Search results for : commercial

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News Article
March 27, 2024
Residents Book Commercial Flights to Flee Haiti Amid Violence

HAITI - Efforts to set up a transitional government in Haiti have stalled as delegates struggle to choose a leader.

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News Article
March 22, 2024
GBPA showcases investor-ready commercial and residential properties

NASSAU, BAHAMAS — Executives of the Grand Bahama Port Authority are heralding a 'renaissance' in the island's economy, with a pipeline of projects worth $2 billion. During the opening of their Nassau satellite office, they showcased several 'investor-ready' commercial and residential properties. Derek Newbold, Chief Investment Officer for the GBPA, highlighted the progress made since [...]

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News Article
January 15, 2024
The Bahamas secures $500 million 10-year commercial loan via IDB guarantee

Well-known banker calls for more transparency on interest rates and guarantee conditions. NASSAU, BAHAMAS — The Bahamas has closed on a $500 million 10-year commercial loan leveraging a policy-based Inter-American Development Bank (IDB) guarantee the government has announced, with a well-known banker noting that its announcement lacked several vital details such as the interest rate [...]

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News Article
November 17, 2023
Work In Progress: Do You Need A Home-Based or Commercial License

NASSAU, BAHAMAS - Tiffaney Newman reminds entrepreneurs that the licensing process does not affect the zoning of your property.

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News Article
November 16, 2023
Blue Lagoon's commercial ferry service operation suspended pending safety review

NASSAU, BAHAMAS — The Ministry of Energy and Transport has suspended all commercial ferry services provided by Blue Lagoon Island pending a safety review.  This decision comes in the wake of a tragic boating incident off Blue Lagoon Island on Tuesday, which resulted in the death of a 74-year-old woman from Broomfield, Colorado, who was [...]

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News Article
October 13, 2023
Central Bank to engage with commercial banks to boost Sand Dollar adoption

NASSAU, BAHAMAS- The Central Bank plans to collaborate with local commercial banks as part of its 2024 engagement strategy and leverage their existing customer base to boost the adoption of the Sand Dollar in the country executives said yesterday. They also noted that in the past several, there have been discussions with the government on [...]

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News Article
September 25, 2023
Government accepts URCA's findings that third mobile operator "not commercially viable" at this time

NASSAU, BAHAMAS- The government has determined that based on recommendations from the Utilities Regulation and Competition Authority (URCA), that a third mobile operator would not be "commercially viable" at this time.  The findings were unveiled in the regulator's draft electronic communication's sector policy for 2023-2026. It was noted that under the 2020 - 2023 ECS [...]

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News Article
August 31, 2023
Clarification on Commercial Driver’s Licence Application

The Ministry of Transport & Housing wishes to advise members of the public of the proper application of the commercial driver’s licence.

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News Article
August 31, 2023
Govt clarifies commercial driver's licenses

After police announced that they are targeting operators of commercial vehicles who do not have the proper licenses, the Ministry of Transport and Housing yesterday clarified the proper application for the commercial driver's licenses and pledged to work with the Royal Bahamas Police Force to ensure that there is a full understanding of the new ...
The post Govt clarifies commercial driver's licen...

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News Article
September 10, 2010
Airplane in crash 'not insured for commercial operations'

The airplane that crashed off the coast of Grand Bahama late August was not insured for commercial operation, according to Tribune sources.

The operators of the six-seater Piper Aztec aircraft that went down in waters 26 miles off Grand Bahama did not have the proper certificates

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