Business

EBBS AND FLOWS: D’Aguilar says expect fluctuation in hotel sector until tourism rebound

NASSAU, BAHAMAS — Tourism Minister Dionisio D’Aguilar yesterday acknowledged there will be “ebbs and flows” in the hotel sector as... read more »

Business

“MORAL HAZARD”: Economist warns against govt’s real property tax forgiveness programme

Bowe: Don’t reward delinquency Financial secretary insists govt has been trying to collect arrears NASSAU, BAHAMAS — A leading accountant... read more »

Business

Central Bank confirms three additional authorized financial institutions for Bahamian digital currency

NASSAU, BAHAMAS — The Central Bank has confirmed that three additional financial institutions have been authorized to distribute the Sand... read more »

Business

GOLDEN LINING: Tourism minister notes high-end tourist market thriving despite pandemic

NASSAU, BAHAMAS — Tourism Minister Dionisio D’Aguilar said today that despite the impact of the pandemic on global tourism and... read more »

Business

ON THE DECLINE: Tourism numbers still trending down, Central Bank reports

NASSAU, BAHAMAS — The Bahamas saw total foreign arrivals last year drop by just over 75 percent, according to the... read more »

Business

WATER UNDER THE BRIDGE: Govt plans to forgive up to 50 percent of real property tax arrears

Prime minister urges Bahamians to take advantage of tax forgiveness programme  NASSAU, BAHAMAS — The government is providing Bahamian property... read more »

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Business

Central Bank: Private sector arrears up $12M in January

Only “marginal” economic growth projected for 2021 NASSAU, BAHAMAS — Total private sector arrears rose by just over $12 million... read more »

Business

Doctor’s Hospital sees revenue rebound driven by focus on COVID support

Hospital provides over 150,000 COVID-19 tests over the past 12 months, more than 90,000 of which were rapid antigen tests... read more »

Business

Cooper: Country’s debt problem needs to be addressed

NASSAU, BAHAMAS — The Bahamas must seriously address the country’s debt problem and be restored to a path of sustainable... read more »

Business

HOUSING ON THE HORIZON: Minnis promises more low-cost serviced lots to come

NASSAU, BAHAMAS — Prime Minister Dr Hubert Minnis today announced that through a public-private partnership (PPP) arrangement, the government will... read more »

Business

STILL ON THE TABLE: Chairman insists BPL “working hard to close” on Shell agreement

“We are negotiating the best possible deal for the Bahamian people” Still no timeline for rate reduction bond NASSAU, BAHAMAS... read more »

Business

PRIORITIES: ORG head warns govt not to raise taxes before public sector reform

“Increased taxes without first implementing significant public sector reform will only further hamper the country” NASSAU, BAHAMAS — Any comprehensive... read more »

Business

Association of Bahamas Marinas touts success of charter yacht show in Florida

NASSAU, BAHAMAS — A special Bahamas Charter Yacht Show was held on February 25 at the Rybovich Superyacht Marina in... read more »

Business

Doctors Hospital board votes to issue 2 million existing common shares to Fairfax financial

NASSAU, BAHAMAS — Pending the approval of the Securities Commission of the Bahamas, the board of directors of Doctors Hospital... read more »

Business

BTC gets new chief; André Foster to become one of the youngest CEOs in company’s history

NASSAU, BAHAMAS — The Bahamas Telecommunications Company Ltd (BTC) yesterday announced the appointment of André Foster as the company’s chief... read more »

Business

Business license requests back on track by Monday, says Inland Revenue controller

NASSAU, BAHAMAS — The Department of Inland Revenue’s acting controller yesterday acknowledged there were delays in the processing of business... read more »

Business

BUILD FORWARD: IDB governors back $3.5B program to help Caribbean countries recover

NASSAU, BAHAMAS — The Caribbean Governors of the Inter-American Development Bank (IDB) have backed a $3.5 billion multi-year program to... read more »

Business

THE FUTURE IS GREEN: Eeden Farms links technology and agriculture

NASSAU, BAHAMAS — A Bahamian tech-enabled hydroponic containerized farming company is aiming to change the perception of what sustainable farming... read more »

Business

GAINING STEAM: Carnival seeing strong cruise demand despite minimal marketing

NASSAU, BAHAMAS — Carnival cruise line executives said yesterday they are encouraged by the strong demand for cruises, while noting... read more »

Business

Nearly 80 percent of inherited arrears eliminated, says finance minister

NASSAU, BAHAMAS — The Minnis administration has eliminated nearly 80 percent of the $360 million in arrears it inherited when... read more »