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Aliv: Third mobile player will damage consumers
Aliv is urging regulators to stop viewing the mobile market as “silos” in its approach to over-the-top (OTT) services such as What’s App, while warning that permitting a third market entrant could undermine investment in 5G technology.
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BISX-listed Fund ‘stabilises’ with commitments for $8m
The BISX-listed Bahamas Property Fund has “stabilised” occupancies and rental rates at its flagship property “for the first time” in almost a decade amid expectations its current $8m capital raise will be fully subscribed.
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Disney triples construction workforce promise to 300
Disney Cruise Line yesterday revealed it is near-tripling the number of construction jobs created by its Lighthouse Point project to 300 amid hopes that Eleuthera can attract up to $1bn in total investment over the next decade.
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‘Lord knows’ Freeport requires tourism scale
An ex-tourism minister yesterday voiced optimism that the Grand Lucayan’s sale will be the “catalyst” that builds scale by luring other resort developers to Freeport, adding: “Lord knows Grand Bahama needs it.”
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Five weeks of rising COVID cases in region
FOR the past five consecutive weeks the Caribbean has experienced a rise in new COVID-19 infections, according to Pan American Health Organisation Director Dr Carissa Etienne yesterday.
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$1BN BLACK HOLE OF UNPAID TAXES: Inland Revenue reveals scale of outstanding arrears by Bahamians
The Government’s top revenue agency yesterday revealed that “unacceptable non-compliance” by Bahamian taxpayers had resulted in the build-up of $1bn in outstanding tax arrears that it was now aggressively pursuing.
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What future for little-used Ayton?
DEANDRE Ayton played sparingly in his Phoenix Suns’ worst playoff loss in franchise history which prompted many to revisit a lingering and unresolved contract negotiation between the team and its former no.1 overall pick.
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STATESIDE: A different kind of politician for Washington
JOHN Fetterman doesn’t look like a Washington politician. And that’s an understatement.
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$10M IN FUNDING ‘VANISHED’: Prime Minister claims NGOs have not submitted accounts
PRIME Minister Philip “Brave” Davis said two non-governmental organisations have not submitted records to give an account of the combined more than $10m they received from the former Minnis administration under its national food programme.
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Reform pensions now - or elderly will be left with nothing
The International Monetary Fund warns that a “significant” share of the elderly would be without pensions if reform to the pension system is not dealt with immediately.
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DIANE PHILLIPS: What it takes to breathe new life into historic Nassau
PARTS of this column first appeared nearly five years ago. Sadly, it remains all too relevant. The Tribune has agreed to re-run it today at my request in light of the Davis administration’s commitment to rescuing and resuscitating the historic city of Nassau.
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‘No more blight’ on Rum Cay’s revival
A Supreme Court judge says it is “difficult to digest” that the Prime Minister’s Office would assert a 15-acre Rum Cay land parcel was Crown Land when this totally contradicted evidence from the Government’s own surveyors.
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Judge: ‘Difficult to digest’ Gov’ts Rum Cay claims
A Supreme Court judge says it is “difficult to digest” that the Prime Minister’s Office would assert a 15-acre Rum Cay land parcel was Crown Land when this totally contradicted evidence from the Government’s own surveyors.
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Retailers in pick-up for Mother’s Day
Florists and gift shops yesterday said they have been receiving “plenty of orders” with Mother’s Day fast approaching, adding that business volumes were holding up well compared to pre-COVID figures.
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Make San Salvador World Heritage site
A Ministry of Tourism executive yesterday urged The Bahamas to “lobby in earnest” for the entire island of San Salvador to be designated a UN World Heritage Site, adding that this typically boosted business volumes by 8-15 percent.
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Ten percent rise in construction costs predicted this year
The Bahamas Contractors Association president said that rising shipping costs will continue to drive construction materials prices higher this year by ten percent at least.
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Reclassification brings COVID death tally to 810
THE Ministry of Health and Wellness has clarified that COVID-19 deaths have not increased as the country battles its latest surge of infections.
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Pintard: Govt needs to speak with one voice on VAT
FNM leader Michael Pintard says the government needs to clarify its position at the cabinet level on reducing Value Added Tax (VAT) on breadbasket items.
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Demand leaves chicken farmer short on supplies
An Abaco poultry farm yesterday said it is “selling out” of chickens as demand has the farm “running out of supplies every month”.
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‘I struggled with breadbasket VAT decision’
ENGLERSTON MP Glenys Hanna Martin admitted yesterday that she struggled with the Davis administration’s decision to return value added tax to breadbasket items, adding that she hoped all food items would be free of the tax one day.
