Archive | Business

Grand Bahama Affirms Participation in 2015 Bahamas Junkanoo Carnival

A contingency from Grand Bahama inclusive of representatives from the Bahamas Ministry of Tourism (Grand Bahama), Grand Bahama Island Tourism Board and Immerse Bahama recently met with The Bahamas National Festival Commission (BNFC) to discuss Grand Bahama’s participation in the 2015 Bahamas Junkanoo Carnival scheduled for May 7– 9, 2015. Mega events are proposed for […]

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BCC Launch VAT Educational Taskforce

The countdown is on to the implementation of Value Added Tax (VAT) and as the government continues with its educational campaign, the private sector is also chiming in to lend a helping hand. On Monday, The Bahamas Chamber of Commerce (BCC) formally introduced the private sector’s VAT educational taskforce. BCC Chief Executive Officer (CEO) Edison […]

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FOI Momentum Still Going Strong

The impact of June’s groundbreaking Freedom of Information (FOI) rally in Rawson Square is still being felt across the country as key businesses, numerous NGOs and scores of concerned citizens continue to show their ardent support for increased transparency and accountability in government. The drumbeat for greater openness also continues to reverberate through the airwaves […]

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Grant Thornton Host VAT Seminar

Grant Thornton Managing Partner Paul Gomez expressed support for the implementation of Value Added Tax (VAT) and predicted that Bahamians can expect to see an expansion in job opportunities and a boom in the accounting industry. Despite the public opposition to VAT in the past months, Mr. Gomez maintained that the government had to increase […]

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Sterling sells $7M home in less than two weeks

The sale of a $7 million Ocean Club Estates residence less than two weeks after it hit the market is one indicator that the luxury home market is beginning to rebound, according to the principals of a local real estate firm. Lamond and Robyn Davis of Sterling Bahamas Realty (SBR) successfully closed a sale for […]

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New BTC Flagship Store for Long Island—BTC brings the latest technology to Southern Bahamas

BTC is continuing its commitment to expand its access to high quality service and products to all of the nation’s major islands with the launch of a new flagship store in Deadman’s Cay, Long Island today. The flagship store, which was previously a cashier and bill-pay station, will now offer a wide product range and […]

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GBCC Present Economic Vision Plan to Gov’t

Executives of the Grand Bahama Chamber of Commerce (GBCC) formally presented the Government with a blue print for the future development of Freeport and by-extension the country for the remaining 40 years. The report provides an extensive analysis of targeted development opportunities, with specific recommendations for structuring the economic future of Freeport and Grand Bahama […]

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Smith: Country Being Ran Like a Dictatorship

Leading attorney Fred Smith urged the government to stop running the country “like a dictatorship” and live up to its legal obligation to introduce a land use plan (LUP) for New Providence. Smith, legal director of fast-growing social and environmental advocacy movement Save The Bays (STB), pointed out that the creation of an LUP was […]

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BURGER KING NASSAU EXPANDS TO CARMICHAEL ROAD, CREATES OVER 60 JOBS

The Home of the Whopper is making a major expansion in the country’s capital. Burger King Nassau opened the doors of its new Carmichael Road location in grand style on Wednesday. The newly built Burger King Carmichael location, located in the Shops at Carmichael Plaza, next to the new Scotiabank, raises the brand’s restaurant count […]

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New Scholarship Fund To Help Develop Engineering Sector

A corporate entity is collaborating with The Bahamas Society of Engineers (BSE) to help stimulate the participation of more Bahamians in a critical sector in the Bahamian economy. BHM Co. Ltd., formerly Bahamas Hot Mix Co. Ltd., and the BSE have established a scholarship fund at The College of The Bahamas for civil engineering technology […]

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