Realtors predict 30% deal surge with market ‘on fire’
Realtors yesterday predicted an up to 30 percent increase in deal volumes for 2025 with the Bahamian high-end property market said to already be “running on all cylinders”.
CCA to protect resorts’ staff from Sarkis ‘chaos’
Baha Mar’s contractor yesterday slammed the bid by Sarkis Izmirlian to wind-up its two Nassau hotels as “meritless” while pledging to protect hundreds of Bahamian workers from potential “chaos”.
Abandoned $1m lawsuit’s energy reform questions
An abruptly-withdrawn $1m legal claim has exposed questions about the Government’s handling of renewable energy reforms designed to save Bahamian households and businesses millions of dollars.
Bahamians told: ‘Revisit savings, lifestyle’ to gain home ownership
A prominent realtor yesterday urged Bahamians to “revisit their lifestyle and savings” habits if they wish to fulfill their home ownership dream with high-end residential properties now being marketed for up to $50m.
Consumer watchdog touts $240k complaint recovery
A government watchdog yesterday revealed it had recovered $240,426, or more than one-quarter of the value of complaints submitted to it by Bahamian consumers, for the 2024 full-year.
Union chief: ‘We’ll do what we have to’ over strike injunction
The Trades Union Congress (TUC) president pledged “we will do what we have to do” after the Government obtained a temporary court injunction ordering all doctors, nurses and air traffic controllers back to work.
Skydive licence delay on police probe into threats
The Bahamian aviation regulator yesterday revealed it will not approve a skydiving excursion provider’s licence to operate due to a police probe into recorded threats he allegedly made to its officials.
Unions ‘strong as a monkey’s tail’
The Trades Union Congress (TUC) president yesterday asserted the umbrella body and its 14 affiliates are “strong like a monkey’s tail” as he hit back at critics of their members’ sick-outs and strike action.
Wedding planners aiming to grow 1,000-strong base
Bahamian wedding planners yesterday said they are aiming to increase the up to 1,000 international couples they cater to annually through their upcoming 2025 trade show.
Sarkis: ‘Jobs safe’ in CCA wind-up bid
Baha Mar’s original developer yesterday pledged hundreds of Bahamian jobs will be protected despite his bid to wind-up two major Nassau hotels.
Sarkis pledges to protect jobs as he seeks wind-up of CCA Bahamas
Sarkis Izmirlian today pledged to safeguard hundreds of Bahamian jobs as he urged the Supreme Court to permit the winding-up of a company that owns two Nassau hotels.
Gov’t will ‘feel the might of workers’
The Trades Union Congress (TUC) president last night warned the Government it will “feel the might of the workers” as members of 14 unions prepare to initiate a 48-hour nationwide strike beginning today.
‘Most competitive food industry in the world’
Super Value’s owner says The Bahamas has “the most competitive food distribution industry in the world” as he pushed back against the Prime Minister’s assertion that lack of choice is fuelling the high cost of living.
Public company ‘exemption’ boost to Jack’s Bay developer
An Eleuthera resort community developer is now able to “entertain more and more deep pocketed investors” after obtaining a public company ‘exemption’ from the Securities Commission of The Bahamas.
Beware ‘populist trap’ over $30m food-based VAT cut
The Government is being warned to avoid “the populist trap” caused by extending tax breaks to wealthy and higher income Bahamians/residents who do not need such concessions.
