The government yesterday sprang to the defence of its renewable energy taxation policies by revealing that $2.21m worth of solar systems had entered The Bahamas duty-free since July.
THE prime minister yesterday said fears that Freeport’s two mega cruise ports pose a threat to Nassau “make absolutely no economic sense” and are “devoid of facts”.
A senior Ministry of Finance official yesterday said modernising the government’s use of data is critical to ensuring The Bahamas meets its national development goals.
THE Bahamas Taxi Cab Union’s (BTU) president yesterday said that changing the “system” at Prince George Wharf is the “first step” towards revamping the industry’s image.
The Nassau/Paradise Island hotel industry has “rebounded with gains not seen for ten years”, it was revealed yesterday, as room revenues closed 2018 up 34 percent year-over-year.
Solar energy providers yesterday urged the government to clarify “random and inconsistent” tax policies that are threatening “to kill an infant industry before it gets a foothold”.
The Clearing Banks Association’s (CBA) chairman yesterday said the sector would have “no objection” to web shops setting up a Bahamian dollar “co-operative” to resolve their banking woes.
Cruise passenger arrivals to Nassau as a “first port of entry” fell by more than 40,000 persons in 2018, it was revealed yesterday, just as Cabinet was debating who should get the port deal.
The company that gave life to the government’s Grand Bahama “technology hub” ambitions yesterday denied making any one-shot lay-offs while admitting business was “slower than expected”.
A CABINET minister yesterday voiced optimism that Commonwealth Brewery’s creation of 30 new posts would minimise recently-unveiled job losses to a “net” 43.
THE ATTORNEY general yesterday blamed the former Christie administration’s inaction for The Bahamas’ being branded a “high risk” financial crime jurisdiction by the European Union (EU).
A Cabinet minister yesterday said the government was “very concerned” that Morton Salt and its line staff union swiftly “reach a settlement” to end ongoing industrial tension in Inagua.
A former Bahamas Bar Association president has urged this nation to switch to the Caribbean Court of Justice (CCJ) as this nation’s final judicial forum of appeal.
COMMONWEALTH Brewery yesterday said a tough economy and competitive pressures from cheaper rival beers had forced it to terminate 73 staff within its 700 Wines & Spirits retail unit.
Customs is moving to ensure the one-time registration for its new automated system is as “efficient and seamless” as possible following multiple complaints of delayed import clearances.