February 4, 2019
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Consumer confidence in Bahamas Power & Light (BPL) will not be rebuilt overnight, the private sector warned yesterday, even though its “no more load shedding” pledge could be the best Christmas gift.
Subscriptions to the Canton Fair-China Export and Import Fair 2020 being organised by the Chamber of Commerce and Employers Confederation is low, says chief executive Jeffrey Beckles.Mr Beckles said that he feels that everyone is currently pre-occupi
There are significant opportunities following Hurricane Dorian, says Chamber of Commerce and Employers Confederation chief executive Jeffery Beckles.Mr Beckles said while Dorian has inflicted serious damage, it has also provided significant opportuni
Abaco can become “uniquely distinct” as the Caribbean “model” for how storm-ravaged communities are rebuilt, the Chamber of Commerce’s chief executive argued yesterday. Jeffrey Beckles told Tribune Business that Hurricane Dorian’s devastation had “p
The Chamber of Commerce’s chief executive yesterday underscored the difficulties in recovering from Hurricane Dorian by revealing that around 50 percent of storm-hit businesses were not fully insured.
THE business community is in a ‘heightened’ state of concern over the potential affect of Hurricane Dorian according to Bahamas Chamber of Commerce and Employers Confederation (BCCEC) chief executive Jeffrey Beckles, noting that, “hurricanes are a pa
BAHAMAS Chamber of Commerce and Employers Confederation’s (BCCEC) chief executive, Jeffrey Beckles, yesterday stressed that a commitment to Bahamian ownership and involvement in the Nassau cruise port redevelopment is “critical”, adding Bahamians mus
The government was last night urged to swiftly grant tax breaks for the importation of generators and solar systems to mitigate a “double whammy” from Bahamas Power & Light (BPL).
The minimum wage cannot be increased “in a vacuum”, the Chamber of Commerce’s chief executive warned yesterday, with the “ramifications” for the private sector requiring careful study.Jeffrey Beckles told Tribune Business that The Bahamas needed to m
Back-to-School retailers face being stuck with excess inventory, and lost sales opportunities, as a result of Nassau’s energy crisis, the Chamber of Commerce’s top executive warned yesterday.
The Chamber of Commerce’s chief executive says “there’s really no downside” to Customs’ new digital system, but called for “patience” as all parties go through their “learning curve”.Jeffrey Beckles, urging the private sector to stay the course over
The private sector is “baffled” by the seemingly “insufficient action” to address The Bahamas’ ease of doing business woes, the Chamber of Commerce’s chief executive warned yesterday. Jeffrey Beckles told Tribune Business that the government and pri
The Chamber of Commerce’s chief executive yesterday said there is “not much else to say” over the Bahamas Power & Light (BPL) crisis other than “hope resolution is in sight”.
Chamber of Commerce executives have called for “substantive dialogue” with the government on the future of Bahamian taxation to avoid companies being left “sitting on pins and needles”.Jeffrey Beckles, the chamber’s chief executive, told Tribune Busi
Bahamians must not view World Trade Organisation (WTO) membership as the “end destination” but rather “one tool” for achieving essential reforms, Chamber of Commerce executives are urging.Jeffrey Beckles, the Chamber’s chief executive, and Darron Pic
The private sector yesterday warned the Government it is rapidly “running out of time” to develop a much-needed structural economic reform strategy, urging: “Fortune favours the brave.”
Chamber of Commerce executives yesterday voiced concerns that the National Development Plan (NDP) has "gone cold" and left The Bahamas without a road map to higher growth.
The Bahamas "must perform critical surgery on our economy" to return to the 3 percent-plus average GDP growth enjoyed pre-recession, the Chamber of Commerce's chief executive said yesterday.
The Bahamas must “challenge itself” to achieve higher GDP growth rates than the 2.1 percent expansion projected for 2019, the Chamber of Commerce’s chief executive has urged.
Requiring seven-year work permit holders to leave The Bahamas for one year before an employer can reapply for their return is “not investment positive”, the government has been warned.
The government “cannot tax Bahamians into oblivion” to cover its multi-billion dollar public sector pension deficits, the Chamber of Commerce’s chief executive warned yesterday.
The government’s “short-term work visa” reforms have revived fears among local retailers and distributors about the ability of unregistered foreign salesmen to steal their business.
The “true testament” of The Bahamas’ record tourism growth will be whether it translates into increased economic impact and jobs, a top Chamber of Commerce executive said yesterday.
The Chamber of Commerce’s top executive yesterday said it was “critical” to get National Health Insurance (NHI) right first time, adding: “We’re going where no man’s gone before.”
Private sector leaders yesterday warned the government not to “go too far” with its planned $130m spending cuts, pointing out that 40 years of fiscal woe “can’t be undone in three years”.
The Bahamas “must do everything in our power” to combat US crime advisories, the Chamber of Commerce’s chief executive warning yesterday: “It threatens the very core of our existence”.
The revival of Nassau’s cruise port and downtown “must run in parallel”, the Chamber of Commerce’s chief executive urged yesterday, and reverse the slide in passenger experience.
Employers may have to fill a $70m funding gap if the “worst case scenario” for National Health Insurance (NHI) becomes reality, the Chamber of Commerce’s top executive revealed yesterday.