Archive | Business

PM: Gov’t To Restructure Financial Services Model

Prime Minister Perry Christie said although The Bahamas has enjoyed more than eight decades of a thriving financial services sector, it is no time for the country to become complacent and announced that his government is in the process of restructuring the current model. While speaking at the opening ceremony of the Society of Trust […]

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BOB Launches Mobile Credit Card Machines, Boost to Taxis, Straw Vendors, Small Businesses

Despite tough scrutiny from the Opposition over its ability to implement the much touted National Health Insurance (NHI) plan, Labour and National Insurance Minister Shane Gibson yesterday assured that the government is moving ahead with establishing the universal health scheme. However, Mr. Gibson who has repeatedly been quizzed by the press about how much the […]

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Local Marine Biologist Pushes New Sources Of Revenue

A local marine biologist is keen on developing new sources of revenue for The Bahamas. In fact, Dr. Vallierre Deleveaux, director of the Bahamas Agricultural and Marine Science Institute (BAMSI) is working on developing aquaponics, a food production system that essentially uses a relatively small area to generate large volumes of produce and fish, which […]

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Environment Minister Ignores Union’s Request on Aragonite Exports

Environment Minister Kenred Dorsett has rejected requests from the National Congress of Trade Unions Bahamas (NCTUB) to renegotiate the royalties the country receives from aragonite mining and also denied allegations that the country has approved aragonite mining near East Grand Bahama. While speaking to reporters outside of Cabinet yesterday Minister Dorsett brushed off the union’s […]

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Thousands of Bahamians Stuck in “Scandalous” Loans —Blamed for Mortgage Relief Failure

State Minister for Finance Michael Halkitis said one of the reasons the government’s mortgage relief plan failed is because of the high levels of indebtedness of thousands of Bahamians who are stuck in “scandalous” loan agreements. During “A Report to the Nation: Second Anniversary of Governance” a special press conference held by Cabinet ministers on […]

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Task Force To Present Timeline for Telecoms Liberalisation

Prime Minister Perry Christie said his government is moving to have the telecommunications sector liberalised “as quickly as possible,” even though his government was only allowed to legally make moves in this regard since April 6. During a “A Report to the Nation: Second Anniversary of Governance” a special press conference held by Cabinet ministers […]

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Dan Marino Invites Football Fans To Bahamas

A football legend is looking to attract football fans to The Bahamas thanks to a relationship between National Football League (NFL) team, the Miami Dolphins, and the Ministry of Tourism. Hall of Fame quarterback and former Dolphin player Dan Marino is personally inviting Dolphins fans to join him, and several other football legends, for a […]

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Andros Business Outlook ’14 On The Way

Prime Minister Perry Christie will deliver the keynote address at the Third Annual Andros Business Outlook, which is scheduled to take place Tuesday May 15 at Love at First Sight Hotel and Restaurant in Stafford Creek, Andros. The theme of this year’s forum will be, “Charting a Course for Growth in Andros for 2014” and […]

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Dr. Winston Campbell Makes History –First Sleep Medicine Specialist

Dr. Winston Campbell has become the University of the West Indies’ (UWI) first board-certified specialist in the field of sleep medicine, not only in The Bahamas, but the entire Caribbean. Sleep disorders are known to comprise the hub of high risk factors in The Bahamas, particularly as it involves the prevailing epidemic of chronic non-communicable […]

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Bahamian Female Seeks To Close Gap In Maritime Industry

In an industry dominated by men, Sandy Campbell, one of a handful of female merchant mariners in the world and one of about 15 female mariners in The Bahamas has made it her mission to share the joys, challenges and triumphs of the profession with high school students and young adults during multiple interactive sessions […]

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