Business
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CEO: BPL has to revisit tariff rate
Bahamas Power and Light (BPL) Chief Executive Officer Shevonn Cambridge said the power company will have to revisit is tariff rates…
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Proper NIB funding policy needed immediately, notes actuarial report
The National Insurance Board (NIB) must develop clear financing and funding objectives in order to ensure that the plan’s assets…
Read More » Cotton Bay reaffirms commitment to build Ritz Carlton Reserve on Eleuthera
Cotton Bay Holdings Ltd. (CBHL) reaffirmed its commitment to build a Ritz-Carlton Reserve-branded property in South Eleuthera in a statement on Saturday, adding…
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Opposition demands answers on tariff adjustment
Shadow Minister of Finance Kwasi Thompson yesterday demanded that the government explain why an amendment to tariffs on boats was…
Read More » BNT throws support behind one of two Long Island projects
In a statement released Thursday night, the Bahamas National Trust (BNT) heralded its support for one of two proposed developments…
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Bloomberg includes Bahamas on distressed nations list
A report from business news and financial data company Bloomberg lumps The Bahamas with the top ten most distressed emerging…
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Canadian law firm engaged to develop cannabis industry framework
The government has engaged Canadian corporate law firm Cassels to assist with the development of a regulatory framework for a cannabis industry,…
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Deal wants greater regulation of heavy equipment to protect environment
A local energy and environment advocate is calling for greater regulation of the heavy equipment industry in The Bahamas. Deborah Deal,…
Read More » IX Capital Group principal lauds financial services environment
The Bahamas’ willingness to do business and the propensity of the government and the regulators in the financial services space…
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Govt modernizing outdated laws that govern and regulate companies
The Bahamas is seizing the opportunity to become the “nearshore Delaware for corporate structuring and reorganization” with planned reforms to…
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