After 18 months of construction, Albany Marina in the Bahamas will begin welcoming its first super-yachts next month.
The Bahamas: Business
Moving container shipping off Bay Street has the capacity to swiftly alter the landscape of historic Nassau, opening up vast waterfront spaces that are ideal for re-development and freeing the roads from the fumes and delays of large 40-foot tractor trailers.
Former Freeport Concrete chief executive Raymond Simpson has teemed up with his son and plans to go back into business, selling building and home supplies from the Home Centre building.
City Market has finally released its annual unaudited figures for 2010, showing the food company ended the year some $7.4 million in the red despite generating sales of just under $100 million.
A love for the arts and design led former investment analyst Monique Péan to start her own jewelry company. Now Michelle Obama wears her pieces.
Relations between the Bahamas and the People’s Republic of China are deepening, particularly in the area of trade and commerce as the Bahamas business community plans to participate in the China Import and Export Fair.
With the global recession taking its toll and delinquent loans on the rise, including those held by corporate and commercial clients, Canadian banks are having issues with the Caribbean.
Emerging cybercrimes are threatening the security confidence of the electronic banking system especially, with online banking still in its growing stages in the Bahamas.
The Bahamas Automated Clearing House will be launching a new “direct credit” system next week, which is expected to improve electronic banking in the Bahamas.