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NHI should not be a one-size-fits-all model, says Sands
The model for National Health Insurance (NHI) should not be a one-size-fits-all model, Minister of Health Dr. Duane Sands said yesterday, adding that the debate on what NHI should become has “missed the mark”. Sands compared healthcare to the va...
 
 
Aliv wants smart medicine push
The country’s newest mobile service provider is eying the health services sector by toying with the idea of “smart medicine”. Healthcare, Chief Aliv Officer Damian Blackburn joked, is in Aliv’s DNA. Blackburn, speaking at the Bahamas Chamber...
 
 
D’Aguilar: Not much we can do about cost to enter the country
There may be nothing The Bahamas can do about the expensive nature of flights into the country in the near- to medium-term, Minister of Tourism Dionisio D’Aguilar told Guardian Business yesterday. Meanwhile, this country’s competitors, whose flig...
 
 
Centreville residents express concerns during town hall meeting
Centreville constituents expressed concerns about the state of the economy and a possible credit rating downgrade during a recent town hall meeting hosted by Member of Parliament for Centreville Reece Chipman. The more than 200 people who attended t...
 
 
‘Service excellence trumps everything else’, Bahamahost graduates told
FREEPORT, Grand Bahama – Bahamahost held a graduation ceremony for 415 persons from Bahamas Immigration, Treasure Bay Casino, public service drivers, Bishop Michael Eldon High School, Sunland Baptist Academy, Grand Bahama Academy, Pineforest Academ...
 
 
Baha Mar touts impact on tax revenues
Baha Mar continues to be confident in its ability to contribute more than $65 million in direct taxation to The Bahamas annually and more than $100 million annually in combined direct, indirect and induced tax revenues when it is fully operation next...
 
 
Pensioners impacted by payments delay at BOB
Bank of The Bahamas (BOB) experienced a delay in distributing pension payments yesterday, which resulted in outrage from pensioners who formed a crowd outside the bank’s main branch along Shirley Street. Managing Director of BOB Renee Davis told G...
 
 
Biggity bistro focuses on local produce, products
Overlooking Bay Street is a cozy new bistro. The place feels nothing close to its name and the do it yourself decor is far from it as well – Biggity is what it’s called, and it’s an entrepreneur’s dream come true. Owner Amanda Ferguson thoug...
 
 
Komolafe: Downgrade threat may ‘motivate’ implementation of structural, policy reforms
While international credit ratings agency Moody’s recently indicated that it has placed The Bahamas’ Baa3 rating on review for downgrade, Chairman of the Bahamas Insurance Association (BIA) Emmanuel Komolafe said there are still a few factors tha...
 
 
Commonwealth Brewery: Solid financial performance for 2016, positive outlook for 2017
Commonwealth Brewery Limited (CBL), the industry’s leader in beer, wine and spirits distribution, served up optimism for 2017 despite a challenging economic situation for shareholders at the company’s sixth annual general meeting (AGM) on June 20...
 
 
Still no date when NHI Authority will be officially established
Minister of Health Dr. Duane Sands confirmed yesterday that the board of the National Health Insurance (NHI) Authority has been selected, but there is still no definite date for when it will be officially established. Sands told Guardian Business th...
 
 
Still no pharmacy benefits under NHI
Almost three months into the primary care phase of National Health Insurance (NHI), there are still no pharmacy benefits under the program, indicating that pharmacies across The Bahamas have yet to sign on board with the healthcare scheme. Speaking ...
 
 
As public sector reforms, private sector will not ignore inefficiencies, says chamber chief
The transformation of the public sector will require the full support of the private sector, CEO of the Bahamas Chamber of Commerce and Employers’ Confederation (BCCEC) Edison Sumner said yesterday at the launch of the Public Financial Management a...
 
 
Bahamas lost competitive advantage by being expensive to get to, says tourism expert
A flight to Miami from New York next week is currently half the price of a New York to Nassau flight, but the average distance disparity between both flights is only seven miles. A tourism expert told Guardian Business yesterday that this country has...
 
 
Clearing Banks Association issues ‘mystery shopper’ scam warning
In an effort to promote fraud awareness, the Clearing Banks Association (CBA) issued a notice yesterday about the “mystery shopper” scam, which could result in a victim of fraud being liable for stolen money. The CBA explained that “fraudsters...
 
 
Govt to take advantage of opportunities in global shipping industry
The government of The Bahamas will assist wherever possible to ensure that the opportunities that lay within the shipping industry at the global level are taken advantage of. Addressing members of the media following a tour of the LJM Maritime Acade...
 
 
BTC sponsors Global Symposium for Regulators
Bahamas Telecommunications Company (BTC) was a key sponsor for the Global Symposium for Regulators, which was held in the country last week. The company thought it fitting to support the symposium, which brought together a massive meeting of the mind...
 
 
BIA questions how NHI is being administered
The Bahamas Insurance Association (BIA) is exploring whether actions taken to implement National Health Insurance (NHI) might have been in contravention of the law vis-à-vis the NHI Act and the Insurance Act. The BIA released a statement on the wee...
 
 
Central Bank: Gasoline prices up 14.6% during first quarter
The Central Bank of The Bahamas revealed that gasoline prices experienced a 14.6 percent hike during the first quarter of this year when compared to the same period last year. In its Quarterly Economic Review (QER) report for March, the regulator sa...
 
 
Tourism sector output weak in first quarter, says Central Bank
Cuba's Tourism Minister Manuel Marrero announced recently that Cuba’s tourist arrivals from the U.S. have grown by 150 percent, despite travel restrictions, and its market from Canada has rebounded from 2016. Meantime, The Bahamas is struggling to ...
 
 
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