Sandals in 100 staff units to ease housing shortage
Sandals executive chairman yesterday revealed it is building an extra 100 rooms to ease Exuma’s housing crisis for staff with the growth of vacation rentals “driving the cost of living through the roof”.
Sandals in 100 staff units to ease housing shortage
Sandals executive chairman yesterday revealed it is building an extra 100 rooms to ease Exuma’s housing crisis for staff with the growth of vacation rentals “driving the cost of living through the roof”.
Cable targets 30,000 ‘reach’ with new network by end ‘25
Cable Bahamas is “aiming to reach” 30,000 subscribers with its new fibre-to-the home network by end-June 2025 while promising shareholders of “continued growth” in profits and earnings per share (EPS).
Atlantis engineer chief loses $347,603 claim
A former senior engineering director for Atlantis has seen his $347,603 claim for wrongful and unfair dismissal comprehensively rejected by the Industrial Tribunal.
Committee to assess ‘livable wage’ merits
The body responsible for addressing all labour-related matters in The Bahamas yesterday said it plans to form a committee to “operationalise a living (livable) wage in the Bahamas”.
DIR: Just 1.3% of Family Island Airbnbs registered
The Department of Inland Revenue (DIR) yesterday asserted that just 1.3 percent, or 502 out of an estimated 38,000 Family Island vacation rental properties, are registered with it.
Family Island president calls for 20-year tourism strategy
The Bahama Out Island Promotion Board’s president yesterday called for the creation of a 20-year plan that will ensure the industry’s sustainability for future generations.
Bank: ‘Dissatisfied businesses’ drive 8% fees growth
Commonwealth Bank says demand from “dissatisfied businesses” sparked its entrance into providing merchant-acquiring services for commercial clients and drove an 8 percent increase in fee income.
‘Way too aggressive’ over Business Licence deadline
Accountants yesterday warned that the March 31 deadline to complete 2025’s Business Licence audits and reviews is “way too aggressive” and will impose “significant strain” on many businesses.
Aviation chief ‘100%’ confident pilot exam controversy solved
The Bahamian aviation regulator’s chairman yesterday voiced “100 percent” optimism that concerns over a controversial exam, which the industry fears will create a pilot shortage, can be solved as early as this week.
Ex-chief medical officer fails on CIBC quick win
The Government’s former chief medical officer has lost his bid for a quick legal victory against CIBC Caribbean (Bahamas) over their $1.233m mortgage loan dispute.
‘Every day that goes by retards fiscal progress’
A member of the original Fiscal Responsibility Council is warning that “every day we go without it is a day that retards our fiscal progress” amid signs the Government is moving to finally re-establish the watchdog.
Blackbeard’s Cay dolphin notice sparks ‘sale’ alarm
A Bahamian environmental activist yesterday said she is “very concerned” that the Government may by seeking to sell the five dolphins rescued earlier this year from the Blackbeard’s Cay project.
‘Major headwind’: Doctors triples provisions for unpaid patient bills
Doctors Hospital has warned of “a material headwind” to profitability after it was forced to more than triple provisions to cover medical bill non-payment by government patients and insurers to $12.7m.
Gov’t extends six-month real estate tax ‘amnesty’
The Government has extended the six-month “amnesty” for persons to bring forward unstamped real estate conveyances and pay the outstanding transaction tax by another two weeks.
