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Phones ‘ringing off hook’ for Thanksgiving rooms
Phones are “ringing off the hook” for one Family Island hotel which is already fully booked for the upcoming Thanksgiving holiday weekend, its proprietor said yesterday.
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Realtor questions VAT break for ‘rich’ buyers
A realtor yesterday questioned why the Government is effectively giving a break to “rich” overseas real estate buyers while raising VAT on the poor by taxing ‘breadbasket’ food items again.
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BPL fuel hedge among ‘first issues’ for Board
Bahamas Power & Light’s (BPL) fuel hedging strategy will be continued beyond its June 2022 end, a Cabinet minister promised yesterday, although there may be some adjustments.
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‘Not a dollar back’ in tax arrears deal
An Abaco district council is hoping “the third time” is a charm in persuading the Government to honour an agreement where it has “not got a dollar back” from unpaid taxes it has recovered.
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‘Rolling with the punches’ over retail make or break
A Bahamas Federation of Retailers co-chair yesterday reiterated that the Christmas shopping season will be “make or break” for many merchants, adding: “We’re just rolling with the punches.”
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Bad weather may ‘knock 10-15% off’ for marinas
The Association of Bahamas Marinas (ABM) president yesterday voiced fears that anticipated bad weather may “knock 10-15 percent off” visiting boater traffic this Thanksgiving holiday.
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Gas stations seek margin rise: ‘Our backs are against the wall’
Gas station operators have their “backs against the wall” after returning to 24/7 operations due to the continuing wait for an increase to their price-controlled margins.
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Just 72% of vendors back to Straw Market
Just 72 percent of straw vendors are returning to the re-opened Bay Street facility, it was revealed yesterday, representing a 140-person decline from pre-COVID levels.
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Wage move ‘soon’
A REASONABLE “workable” wage for Bahamian workers is “coming very soon”, according to Immigration and Labour Minister Keith Bell.
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EDITORIAL: Can 150-year Royal Caribbean deal be changed?
IT IS interesting to see the Davis administration leap into action over the Royal Caribbean lease of Crown Land on Paradise Island.
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Aliv: ‘Honeymoon period’ now over
Aliv’s top executive yesterday warned that “the honeymoon period” is over despite service revenues enjoying four successive month-over-month increases to hit $5m for October.
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Virgin ‘pacing ahead’ of Bahamas route forecast
Virgin Atlantic’s just-launched Bahamas route is already “pacing ahead” of forecast business volumes for its first six months, the country’s top tourism official said yesterday.
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‘Get off sidelines’ on $200m raises
Investors were yesterday urged to “put capital to work” for The Bahamas to escape a post-COVID slump as more than $200m worth of projects prepare to come to market in 2022.
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10th Battle 4 Atlantis tips off at Imperial Arena
HEAD coaches of several of the top NCAA Division I men’s basketball programmes in America had a similar message for their players headed into the 2021 Battle 4 Atlantis - enjoy the amenities of the Atlantis resort and what the Bahamas has to offer, but treat the star-studded tournament like a “business trip.
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Aliv chief: Mobile market too small for third entrant
Aliv’s top executive yesterday said the Bahamian mobile market is too small to “warrant” licensing a third operator to compete with itself and the Bahamas Telecommunications Company (BTC).
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Deputy PM: Ministry committed to maximising Junkanoo Beach's full potential
TOURISM, Investment and Aviation Minister Chester Cooper has pledged to enhance and upgrade infrastructure on Junkanoo Beach.
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Port: No tariff increase as income jumps 48%
Nassau’s major commercial shipping port has no plans to increase tariffs “in the near term”, its top executive has affirmed, after operating income increased by $1m in its 2022 first quarter.
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Resorts now await Thanksgiving feast
Two Bahamian resorts have provided further evidence of the industry’s post-COVID rebound by disclosing they are “100 percent” occupied, and “beating 2019 numbers”, for Thanksgiving.
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PHA launches investigation into complaint after death at PMH
THE Public Hospitals Authority has launched an investigation into a recent complaint that alleged negligence caused the death of a woman being treated at the Princess Margaret Hospital.
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‘I’m the man to lead FNM’
WITH one day left until the Free National Movement’s leadership convention, the three contenders vying for the party’s top post are urging party members to turn out in a show of support, all insisting they are the best choice to lead the organisation.
