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Sandals Sponsors next golf classic
LYNFORD Miller, president of the Bahamas Golf Federation, is pleased to announce that Sandals Resorts has agreed to become the title sponsor for the BGF’s next tournament. Formerly the Great Exuma Classic, the event has been rebranded as the Sandals
Gov’t tackling NHI ‘cobwebs’
Prime Minister Perry Christie yesterday pledged that National Health Insurance (NHI) will be a “positive boost” to the Bahamian economy, saying this was supported by a recently-completed study from the Government’s KPMG consultants.
‘Keen competition’ at annual Paradise Island Open Sr Golf tourney
ON behalf of the Bahamas Golf Federation, Atlantis and the Ocean Club Golf Course recently hosted the annual Paradise Island Open Senior Golf tournament.
Scotia named Bahamas private banking leader
Scotia Wealth Management says it has been named by Global Finance Magazine as the best private bank in the Bahamas.
Bahamian law firm in running for key award
A prominent Bahamian law firm has been shortlisted in The Lawyer Awards 2020's Offshore Firm of the Year category.
Andros store comes to aid of island residents
NORTH Andros Automotive Parts Store (NAAPS) has donated over 100 care packages to the island’s less mobile residents, pensioners and families who were badly affected by Hurricane Matthew.
Bahamas takes STEP to boost its presence
More than 25 Bahamians were present at the Society of Trust and Estate Practitioners (STEP) annual Latin America (LATAM) conference last week, which was sponsored by the Ministry of Financial Services and Bahamas Financial Serviced Board (BFSB).The
Airbnb hails 'Bahamas Sabbatical' partnership
Airbnb says its partnership with The Bahamas will both promote sustainable tourism and drive increased visitor numbers to this nation. The vacation rental website linked with the Ministry of Tourism to unveil the “Bahamas Sabbatical”, which will off
Bahamas sees off Belize
The Bahamas moved to 2-0 in the International Cricket Council’s Tournament of the Americas Division II competition.
$45,000 presented to Governor General’s Youth Awards
NINETY-two players took part in the 14th Annual Duke of Edinburgh Semi-Finals Charity Golf Tournament at Ocean Club Golf Course on Sunday morning in support of the Governor General’s Youth Awards programme.
‘A stake through the heart’ of commerce
The Government was yesterday warned that it will “drive a stake through the heart” of the business community if it forges ahead with plans to eliminate the Employment Act’s ‘cap’ on redundancy pay.
No ‘Resolve’ for more bad BoB loans - yet
Bahamas Resolve’s chairman yesterday said he has still not been asked to remove more bad loans from Bank of the Bahamas, and has yet to recover any of the distressed assets currently on his books.
‘Shakeout’ fears for auto dealers
The Bahamian new auto industry will eventually suffer “a shakeout” unless the business environment improves, one dealer yesterday warning: “You can’t keep fighting City Hall forever.”
Insurer exceeds targets despite 6% top-line fall
Bahamas First yesterday said it beat its 2014 underwriting income targets by between 5-10 per cent, despite encountering margin pressures that cut top-line premium income by more than $9 million.
Fidelity's 46% profit growth aided by $1m affiliate boost
Fidelity Bank (Bahamas) yesterday unveiled a 45.8 per cent net income increase for the year to end-September 2014, aided by a $1 million contribution from the 50 per cent equity stake it holds in its merchant bank affiliate.
Banks face 'Hand to hand mortgage combat'
Bahamian financial institutions are engaged in “hand to hand combat” to find scarce quality mortgage clients, a leading banker yesterday arguing that 8 per cent interest yields were not enough top compensate for high delinquency rates.
‘Too much emphasis’ on Baha Mar failure
A Canadian-owned bank has given the Christie government a major credibility boost by backing its position that the rating agencies are “putting too much emphasis” on Baha Mar when assessing the Bahamas’ creditworthiness.
ArawakX: Our ‘$70m pipeline’ is neglected
ArawakX’s chairman is asserting that regulators are placing too much emphasis on “accounting law” and ignoring “pipeline” business that could be worth up to $7m in fee income for the platform.
‘Very distressing’: Govt’s 4,500 civil service growth
The Christie administration’s expansion of the civil service by a net 4,500 persons since taking office was yesterday branded “very distressing” by a leading governance campaigner, who said it had failed to produce improved public services.
SPORTING MISCHIEF & MAYHEM: Romo and Cowboys’ 1st round pick for JJ Watt makes whole lot of sense
THE long NFL offseason is upon us and, between now and the NFL Draft in April, there will be millions of trade rumours swirling.
