Former BEC union chief loses $2.6m damage bid
A former Bahamas Electricity Corporation (BEC) union leader has failed to increase the damages and compensation payout for his wrongful dismissal over 20 years ago to almost $2.6m.
Bimini shrugs off rise in Flamingo Air’s prices
Bimini businesses yesterday shrugged off Flamingo Air’s increase in ticket prices to the island as commerce is “booming” and there are multiple other transportation means available.
Nassau and PI targeting winter-weary Londoners
The Nassau & Paradise Island Promotion Board (NPIPB) last week marketed the destination’s warm weather attractions to a UK audience through an event held at London’s Canary Wharf.
Bahamas launches National Cyber Security strategic plan
The Bahamas has launched its National Cybersecurity Strategy (NCS) in a bid to better protect its digital infrastructure from rapidly-evolving online threats.
Christmas ‘light at end of tunnel’ for tourism
Bahamian resorts were yesterday said to be “optimistic” that the peak Christmas and New Year period “may even surpass” 2023’s performance, as one executive said: “We needed this light at the end of the tunnel.”
Gov’t in $9m tax boost as ‘sword of Damocles’ lifted
The sale of four private islands in the Exuma cays has eliminated “the sword of Damocles” that was hanging over its former owners’ heads and netted the Public Treasury a multi-million dollar tax boost.
Bahamasair loses one-third of fleet for more than week
Bahamasair’s managing director last night confirmed that one-third of its fleet has been grounded for more than a week after damages caused by a “blown tyre” forced another plane offline.
Governor: Collateral register will boost business lending
The Central Bank’s governor says business lending and confidence will be boosted by legislation to create a regulatory framework that will enable “mobile assets” to be pledged as credit security.
Bahamasair privatisation urged over travel delays
An Abaco yacht and charter company’s proprietor yesterday demanded accountability and Bahamasair’s privatisation after the airline’s plane shortage caused travel delays for frustrated visitors.
Eleuthera businesses struggle amid outages
Eleuthera-based businesses yesterday complained that the weekend’s 24-hour plus electricity outage has cost them both time and money.
Inflation enjoys September fall
The Bahamas’ annual inflation rate declined by 0.8 percent for the 12 months to September 2024, it was revealed yesterday, representing a modest easing to the post-COVID cost of living crisis.
BAIC teams with China to aid North Andros farmers
The Bahamas Agricultural and Industrial Corporation (BAIC) has teamed with the People’s Republic of China to supply 15 tool kits to North Andros farmers.
Super Value ‘not getting hopes too high’ for Xmas
Super Value is “not getting our hopes too high” for Christmas sales that are typically up to 10 percent higher than “normal” shopping periods, its president has disclosed.
$8.2m GB Concrete ‘makes some moves’ through block launch
A fledging Grand Bahama concrete plant is aiming to “make some moves” following the December launch of its final phase following a total $8.2m capital investment.
Hotel workers bracing for ‘biggest ever gratuity rise’
Hotel workers are eagerly anticipating the “biggest ever increase in gratuity” payments taking full effect in the New Year, a union chief has revealed, as he urged members to “deliver value for money”.
