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Business


  • Grand Lucayan deal in jeopardy

    A deal to revive the troubled Grand Lucayan hotel complex could once again be in jeopardy, Guardian Business understands, with a hopeful investor prepared to pull the plug on the property. Guardian Business understands that the Wynn Group is preparing to leave the government holding the keys to a h... Read More
  • BHTA representatives meet with minister

    Representatives from The Bahamas Hotel and Tourism Association (BHTA) recently met with Minister of Financial Services, Trade & Industry and Immigration Brent Symonette to discuss strategies to enhance local sourcing opportunities for the tourism sector. The BHTA continues to encourage industry ... Read More
  • Grand Bahama still ‘teeming with activity’

    Director at the Ministry of Tourism in Grand Bahama Betty Bethel said there is a “misconception” surrounding what the island has to offer its visitors amid a challenged economy. Bethel argued that Grand Bahama is still filled with activities for tourists, particularly day visitors, despite the c... Read More
  • Grand Bahama a better fit than NP for vacation home rentals, says GB tourism executive

    Airbnb, the vacation home rental giant, could be a huge success on Grand Bahama, since the island has an ideal accommodations system already in place for visitors looking for something outside of the average hotel experience. Director of Tourism in Grand Bahama Betty Bethel explained that Grand Bah... Read More
  • Grand Bahama a better fit than NP for vacation home rentals, says GB tourism executive

    Airbnb, the vacation home rental giant, could be a huge success on Grand Bahama, since the island has an ideal accommodations system already in place for visitors looking for something outside of the average hotel experience. Director of Tourism in Grand Bahama Betty Bethel explained that Grand Bah... Read More
  • Numbers industry ‘shouldering construction’

    Many of the new developments in the construction sector on New Providence over the past 12 months have come through development firm Brickell Management or its subsidiary Vandoff Bahamas, all of which - and more - are linked back to numbers house boss Sebas Bastian, the Bahamas Contractors Associati... Read More
  • Airbnb to trigger economic growth

    Airbnb, the vacation home rental giant, could “trigger” much needed economic growth in The Bahamas, reeling in new business for banks and providing more jobs in the construction sector. Chairman of Mario Carey Realty (MCR) Bahamas Group Mario Carey said in a press statement yesterday that The B... Read More
  • BPL union ‘sad’ over firing of CEO

    "Today is a sad day for the union”, Secretary General of the Bahamas Electrical Workers Union (BEWU) Astrid Bodie told Guardian Business yesterday regarding the firing of Bahamas Power and Light CEO Pamela Hill. Bodie called Hill the “human side of administration” for BPL. She said the unio... Read More
  • FINCO suffers increase in non-performing loans

    In the face of a prolonged mortgage crisis, the Finance Corporation of Bahamas Limited (FINCO) reported yesterday that non-performing loans increased to $122 million during the second quarter of the bank’s fiscal year. Royal Bank of Canada’s (RBC) mortgage arm also indicated, in its report, no ... Read More
  • Govt making progress on austerity plan

    Government is at the stage in its austerity plan where it has come up with recommendations on how to find at least 10 percent savings in each government ministry, Deputy Prime Minister and Minister of Finance Peter Turnquest told Guardian Business yesterday. Turnquest could not say much more than t... Read More
  • BCA looking to govt for public projects resurgence

    With the construction sector facing a slowdown by the end of the year, according to President of the Bahamian Contractors’ Association (BCA) Leonard Sands, the sector is looking to government to tell it when it should expect to see a resurgence in public projects. Part of the problem, according t... Read More



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Business Features

  • http://www.ansbacher.bs
  • http://www.walkinclinicbahamas.com
  • http://www.cfal.com
  • http://www.colinageneral.com
  • http://www.Colina.com