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Chamber requests meeting over Baha Mar claims process
CEO of the Bahamas Chamber of Commerce and Employers' Confederation (BCCEC) Edison Sumner expressed his concern over the government's lack of interaction with the chamber in regard to the claims process under the recent Baha Mar agreement between the government and the Export-Import Bank of China (CEXIM) to complete, sell and open the megaresort.
China EXIM Bank: 'preliminary plan' in place for Baha Mar
After months of silence, the Export-Import Bank of China (CEXIM) yesterday said "there is a preliminary plan concerning the future arrangements" concerning the shuttered $3.5 billion Baha Mar project which would be "launched as soon as practicable".
Sales Expert and Trainer Harold Antor unveils formula for sales success at one-day seminar
Sales Expert and Trainer Harold Antor unveils formula for sales success at one-day seminar
A company that isn't selling is dying. It's undeniable, sales is the most crucial part of any business' structure, yet many organizations are losing at the bottom line due to a salesforce that is not adequately trained to perform at their highest level...
Bahamas 'in good shape' as FATCA deadline hits
Bahamas 'in good shape' as FATCA deadline hits
The minister of financial services has stated that The Bahamas is in "good shape" regarding its compliance with the Foreign Account Tax Compliance Act (FATCA) ahead of the act's enforcement deadline today, and he is confident of the Bahamian banking industry's response thus far.
"We're deemed in effect and we will be in a position to execute the intergovernmental agreement (IGA) in short order," s...
Christie: Resolve has collected millions
Christie: Resolve has collected millions
Prime Minister Perry Christie revealed last night in the House of Assembly that "millions of dollars" had already been collected by Bahamas Resolve Ltd. as the House continues to wrestle with the trials of Bank of The Bahamas.
However, he gave no details and Guardian Business has been unable to uncover any more information.
Opposition members continued to pound on the government to fire the leader...
Data Protection Commissioner Attends Cyber Crime Workshop
Data Protection Commissioner, Sharmie Farrington Austin, travelled to the Cayman Islands, and attended a Cyber Crime Workshop on December 9, 2014. Mrs. Farrington...
BOB must re-instill confidence, says Smith
BOB must re-instill confidence, says Smith
The man in charge of Bahamas Resolve Ltd. (Resolve), the company created to receive $100 million of Bank of The Bahamas' bad debt in October, said the bank must "re-instill confidence in itself" while Resolve forges its debt recovery policies for 2015.
Recently-appointed head of Resolve's board of directors James Smith told Guardian Business the sluggish economy will continue to create "issues". T...
Sales Expert and Trainer Harold Antor unveils formula for sales success at one-day seminar
Sales Expert and Trainer Harold Antor unveils formula for sales success at one-day seminar
A company that isn't selling is dying. It's undeniable, sales is the most crucial part of any business' structure, yet many organizations are losing at the bottom line due to a salesforce that is not adequately trained to perform at their highest level...
Izmirlian's offer for 192M claim: 250K plus 70/30 split
Granite Ventures Ltd. offered to buy the $192 million claim filed by Baha Mar Ltd. against China State Construction Engineering Corporation (CSCEC) for $250,000 immediate cash payment plus a 70/30 split of total net damages.
Racing to bring an end to polio
Racing to bring an end to polio
HUNDREDS of Rotarians and supporters turned out for the End Polio Bed Race at the Marathon Mall on Saturday.
Organised by Joanne Smith and Paul Cartwright of the East Nassau Rotary Club, the event raised about $10,000 for Rotary International's global campaign to eradicate polio, which still strikes thousands of children in four African and Asian countries.
Over a period of three hours, competit...