Some fishermen ‘shut it down’ following Irma
BAHAMIAN fishermen are hoping to “make up” for a rough 2017 with a better crawfish harvest before the season closes, the Bahamas Commercial Fishers Alliance’s (BCFA) president said yesterday.
Gov’t to tackle mail boat concerns ‘in earnest’
A CABINET minister yesterday said he has committed to a “sit down” with mail boat operators after Christmas to address “in earnest” industry concerns.
Bahamas ‘on probation’: 17-step action plan cure
The Government has detailed a 17-step ‘action plan’ to strengthen the Bahamas’ anti-money laundering regime, with a top regulator describing this nation as “on probation” over increasing weaknesses.
Bahamians urged: Show ‘more ‘outrage’ over financial crimes
BAHAMIANS were yesterday urged to show “more outrage” over financial crime and poor business practices, a prominent cleric arguing that these had become “entrenched in our culture”.
AML Foods closes Carl’s Jr franchise
AML Foods has decided to pull the plug on its Carl’s Jr franchise and close all three outlets, Tribune Business confirmed yesterday, although no job losses will result.
‘Don’t squander’ tax reform opportunity
THE Bahamas was yesterday urged “not to squander the opportunity” presented by outside pressures to undertake comprehensive tax reform and reposition its economy.
Union chief: ‘No way’ would I breach law and Bar regulations
A trade union leader yesterday said there was “no way” he would have agreed to an illegal ‘contingency fee’ in taking on Sandals Royal Bahamian all the way to the Privy Council.
Bahamian retailers hit by ‘showroom effect’
BAHAMIAN retailers yesterday said they have fallen victim to the “showroom effect” with consumers using them as ‘fitting rooms’ before purchasing online.
Kosoy, Sterling eye Hurricane Hole deal
David Kosoy’s Sterling Global Financial is in negotiations to acquire Paradise Island’s Hurricane Hole property from Atlantis’s owner, Tribune Business can reveal.
Income-type tax ‘likely inevitable’, warns ex-minister
A FORMER financial services minister believes it is “probably inevitable” that the Bahamas will have to introduce some form of low-rate income tax, warning: “We’re not in the clear yet.”
Enterprises Bill compared to ‘fighting cancer with band-aid’
A well-known businessman has compared the Government’s Commercial Enterprises Bill to “fighting cancer with a band-aid”.
‘Absolutely imperative’ Baha Mar doesn’t fail
BAHA Mar’s transformation into a sustainable mega-resort is an “absolute imperative” for the Bahamas and its economy, the Chamber of Commerce’s chief executive says.
Property Fund ‘gap’ as PwC to vacate Providence House
THE BISX-listed Bahamas Property Fund is preparing for temporary vacancy at its last fully-occupied property, following a $2.206 million third quarter hit caused by a timing adjustment.
Bahamas signs three more air services deals
THE Minister of Tourism and Aviation has signed the Bahamas on to three more Air Services Agreements (ASAs), bringing the total to 11.
Unions: Employers leaving us with no choice but strike
A union leader yesterday said employers are ignoring the legally-stipulated 45-day period in which to begin negotiations, leaving organised labour with no choice but to resort to industrial action.
