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Over 100 Out Island firms aided by $30m BDB facility
The Bahamas Development Bank’s (BDBs) $30m loan facility is projected to benefit more than 100 Family Island businesses.
‘Coming home’ to boost critical mass in Freeport
A CABINET minister has unveiled the ‘Coming Home’ initiative designed to attract Grand Bahamians to return home and exploit the island’s touted $2bn investment project pipeline.
Nassau/PI beating forecasts after ‘hair raising’ crime woe
NASSAU/Paradise Island resorts were yesterday said to “all” be beating expectations heading into the peak Easter weekend as the sector rebounds from the “hair-raising” crime alert fall-outs.
Property tax pace 20% up amid ‘over aggressive’ fear
Real property tax collections are pacing 20 percent ahead of the previous record year, the Government’s top finance official disclosed yesterday, as he predicted it will be “very close” to its full-year deficit target.
Bahamasair industrial deal raises pilot retirement age
Bahamasair and its pilots have agreed to raise the latter’s retirement age to 65 to alleviate any fears of labour shortages as part of Friday’s $500,000 industrial agreement.
Aviation dedicated to address FAA concern
THE Government’s aviation director yesterday said the industry is “totally committed” to addressing deficiencies that may arise from an inspection by US regulators as they await the final findings.
Aviation chief hails sector’s positive ‘industrial climate’
THE Government’s aviation director yesterday hailed the positive “industrial climate” with trade unions in the sector.
Second sky dive provider now seeks CAAB permits
THE company behind the Grand Bahama sky diving demonstration is different from a separate entity that has voiced repeated frustrations over its inability to obtain the necessary licences.
Sand Dollar option for payroll at Kamalame Cay
PRIVATE island destination Kamalame Cay has turned to digital payments for part of its payroll.
‘Desperate need’ to update Securities law
REGULATORS have argued that the main law governing the Bahamian capital markets’ regulatory regime needs to be modernised to account for 13 years of change.
AG blasts ‘utter foolishness’ of France’s Bahamas blacklisting
The Attorney General has slammed France’s decision to keep The Bahamas on its national tax blacklist as “complete and utter foolishness”.
‘RBDF set to guard mass migration from Haiti‘
DEFENCE Force Commodore Raymond King said the Royal Bahamas Defence Force has established a blockade in the south-eastern Bahamas to guard the country’s borders against possible mass migration from Haiti.
Ministry of Housing looking to redevelop abandoned homes into affordable housing
HOUSING Minister Keith Bell said his ministry wants to introduce a pilot programme to redevelop abandoned properties and transform them into affordable housing areas.
PM: ‘Fundamentals’ of BPL deal now agreed
THE Prime Minister last night said “the fundamentals of the deal” to outsource Bahamas Power & Light’s (BPL) management are agreed amid pledges the deal will take the utility to a “gold standard”.
50% 'grease the wheels' bribe findings accurate
The Bahamian Contractors Association's (BCA) president says findings that almost half of firms seeking construction permits are asked, or expect, to pay a bribe are "accurate" amid a "grease the wheels" culture.
Regulators standing firm over tougher consumer protection
REGULATORS have held firm over plans to slash the time for communications industry operators to resolve customer complaints, wrongful disconnections and new serve installation despite industry push back.
‘Catching hell’: Air traffic controllers face challenge
BAHAMIAN air traffic controllers have been “catching hell” over system upgrades that were implemented during the weekend, their union president has asserted.
TROOPS TO HAITI PLAN ON HOLD AMID CHAOS: Munroe says deployment uncertain with absence of leadership in nation
NATIONAL Security Minister Wayne Munroe said the future of the proposed multinational security mission to Haiti – which Royal Bahamas Defence Force officers have been preparing for months – is uncertain after Kenya halted its plans to lead the mission.
GAIN AN EDGE – Sophia Walker: BTVI helping to boost and enhance employment skills
IT has been over ten years since Sophia Walker began serving on Programme Advisory Committees (PAC) of the Bahamas Technical and Vocational Institute (BTVI).
BTC union anger erupts on manager dismissals
The Bahamas Telecommunications Company’s (BTC) top executive yesterday said there will be times when the carrier and its two trade unions "vigorously disagree" amid demonstrations over staff terminations.
