yesterday welcomed the news of The Bahamas’s removal from the European Union’s ‘grey... read more »

Business

Judge orders 24 axed Gaming Board employees reinstated

NASSAU, BAHAMAS – A Supreme Court judge has ordered the reinstatement of 24 Gaming Board Employees who were made redundant... read more »

Business

Bank of Bahamas records $2.2 mil. half year profit

NASSAU, BAHAMAS – Bank of The Bahamas (BOB) continues to report positive growth, with its half year profits just over... read more »

Business

“Proactive and not reactive” resilience culture needed

NASSAU, BAHAMAS – The Bahamas must develop a culture of resilience that is ‘proactive and not reactive’ in the face... read more »

Business

Disney provides $1 mil. funding support to Eleuthera startups

NASSAU, BAHAMAS – Disney Cruise Line has entered into an agreement with the Access Accelerator Small Business Development Centre and... read more »

Business

Governance reformer slams public education system

Myers says many school leavers ill equipped, ‘massive problem’ for Gov’t and private sector NASSAU, BAHAMAS – The government must... read more »

Business

Port operator records $2 mil. increase in total revenue

NASSAU, BAHAMAS – Arawak Port Development (APD) Limited saw a nearly $2 million increase in total revenue for the six... read more »

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Business

Bahamas Petroleum raises over $900k for oil exploration

NASSAU, BAHAMAS – Bahamas Petroleum raised approximately $914,000 US dollars at the close of initial subscriptions to its Bahamian mutual... read more »

Business

BCCEC launches committee to support private sector digital transformation

NASSAU, BAHAMAS – The Bahamas Chamber of Commerce and Employers’ Confederation (BCCEC) recently launched the organization’s first ever Digital Transformation... read more »

Business

Florida firm launches online search tool for Abaco businesses

NASSAU, BAHAMAS – A Florida public relations firm has launched a website to assist in individuals seeking to find out... read more »

Business

South Abaco developer to establish $7 mil. fund for Bahamian entrepreneurs

SANDY POINT, ABACO – Tyrsoz Family Holdings, the developer behind the $300 million South Abaco resort and marina project has agreed... read more »