Local Business


Doctors to drop NHI pay moan ‘within three years’

A Canadian healthcare expert yesterday predicted that Bahamian doctors will drop their opposition to National Health Insurance’s (NHI) preferred payment mechanism “within three years”.

NHI ‘can’t wait’ for public health system reforms

The Bahamian public health system’s many flaws cannot be fixed “immediately”, the Government’s advisers conceded yesterday, as they expressed confidence that a “silent majority” of private doctors were willing to sign on for National Health Insurance (NHI).

Freeport ‘depopulation’ fear over resort closures

The FNM’s deputy leader yesterday expressed fears that Grand Bahama would again “depopulate” due to uncertainty surrounding its major hotels, as Memories’ parent denied claims it was pulling out.

Bahamas can ‘leapfrog’ rivals on health reforms

The proposed National Health Insurance (NHI) scheme has put the Bahamas “in a privileged position” of being able to “leapfrog” rival jurisdictions on implementing universal health coverage, the Government’s advisers said yesterday.

Govt to address Business Licence ‘double tax’ woe

The Government has promised to address the Business Licence double taxation “anomaly” identified by the construction industry, the Chamber of Commerce’s chief executive said yesterday.

NHI ‘waiting lines’ if costs exceeded $400m

Bahamians faced “waiting lines” for treatment under the initial National Health Insurance (NHI) model if costs went beyond the $400 million that the Government already spends on healthcare, Tribune Business can reveal.

Baha Mar marketing ‘kick-in’ awaits hotels, promotion, team hires

Baha Mar’s marketing will “kick in” once it has finalised agreements with its hotel brand operators and appointed its own promotional team, Tribune Business was told yesterday.

Opposition: Baha Mar opening date is ‘quid pro quo’

Opposition politicians yesterday queried whether the timing of Baha Mar’s April 21 opening is “a quid pro quo” for the Government’s role in helping China to oust the original developer, Sarkis Izmirlian.

FNM deputy challenge to private cruise port model

The FNM’s deputy leader yesterday challenged the Bahamas’ private island cruise port development model, arguing that those located on remote cays would generate “limited” benefits for Bahamians.

As well as it should’ in maximising FDI

Exuma has “not done as good a job as it should” in preparing residents to maximise the benefits from major investment projects such as the upcoming $200 million Children’s Bay development, its Chamber of Commerce president said yesterday.

Baha Mar receives 4,500 job resumes

Describing the response to Baha Mar’s recruitment drive as “overwhelming”, a senior executive yesterday told Tribune Business that more than 4,000 resumes had been received by the resort project in the past two days.

Healthcare takes a ‘giant leap forward’

The Minister of Health yesterday said healthcare modernisation had taken a “giant leap forward” through the implementation of an $18.4 million Integrated Health Information Management System (IHIMS).

$100m NHI budget ‘isn’t much money’

The $100 million budget for National Health Insurance’s (NHI) primary care phase “isn’t much money”, the Medical Association of the Bahamas (MAB) president says, as he warned the Government it must “compromise” with the private sector.

1,000 resumes on first recruitment day for Baha Mar

Baha Mar yesterday received “in excess of 1,000” resumes from job seekers as the first wave of hiring kicked-off for the previously stalled $3.5 billion resort.

BISX-listed fund: 10% pt rental rise is ‘dividend trick’

The administrator for the BISX-listed Bahamas Property Fund yesterday said a 10 percentage point increase in average occupancy rates would “be the trick” to unlocking long-awaited dividend payments.