Former Furniture Plus chief’s $101k payout ‘duress’ rejected
A former Furniture Plus vice-president’s claim that she was coerced into signing a $101,250 termination settlement under “duress” has been rejected by the Industrial Tribunal.
Nassau port on ‘high alert’ over US strike
Nassau’s main commercial shipping port yesterday said it is on “high alert” for potential supply chain disruption resulting from tomorrow’s US dock workers strike as it urged all businesses: “Be prepared.”
‘Nervous’ insurers awaiting Helene’s Bahamas impact
Bahamian insurers were yesterday nervously watching Hurricane Helene’s progress amid fears it could negatively impact supply and property coverage premium prices for this nation’s consumers.
‘Exact coincidence’ Baha Mar’s $54m matched Colonial’s price
Baha Mar’s original developer is blasting its contractor’s assertion that it was an “exact coincidence” the $54m sought to “accelerate” the resort’s completion matched what it needed to buy the British Colonial.
APD not giving up over Marsh Harbour port bid
The Nassau Container Port’s operator yesterday said it has not given up on winning the bid to overhaul Marsh Harbour’s commercial shipping port despite assertions that all contenders had backed out.
Vets regulatory regime to curb unlicensed operators
Bahamian vets yesterday voiced optimism that the industry’s new proposed regulatory regime will curb unlicensed operators from performing illegal procedures unchecked on animals.
Ocean Club expansion a resounding $1bn boost
The Ocean Club owner’s $550m “total investment” in its high-end Cabbage Beach project is forecast to deliver a “resounding” $721m boost for the Bahamian economy during its first 20 years in operation.
Empowering MSMEs through digitalisation: Driving financial inclusion and sustainable growth
In today’s digital age, businesses of all sizes are increasingly aware of the need to move from manual systems to digital solutions for financial management. Not only does embracing digital technology help companies stay ahead of the curve, but it also meets the shifting consumer demands for seamless, secure, and faster digital experiences.
‘Magic mushrooms’ defendant suffers FTX victim lawsuit fizzle
A “magic mushrooms” co-defendant cited multiple attempts to poison him as just one of numerous bizarre explanations for why he failed to deliver a Bahamian lawsuit on behalf of FTX victims.
BOB beats late Galleria chief’s $1.5m strike-out
Bank of The Bahamas’ bid to collect on a $1.5m loan debt owed by the late Chris Mortimer and his now-defunct Galleria Cinemas has survived efforts to strike it out in the Supreme Court.
Bahamians losing trust over transparency flaws
The Opposition’s finance spokesman yesterday argued The Bahamas has already reached the point where citizens are losing trust in institutions as he urged “fundamental change” in governance.
‘Boom town’ needed to absorb GB Power rise
Grand Bahama Power Company was yesterday urged to provide “greater disclosure” so consumers can have a better understanding of the justification for its proposed three-year rate structure.
Long Island ‘suffering’ daily warns island MP Gibson
Long Island MP Adrian Gibson said Long Island is “suffering” with utility and infrastructure issues - listing a number of problems facing islanders daily.
Countries most affected by climate struggle to qualify for funds, says AG
THE small island states most susceptible to natural disasters as a result of climate change are often not able to apply for climate financing due to the “hoops” they must jump through, said Attorney General Ryan Pinder yesterday.
Mobile apps critical to thrive in digital world
In today’s fast-paced digital world, mobile apps have become an integral part of business strategies, shaping how companies operate, interact with customers and drive growth. With the proliferation of smart phones, mobile app development is no longer just a trend but a necessity for businesses seeking to remain competitive and expand their market reach.
