Opposition: Govt ‘worst offender’ on workplace relations
Opposition MPs yesterday slammed the Government as one of “worst offenders” in workplace relations, as debate began in the House of Assembly yesterday on the controversial labour law reforms.
Miller warns over labour law reform
Outspoken PLP MP, Leslie Miller, yesterday warned about the possible repercussions from the Government’s proposed labour law reforms, urging: “We must be reasonable in our approach.”
Large employers mull wages, hirings freeze
The Bahamas’ biggest employers, including some of the largest hotels, are mulling whether to impose a wages and hiring freeze in retaliation for the Government’s decision to force controversial labour reforms “down our throats”.
Baha Mar: No casino license 21 days out
Baha Mar’s prospective purchaser was yesterday said to be confident it will obtain the necessary casino license prior to its April 21 opening, even though one will not be issued before the end of March.
Sebas’s Brickell in Govt PPP market
Sebas Bastian’s Brickell Management Group (BMG) has entered the public-private partnership (PPP) market through a contract to construct a new “multi-purpose” government office complex on Harbour Island.
Aliv in ‘phenomenal position’ financially
The Bahamas’ new mobile operator is in “a phenomenal position” financially, having secured $186 million in start-up funding prior to this week’s planned capital raising.
BORCO gains US court help on $23m claim
The Bahamas Oil Refining Company (BORCO) has obtained US judicial permission to serve subpoenas on a marine accident investigator and his firm, as it pursues a $23 million claim in the Supreme Court.
Govt urged: ‘Don’t penalise all firms’
The Government has been urged not to “penalise” all businesses for the actions of a few through its labour reforms, the Chamber’s chairman calling for longer term employee safeguards to be put in place.
$50m capital raising comes Aliv next week
The Bahamas’ new mobile operator will bring a $50 million capital raising ‘Aliv’ next week, its advisers yesterday predicting “a very successful offering”.
Chamber pledges last ditch ‘appeal’ on labour reforms
The Chamber of Commerce is preparing a last-ditch appeal to the Government to withdraw and “reconsider” its labour law reforms, with “not one employer” yesterday said to be in favour of the changes.
Labour chief dismisses ‘ultra vires’ concerns on law amendments
The Director of Labour yesterday said there was “no basis” to the Chamber of Commerce’s assertion that the labour law reforms were “ultra vires” because they had not been unanimously approved by all National Tripartite Council (NTC) members.
FNM deputy: Labour law reforms could ‘unbalance’ economy
The FNM’s deputy leader yesterday warned that the Government’s latest labour law reforms threaten to upset the delicate balance between protecting Bahamian workers and the need for jobs and economic growth.
Water Corp’s bill to BISX-listed supplier up 134%
The Water & Sewerage Corporation owed an $11 million receivable to its main, BISX-listed water supplier at year-end 2016, it was revealed last night, although the latter’s revenues were down $1.5 million year-over-year.
IAN FERGUSON: Leading away from a generational clash
Millennials and younger generations of leaders are increasingly finding themselves managing departments with older persons serving under them.
Minnis slams Govt’s ‘stunning ineptitude’
The Free National Movement’s (FNM) leader yesterday accused the Government of “stunning ineptitude” in its fiscal policies, with the debt-to-GDP ratio now at 78 per cent despite $1 billion-plus in VAT revenue collections.
