BusinessApril 19, 2024April 18, 2024 at 4:10 am Natario McKenzie

Business

Trade Commission eyeing direct import route to slash costs by 20 percent

NASSAU, BAHAMAS — The Chairman of the Bahamas Trade Commission said that efforts are underway to eliminate the middle process and ensure that goods can come directly from major export countries to Grand Bahama and then directly to the islands of The Bahamas, which he said could reduce the cost of goods by 20 percent. […]

NASSAU, BAHAMAS — The Chairman of the Bahamas Trade Commission said that efforts are underway to eliminate the middle process... read more »

April 19, 2024April 18, 2024 at 4:10 am | Natario McKenzie

BusinessApril 19, 2024April 18, 2024 at 4:07 am Natario McKenzie

Business

Disney Cruise Line to go well beyond 150 jobs pledge at Lighthouse Point destination, set to open with all-Bahamian leadership team

NASSAU, BAHAMAS — Disney Cruise Line is set to exceed its initial commitment of 150 permanent jobs at its Lighthouse Point, Eleuthera destination, scheduled to open in June with an all-Bahamian leadership team. Joey Gaskins, Regional Director of Public Affairs for the Bahamas and the Caribbean, addressing the Eleuthera Business Outlook, highlighted that Disney Cruise […]

NASSAU, BAHAMAS — Disney Cruise Line is set to exceed its initial commitment of 150 permanent jobs at its Lighthouse... read more »

April 19, 2024April 18, 2024 at 4:07 am | Natario McKenzie

BusinessApril 19, 2024April 19, 2024 at 4:07 am Natario McKenzie 1

Business

Eleuthera on the “precipice of a renaissance,” but housing shortage a concern

NASSAU, BAHAMAS—Eleuthera is on the “precipice of a renaissance,” a Cabinet minister stated yesterday, noting that the island has seen a drastic uptick in property sales and the development of a second-home market. Works and Family Island Affairs Minister Clay Sweeting, the Central and South Eleuthera MP, while addressing the Eleuthera Business Outlook, stated: “In […]

NASSAU, BAHAMAS—Eleuthera is on the “precipice of a renaissance,” a Cabinet minister stated yesterday, noting that the island has seen... read more »

April 19, 2024April 19, 2024 at 4:07 am | Natario McKenzie | 1

BusinessApril 19, 2024April 19, 2024 at 4:05 am Natario McKenzie

Business

Expedited Governor’s Harbour airport upgrades averted airline pull-out says Works Minister

NASSAU, BAHAMAS — A Cabinet Minister revealed yesterday that a US carrier was on the verge of pulling out of Governor’s Harbour if expedited upgrades to the airport had not been initiated.  He also disclosed the existence of a Cabinet Paper addressing airports in need of upgrades across the country. Clay Sweeting, the Works Minister […]

NASSAU, BAHAMAS — A Cabinet Minister revealed yesterday that a US carrier was on the verge of pulling out of... read more »

April 19, 2024April 19, 2024 at 4:05 am | Natario McKenzie

BusinessApril 19, 2024April 19, 2024 at 4:02 am Natario McKenzie

Business

HGC President: Real estate future for Eleuthera “Never looked better”

NASSAU, BAHAMAS —  Touting a “robust” outlook for the real estate industry of Eleuthera and Harbour Island, HG Christie President and Managing Broker John Christie told attendees of the Eleuthera and Harbour Island Business Outlook that the future of real estate on the island “has never been better.” Christie was one of several presenters and panelists […]

NASSAU, BAHAMAS —  Touting a “robust” outlook for the real estate industry of Eleuthera and Harbour Island, HG Christie President and... read more »

April 19, 2024April 19, 2024 at 4:02 am | Natario McKenzie

BusinessApril 19, 2024April 19, 2024 at 4:01 am Natario McKenzie

Business

Sandals Royal Bahamian adds more than 80 persons to its staff following recent job fair

NASSAU, BAHAMAS — More than 80 Bahamians were recently added to the staff cohort at the Luxury Included® Sandals Royal Bahamian following a recent job fair at the resort. The extremely successful event saw 90 percent of the candidates in attendance receiving employment. Among those employed were, concierge agents, front office agents, loyalty and travel […]

NASSAU, BAHAMAS — More than 80 Bahamians were recently added to the staff cohort at the Luxury Included® Sandals Royal... read more »

April 19, 2024April 19, 2024 at 4:01 am | Natario McKenzie

BusinessApril 18, 2024April 17, 2024 at 4:25 am Jayson Braynen

Business

BTC Sponsors National Family Island regatta, Will Provide Free Wi-Fi

NASSAU, BAHAMAS — Thousands attending the upcoming National Family Island Regatta in Geroge Town, Exuma, will be able to take advantage of free Wi-Fi, compliments of BTC, throughout the five-day event.  Director of Commercial Operations Keisha Edwards said having a presence at the Exuma regatta strengthens the strong bond and connection that BTC has forged […]

