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Jeffrey Beckles

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Chamber chief: 50% of firms not totally insured

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.

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Business braces to count the cost of Dorian

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

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Port development 'must bring life to downtown Nassau'

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

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Energy tax breaks urged amid ‘double whammy’ concern

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).

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Minimum wage can't be raised 'in vacuum'

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

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BPL crisis ‘torturous’ for key retail season

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.

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Chamber chief: 'No downside' to Customs system

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

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Business 'baffled' over insufficient reform progress

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

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BPL crisis: What else can we say?

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”.

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'No more taxation pins and needles'

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

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Bahamians told: Don't view WTO as 'destination'

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

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Govt urged: ‘Fortune favours the brave’

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.”

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'Gone cold': Fate of Development Plan concerns

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.

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'Critical surgery' for Bahamian economy

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.

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Chamber chief: ‘We can’t settle for 2.1% GDP rise’

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.

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Investment fears on work visa plan

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.

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‘Don’t tax us into oblivion’ on public pension deficit

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.

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Illegal foreign salesmen chamber’s ‘top concern’

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.

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Where ‘rubber meets road’ on tourism growth

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.

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NHI: ‘We’re going where no man has gone before’

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.”

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Don’t cut spending ‘too far’, govt told

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”.

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US warnings ‘threaten core of our existence’

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”.

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Port revamp ‘must run parallel’ to Bay St revival

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.

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$70m funding gap in ‘worst case’ on NHI

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.

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