Bahamas cleaner seeks $173k over Baha Mar work
A cleaner has become the first Bahamian contractor to sue China Construction America (CCA) for breach of contract over the Baha Mar project, alleging it has been paid just 3 per cent of what is owed.
‘What a tangled web we weave’
The Democratic National Alliance’s (DNA) leader says the Bahamian people “cannot let go” the Renward Wells ‘Letter of Intent’ (LOI) because they are “the biggest losers” from the saga.
CCA ‘stonewalling’ via Sarkis lock out
Baha Mar’s main contractor was claiming as recently as two months ago that it could not produce documents for a New York court case because Sarkis Izmirlian had “locked it out” of the project site.
Minister: Sandals job fair ‘looks suspicious’
A Cabinet minister has admitted that the structure for this week’s Sandals job fair “looks very suspicious”, given that the 600 employees terminated from its Royal Bahamian property are being forced to reapply for their jobs.
Chamber chief: Don’t vilify foreign investors
The Bahamas Chamber of Commerce’s (BCCEC) chief executive has warned against vilifying foreign investors given this nation’s “shameful” ‘ease of business’ rankings, warning that “it benefits no one to do so”.
Sandals critics ‘can’t have cake and eat it’
A Cabinet Minister has accused the Government’s critics of wanting to “have their cake and eat it” over the 600 Sandals redundancies, adding that the National Tripartite Council was the body responsible for reviewing labour laws.
Govt knew of Wells LOI before signing
Key members of the Christie Cabinet knew in advance that the Government was set to “issue” the controversial ‘Letter of Intent’ (LOI) that led to the downfall of former parliamentary secretary, Renward Wells.
Waste-energy firm warns on ‘Bahamas reputation damage’
The “increasingly frustrated” firm behind the $600-$650 million waste-to-energy plant proposal has warned the Government that its three-year wait for approval “risks damaging the reputation of the Bahamas”.
Cable Bahamas ‘close to’ $50m preference goal
Cable Bahamas finished “close to target” on its recent $50 million preference share offering, Tribune Business was told yesterday, even though its local placement agent raised just 25 per cent of its US dollar goal.
CCA slammed with fresh $555k Baha Mar demand
Baha Mar’s main contractor has been accused of citing “false reasons” to excuse non-payment of an outstanding $555,000 balance owed to a US firm for work on the $3.5 billion project.
Mobile private investor plans ‘still proceeding’
Plans to ‘buy’ the Government out of its current 51 per cent majority ownership in the Bahamas second mobile operator are “still proceeding as planned”, with potential investors set to be approached next month.
Bahamas must become ‘best country we can’
The Bahamas must enact the economic and fiscal reforms to make it “the best little country we can be”, the Chamber of Commerce’s chairman said yesterday.
IAN FERGUSON: How to constantly improve your skills
Science and technology are progressing at such an accelerated rate that it is virtually impossible to stay competitive without a strategy for life-long learning. The workplace has become a ‘rat race’ as to who can achieve higher levels of productivity and efficiency. The ‘political’ or ‘family connection’, or the graduate degree, may have gotten you in the door, but the push to constantly improve your skills will keep you advancing once there.
MAB president: IPA should not be mandatory
MEDICAL Association of The Bahamas (MAB) President Dr Sy Pierre says that his organisation is not opposed to any physician or group of physicians seeking to form an Independent Provider Association (IPA), stressing however that IPA “should not be mandatory”.
Lottery funded NHI 'a great opportunity' says MAB president
THE establishment of a national lottery could be a way of funding National Health Insurance (NHI), according to Medical Association of The Bahamas (MAB) President Dr Sy Pierre.