NASSAU, BAHAMAS — Thousands attending the upcoming National Family Island Regatta in Geroge Town, Exuma, will be able to take... read more »

April 18, 2024April 17, 2024 at 4:25 am | Jayson Braynen

BusinessApril 18, 2024April 17, 2024 at 4:08 am Natario McKenzie

Business

Government moves to update stem cell research legislation

NASSAU, BAHAMAS — The government is taking steps to replace the decade-old Stem Cell Research and Therapy Act with updated legislation, citing the need to synchronize the nation’s regulatory framework with advancements in scientific understanding and technological capabilities. Dr. Michael Darville, Minister of Health and Wellness, introduced the Longevity and Regenerative Therapies Bill 2024, emphasizing […]

NASSAU, BAHAMAS — The government is taking steps to replace the decade-old Stem Cell Research and Therapy Act with updated... read more »

April 18, 2024April 17, 2024 at 4:08 am | Natario McKenzie

BusinessApril 18, 2024April 17, 2024 at 4:04 am Natario McKenzie

Business

Opposition Leader warns of familiar path in Davis administration’s approach to GBPA dispute

NASSAU, BAHAMAS — Opposition leader Michael Pintard cautioned yesterday that the Davis administration seems to be treading down a familiar path reminiscent of the drawn-out St. George and Hayward family dispute over the Grand Bahama Port Authority (GBPA) ownership, which, he claimed, damaged the Freeport economy.  Pintard also accused the Davis administration of pursuing political […]

NASSAU, BAHAMAS — Opposition leader Michael Pintard cautioned yesterday that the Davis administration seems to be treading down a familiar... read more »

April 18, 2024April 17, 2024 at 4:04 am | Natario McKenzie

BusinessApril 18, 2024April 17, 2024 at 4:02 am Natario McKenzie

Business

Nationwide survey finds overwhelming support for permanent oil drilling ban

NASSAU, BAHAMAS — The results of a new nationwide survey commissioned by a conservation group indicate that there is overwhelming support in The Bahamas for a permanent ban on oil drilling, with 86 percent of participants backing legislation to permanently halt all fossil fuel exploration in order to protect the country’s marine environment and coastal […]

NASSAU, BAHAMAS — The results of a new nationwide survey commissioned by a conservation group indicate that there is overwhelming... read more »

April 18, 2024April 17, 2024 at 4:02 am | Natario McKenzie

BusinessApril 17, 2024April 16, 2024 at 4:20 am Jayson Braynen

Business

Three Day VIP Experience for Heineken Coachella Winners

NASSAU, BAHAMAS — Commonwealth Brewery Limited (CBL) has chosen two lucky winners to receive coveted VIP tickets to the 2024 Coachella Music Festival. In February, the Heineken team launched an island-wide enter-to-win competition. To enter to win the grand prize, consumers simply had to purchase a 6-pack of any Heineken product from participating stores, and […]

NASSAU, BAHAMAS — Commonwealth Brewery Limited (CBL) has chosen two lucky winners to receive coveted VIP tickets to the 2024... read more »

April 17, 2024April 16, 2024 at 4:20 am | Jayson Braynen

BusinessApril 17, 2024April 16, 2024 at 4:20 am Natario McKenzie

Business

Petroleum retailers “nearing the finish line” in talks with government says association’s vice-president

NASSAU, BAHAMAS — Petroleum dealers and the government have moved “beyond the stalemate and are nearing the finish line” in their discussions, according to Vasco Bastian, Vice-President of the Bahamas Petroleum Dealers Association. He noted that they are confident in the current status of those talks. Bastian told Eyewitness News that while nothing has materialized as […]

NASSAU, BAHAMAS — Petroleum dealers and the government have moved “beyond the stalemate and are nearing the finish line” in... read more »

April 17, 2024April 16, 2024 at 4:20 am | Natario McKenzie

BusinessApril 17, 2024April 16, 2024 at 4:18 am Natario McKenzie

Business

Judge refuses application by former MP and judge, citing failure to first purge contempt

NASSAU, BAHAMAS — A Supreme Court judge has refused an application by a former judge and Member of Parliament accused of failing to return over $3 million to a former client, noting that she was not prepared to hear it until he had purged his contempt of court. Senior Justice Deborah Fraser ruled against hearing […]

NASSAU, BAHAMAS — A Supreme Court judge has refused an application by a former judge and Member of Parliament accused... read more »

April 17, 2024April 16, 2024 at 4:18 am | Natario McKenzie

BusinessApril 17, 2024April 16, 2024 at 4:15 am Natario McKenzie

Business

Former SkyBahamas chief slams “fake case” following fraud claim dismissal

NASSAU, BAHAMAS — Former SkyBahamas chief executive Captain Randy Butler has slammed what he described as a “fake case” brought against him by the defunct airline’s former financier after a Supreme Court judge ruled that the Canadian businessman had failed to prove fraud allegations against him and former Deputy Prime Minister K. Peter Turnques Butler, […]

