The Bahamas: Business

9 years ago

Baha Mar Resolution Debate On Hold

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Due to Baha Mar’s outstanding loan with the Bank of Nova Scotia the government of the Bahamas has temporarily halted the resolution debate regarding the work permits for the $2.6 billion Cable Beach project.

9 years ago

Bahamian Businesses Failing

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Small and medium-sized businesses in the Bahamas are estimated to be failing at a rate of five per week and that their contribution to the gross domestic product (GDP) of the Bahamas has dropped.

9 years ago

BUT Head Promises To Stop Fighting

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Amidst controversy and bitterness newly-elected and reinstalled president Belinda Wilson promised to bring an end to the ongoing fighting within the Bahamas Union of Teachers.

9 years ago

Multi-Million Walker’s Cay Deal In Jeopardy

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Negotiations for the purchase of the Walker’s Cay resort have come to a standstill, with the primary bidder claiming that the seller is making the process to close the deal on the multimillion dollar project more difficult.

9 years ago

South Ocean Time Share Owners Getting Shafted

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With all the corruption and legal wrangling over the arbitration award and verdict, the two protagonists – Plainfield and Mr Stein/RHS Ventures – along with the jilted time share owners, remain in “limbo”.

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