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Business

 
PHA reports shortfall in cancer drug
The Public Hospitals Authority (PHA) admitted yesterday that there has been a shortfall in the chemotherapy drug Gemcitabine since last week. However, the PHA said the drug should be made available by the end of this week. Guardian Business reached ...
 
 
CHTA hails 2017 Caribbean Travel Marketplace in The Bahamas a huge success
The Caribbean Hotel and Tourism Association (CHTA) has praised The Bahamas after yet another successful hosting of the Caribbean Travel Marketplace, held at Atlantis from January 29 to February 2, 2017. The Bahamas has had the fantastic opportunity ...
 
 
Caribbean hoteliers optimistic about 2017
Caribbean tourism fared well in 2016 and industry stakeholders are generally upbeat about the year ahead, despite the fact that many hoteliers were forced to adjust their high performance expectations for 2016 as the year progressed due to unforeseen...
 
 
Former Baha Mar employees ‘keen’ to rejoin
Baha Mar made calls to all the employees who were let go when the property went into receivership, to find out if they are interested in reapplying at the resort, the company’s vice president of human resources, Kirsty Cowper, told the media yester...
 
 
Sands: Airlift will meet Baha Mar’s demands by 2018
Robert “Sandy” Sands, senior vice-president of administration and external affairs at Baha Mar, pointed out yesterday that the government, in collaboration with relative parties, is working to ensure that there is sufficient airlift to meet the m...
 
 
BCA: Labor reports needed to confirm foreign/Bahamian worker ratio
President of the Bahamian Contractors Association (BCA) Leonard Sands has asserted the need for a monthly labor report for large-scale projects such as The Pointe and Baha Mar. The report would be used to fact check the amount of foreign and Bahamian...
 
 
Study outlines high energy usage profile of Bahamas hotels
A study which looked at the energy usage profile of hotels in Jamaica, Barbados and The Bahamas, which was recently completed by the Caribbean Hotel Energy Efficiency and Renewable Energy Action (CHENACT) program, showed The Bahamas had the highest p...
 
 
Milo Butler expands Flying Dutchman brand to North Andros
Milo Butler Group of Companies recently announced the official opening of Flying Dutchman North Andros. The newest store is the fourth location for the company’s growing liquor division and the first operation outside of New Providence. Located on...
 
 
Bahamian Brewery announces $2 mil. expansion in Grand Bahama
FREEPORT, Grand Bahama – While some companies and local residents are still in a recovery mode following the recent passing of Hurricane Matthew, Bahamian Brewery and Beverage Company Limited is expressing confidence in the economic climate of Gran...
 
 
GBPA small business fair a big success
FREEPORT, Grand Bahama – Local business owners and aspiring entrepreneurs were challenged to take their businesses and ideas to the next level, during a small business fair and training workshop hosted by the Grand Bahama Port Authority, Limited (G...
 
 
Former Memories employees to get redundancy pay starting today
A week after Sunwing Travel Group (Sunwing) revealed that it would no longer continue as the hotel operator for Memories Grand Bahama Beach & Casino Resort (Memories), the company announced yesterday that former employees of the resort would rece...
 
 
BPL to present revised small-scale renewables plan to URCA imminently
Bahamas Power and Light (BPL) will present its amended Small-Scale Renewable Generation Plan to the Utilities Regulation and Competition Authority (URCA) imminently, Guardian Business learned yesterday. Acting CEO of URCA Stephen Bereaux said BPL ha...
 
 
Bahamas Society for Human Resource Management installs 2017 executive team
While addressing human resources (HR) professionals at the recent Bahamas Society for Human Resource Management (BSHRM) installation ceremony, newly-elected BSHRM president Chrislyn Benjamin vowed to helm an organization ready to respond to the rapid...
 
 
URCA standards balancing act after Consumer Protection Policy, NQP rollout
There will be a balancing act between regulators and the quality standards and consumer protection agencies when the Consumer Protection Policy and National Quality Policy (NQP) come into force. Speaking with Guardian Business yesterday, acting CEO ...
 
 
Myers: Fiscal Responsibility Act would deter irresponsible fiscal behavior
Chairman of the Organization for Responsible Governance (ORG) Robert Myers has asserted the need for a Fiscal Responsibility Act (FRA), adding that the government’s current fiscal consolidation plan is “simply not enough” to improve what he cla...
 
 
591 jobs impacted by withdrawal of Sunwing from Memories
With Sunwing Travel Group pulling out as the operator for Memories Grand Bahama Beach & Casino Resort in Grand Bahama, nearly 600 jobs were affected. This number represents much more than what was previously reported in another daily newspaper. ...
 
 
LOC chairman touts economic benefits of beach soccer stadium
The new $4 million beach soccer stadium being built at the foot of the Sir Sidney Poitier Bridge is set to spur a wealth of economic activity for The Bahamas, even after the country hosts the 2017 International Federation of Association Football (FIF...
 
 
The Pointe seeking to use dredged sand in phase two
The Pointe, by developer Neworld One Bay Street, is awaiting certain approvals to begin phase two of the project, one of which is an environmental impact assessment that, if approved, will allow the developers to dredge sand for its marina, the nouri...
 
 
Russell: GB open for business, despite withdrawal of Sunwing from Memories
Grand Bahama is still open for business, despite grim news received on Wednesday that the operator of a large resort had pulled out of its operational agreement. Chairman of the Grand Bahama Island Tourism Board Russell Miller, speaking at the Carib...
 
 
IDB report laments inadequately trained workforce
Despite a significant amount of money spent by the Bahamian government on education, a report examined the chilling reality of the country’s low employable human skills, which remain one of the greatest concerns plaguing the ease of doing business....
 
 
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