Digital banking ‘easing pain’ in Family Islands
DIGITAL banking providers are easing the “pains and pressures” faced by unbanked and underbanked Family Islands, according to Jevon Butler, chief sales officer at Kanoo, said yesterday.
Andros needs more airlift, warns former Chamber CEO
Andros needs improved airlift, banking and energy generation to sustain its growing tourism sector, according to Edison Sumner, a former director and CEO of the Bahamas Chamber of Commerce and Employers Confederation (BCCEC).
‘Rent-free centre takes away cost of business’
THE Ministry of Tourism Investments and Aviation opened its first tourism incubation centre last night, with Prime Minister Philip “Brave” Davis saying it will support growing Bahamian businesses by removing one of the greatest barriers – the cost of business.
Non-cash payments encouraged after crime warnings to tourists
THE Ministry of Tourism is using technology to combat warnings by cruise ships not to carry cash, according to Deputy Prime Minister Chester Cooper.
‘Regular tourists not put off by negative publicity’
MANY tourists visiting The Bahamas regularly are not fazed by recent negative publicity after travel advisories, according to Rafique Symonette, chairman of the Tourism Development Cooperation (TDC).
Sold out - Jack’s Bay offering snapped up
A LUXURY development in Eleuthera has sold out its beachfront and ocean view properties.
Kwasi: Make sure $2bn investment felt by GB
KWASI Thompson, MP for East Grand Bahama and Shadow Minister for Grand Bahama, has urged the PLP government to ensure the $2bn investment touted by the government brings tangible benefits to Grand Bahamians.
ArawakX full wind-up sealed without a fight
THE Bahamas’ first-ever crowd funding platform’s fate was yesterday sealed without a fight after its former principals effectively consented to its liquidation amid claims of a near-$4m insolvency.
Resort to Gov’t: ‘Pursue’ horse riding venture like shanty towns
A MAJOR Harbour Island resort yesterday urged the Government to “aggressively pursue” a local horse riding entrepreneur’s “unauthorised construction” with the same vigour as its shanty town crackdown.
NIB back-pedal ‘no way to run country’
THE Government’s back-pedalling over the phased strategy to increase the National Insurance Board’s (NIB) all-in contribution rate to 26.3 percent is “not a way to run a country”, it was asserted yesterday.
Cable ‘takes exception’ with URCA over Freeport blame
CABLE Bahamas “takes exception” with its regulator blaming it for “an increase in bad debt” due to challenging its ability to licence and regulate the company’s Freeport operations.
Harborside staff see 11% industrial deal pay boost
SOME 92 workers at the Harbourside Resort at Atlantis will enjoy an 11 percent pay rise spread over the five-year term of a newly-signed industrial agreement, it was revealed yesterday.
RBC acts to reverse ‘double payments’
ROYAL Bank of Canada (RBC) last night pledged it is “working diligently” to reverse payments where customers were charged double for the same transaction.
Agri expo to connect farmers with markets
AN Agri-business Expo will be held next month to connect farmers and other entrepreneurs, Minister of Agriculture and Marine Resources Jomo Campbell has announced.
Footcare provider targets new investor capital raise
A BAHAMIAN footcare provider plans to tap its investors for further equity this summer as it pushes forward with further expansion following an initial roll-out that “surpassed expectations”.
