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PM: I wanted to hold off longer over BPL
The Prime Minister yesterday admitted he had wanted to hold-off on up to 163 percent increases in Bahamas Power & Light’s (BPL) fuel charge for longer to give struggling Bahamian families more time to rebound from COVID-19.
IAN FERGUSON: The human touch in small business
More than 80 percent of Bahamian businesses do not have the benefit of on-staff human resources professionals. Literally thousands of Bahamians are operating without a buffer between them and management.
‘Kino’ Burrows continues to assist the local players
THROUGH his Raw Talent Sports Company, professional basketball player Jaraun ‘Kino’ Burrows continues to open doors for more talented young Bahamians to follow in his footsteps in achieving their dreams of playing at the next level in the sport.
BOB imposes ‘heavy penalties’ on early building loan payouts
Bank of The Bahamas is imposing “heavy early repayment penalties” on construction mortgages in a bid to dissuade borrowers from treating such loans as a “bridging” facility to its detriment.
Hotels fear BPL hikes set to ‘derail’ rebound
Bahamian hotels yesterday warned that Bahamas Power & Light’s (BPL) planned fuel charge hikes of up to 163 percent have caused “outright anxiety” in the sector and could “derail” the post-COVID return to financial viability.
EU blacklist threat to insurance costs
The Bahamas’ imminent ‘blacklisting’ by the European Union (EU) has sparked fears that increased local insurance rates, and a drastic reduction in the availability of coverage, will be among the repercussions for this nation.
STORM FALL-OUT TO HIT BUILDING MATERIALS: Warning that Florida’s post hurricane reconstruction will impact prices and availability in The Bahamas
Bahamian contractors yesterday warned it is “inevitable” that Florida’s post-Hurricane Ian reconstruction will hit building material prices and availability here as local inflation was revealed to have hit 7 percent.
BPL eyed 58% lower costs than fuel hike
Bahamas Power & Light (BPL) was on target to lock-in fuel costs “through March 2024” that were up to 58 percent less than the skyrocketing increases unveiled by the Government yesterday, documents have revealed.
