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‘Too many barriers’ for our investors
The Bahamas has too many barriers for investors despite thinking “we have the best product in the world”, a well-known developer said.
Royal Fidelity National Amateur Golf Championship all set
THE Bahamas Golf Federation’s (BGF) new president, Lynford Miller, confirms that Royal Fidelity has once again agreed to be the title sponsor of the National Amateur Championship. This prestigious event is all set for May 17-20. The first two rounds
Intelligence provider to address BFSB’s Summit
A leading intelligence provider for the private banking industry is a featured speaker at the upcoming International Business & Finance Summit (IBFS).
Strange sight at Atlantis
A TEAM of 28 Atlantis aquarists, divers and veterinarians completed the transfer of a 1,110-pound manta ray from the resort’s 2.7 million-gallon marine habitat back into the Atlantic Ocean as part of their renowned release and research programme.
Sands lands win at golf tournament
THE Sands team recently held its 4th annual golf tournament at the Fortune Hills Golf Course in Grand Bahama.
BOB eliminates ‘external influences’ of past rescue
Bank of The Bahamas has “eliminated a lot of the external influences” that helped produce two taxpayer-funded rescues, its top executive has revealed, with the institution “on track” to hit this year’s $8m-$9m profits target.
S&P: Bahamas’ savings slump to 10% of GDP
The Bahamas’ already-low national savings rate fell by a further 5 percentage points during the recession’s peak to just 10 per cent of GDP, a Wall Street credit rating agency has revealed, warning this “may force difficult” fiscal and social security-related decisions upon the Government.
DRILLING BEGINS . . . but Bethel says govt will negotiate a bigger share if oil is found
ATTORNEY General Carl Bethel assured Bahamians that the government intends to renegotiate the scale of royalty fees if commercial quantities of oil are found in the country.
Solomon's return awaiting Lucayan, airport resolution
AML Foods yesterday pledged to re-open its still-closed Solomon’s Freeport store once the fate of the Grand Lucayan and the island’s international airport are positively resolved.Gavin Watchorn, the BISX-listed food retail group’s chief executive, to
Show me that I am wrong
OPEN response to Branville McCartney’s “It cannot be business as usual” for country’s finance woes. As reported in Tribune 242, December 20, 2016.
Bahamas First 'fully expecting better' 2014
Bahamas First yesterday said it was “fully expecting this year will be better” than 2013, when total comprehensive income rose 13.2 per cent despite an almost-$2 million hit from May’s floods.
FINCO cuts staff by 1/3 in 2014
Finance Corporation of the Bahamas (FINCO) cut staffing levels by one-third in its 2014 financial year, taking the reduction in its workforce to 50 per cent over the past five years.
Bahamians ‘can’t have it both ways’ on economic model
Bahamians cannot have it both ways over this nation’s economic model, a top private sector executive yesterday arguing that free market capitalism could not simultaneously co-exist with “socialist safety nets”.
Happy investors, angry consumers
ActivTrades
While the population is carrying the burden of high electricity and gas prices, energy companies are reporting record profits and making their investors happy.
Getting online catches business in your net
Some years ago, companies were facing the all-important question of whether or not to take their business online or not.
Pledge to create safety net for lost jobs and homes
FREEPORT - PLP leader Perry Christie said his party will create a safety net to prevent Bahamians losing their homes or jobs.
Chelsea wins first leg 1-0
By STEVE DOUGLAS AP Sports Writer LONDON (AP) -- Didier Drogba swept the ball into the net late in the first half, and Chelsea managed to hang on. With an inspired performance, the Blues beat Barcelona 1-0 Wednesday night in the first leg of their Champio
FamGuard payouts drop $3.7m on COVID fall-out
Family Guardian's chairman has attributed a $3.7m decline in policyholder payouts for the nine months to end-September 2020 to a fall-off in medical claims caused by COVID-19.
College clerk ‘paid herself extra $640k’
AN internal investigation at the College of the Bahamas (COB) in 2015 revealed how within seven years, former employee Chimeka Gibbs took home approximately five times more than her net salary, Supreme Court jurors heard yesterday.
New Brewery posts to ‘hold job lossed at 43’
A CABINET minister yesterday voiced optimism that Commonwealth Brewery’s creation of 30 new posts would minimise recently-unveiled job losses to a “net” 43.
