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Business


  • Mitchell: GB at rock bottom, needs cash injection

    Progressive Liberal Party (PLP) Senator Fred Mitchell warned yesterday that Grand Bahama has reached “rock bottom” and is in need of an injection of money to keep the island’s economy afloat. Prime Minister Dr. Hubert Minnis revealed last week that the revitalization of Grand Bahama is at the... Read More
  • Sands: Contractors act could help curb foreign work permits by at least 50%

    President of the Bahamian Contractors Association (BCA) Leonard Sands said the Construction Contractors Act could help to slash the number of work permits granted to foreign workers for construction projects in The Bahamas by at least 50 percent. Speaking with Guardian Business yesterday, Sands sai... Read More
  • Government’s shareholding in Aliv, BTC complicates regulation, says URCA CEO

    CEO of the Utilities Regulation and Competition Authority (URCA) Stephen Bereaux lauded the government’s announcement to sell its shares in Bahamas Telecommunications Company (BTC) and Aliv to Bahamians, adding that the government’s stake in both mobile operators “complicates regulation”. W... Read More
  • Atlantis to sign deals for local restaurants at Marina Village

    Atlantis could have deals signed by the end of the month to have several Bahamian owned and operated restaurants occupy spaces at its iconic Marnia Village pedestrian promenade, Guardian Business understands. Meantime, Harbour Island restaurant Sip Sip has been confirmed as taking over one restaur... Read More
  • Bahamas Waste launches social media competition to recognize garbage technicians

    If cleanliness is indeed next to Godliness, then the hardworking garbage technicians at Bahamas Waste are closer to heaven than any of us. Since its inception, Bahamas Waste has made leaps and bounds in addressing key waste management needs for residents across New Providence. The foundation of tha... Read More
  • Government hosts recreational fisheries workshop

    The Ministry of Agriculture & Fisheries recently opened a recreational fisheries workshop at the Bahamas Agricultural and Industrial Corporation’s (BAIC) headquarters, comprising 30 experts from 12 Caribbean countries. It was the sixth meeting of the Western Central Atlantic Fishery Commission... Read More
  • Chamber CEO urges public procurement process cleanup

    CEO of the Bahamas Chamber of Commerce and Employers’ Confederation (BCCEC) Edison Sumner said the government’s system for awarding contracts would see a complete turnaround after government cleans up the public procurement process, puts in place freedom of information, has transparency in gover... Read More
  • Bahamas still a good place to do business, says chamber CEO

    The Bahamas is still “a good place to do business”, CEO of the Bahamas Chamber of Commerce and Employers’ Confederation (BCCEC) Edison Sumner told Guardian Business yesterday, after startling revelations about the state of the economy and possible misfeasance from the former administration wer... Read More
  • Fields: Atlantis reviewing Baha Mar documents

    Senior Vice President of Public Relations at Atlantis Ed Fields told Guardian Business yesterday that Atlantis is in the process of reviewing the recently revealed Baha Mar documents “to see if there are discrepancies”. The resort’s concern is if the deal brokered by the former Progressive Li... Read More
  • Govt looking to incentivize Bahamian-owned boutique hotels

    Prime Minister Dr. Hubert Minnis is hoping to spur the growth of boutique, eco-friendly hotels on the Family Islands through the granting of Crown land and the delivery of incentives for those that use and promote local products. Minnis said those Bahamians who use the opportunity to invest in smal... Read More
  • BTC recognizes stellar employees

    Bahamas Telecommunications Company (BTC) recently held its employee awards reception at The Balmoral Club, where over 100 employees were recognized for exemplary services to the company. Helene Ferguson, BTC’s senior vice president of human resources, training, contact center and Family Islands, ... Read More



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