The Grand Lucayan’s chairman yesterday said he is “aiming” to finalise voluntary separation packages for 227 staff by week’s end, after “substantially” narrowing differences with the unions.
A senior civil servant has “unequivocally” warned that all government ministries are failing to properly manage and develop personnel, and have “major room for improvement” in both areas.
The Chamber of Commerce’s chairman yesterday expressed optimism that “reason will prevail”, giving the Government a vote of confidence in its ability to prevent further industrial unrest.
GOVERNMENTS must start “divesting” their interest in state-owned utilities, an ex-Water & Sewerage general manager urged yesterday, with progress often stifled by changing administrations.
A Bahamas-based financial institution has celebrated its fifth anniversary with the inauguration of its financial centre to show its belief this nation can become a “top five” financial centre.
Almost one-third of CIBC First Caribbean’s $1.8bn in financing for regional infrastructure projects over the past three years has gone to energy utilities in The Bahamas and elsewhere.
Continuing industrial unrest in the Bahamian healthcare sector underscores the need for this nation to “retain, regain and increase” workforce talent so it can realise its Universal Health Care (UHC) ambitions.
CARIBBEAN COUNTRIES must combine “hard infrastructure” with increasing the “resilience” of the natural environment to combat natural disasters, a Bahamian engineer said yesterday.
The Government and web shops will resolve their dispute over the industry’s “sliding scale” tax structure in the courts, it was revealed yesterday, despite making progress on the “patron tax”.
Trade union leaders yesterday warned the prime minister he has a month to resolve multiple labour disputes otherwise “he’s going to have a national strike on his hands”.
The hotel union will “not talk for much longer” in seeking a resolution to its dispute with Atlantis, its president yesterday pledging: “We won’t allow them to dictate to us.”
The prime minister was yesterday urged to ensure Bahamians “have first rights” on all outsourcing opportunities at the Bahamas Telecommunications Company (BTC) if downsizing continues.
Stopover tourist visitors to The Bahamas increased by 7.4 percent over the first three quarters of 2018 with the Central Bank forecasting “continued economic strengthening” through year-end.
CIBC FirstCaribbean has been named The Bahamas’ Bank of the Year for the third straight year.
DEVELOPERS behind the mixed-use Jack’s Bay resort community in Rock Sound, Eleuthera, believe it will “stand out” in the marketplace similar to an Albany or Baker’s Bay.