After serving a prison sentence in the United States, Bahamian Garvey Burrows was returned to The Bahamas and, thanks to assistance from the IOM Reintegration Project, was able to set up his own small business.
The Bahamas: Business
Dr Nicola Virgill-Rolle of The Bahamas has been elected Vice Chair of the Organization of American States (OAS) Committee on Administrative and Budgetary Affairs (CAAP) of the Permanent Council.
The Downtown Data Collection Project is set to begin on September 20 and seeks to create a single database of all businesses, services, buildings and stakeholders in the downtown community while providing information on the mix and make up of elements in the city.
A major international investor has written to trade officials suggesting that a dysfunctional judicial system should prohibit the Bahamas from obtaining full WTO membership.
Business owners and entrepreneurs attending this year’s 2010 Visionary Business Leaders and Entrepreneurs Awards Conference, slated for October 18, are being encouraged to adopt an aggressive survival mentality.
The board of the Broadcasting Corporation of The Bahamas is proposing to let go 93 employees as the BCB transitions to public service broadcasting.
Chamber of Commerce president, Khaalis Rolle, warns that full membership in the World Trade Organisation will force a “significant shift in the economic landscape of the Bahamas”.
Usman Saadat, currently the Director of Policy and Regulation, will move into his new position as CEO at the Utilities Regulation and Competition Authority (URCA) next month.
NUA Insurance Agents & Brokers has opened a third Service Centre location in New Providence on Carmichael Road, just East of Bahamas Faith Ministries.