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$85.3 mil. in govt revenue from cruise port next year
The government of The Bahamas is projected to rake in revenue of $85.3 million next year as a result of the redeveloped Nassau Cruise Port Ltd. (NCP), up from $72.3 million in revenue in 2019, according to numbers released yesterday by NCP.
Bahamian rocket scientist lands US contract worth almost $1B
Bahamian rocket scientist and entrepreneur Aisha Bowe has landed an almost $1 billion contract with the US government's National Geospatial-Intelligence Agency (NGA), according to an article on the website of media company Black Enterprise.
Munroe says he was not prepared to work with prison chief
In a new court filing, Minister of National Security Wayne Munroe has outlined events he said led to a decision within days of the change in government in September 2021 to place Commissioner of Corrections Charles Murphy on administrative leave, including what he contends was Murphy's inability to provide an update on COVID-19 protocols at the prison.
Consumer Protection Bill 2023 addresses rapidly evolving consumer needs in the digital era, providing better protection for Bahamian consumers, said Prime Minister Davis
During his Communication on the Consumer Protection Bill of 2023, Prime Minister and Minister of Finance the Hon. Philip Davis termed it a “significant piece of legislation” designed to enhance the rights of consumers across The Bahamas.
Three Students Take Top Prizes in Inti Environmental Essay Competition, Environment Minister Participates in Naming Inti Environmental Youth Ambassador
Two high school students and one University of The Bahamas student who inked the link between renewables and climate change walked away with honours and cash prizes today with the top winner being named the first ever Inti Environmental Youth Ambassador following Inti Corporation’s Environmental Essay Contest.
Chamber: CIT must go hand in hand with business license fee reform
Bahamas Chamber of Commerce and Employers Confederation (BCCEC) Chairperson Khrystle Rutherford-Ferguson said yesterday that the proper implementation of corporate income tax in The Bahamas must go hand in hand with the reformation of the business license process and other forms of taxation.
Bell: Private sector help needed as labor, immigration law changes mulled
The Ministry of Labour and Immigration is asking for the help of the private sector to determine the way forward for a number of legislative changes being considered, Labor and Immigration Minister Keith Bell said yesterday during the Bahamas Chamber of Commerce and Employers' Confederation's Power Breakfast at Margaritaville resort.
Bahamas sees 50% increase in visitors from affluent Latin American markets
Air tickets data from leading travel analytics firm ForwardKeys shows a 50 percent increase in travelers from affluent Latin American markets during the first quarter of 2023.
$250mm Marketing Director Matt Marco Takes on New Post, New Concept in High Net Worth Clientele Service at BOND Real Estate
Highly successful Marketing and Sales Director Matthew Marco joins BOND Bahamas, a boutique real estate firm aimed at transcending the transaction to play a broader and more critical role in high net worth clients’ property investments portfolios.