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May 01, 2024
Insurer warns that customer rates unlikely to drop soon due to reinsurance cost hikes
NASSAU, BAHAMAS — A major property and casualty insurer has warned that customer rates are "unlikely to reduce in the near future" as limited reinsurance capacity has led to hikes in reinsurance costs impacting customer rates. Alison Treco, Executive Chair of the BISX-listed Bahamas First Holdings Group told shareholders in the company's quarterly report on [...]
Will Natural Gas Bring the Cost of Electricity Down?
April 26, 2024
Will Natural Gas Bring the Cost of Electricity Down?
NASSAU, BAHAMAS - The Natural Gas Bill 2024 looks to create a framework where liquified natural gas activities are "performed in a safe, efficient, effective, economic and environmental manner."
April 19, 2024
Trade Commission eyeing direct import route to slash costs by 20 percent
NASSAU, BAHAMAS — The Chairman of the Bahamas Trade Commission said that efforts are underway to eliminate the middle process and ensure that goods can come directly from major export countries to Grand Bahama and then directly to the islands of The Bahamas, which he said could reduce the cost of goods by 20 percent. [...]
Restoring Rand after storm will cost 19m
September 25, 2019
Restoring Rand after storm will cost 19m
IT WILL cost roughly $19m to return Rand Memorial Hospital in Grand Bahama to working condition following Hurricane Dorian, Health Minister Dr Duane Sands revealed yesterday.
March 08, 2024
BCCEC: NIB rate hike necessary but could increase the cost of doing business
BCCEC says rate increase necessary but regrettable action not taken sooner NASSAU, BAHAMAS- The Bahamas Chamber of Commerce and Employers Confederation (BCCEC) has expressed concern that the increase in the National Insurance contribution rate announced in Parliament on Thursday will possibly increase the cost of doing business in the country, noting that it was regrettable that [...]
February 16, 2024
Small Home Repairs Program To Now Cost Government $5Million
NASSAU, BAHAMAS -Initially tapped at three million dollars, Press Secretary in The Office of The Prime Minister Keishla Adderley says now The Small Home Repairs Project is set to cost five million dollars.
Malcolm: Increase in cost of bank services likely
September 29, 2017
Malcolm: Increase in cost of bank services likely
Bahamians are likely to see their banking experience become more expensive over the next few years, former Scotiabank Managing Director Barry Malcolm told Guardian Business, revealing that there are also likely to be alternative banking solutions available to Bahamians very soon that will compete with [...]
The post Malcolm: Increase in cost of bank services likely appeared first on The Nassau Gua...
February 02, 2024
WSC manager claims she was asked, 'What ways can we find to increase costing?'
A SENIOR manager at the Water and Sewerage Corporation (WSC) claimed in court yesterday that Adrian Gibson asked her how the corporation could increase the cost of maintenance contracts awarded to companies he allegedly ordered to be contracted.
Doctors Hospital and Health City Cayman Islands arrangement to streamline and reduce off-island care cost
February 01, 2024
Doctors Hospital and Health City Cayman Islands arrangement to streamline and reduce off-island care cost
NASSAU, BAHAMAS — Doctors Hospital executives yesterday lauded the collaboration with Health City Cayman Islands as a "transformative" arrangement aimed at reducing costs and streamlining off-island care for Bahamians, thereby establishing a lower price point for complex medical services that have been traditionally undertaken in South Florida. Dennis Deveaux, the BISX-listed healthcare provider...
January 17, 2024
Auto dealers pushing for price control relief amid burden of rising business costs
Industry sees major rebound in 2023, but bemoans price controls NASSAU, BAHAMAS — The President of the Bahamas Motor Dealers Association (BMDA) yesterday lamented the burden of rising business costs and underscored the industry's ongoing efforts to seek relief from price controls, citing these challenges as impediments to growth. "We fall in the category of [...]
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