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Norwegian Breakaway adds Bahamas to itinerary
Norwegian Breakaway, the newest ship for Norwegian Cruise Line, has added The Bahamas to its itinerary beginning in October. The Norwegian Breakaway is the first of two Breakaway class ships that’s being built for Norwegian Cruise Line. Prime Min...
 
 
Progress on stem cell legislation lauded
A leading cardiologist who plans to open a stem cell research facility in the country later this year applauded the government yesterday for tabling draft stem cell legislation in the House of Assembly, but said the law needs some tweaking in order t...
 
 
Sebas Bastian introduces new technology in local construction sector
A young entrepreneur has injected $10 million into technology that he believes will change local construction and save homebuilders up to 25 percent in construction costs. Sebas Bastian, CEO of Aventura Development Group, revealed to Guardian Busine...
 
 
Mango card adding SMS payment option
Executives at Transfer Solutions Providers Ltd. (TSP) are looking to offer its Mango cardholders the option of paying utility bills through an SMS messaging system sometime next month. Harvey Morris, the company’s chief financial officer, confirme...
 
 
Transfer Solutions Providers to benefit from $150K grant
Transfer Solutions Providers Ltd. (TSP), operators of the Mango card, will use a $150,000 grant from the Multilateral Investment Fund (MIF) to expand its microcredit facility for its customers. Yesterday, TSP executives, along with representatives f...
 
 
CWC announces new BTC board appointments
Cable & Wireless Communications (CWC) has announced the appointment of Tony Rice as chairman of the board of the Bahamas Telecommunications Company Ltd. (BTC), and Chris Dehring as a company director.  Rice is the chief executive of CWC, and...
 
 
AdWorks marks major milestone
Whenever a successful, well-established company executes a rebranding exercise, there has to be a compelling reason behind the transformation.  AdWorks, a local multimedia marketing firm, recently unveiled an edgy new corporate identity, and the...
 
 
Royal Fidelity sponsors Rotary’s 2013 Health Walk & Fitness Challenge
Royal Fidelity Merchant Bank and Trust is sponsoring the Rotary Club of South East Nassau’s 2013 Health Walk and Fitness Challenge on May 11. Now in its third year, the money raised from the event will be used to fuel community service efforts sla...
 
 
No govt ban on copper exports
The government is not considering a ban on the export of copper, according to Minister of State for Finance Michael Halkitis, but will meet with officials from the Department of Customs, Environmental Health and the police to determine if current rul...
 
 
Halkitis: Draft VAT legislation hopefully by next week
Draft legislation for the proposed value added tax (VAT) should be completed next week and brought to Parliament in the summer. “We expect to have the draft legislation hopefully by next week and then we will have to go through the whole process o...
 
 
Govt to modernize Bahamas Investment Authority
The government is looking to modernize the Bahamas Investment Authority (BIA) to ensure that all investment board approvals do not take more than 30 days. Khaalis Rolle, minister of state for investments, told Guardian Business yesterday that he pla...
 
 
BOB unveils new suite of Express ATM features
Bank of The Bahamas Limited (BOB) has unveiled a suite of new features for its Express ATMs, designed to make transactions easier for its customers. BOB is the first bank to accept non-envelope cash deposits at its BOB Express ATMs. Dominique Thomp...
 
 
Jack Nicklaus returns to review progress of Baha Mar golf course
Golf legend and course designer Jack Nicklaus returned to the site of the future Jack Nicklaus Signature Design Golf Course at Baha Mar to review the development of the course since his last visit in February 2013.  During the current visit, Nic...
 
 
Coalition to Protect Clifton Bay directors stress importance of Crown Land
Representing the Coalition to Protect Clifton Bay during a recent interview on the Guardian Radio show ‘Darold Miller Live’, Coalition directors Fred Smith, QC and Joe Darville called attention to the government's responsibility to implement regu...
 
 
RBC Royal Bank a sponsor for panel discussion
RBC Royal Bank has announced that it is a presenting sponsor for the upcoming Food For Thought Panel Discussion on Hunger and Food Security in The Bahamas.  The panel event promises to be a unique learning experience.  It will include a liv...
 
 
Club Med seeking major expansion
Club Med is looking to expand its property on San Salvador and the government is “actively” reviewing its proposal, Guardian Business can reveal. While the exact terms of the proposal are unknown, several Cabinet minsters confirmed that there is...
 
 
Strong interest by investors in Grand Lucayan casino
Grand Lucayan’s new casino operator is expected to be unveiled soon, according to a senior government official. Minister of Tourism Obie Wilchcombe told Guardian Business yesterday that at least five companies have applied to take over casino oper...
 
 
KPMG survey: No regional tourism growth for 3 years
No “meaningful” growth in tourism is expected in The Caribbean for at least three years, according to a survey released by one of the country’s top accounting firms. KPMG released its 2013 Caribbean Region Financing Survey “Financing waters ...
 
 
Large Bahamian delegation attends conference
Minister of State for Investments Khaalis Rolle said the government is constantly looking at possible investment deals that would benefit The Bahamas.  Rolle led a delegation from the Bahamas Investment Authority, the Grand Bahama Port Authority...
 
 
D’Aguilar to speak at GB Chamber event
The Grand Bahama Chamber of Commerce is looking forward to its monthly luncheon, as the guest speaker will be Dionisio D’Aguilar, well-known businessman and former Bahamas Chamber of Commerce president. D’Aguilar, the president of Superwash and ...
 
 
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