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Hotels eyeing ‘unprecedented forward bookings’ during 2023
The Bahamas Hotel and Tourism Association’s (BHTA) president yesterday disclosed the industry is eyeing “unprecedented levels of forward bookings” for the 2023 first half and full year after December beat historical trends by 10 percent.
Police chief concern over bail decisions
POLICE Commissioner Clayton Fernander said police are looking forward to a good year working with legal officials with a view of taking individuals off the street who continue to offend and get bail.
BID is ‘missing piece’ of downtown’s puzzle
The Downtown Nassau Partnership’s (DNP) co-chair says the creation of an authority to truly manage the city is “the missing piece of the puzzle” with his group having achieved “80 percent of what we set out to do”.
100 youths enlist in guard scheme
NEARLY 100 young people from throughout the country that have enlisted in the Bahamas National Youth Guard programme are in Grand Bahama for three months of training at the Police College in Freeport.
Fiscal Council’s reports ‘not a flip of the switch’
A Fiscal Responsibility Council member yesterday said there was nothing sinister about the body’s delayed publication of two key reports, and asserted: “This is not a flip of the switch.”
‘Be careful how world eyes Freeport change’
THE GRAND Bahama Chamber of Commerce’s president yesterday warned that the Government must pay attention to how its actions are perceived by potential investors as it strives for major in Freeport’s governance.
‘All back to normal’ assures airport authority
THE chairman of the Airport Authority yesterday allayed fears of further flight delays in New Providence following delays at the airport last week and international reports of grounded flights in the United States due to computer outages.
‘Sooner the better’ over BPL base rate increase
Bahamas Power & Light’s (BPL) chief executive yesterday warned the utility’s base tariff rate must ultimately increase to offset “diminished returns”, adding: “The sooner, the better.”
Towing fare increase could heighten risks
Automotive repair shops yesterday voiced concern that the 67 percent, or two-thirds increase, in standard towing fees could prompt Bahamians to take more risky measures to move broken down vehicles.
Hayward backs bid to ‘reimagine’ GBPA
A Hayward family member yesterday pledged “an ambitious masterplan for change” to create “thousand of jobs” in Freeport as he backed efforts “to reimagine and revolutionise” the Grand Bahama Port Authority (GBPA).
Patients are warned: Brace for VAT ‘shock’
Bahamian patients were yesterday warned to brace for “a shock even at the smallest levels” as the change in VAT’s treatment of medical insurance claims payouts will further fuel already-soaring medical costs.
Businesses dreading the summer as BPL bills bite
SOME local businesses are dreading the approach of summer due to increased electricity costs.
‘Hoops for Homes’ champions emerge
BLYTHE Rolle and Kyle Rolle, of no direct relation, emerged as the upper and lower champions of the Hoops for Homes initiative that was hosted by Xavier’s Lower School Student of the Year Adrian Dean.
Insurers dismiss VAT Act ‘misinterpretation’
BAHAMIAN health insurers yesterday said “no one wants to pay an additional 36 percent on their medical insurance” from April 1, 2023, when consumers will have to bear the full VAT burden on claims payments.
Scotia: 95% gone online amid ‘lousy’ service claim
SCOTIABANK (Bahamas) will this year test mobile banking technology capable of serving all Family Islands, its top executive said yesterday, with 95 percent of customer transactions now conducted online or at ABMs.
Towing prices up – but businesses say it stops job cuts
TOWING businesses said although the recent price rise in towing services may deter some customers, it ultimately benefits business by preventing downsizing of staff.
Platinum Knights march to GB victory
PLATINUM Knights captured its fifth consecutive win in the New Year’s Day Junkanoo Parade in Grand Bahama, dominating with a lead of more than 130 points ahead of rival Superstar Rockers.
Super yacht ambitions to boost cruise port margins
Nassau Cruise Port’s chief executive is optimistic that its “super yacht destination” ambitions and full opening will significantly improve operating income margins that are currently among its parent’s lowest.
‘Settle down’ before tax crackdown tie-in
The Government should allow the corporate real estate market to “settle down” before seeking to tie Business Licence renewals to property tax compliance by commercial landlords, a prominent realtor argued yesterday.
West Bay Street development’s rental rates 20% above target
A residential West Bay Street development was yesterday said to be more than 95 percent sold with rental rates some 20 percent higher than projected.
