Foreign contractor blasted on Bahamas labour criticisms
A former Bahamian Contractors Association (BCA) president yesterday said it was “totally unfair, unjust and untrue” for Baha Mar’s foreign bathroom manufacturer to criticise this nation’s “skills construction labour shortages”.
SUPERGREEN SOLUTIONS: Reducing energy costs as you wait for grid-tie
How times have changed, There was a lot of angst when the Renewable Energy Self Generation (RESG) programme was stopped in its tracks in November 2015. “
Moss: Homeowner Bill is ‘distasteful’
The MP who tabled his own private members’ Bill in the House of Assembly yesterday said he would not support the Government’s version of the the Homeowners Protection Bill, saying: ‘We can do better than this.”
MPs blast RBC’s Out Island pull-out
Royal Bank of Canada’s (RBC) decision to leave Bimini and Spanish Wells without banking services by closing its branch locations was yesterday blasted by MPs, who warned the impact could be “devastating”.
Scotia profits up 266% through ‘bad loan’ sale
Scotiabank (Bahamas) yesterday said it had gained $7 million from the sale of non-performing mortgage loans, which helped to drive a 266 per cent increase in 2016 profits.
Landfill fire expert in Bahamas financier bid
A world-renowned engineering and fire control specialist is part of a group being formed by a Bahamian financier to bid on taking over the New Providence landfill’s management, Tribune Business can reveal.
Chamber urges end to landfill ‘blame game’
Chamber of Commerce executives yesterday called for “the blame game” over the New Providence landfill to end, and revealed they plan to “accelerate” recommendations to the Government following the ongoing fire.
AG: ‘Highly unlikely’ Baha Mar open now through Chapter 11
The Attorney General yesterday argued that the likelihood of Baha Mar still being closed if Sarkis Izmirlian’s Chapter 11 bankruptcy proceedings had been allowed to play out was “very very high”.
Bahamas squandered ‘modernised’ landfill
The Bahamas squandered the modern landfill operation provided 18 years ago by an Inter-American Development Bank (IDB) project through poor execution and management, a waste services provider writes today.
A missed opportunity for true landfill reform
A waste services provider disclosed in a 2016 paper, presented to the Chamber of Commerce, how Bahamians have been let down by the failure of successive governments to fully capitalise on previous New Providence landfill upgrades. Tribune Business publishes it today to show the road that led to this weekend’s inferno . . .
Minister seeks proof over livestock deaths
A Cabinet minister yesterday said samples of animal feed, which Bahamian farmers believe is responsible for hundreds of livestock deaths, have been sent off for testing.
Govt officials ‘engaged in corruption with impunity’
Bahamian government officials “engaged in corrupt practices with impunity” as a result of inadequate enforcement, the US government has alleged.
Foreign creditor outrage on 2% Baha Mar offers
Baha Mar’s outraged foreign creditors were last night talking of class action lawsuits, after being offered claim settlements as low as 2 per cent of what they are owed.
FINCO cuts staff 70% in five years
FINCO has slashed staffing levels by 70 per cent over the past five years, as it continues to outsource back office functions to its parent in a bid to cut costs in a low growth environment.
Sarkis calls out Govt on Baha Mar sale details
Baha Mar’s original developer last night urged the Government to “end the speculation” by releasing all agreements related to the project’s opening, as his verbal battle with the Government re-ignited following a lull of several months.
