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Breaking News:

Business


  • Govt to move ahead with Over-the-Hill tax free economic zones

    The Dr. Hubert Minnis-led government is following through with its plan to offer concessions and create tax free economic zones in Over-the-Hill areas. In the Speech from the Throne, read by Governor General Dame Marguerite Pindling, the new government outlined its plan to encourage entrepreneurshi... Read More
  • New administration plans ‘rebound’ for Grand Bahama

    The Free National Movement-led government yesterday pledged a “rebound” of Grand Bahama by giving the island a signature brand identity and bringing “strategic” partners who will bring world-class tournaments and competitions to the second capital. In the Speech from the Throne, read by Gov... Read More
  • FNM plans to bolster and modernize tourism sector

    The Dr. Hubert Minnis-led government offered big promises for the country’s tourism sector in yesterday’s Speech from the Throne, read by Governor General Dame Marguerite Pindling. In the government’s mandate for governance, it said its focus will be on ensuring all tourism projects have a ... Read More
  • Former finance minister urges new govt to control spending

    Former Minister of Finance Sir William C. Allen yesterday urged the new government to examine the level of spending that got “out of hand” over the past five years under the former Christie administration, despite a significant boost in revenue from value-added tax (VAT). Speaking with Guardian... Read More
  • Protection of homeowners still a priority for FNM govt

    With mortgage delinquencies sitting above an estimated $600 million, the Free National Movement (FNM) intends to review legislation that would facilitate the protection of homeowners with respect to foreclosures. In the Speech from the Throne read yesterday by Governor General Dame Marguerite Pindl... Read More
  • Higgs & Johnson associate wins STEP Student Award

    Jo-Anne Stephens, an associate at full service corporate and commercial law firm Higgs & Johnson, has been awarded the Society of Trust & Estate Professionals’ (STEP) Student Award, presented to the STEP student in the Caribbean and Latin American region who achieved the highest average ma... Read More
  • Big reforms planned for public sector

    The Free National Movement (FNM) government has pledged to improve the delivery of services in the public sector and to work “expeditiously” to provide training for all levels of the public service. In the Speech from the Throne read yesterday by Governor General Dame Marguerite Pindling, the F... Read More
  • RBDF thanks BTC for its role in the 1980 HMBS Flamingo event

    On May 19, 1980, the HMBS Flamingo, a Royal Bahamas Defence Force (RBDF) vessel, was attacked and sunk by the Cuban military. This year, on the 37th anniversary of the incident, The RBDF presented a plaque to Bahamas Telecommunications Company (BTC), thanking the organization for its assistance duri... Read More
  • MOT writing to Fyre Festival organizers in attempt to initiate vendor payments

    Director General of the Ministry of Tourism (MOT) Joy Jibrilu told Guardian Business the Federal Bureau of Investigation (FBI) has so far not been in contact with her ministry regarding the Fyre Festival, in light of reports that the festival is now under the microscope of the federal agency. She a... Read More
  • BTC ready for 2017 hurricane season; yet to complete repairs related to Hurricane Matthew

    Bahamas Telecommunications Company (BTC) has invested $1 million in power generation throughout the country in preparation for the 2017 hurricane season, and continues to roll out and expand its fiber optic network throughout the country – a buffer against lost service during major storms. In a... Read More
  • U.S. gaming company provides state-of-the-art products at Baha Mar

    Scientific Games, a leading United States-based provider of gaming solutions, has been awarded a 30 percent floor share at Baha Mar’s casino, where it provides a variety of technology platforms and products. The company announced in a press statement yesterday new agreements to provide a range of... Read More



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