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Business


  • CCA source: Fitzgerald emails did not come from our servers

    Sources close to China Construction America (CCA) insisted yesterday that supposed “leaked” emails suggesting Minister of Education Jerome Fitzgerald attempted to gain contracts from Baha Mar for his family’s business, did not come from their servers. A Tribune article yesterday, which reveal... Read More
  • Baha Mar checks in its first guests ahead of today’s soft opening

    Baha Mar’s Grand Hyatt hotel has already checked in its first group of guests in anticipation of today’s opening ceremony, the resort’s Senior Vice President of Administration and External Affairs Robert Sands told Guardian Business yesterday. Guardian Business understands the resort’s reser... Read More
  • Report: Bahamas Waste suffered increased expenses due to dump problems

    Bahamas Waste Limited suffered “major delays and damage” on a consistent basis as a result of failures at the New Providence Landfill last year. In its 2016 financial report released yesterday, Managing Director Francisco de Cardenas pinned an increase in Bahamas Waste’s direct expenses direc... Read More
  • FDI an important boost to property values, says realtor

    President of C.A. Christie Charles Christie explained to Guardian Business that property values have been on the rise as a result of a continued stream of foreign direct investment (FDI) in The Bahamas. Christie said The Bahamas has always enjoyed the benefits of welcoming foreign investors who in ... Read More
  • URCA reminds broadcasters of broadcasting conduct during election period

    The Utilities Regulation and Competition Authority (URCA) refers to the dissolution of Parliament on April 11, 2017 and the subsequent announcement that the general election will be held on May 10, 2017. URCA reminds persons licensed under the Communications Act 2009 that provide audiovisual media s... Read More
  • Bahamas Medical and Alcon partner to provide improved vision care products

    Alcon, a global leader in eye care and a division of Novartis, one of the world’s largest pharmaceutical companies, recently appointed the leading local supplier of medical and surgical products in The Bahamas as its local partner to provide improved eye care products and services to the country. ... Read More
  • New shopping concept for BTC’s small business customers

    “BTC Sip & Shop” is the new shopping craze that was officially launched recently with the Bahamas Telecommunications Company (BTC) and Velvet Hanger. “BTC Sip & Shop” is a brand new concept introduced by the company’s small business team. BTC works along with its small business cl... Read More
  • Halkitis: No credit bureau under current administration

    The long-awaited legislation to establish The Bahamas’ first credit bureau will not be tabled until after the general election, possibly by a new administration. Speaking with Guardian Business yesterday, Minister of State for Finance Michael Halkitis assured, however, that the legislation is com... Read More
  • Baha Mar boosting interest in Cable Beach real estate, says C.A. Christie

    The anticipated soft opening of Baha Mar tomorrow appears to have boosted rentals in the vicinity of the $4.2 billion mega-resort and its opening is expected to have a significant impact on the Bahamian real estate market going forward, said President of C.A. Christie Real Estate Charles Christie. ... Read More
  • FOCOL reports net income increase; mulls entering power generation sector

    FOCOL Holdings Limited reported having a “transformational” 2016 at its annual general meeting (AGM) last month, with the company’s net income increasing 51.7 percent from $20.5 million in 2015 to $31.1 million in 2016. With larger profits being recognized, FOCOL President and CEO Anthony Rob... Read More
  • BTC sponsors carnival and bands with $1.8 million

    Bahamas Telecommunications Company (BTC), with only two weeks before Bahamas Junkanoo Carnival, yesterday formally sponsored the carnival to the tune of $1 million in cash and kind, and took an extra bold step by sponsoring five bands over three years at $800,000. BTC CEO Leon Williams made the pre... Read More



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