Business
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Hundreds of new small businesses established despite pandemic
Despite the COVID-19 pandemic, hundreds of new small businesses have sprouted over the past several months, proving that “crisis breeds…
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Bahamasair increasing domestic fares beginning Jan. 4
Bahamasair announced last week that beginning January 4, it will increase its domestic flight fares and is implementing for the…
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Local cryptocurrency traders lament Investment Currency Market restrictions
Local cryptocurrency buyers and traders say they are being stymied by the inability to purchase investment currency because the Central…
Read More » Bahamas projected to lose ground on World Economic League Table
The Centre for Economics and Business Research’s (CEBR) latest World Economic League Table 2021 (WELT) shows The Bahamas falling ten…
Read More »New Bahamian-manufactured Luna Rum launches and thrives
When Bahamian-owned rum brand Luna Rum officially opened its Gladstone Road distillery in February, after a full year of planning,…
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Central Bank: NIB liquidity drawdown could have long-term implications
While the latest Financial Stability Report, published recently by The Central Bank of The Bahamas (CBOB), maintains that the domestic…
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D’Aguilar on Grand Lucayan sale: Clearly events on the ground have changed
Transferring ownership of the Grand Lucayan resort would not likely make a material difference in occupancy in the short term,…
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Retailers encouraged by thousands of Bahamians shopping locally
With just one shopping day left until Christmas, retailers said they are encouraged by the thousands of Bahamians who have…
Read More » URCA seeking to reduce operating budget in 2021
Due to governmental budgetary cuts, the Utilities Regulation and Competition Authority (URCA) is seeking to decrease its operating budget for…
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Grand Lucayan’s Lighthouse Pointe to reopen Feb. 2021
The Grand Lucayan resort, which was expected to be formally sold to Holistica – a joint venture between Royal Caribbean…
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