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PI condo owner was ‘close’ on other deals
The former Ocean Place condo complex’s new owner yesterday said it had taken a “hard look” at several projects in the Abacos, and had come close to “a couple of deals”.
PI condo complex beats sale forecast
The owner of the former Ocean Place condominium complex on Paradise Island yesterday said it plans to bring 32 units to market by March 2016, telling Tribune Business initial sales had been “better than anticipated”.
App founders target full mobile commerce
The founders of a recently-launched mobile application which provides one-click access to commercial, Government and non-profit organisation communication channels, aim to eventually offer full mobile commerce.
VAT to raise health insurance payments $40-$100 per month
Bahamian workers could see their contributions to employer-sponsored health insurance plans increase by between $40 to $100 per month once premiums are subjected to Value-Added Tax (VAT) from July 1.
Insurers unhappy at Gov’t ‘neglect’
The Bahamas Insurance Association’s (BIA) chairman says the industry believes the Government has neglected it, as there are numerous long-standing legal and policy issues it is still battling to resolve.
PM promises developers partnership on air access
Two government ministries will support Eleuthera resort developers to ensure there is sufficient air access to the island in accord with international standards, the Prime Minister has said.
Cotton Bay developer: ‘Open up’ work permits
Prime Minister Perry Christie yesterday said the developers behind the proposed Four Seasons resort project at Cotton Bay had asked the Government to “open up on work permits”, so the development could maintain the brand’s standards.
$8.3m contract to aid Road Traffic revenue
THE Government yesterday signed an $8.3 million contract to modernise the Road Traffic Department, as it bids to improve customer service and maximise revenue.
Union leader calls for Productivity Council
A leading trade unionist has called for the creation of a tripartite National Productivity Council, arguing that the Bahamian education was “designed for students to fail”.
Education reform first step in ‘skills gap’ fight
CURRICULUM reform in the school system should be the first step in tackling this nation’s ‘skills gap’, a veteran educator arguing that the education system must shift to a model that requires all students to meet a certain standard before they can obtain a high school diploma.
‘Great Bahamian story’ if Baha Mar opens quickly
The private sector remains “hopeful” that the Baha Mar development will open later this year, a Chamber executive said yesterday, adding that the $3.5 billion project will transform into a “great Bahamian story” if its current woes can be resolved quickly.
Three-year recognition is ‘vexing’ trade unions
Union recognition is taking a “vexing” three years to complete, a leading trade unionist says, rather than the desired three months.
Industrial system frustrates unions
THERE is “no question” that the present industrial relations system is set up to frustrate the Bahamian trade union movement, as one leader renewed his call for a united labour front.
LOI controversy firm’s ‘big chance’ to revive project
The company at the centre of the Letter of Intent (LoI) controversy over its proposed $650 million waste-to-energy plant yesterday said PowerSecure International’s selection as BEC manager gives it a “huge opportunity” to revive the project.
LOI made $650m waste plant ‘political football’
The company behind the $650 million waste-to-energy proposal at the centre of last year’s Letter of Intent (LoI) controversy yesterday said it had been treated as “a political football”, which “turned a positive into a negative” and damaged its bid to secure financing.
Relays give Atlantis 4,700 nights boost
The IAAF World Relays generated 4,700 occupied room nights for Atlantis, a Cabinet Minister said yesterday, with the event attracting more than 1,400 visitors to the Bahamas.
Union shows ‘Job’s patience’ with BTC
Executives at the trade union representing the Bahamas Telecommunications Company’s (BTC) line staff yesterday said they had displayed “Job’s patience”, accusing management of stalling negotiations on a new industrial agreement.
Climate change exacerbates Bahamas’ major challenges
CLIMATE change is exacerbating the Bahamas’ challenges with food security, water scarcity and energy security, the Prime Minister said yesterday, over an issue that threatens this nation’s land mass.
Bahamasair to unveil new fleet 'within 30 days'
Bahamasair expects to unveil the "change-out" of its Dash-8 dominated aircraft fleet within the next 30 days, a move it hopes will slash maintenance and operational costs.
Long Island is ‘like nation’s step child’
Long Island feels “like the step child of the Bahamas”, its Chamber of Commerce president yesterday warning an absence of growth and infrastructure is forcing businesses to close down.
