Industrial Tribunal still lacking ‘teeth’
A trade union leader yesterday said that while the planned changes to the Employment and Industrial Relations Acts were “a step in the right direction”, the Industrial Tribunal still has not been given sufficient “teeth”.
78% debt ‘threatens to sink the Bahamas’
The Bahamas’ 78 per cent debt-to-GDP ratio “is a real concern” that threatens to sink this nation, the FNM’s deputy leader said yesterday.
Unions ‘ecstatic’ on ‘win for all Bahamian workers’
Elated union leaders said they were “ecstatic” over the reforms to the Employment and Industrial Relations Acts tabled in Parliament yesterday, hailing them as a “victory for Bahamian workers”.
FOCOL ‘couldn’t allow’ Rubis LPIA fuel control
FOCOL Holdings yesterday said it acted “in the national interest” by acquiring half of Sol Petroleum’s stake in Lynden Pindling International Airport’s (LPIA) fuel farm operations, thereby preventing a foreign rival from taking “clear control”.
PLP chair branded ‘delusional’ as debt ratio soars to 78%
Bradley Roberts was yesterday branded “delusional” for asserting that the Christie administration had “rescued the Bahamas from the brink of the fiscal cliff”, after it emerged that this nation’s debt-to-GDP ratio ended 2016 at 78 per cent.
‘One of most reckless, dangerous pledges ever’
A prominent businessman yesterday described Dr Hubert Minnis’s pledge to reverse Baha Mar’s sale if elected as “one of the most reckless and dangerous statements I’ve ever heard from a political leader in Bahamian history”.
Eleuthera project out of the Woods
Sir Franklyn Wilson yesterday said “it’s been a long time since I smiled this broadly”, as his partnership with Tiger Woods golf course design firm to develop a private club at Jack’s Bay, Eleuthera, was unveiled.
Govt develops social benefits ‘we can’t afford’
The Government was yesterday urged to stop developing social programmes “we have no capacity to afford”, a prominent governance reform campaigner arguing against pushing forward with the National Health Insurance (NHI) scheme.
Govt moving ‘full steam ahead’ with landfill outsource
A Cabinet Minister yesterday said the Government was preparing to move “full steam ahead” with both the privatisation of operations at the New Providence landfill and “fine tuning” its remediation plan.
Tourism feels US storm impacts
The Bahamas Hotel and Tourism Association (BHTA) yesterday said the sector was feeling the effects of the fast-moving snow storm impacting the northeastern US, as flights to this destination have already been among a vast number of cancellations.
Bahamasair chair’s plane loss concern
Bahamasair’s chairman yesterday expressed fears that its upcoming services for the peak Easter travel period may be disrupted, after one of its 70-seater ATR planes was damaged by the early Tuesday morning tornado that struck the Lynden Pindling International Airport (LPIA). i
Fitzgerald: Minnis trying to ‘wreck’ Bahamas economy
A Cabinet Minister yesterday again hit out at Free National Movement (FNM) leader, Dr Hubert Minnis, over his recent pledge to find a new purchaser for Baha Mar, accusing him of seeking to “wreck” the Bahamian economy.
Island Luck eyes HQ at Montagu Hotel site
The Island Luck web shop chain is “contemplating” whether to construct a corporate headquarters for its expanding group on the site of the former Montagu Beach Hotel, Tribune Business can reveal.
QC pledges battle against Freeport’s incentive regime
A prominent QC has promised to this week launch a legal action challenging Freeport’s new investment regime, describing the city’s business climate as “a lose-lose proposition for all concerned”.
Chamber chief warns: ‘Don’t blow up nation for sake of election’
The Chamber of Commerce’s chairman yesterday warned all politicians to “not blow up the country for the sake of winning the election”, after the FNM’s leader threatened to reverse Baha Mar’s sale.
