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Business

 
Baha Mar: Claims of staff firings false
Just five days after the soft opening of Baha Mar, rumors circulated on a social media platform that up to 100 people were let go from the resort, but a statement from Baha Mar said the allegations are “baseless and untrue”. The rumors suggested...
 
 
Baha Mar reservation window moved up to May 8
Baha Mar has moved its reservations window up to May 8, the company said in a press release yesterday after much criticism over its end-of-May reservation window. Eyebrows have also been raised over some of the taxes that appear on room reservations....
 
 
Mobile number portability delayed until tomorrow
Mobile number portability (MNP) is once again delayed and is now expected to launch tomorrow, according to Director of Policy and Regulation at the Utilities Regulation and Competition Authority (URCA) Stephen Bereaux. MNP was expected to be launche...
 
 
BCCEC launches ease of doing business survey
The Bahamas Chamber of Commerce and Employers’ Confederation (BCCEC) is conducting a survey to determine the most pressing issues in The Bahamas regarding the ease of doing business, ahead of its fourth annual National Conclave of Chambers of Comme...
 
 
BAMSI establishing greenhouse network in Southeast Bahamas
Weekend rains in North Andros have wreaked havoc on various crops. Farmers were inundated with 2.36 inches of rainfall on Sunday, causing fields to be flooded. Crop losses are expected to be high, particularly with vegetables such as cabbages and cuc...
 
 
Reusable shopping bags distributed by Sandals Foundation
According to Plastic Oceans Foundation and the Sea Turtle Conservancy, every year 14 billion pounds of trash – most of it plastic – is dumped into the world’s oceans. These plastics never go away and directly result in 100,000 marine animals dy...
 
 
Turnquest: FNM will not sell Baha Mar if it becomes next govt
Deputy Leader of the Free National Movement (FNM) Peter Turnquest insisted that his party, if it becomes the next government, would not attempt to sell Baha Mar as suggested by Attorney General Allyson Maynard-Gibson last Friday. Turnquest said the ...
 
 
NHI primary care services launched, though public insurer deal not finalized
Enrollment for primary care services launched yesterday, but there is still no public insurer in place or regulations set in stone. Officials at a press conference yesterday sought to address these matters. National Health Insurance (NHI) Secretaria...
 
 
CCA to issue statement on Fitzgerald emails
As the country seeks clarity and further information regarding leaked emails that implicate Minister of Education Jerome Fitzgerald in the solicitation of contracts that amounted to a breach of Cabinet protocol, Daniel Liu, senior vice president of C...
 
 
Report: Improved customs procedures could boost shipping revenue
A new assessment report suggests that improved customs procedures could boost economic contributions from break bulk shipping operations within The Bahamas. The report, from global advisory firm Oxford Economics in conjunction with the Organization ...
 
 
One Eleuthera Foundation founder wins Cacique’s Sustainable Tourism Award
On April 8, 2017 the 17th Annual Cacique Awards recognized Shaun Ingraham of the One Eleuthera Foundation as the winner of its Sustainable Tourism Award. The Cacique Awards is a highly prestigious award and is presented to industry leaders who are t...
 
 
BAAP celebrates Administrative Professionals’ Week
The Bahamas Association of Administrative Professionals salutes the valuable contributions of administrative professionals in the workplace during Administrative Professionals’ Week, which began on Sunday, April 23 and climaxes on Friday, April 28 ...
 
 
BTC supports annual Coconut Fest in Pelican Point
FREEPORT, Grand Bahama — The annual Coconut Festival in Pelican Point, Grand Bahama has been the staple Easter holiday attraction on the island for years, drawing locals and tourists alike to the eastern end of the Island for the exciting homecomin...
 
 
AG concerned FNM govt would follow through with Baha Mar threat
Attorney General Allyson Maynard-Gibson revealed to Guardian Business last Friday that there may still be a real chance for Baha Mar to not be sold to Chow Tai Fook Enterprises (CTFE) once the $4.2 billion mega resort property is fully complete. Lea...
 
 
Still no official word on release of sealed Supreme Court Baha Mar documents
With only a few days left before the end of April, there is still no official word on the release of the sealed Supreme Court Baha Mar documents, which were expected to be available to the public sometime this month. Attorney General Allyson Maynard...
 
 
Fitzgerald: PM did not know about contracts solicitation
Minister of Education Jerome Fitzgerald alleged that Prime Minister Perry Christie did not know about his recently admitted solicitation of contracts from China Construction America (CCA) for the Baha Mar resort. Fitzgerald, who spoke to Guardian Bu...
 
 
Report touts economic benefits of second home market
Increased spending by new tourists to The Bahamas, particularly from Airbnb rentals, could generate an estimated $9.8 million toward gross domestic product (GDP) and create 225 jobs, according to a report by global advisory firm Oxford Economics rele...
 
 
Uncertainty on OECD’s Common Reporting Standard a challenge facing banking sector
The Central Bank of The Bahamas pointed out that a prominent external challenge facing the banking industry is the “uncertainty” underscoring the impact of the Organisation for Economic Co-operation and Development’s (OECD’s) Common Reporting...
 
 
CBL supports Appleton Estate’s celebration of 20 years with Joy
Appleton Estate, the world’s leading Jamaican premium aged rum, recently announced the release of the Appleton Estate Joy Anniversary Blend — a rare, 25-year-old limited edition rum — to mark the anniversary of the first female master blender, ...
 
 
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. ...
 
 
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