NASSAU, BAHAMAS — Former SkyBahamas chief executive Captain Randy Butler has slammed what he described as a “fake case” brought... read more »

April 17, 2024April 16, 2024 at 4:15 am | Natario McKenzie

BusinessApril 17, 2024April 16, 2024 at 4:10 am Natario McKenzie

Business

Old Fort Bay developer secures win in legal battle with homeowners’ association, celebrates hard-fought victory

NASSAU, BAHAMAS – The developer of Old Fort Bay is celebrating what it describes as a significant and hard-fought legal victory after the Court of Appeal sided with it in a contentious and prolonged legal battle against the Old Fort Bay Property Owners Association. The developer, The Old Fort Bay Company Limited, represented by attorney […]

NASSAU, BAHAMAS – The developer of Old Fort Bay is celebrating what it describes as a significant and hard-fought legal... read more »

April 17, 2024April 16, 2024 at 4:10 am | Natario McKenzie

BusinessApril 16, 2024April 15, 2024 at 4:02 am Natario McKenzie

Business

Judge dismisses fraud allegations against former DPM and ex-Sky Bahamas CEO

NASSAU, BAHAMAS — A Supreme Court judge has ruled that Canadian businessman Fred Kaiser failed to prove fraud allegations against former Sky Bahamas CEO and former Deputy Prime Minister K. Peter Turnquest while determining that the latter breached his statutory fiduciary duty and duty of care and diligence. Kaiser had accused Messrs Tunrquest and Butler […]

NASSAU, BAHAMAS — A Supreme Court judge has ruled that Canadian businessman Fred Kaiser failed to prove fraud allegations against... read more »

April 16, 2024April 15, 2024 at 4:02 am | Natario McKenzie

BusinessApril 15, 2024April 15, 2024 at 4:07 am Natario McKenzie

Business

URCA fines BTC $209k over number portability rules violations, company to appeal

NASSAU, BAHAMAS — The Bahamas Telecommunications Company (BTC) last night said that it plans to appeal a $209,000 fine imposed by the Utilities Regulation and Competition Authority (URCA), calling it “unwarranted and excessive.” The Bahamas Telecommunications Company (BTC) was hit with a fine for violations against the regulator’s number portability rules back in 2022, a […]

NASSAU, BAHAMAS — The Bahamas Telecommunications Company (BTC) last night said that it plans to appeal a $209,000 fine imposed... read more »

April 15, 2024April 15, 2024 at 4:07 am | Natario McKenzie

BusinessApril 15, 2024April 15, 2024 at 4:03 am Natario McKenzie

Business

Tourism Minister says cruise segment surge not just pent-up demand

NASSAU, BAHAMAS — The Bahamas’ cruise segment continues to see strong demand, evidenced by its 43 percent growth rate, according to Deputy Prime Minister Chester Cooper, noting that with the industry’s performance still strong three years post-pandemic it can no longer be attributed to merely pent-up demand. Speaking on the sidelines of the recent Sea […]

NASSAU, BAHAMAS — The Bahamas’ cruise segment continues to see strong demand, evidenced by its 43 percent growth rate, according... read more »

April 15, 2024April 15, 2024 at 4:03 am | Natario McKenzie

BusinessApril 12, 2024 at 2:42 pm Linton Ritchie Jr

Business

Agri-Business Expo Relaunches After 5-Year Hiatus, Workshops Available For Locals

  NASSAU, BAHAMAS – The Agri-Business Expo has been relaunched after a five-year hiatus, allowing local agricultural vendors and farmers to display their locally grown fruit and vegetable products. Minister of Agriculture and Marine Resources Jomo Campbell underscored the importance of the initiative during his keynote address at the opening ceremony for the event held […]

  NASSAU, BAHAMAS – The Agri-Business Expo has been relaunched after a five-year hiatus, allowing local agricultural vendors and farmers... read more »

April 12, 2024 at 2:42 pm | Linton Ritchie Jr

BusinessApril 12, 2024April 11, 2024 at 4:08 am Natario McKenzie

Business

BOIPB executive director urges greater stakeholder collaboration to address ongoing challenges

NASSAU, BAHAMAS _ The Executive Director of the Bahamas Out Island Promotion Board is advocating for greater collaboration among tourism stakeholders in the family islands while stressing the importance of proactive engagement over the continued reliance on government intervention, noting, “Let’s not just sit around and complain.” Kerry Fountain, in an interview with Eyewitness News, […]

NASSAU, BAHAMAS _ The Executive Director of the Bahamas Out Island Promotion Board is advocating for greater collaboration among tourism... read more »

April 12, 2024April 11, 2024 at 4:08 am | Natario McKenzie