Chamber executive: BPL plan ‘doesn’t protect consumer’
A Chamber of Commerce executive yesterday called for Bahamas Power & Light’s (BPL) proposed consumer protection plan to be renamed, arguing: “The consumer is not protected.”
Gov’ts small business plans ‘too fragmented’
The Government’s small business development strategy is “too fragmented”, a consultant yesterday urging it to “tie” all activities to the sector’s long-awaited legislation.
Ex-Hard Rock Nassau franchisee loses appeal
Hard Rock Cafe’s former Nassau franchisee has lost its bid to overturn the dismissal of its $18.877 million damages claim for “deceptive and unfair business practices”.
Grand Lucayan deal to avoid ‘quagmire repeat’
The Government’s proposed Grand Lucayan deal aims to avoid a repeat of previous failures and create a destination experience, with Memories and the Port Lucaya Marketplace’s owners “part of the conversation”.
Dingman in legal battle on two fronts over Nassau failure
A new front has opened in the legal war over Jamie Dingman’s failed Nassau restaurant empire, as the Lyford Cay resident moves to dismiss continuing “garden-variety fraud and contract” claims.
Hope Bahamas Power & Light ‘shake up’ shows reform desire
A governance reformer yesterday expressed hope that the “shake up” in Bahamas Power & Light’s (BPL) top management is a sign the Government is serious about delivering energy reform.
Taxation focus ‘could scare’ vacation rentals
The Bahamas was yesterday urged to develop a comprehensive strategy for growing the vacation rental market, amid warnings its taxation focus may “scare” visitors and entrepreneurs.
Ex-landfill manager slams Christie Gov’ts ‘failure to co-operate’
The New Providence landfill’s former manager yesterday blamed the Christie administration’s “failure to fully co-operate and plan” for its decision to cease operations, arguing that this had prevented “successful remediation” of the site.
Gov’t plans threaten to ‘kill’ vacation rentals
A prominent vacation rental home owner yesterday warned that the Government’s plans to tax and regulate the sector threaten “to kill it”.
BPL’s manager relationship in near disrepair
Bahamas Power & Light’s (BPL) relationship with its management company had almost completely broken down last night, with the latter yet to name a new chief executive to replace the terminated Pamela Hill.
FINCO suffers $10.9 million ‘reversal’ into losses
FINCO suffered a $10.9 million year-over-year ‘reversal’ to generate a small loss during the three months to end-April 2017, as delinquent loans “increased significantly” to $122 million.
Gov’t urged: Mandate 50% Freeport sell-off for breaks renewal
A well-known QC yesterday urged the Government to require that Hutchison Whampoa and the Port Group of Companies sell 50 per cent of Freeport’s profit-making assets in return for renewal of their tax breaks.
Realtor urges vacation rental tax incentives
The Government was yesterday urged to provide tax incentives to the vacation rental sector, a well-known realtor warning against “extensively burdening” homeowners.
Cheap Japanese car imports driving the industry down
The influx of cheap Japanese vehicles was yesterday described as a ‘nuisance’ to the entire Bahamian auto industry.
Cruise line to double trips to Freeport
GRAND Bahama has been given a desperately needed boost to its flagging tourism industry with the news a US cruise company is to double sailings to Freeport.
